BUSD Machine v3.0

Rating

Overall Score
89
 
 
 
Backdoors
100
Owner Privileges
100
Fees
75
Complexity
80
Team Trust
100
Other Risk
80
 
 
 
 
 
Higher score is always better

Summary

This smart contract has been reviewed by George Stamp Auditor (Arthur) who found no backdoor code. There is no malicious code that allows the owner (or others) to withdraw all funds from the smart contract.
This is an ROI-style app that is the third iteration of BUSD Machine from the same team.
Investors would need to stake their BUSD to earn BUSDM (1.5%) token which they can re-stake to earn more BUSDM (2.5%) or sell for BUSD.
BUSDM will not have any liquidity and the only way to convert it to BUSD is through the app.

Unused referrals will use the admin address as default, but it was coordinated by the owner and the auditor that the referrals' rewards will not be taken out of the contract.

Initial Minted BUSDM upon contract creation is 50,000:
15,000 allocated to influencers and their subscribers (for giveaways)
10,000 allocated to content created by the community
6,000 allocated to the team (1,500 each x4)
5,000 allocated to competitions
14,000 allocated to future use

This contract is deemed SAFE for investing, with the disclaimer that this is an ROI miner application where the users investments cannot be withdrawn, and the user earns their funds back through withdrawing investment interest.

Contract Details

Chain : BSC
Token : BUSD
Native Token : BUSDM (0x19D91bBc5943D9eCeC96B159A608d0bAe12B1640)
Total Supply: 1,000,000 BUSDM
DAPP Type : ROI Contract (Version 3 of BUSD Machine )
ROI Percent : 1.5% on BUSD Staked, 2.5% on BUSDM Staked.
Referral Percentage : 2% to the referrer (not modifiable by owner)

Backdoors

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

Owner Privileges

There are no owner privileges. The contract will start at a given timestamp.

Fees

Deposit of BUSD :10% (not modifiable by owner)
• 2% DEV_1 Wallet
• 2% DES_1 Wallet
• 2% ADM_1 Wallet
• 2% VID_1 Wallet
• 2% MAR_1 Wallet
Deposit of BUSDM : 0% (not modifiable by owner)
Withdraw : 0% (not modifiable by owner)

Complexity

This smart contract is fairly complex and with little to minimal owner configuration.
Users have 2 options to earn in the platform, 1 is to stake BUSD to earn BUSDM which then can be sold for BUSD or re-stake to earn more BUSDM. 2 is via referral program which has only 1 level of 2%.

Total Supply of BUSDM is 1,000,000
BUSDM Price will depend on Total BUSD Balance / Available Supply in the contract.
Circulating Supply is the amount of BUSDM tokens that are currently in wallets.
Available Supply is Total Supply - Circulating Supply of the token.
BUSDM3 staking is locked for 7 days,
Unstaking BUSDM: User will receive the 100% of the staked amount. and then 50% will be burned from the user's wallet.

Team Trust

Project owner is George, Founded Defi Eco System, Co-founded Crops Farmers , Co-founded Space Eco System in which each team has a ton of projects under its belt.

Other Risk

This is an ROI Dapp that relies on new funds being invested, In the event that the contract reaches $0 then the contract will finish and will stop paying out dividends to the investors.

Disclaimer

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