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. 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for investing, with the disclaimer that this is a 6% APR Yield Farm application where the users investments cannot be withdrawn, and the user earns their funds back through withdrawing investment interest.
The investor earns income by investing (and forfeiting) their capital in order to receive 6% daily for investments, until the contract balance reaches $0. In addition to this method of earning, there is a 5 level referral income starting at 7% ,3%,1%,1%,1%.
Please note that the project has already launched prior to the audit release.
Chain : BSC
Token : BNB (Native Token)
DAPP Type : Static APR Yield Farm with 1 plan.
ROI Percent : 6% for new deposits, 2.75% for re-investments (not modifiable by owner)
Minimum Investment : 0.1 BNB
Referral Percentage : 5 Level, 7%, 3%,1%,1%,1% (not modifiable by owner)
There are no backdoor methods that withdraw funds to a noninvestor wallet
No owner privileges.
These fees are slightly higher than usual
Deposit : 10% (not modifiable by owner).
NOTE: there is a fixed 0.005 being transferred to 2 addresses for each deposit action.
The code is not very complex. it is a standard static farm with 1 plan. 6% with a maximum of 200% income.
Not much interaction with the GS team and the project. the telegram group has over 6k members but seems like to be the first project from the team.
This is a ROI dapp, once the contract balance reaches $0 there will be no further payouts.