DefiStakerStableAVAX

399

2022.04.17

Disclaimer:

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Conclusion:

The DefiStakerStableAVAX 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 DefiStakerStableAVAX 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):                                          1

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Users' principal deposits cannot be withdrawn, users can get dividends and referral commission.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.

 

Optimization suggestions

Loop on the dynamic variable (low severity).

If the user gets more parallel deposits his withdrawal transaction going to cost more transaction fee because the loop on the dynamic variable is used in the ‘withdraw’ function.

In case exceeding the GAS limit of the size of the transaction, withdrawal is not possible.

Note:

This comment is relevant only if a user creates an excessive number of parallel deposits (more than 100).

 

Independent description of the smart-contract functionality

The DefiStakerStableAVAX smart contract provides the opportunity to invest any amount in USDC (from 10 USDC) in the contract and get a 121% to 389% return on investment between 7 to 14 days if the contract balance has enough funds for payment.

  • All dividends are calculated at the moment of request and available for withdrawal anytime or end of the plan
  • Each subsequent Deposit is kept separately in the contract, to maintain the payment amount for each Deposit.

 

Launch Date: Mon Apr 18, 2022, 15:00:00 GMT+0000

 

Contract Owners Fee

Withdrawal Fee:                10%

 

FOUR INVESTMENT PLANS

Plans

Total Return

Daily Profit

Days

Auto Compound

Withdraw time

1

217%

15.5%

14

No

Any Time

2

121%

12%

7

Yes

End of Plan

3

224.7%

12.5%

10

Yes

End of Plan

4

389.8%

13%

13

Yes

End of Plan

 

  • The minimum deposit amount is 10 USDC
  • The maximum deposit amount is 20,000 USDC
  • After the launch of the project, “Daily profit” will increase by 1% every day for new deposits

 

Withdraw Rules

on each withdrawal, 10% of dividends will be deducted and sent to the owner, and 90% of dividends transfer to the user’s wallet.

 

Referral System (Match Bonus)

The contract pays a 10% referral commission over 3 levels only on locked plans

  • Level 1:          7%
  • Level 2:          2%
  • Level 3:          1%

Notes:

  • Referral commissions will be paid only on locked plans 2, 3 and 4
  • 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.