CoinPrinter

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Users' principal deposits cannot be withdrawn, users can get dividends and referral commission.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 COINPRINTER smart contract provides the opportunity to invest any amount in BNB in the contract and get daily profit on investment if the contract balance has enough funds for payment.

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

 

Launch Date:

based on the audit date (May 02, 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 (buyPrinters) Fee:                        5%

Withdraw (sellPrinters) Fee:                     5%

 

INVESTMENT PLAN

The basic interest rate based on the audit date is 7.14% daily.

• The daily rate will be changed based on the deposit and withdrawal of the other users.

 

Deposit (buy Printers)

Users can buy Miners by BNB token. The Miner price will be calculated at the time of deposit.

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

Miners will produce Printers and users can sell Printers to earn a profit.

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

 

Market Printers

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: 108000000000
• 20% of each deposit or compound will be added to “Market Printers”
• The withdrawal amount will be added to “Market Printers”
• An increase in the “Market Printers” will reduce the daily rate and increase sustainability

 

Withdraw (sell Printers)

Users can sell Printers produced by the Miners.

Withdraw amount (BNB) Formula: user Printers / (user Printers + Market Printers) * Contract Balance

User Printers: each Miner will produce one printer each second

• Miners produce Printers maximum of 12.5 days. users should try to withdraw or compound their produced Printers. After withdrawal or compound, Miners will start working again.
• Users can withdraw or compound many times without any limit

 

Compound (hatch Printers)

Users can compound their available Printers and buy more Miners.

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

 

Referral System (Match Bonus)

The contract pays a 12.5% referral commission over one level.

• The commission is 12.5% of the referral deposit or compound Printers
• The commission will be paid as Printers that the user can withdraw or compound it
• Users can not use their wallet as a referral for themselves
• If a user does not have a valid upline, the owner will be set as a referrer