BUSDHoney

1358

2022.05.24

Disclaimer:

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Conclusion:

The BUSDHONEY 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, BUSDHONEY Smart-Contract is safe for use in the Binance Smart Chain 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

 

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Users' principal deposits cannot be withdrawn, users can get dividends and referral commission.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 BUSDHONEY smart contract provides a standard BEP20 token and users can stake token and BUSD.

  1. All libraries which were used for calculation and the token in the contract are standard and safe

 

Launch Date: Tue May 24 2022 06:32:38 GMT+0000

 

Token Info (all information based on audit date: Tue May 24, 2022, 06:32:38 GMT+0000)

  • Total Supply:                           0 BUSDHoney
  • Limited Supply:                       1,000,000 BUSDHoney
  • Holders:                                  0 address
  • Total Transactions:                  0
  • Name:                                     BUSDHoney
  • Symbol:                                   BUSDHoney
  • Decimals:                                18

 

 

Contract Owners Fee

On Stake BUSD                        10% of BUDS
 

Staking System

users can stake BUSD and BUSDHoney tokens and earn daily profit

  • BUSD daily profit is 200%.
    • Users will receive equal to 200% of their BUSD staked amount in BUSDHoney token without any relation to token price. For example, if the user stake 100 BUSD, he will earn 200 BUSDHoney tokens daily.
    • Users can not unstake (withdraw) their staked BUSD
  • BUSDHoney daily profit is 10%.
    • Users can not unstake their tokens for 7 days

 

 

Sell Token

Users can sell tokens directly to the contract

  • Participants/Users cannot sell more than 40,000 tokens collectively per day
    • A total accumulation of 40,000 tokens by all investors can only be sold in a single day
  • Token price: total available tokens / total BUSD in contract balance and insurance system
    • Available tokens = limited supply – total supply
      • Mint increases the total supply
      • Sell decreases total supply (burn)

 

 

Insurance system

A second contract manages the insurance system

  • 20% of each BUSD on the sell will be sent to the insurance contract
  • If the main contract balance decreased to less than 25% of the highest contract balance amount in the last 7 days, the insurance contract balance will be returned to the main contract

 

 

 

Referral System (Match Bonus)

The contract pays a 13.5% referral commission over 5 levels only on staking of BUSD

  • Level 1:            7%
  • Level 2:            3%
  • Level 3:            2%
  • Level 4:            1%
  • Level 5:            0.5%

Notes:

  • 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.
  • If a user has not had a valid upline, a total referral commission will be sent to the owner