ApplePlant

367

2022.05.10

Disclaimer:

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Conclusion:

The APPLEPLANT Smart-Contract found One Vulnerability

 

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

 

So, APPLEPLANT Smart-Contract is NOT SAFE for use in the Binance Smart Chain main network.

CRITICAL ISSUES

(Critical, high severity)

1

HIGH ISSUES

(High, medium severity)

1

ERRORS, WARNINGS

(Medium, low severity)

0

OPTIMIZATION

(Low severity)

0

RECOMMENDATIONS

(Very low severity)

0

 

Auto Reinvest

The owner has the privilege to do an auto reinvest for any of the users and the user dividends will be reinvested automatically. So, it can limit the user's access to withdraw.

 

High ISSUE

The system used is called ROI and must be considered HIGH-RISK.

Users' principal deposits cannot be withdrawn, users can get dividends and referral commission. Dividends are paid from deposits of other users. Do always invest with proper knowledge and investigation.

 

Independent description of the smart-contract functionality

The APPLEPLANT smart contract provides the opportunity to invest any amount of BNB (from 0.05 BNB) in the contract and get a total return of 288% if the contract balance has enough funds for payment.

  • All dividends are calculated at the moment of request and available for withdrawal anytime

 

Launched Date: Apr-23-2022 05:56:10 PM +UTC

 

Contract Owners Fee

Deposit Fee:                       5%

Withdraw Fee:                   10%

Reinvest Fee:                      5%

 

INVESTMENT PLAN

The basic interest rate is from 0.14% to 9% daily

Level

1

2

3

4

5

6

7

8

Rate

9%

7%

4.5%

2.25%

1.125%

0.562%

0.281%

0.14%

 

  • In the first deposit, the daily rate is level 1 or 2 by random
    • It means the first deposit daily rate is 7% or 9%
    • Each new deposit of any user will change, it means if it is 9% for next deposit is 7% and then the next it is 9% again
  • With each withdrawal, the daily rate level will increase one level and the daily rate decreased
  • In each one of the deposit, withdrawal, and compound functions, the daily rate level and daily rate will be updated
  • The minimum deposit amount is 0.05 BNB
  • The deposit amount will be set 20% less than the sent BNB amount by the user
    • 5% owner fee and 15% referral commission fee will be deducted and 80% of the sent BNB amount will be set as a new deposit for the user
    • If a user deposits 10 BNB, a deposit with 8 BNB will be created
  • Total Return is 400%
    • the created deposit is 20% less than the sent BNB amount so the total return decrease by 20% too
    • during the withdrawal, 10% of the dividends will be sent to the owner so the total return decreases 10% more
    • The real total return is 288%

 

Withdraw Rules

  • Users can withdraw anytime
  • The minimum withdrawable amount is 0.009 BNB
  • 90% of each withdrawal amount send to the user's wallet and 10% to the owner's wallet
  • If the number of compounds is less than 6
    •  The daily rate level increase and the daily rate decrease
  • If the number of compounds is equal to or higher than 6
    • The compounds number will reset to the zero

 

Compound Rules

  • The users can compound their dividends without any limited time
  • If the users compound only once a day, the compound number will increase by one
    • If the compound number is equal to or greater than 6, for each new compound the daily rate level decrease one level and the basic daily rate increase again

 

Referral System (Match Bonus)

The contract pays a 15% referral commission over 3 levels

  • Level 1:          10%
  • Level 2:            3%
  • Level 3:            2%

Note:

  • Referral should be an active user; it means the referral address has at least one deposit
  • The referrer is specified once at the time of the first deposit and is assigned to the user without the possibility of changing. From each subsequent Deposit, the referrer will get his percentage.
  • Users can not use their wallet as a referral for themselves