The AVAXFISHFARM Smart-Contract found no vulnerabilities, no backdoors, and no scam scripts.
The code was tested with compatible compilers and simulated manually reviewed for all commonly known and specific vulnerabilities.
So, AVAXFISHFARM Smart-Contract is safe for use in the Avalanche main network.
CRITICAL ISSUES (critical, high severity): 0
HIGH ISSUES (high, medium severity): 1
ERRORS, WARNINGS (medium, low severity): 0
OPTIMIZATION (low severity): 0
RECOMMENDATIONS (very low severity): 0
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Users' principal deposits cannot be withdrawn, users can get dividends and referral commission.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 AVAXFISHFARM smart contract provides the opportunity to invest any amount in AVAX in the contract and get daily profit on investment if the contract balance has enough funds for payment.
based on the audit date (April 13, 2022) the project is not launched yet. The owner has access to activate the project and the launch date is dependent on the owner's decision
Contract Owners Fee
Deposit (hire fishers) Fee: 3%
Withdraw (sell fish) Fee: 3%
The basic interest rate on the initial date is approximately 5.3% daily.
Deposit (Hire Fishers)
Users can buy miners by AVAX. Miner price will be calculated at the time of deposit.
Miner Price Formula: Deposit amount / (Deposit amount + Contract Balance) * Market Fish
Miners will produce Fish and users can sell Fish to earn a profit.
Miners will work forever and users can withdraw profit until the contract has enough balance.
It is an amount that will be defined in the initial of the contract and will be changed by deposit, withdrawal and compound.
Withdraw (Sell Fish)
Users can sell Fish produced by the miners.
Withdraw amount (AVAX) Formula: user Fish / (user Fish + Market Fish) * Contract Balance
User Fish: each miner will produce one Fish each second
Compound (rehire Fishers)
Users can compound their available Fish and buy more miners.
Referral System (Match Bonus)
The contract pays a 12.5% referral commission over one level.