Rating
Summary
This smart contract has been reviewed by George Stamp and found no backdoor code, and the owner has no privileges to make modifications to the contract (apart from starting the contract). There is no malicious code that allows the owner (or other) to withdraw all funds from the smart contract.
This contract is deemed SAFE for investing, with the disclaimer that this is a Static APR Yield Farm application where the users investments cannot be withdrawn, and the user earns their funds back through withdrawing investment interest.
This is a fork of the "Seed" projects that were recently launched (BUSD Seed, BNB Seed, etc). The investor earns income by investing (and forfeiting) their capital in order to receive 1.5% daily for investments or 2.75% daily of their re-investments, until the contract balance reaches $0. In addition to this method of earning, a user also gains a percentage of their 10 Level downlines capital investment AND gains a seed percentage of their 10 Levels of downlines daily withdraw yield.
Contract Details
Chain : BSC
Token : BNB (Native Token)
DAPP Type : Static APR Yield Farm with 2 plans, includes seed income (from downlines profit), and a referral contest
ROI Percent : 1.5% for new deposits, 2.75% for re-investments (not modifiable by owner)
Minimum Investment : 0.01 BNB
Referral Percentage : 10 Level, 13% (not modifiable by owner)
Seed Income : 10 Levels, 10% (not modifiable by owner)
Backdoors
There are no backdoor methods that withdraw funds to a non investor wallet
Owner Privileges
There is not a lot that the owner is able to do.
enableRefContest - This enables the referral contest
changePayment - This updates the commissionWallet address
Fees
These fees are slightly higher than usual
Deposit : 6% (not modifiable by owner)
Withdraw : 6% (not modifiable by owner)
Complexity
This code is a fork of an existing project, and combines a yield farm with a downline seed payment system. A new code addition of the Referral Contest had been added. The code is not very complex
Team Trust
The Genesis Farm team and the Rothschild Winery Team have launched several successful projects
Other Risk
This is a ROI dapp, once the contract balance reaches $0 there will be no further payouts.
