Minepad

Rating

Overall Score
73
 
 
 
Backdoors
100
Owner Privileges
80
Fees
25
Complexity
80
Team Trust
70
Other Risk
80
 
 
 
 
 
Higher score is always better

Summary

This smart contract has been reviewed by George Stamp and found no backdoor code, and the owners privilege is to start the dapp and control the additional rewards offered to investors. There is no malicious code that allows the owner (or other) to withdraw all funds from the smart contract.

This contract is a fork of Dino BUSD with changes to reward miners with an allocated token of the choosing of the team, through a vesting program. See the differences: https://www.diffchecker.com/bVBmf8iv

Contract Details

Chain: BNB Smart Chain.
Token: BUSD (0xe9e7CEA3DedcA5984780Bafc599bD69ADd087D56).
Dapp Type : ROI DAPP.
Min deposit: 50 BUSD.
Max deposit: 20000 BUSD.
ROI: 5% daily, 3x max profit from withdrawals.
Referral reward: 7%.

Unused referral rewards are sent to developers.
1 claim per day, claiming fills withdrawable amount.
Withdrawals are possible once a week:
- 50 % can be withdrawn below 5 weeks,
- 25% of rewards are then withdrawable above 5 weeks.
Fees are paid using investor wallet instead of contract, which requires additional approval from investors.

Backdoors

There are no backdoor methods that withdraw funds to a non investor wallet.

Owner Privileges

Owner has many privileges over the allocated tokens, but as they are only additional rewards that are independent from the miner itself, they are not impactful.

Miner privileges:
Signal_market - starts the dapp
setMin_MaxDeposit - modifies minimum and maximum deposits.

Allocated tokens privileges:
setMaxRewardPool - modifies maximum reward per pool.
setpriceAmount - allows the owner to change allocation points to any value.
setVestingPeriod - adds or modifies vesting period of all vested wallets.
ownerWithdrawToken - withdraws allocated token rewards, which are only additional rewards and not user funds.

Fees

Deposit fee: 10% (not modifiable by owner)
Withdrawal fee: 5% (not modifiable by owner)

Complexity

This contract is a partial fork of DinoBUSD, see the differences: https://www.diffchecker.com/bVBmf8iv

This miner has a token allocation reward system, that comes through vesting:
- Read their guide here: https://prodocs.rigelprotocol.com/minepad/steps-to-use-the-minepad
- Additional rewards are distributed to investors, and the team has full control over these rewards.

This contract uses Reentrancy Guard modifiers even though it is not necessary: ERC20 tokens are not vulnerable to reentrancy attacks. Simply following the Pull over Push pattern makes for more readable source code and prevents recursive loop vulnerabilities (reentrancy).

Team Trust

The team is behind Rigel Protocol that is audited by Certik: https://www.certik.com/projects/rigelprotocol

Other Risk

The owner can cancel the additional rewards by removing rewards' liquidity, but it does not affect the miner itself nor the owner is able to remove liquidity from the miner. this is an ROI contract which will stop paying investors when the contract reaches 0.

Disclaimer

This contract has been audited by a human.
Only invest what you can afford to lose.
DYOR - Do your own research