ALPACA MINER

114

2021.10.10

Disclaimer:

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Conclusion:

The ALPACA MINER Smart-Contract were found no vulnerabilities, no backdoors, and no scam scripts.

The code was tested with compatible compilers and simulate manually reviewed for all commonly known and specific vulnerabilities.

So ALPACA MINER Smart-Contract is safe for use in the Binance Smart Chain main network.

CRITICAL ISSUES (critical, high severity): 0

Critical and harmful access for owners, user block ability, Bugs, and vulnerabilities that enable theft of funds, lock access to funds without possibility to restore it or lead to any other loss of funds to be transferred to any party.

 

ERRORS, BUGS AND WARNINGS (medium, low severity): 0

Bugs can negatively affect the usability of a program, errors that can trigger a contract failure, Lack of necessary security precautions, other warnings for owners and users, warning codes that are valid code but the compiler thinks are suspicious.

 

OPTIMIZATION (low severity): 0

Methods to decrease the cost of transactions in Smart-Contract.

 

RECOMMENDATIONS (very low severity): 0

Hint and tips to improve contract functionality and trustworthiness.

 

 

INDEPENDENT DESCRIPTION OF THE SMART-CONTRACT FUNCTIONALITY

The ALPACA MINER smart contract provides the opportunity to invest any amount in ALPACA Token in the contract and get daily profit on investment if the contract balance has enough funds for payment.

 

  • The system used is similar to ROI with more sustainability and must be considered as HIGH-RISK. Do always invest with proper knowledge and investigation
  • Dividends are paid from deposits of users.
  • All dividends are calculated at the moment of request and available for withdrawal anytime

 

Contract Owners Fee

Deposit (BuyEggs) Fee:                  10%

Withdraw (SellEggs) Fee:              10%

 

INVESTMENT PLAN

The basic interest rate based on the audit date is 2.83% daily.

  • The daily rate will be changed based on the deposit and withdrawal of the other users.
  • For example:
    1. The current parameters (Sun Oct 10 2021 09:29:05 GMT+0000):
      • contract balance: 2036 Alpaca
      • market eggs: 1,343,344,037,307
    2. if a user tries to deposit 1 Alpaca token
    3. he will receive about 140 miners
    4. miners will produce 20,774,400 eggs daily
    5. daily produced eggs are equal to 0.0283 Alpaca token
    6. the user can withdraw or compound it

 

Deposit (Buy Miner)

Users can buy miners by Alpaca token. Miner price will be calculated at the time of deposit.

Miner Price Formula: Deposit amount / ( Deposit amount + Contract Balance) * Market Eggs

Miners will produce eggs and users can sell eggs to earn profit.

Miners will work forever and users can withdraw profit until the contract has enough balance.

 

Market Eggs

It is an amount that will be defined in the initial of the contract and will be changed by deposit, withdrawal and compound.

  • The initial amount is: 246844800000
  • 20% of each deposit or compound will be added to “Market Eggs”
  • The withdrawal amount will be added to “Market Eggs”
  • Increased of the “Market Eggs” will reduce the daily rate and increase sustainability

 

Withdraw (Sell Eggs)

Users can sell eggs produced by the miners.

Withdraw amount(Alpaca) Formula: user eggs / ( user eggs + Market Eggs) * Contract Balance

 

User eggs: each miner will produce one egg each second

  • Miners produce eggs maximum of 5 days, users should try to withdraw or compound their produced eggs. After withdrawal or compound, miners will start working again.
  • Users can withdraw or compound many times without any limit

 

 

 

Compound (hatch Eggs)

Users can compound their available eggs and buy more miners.

  • Miner price will be calculated based on the mentioned formula in the deposit section and real-time numbers of market eggs and contract balance

 

Referral System (Match Bonus)

The contract pays a 14.28% referral commission over one level.

  • The commission is 14.28% of the referral deposit or compound eggs
  • The commission will be paid as eggs that users can withdraw or compound it
  • Users can not use their wallet as a referral for themselves

Comments

MaiIdol

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