Rating
Summary
This smart contract has been reviewed by George Stamp. The team behind this contract willingly corrected a vulnerability to protect their investors and deserves trust for this.
This is a fork of Wealth Mountain with many differences, among those differences are bug fixes.
Contract Details
Chain: BNB Smart Chain.
Token: BUSD
Dapp Type: Yield farm / ROI.
Daily ROI: 1.5% to 5%.
Minimum deposit: 100 BUSD.
Referral bonus:
- 3% to referral,
- 3% to both referral and referree during the presale phase,
- referral bonus are only stakable.
Presale phase:
- only one function can be triggered: presale(),
- minimum stake is 200 BUSD and maximum is 2000 BUSD,
- 20% of the stake amount stays in the contract, 40% to the owner, for a total of 60%.
Backdoors
There is no backdoor in this smart contract that allows malicious activity by a third party or the team.
Owner Privileges
Owner privileges:
prelaunch - initializes the prelaunch phase.
start - initializes the contract, can only be done after the prelaunch.
changeManager - changes the manager power.
getParameters - returns modifiable parameters to control fees and bonuses in the contract.
Manager privileges:
changeParams - changes modifiable parameters: mostly fees & bonuses.
airdropBonus - fills TVL and gives an equal amount of referral bonus to the designated user.
airdropDeposit - fills TVL and airdrops a given amount to the user that is staked as a deposit. This was used to migrate investors.
userInfoByAccount - returns deposits information of a given user.
Fees
Deposit fee: 8% (not modifiable by owner):
- that amount may go towards the developer + manager or to the TVL,
Withdraw fee: from 25% to 5% (not modifiable by owner):
- that amount may go towards the developer + manager or to the TVL,
- the % depends on the amount withdrawn, the higher the dividend the higher the fee.
Presale: check contract details.
Complexity
This is a fork of Wealth Mountain with differences, among them includes a fix on a missing condition check that made it to many forks that did not bother to correct it. The developer has put substancial effort in thie contract that shows a resolve to make it into a success.
Team Trust
Team is unknown and the project's community is small & active. There was an involontary backdoor exploitable by owner in a previous version of this contract, and the owner willingly corrected the issue, re-deployed and migrated previous user bases to make it as seemless as possible with no fund loss. Props to the team!
Other Risk
This is a yield farm application that relies on new funds being invested, if the contract reaches $0 then investors will not be paid out.
The team has shown extremely positive attitude towards their community in handling a vulnerability that has been since fixed. It is likely they will do anything in their power to make the project using this contract a success.
