FractalTrade

460

2021.11.30

Disclaimer:

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Conclusion:

In the FRACTALTRADE Smart-Contract were 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 FRACTALTRADE Smart-Contract is safe for use in the Binance Smart Chain main network.

CRITICAL ISSUES (critical, high severity): 0

Critical and harmful access for owners, user block ability, Bugs, and vulnerabilities that enable theft of funds, lock access to funds without possibility to restore it or lead to any other loss of funds to be transferred to any party.

 

ERRORS, BUGS AND WARNINGS (medium, low severity): 0

Bugs can negatively affect the usability of a program, errors that can trigger a contract failure, Lack of necessary security precautions, other warnings for owners and users, warning codes that are valid code but the compiler thinks are suspicious.

 

OPTIMIZATION (low severity): 0

Methods to decrease the cost of transactions in Smart-Contract.

 

RECOMMENDATIONS (very low severity): 0

Hint and tips to improve contract functionality and trustworthiness.

 

 

Independent description of the smart-contract functionality

The FractalTrade smart contract is a token that users can buy and sell it directly from the contract or DEXs like the Pancakeswap. There is a stake system for the LP token of the FIT token.

 

  1. In the staking system, users can stake and unstake anytime without any limit
  2. buy and sell of the FIT token directly from the contract takes owner fee and includes a referral system
  3. All libraries which were used for calculation and the token in the contract are standard and safe

 

 

Token Info (all information based on audit date: Tue Nov 30 2021 16:28:32 GMT+0000)

  • Total Supply: 2,000,992 FIT
  • Holders: 17 addresses
  • Total Transactions: 33
  • Name: Fractal Investment Token
  • Symbol: FIT
  • Decimals: 18
  • Contract: 0x1e933ecc8251259D473827DfeD48C19f2eD1889d
  • LP Contract: 0xF0dEE8C1eB28DC310eeBfacE7bD73F1F86251EDD

 

 

Owner/Deployer Tokens

In the first initial of the token, 2,000,000 tokens will be transferred to the owner wallet.

Owner wallet: 0xa28cb54105F31B9B504CA510b37E4A9e5b3FA81f

 

Buy & Sell

Users can buy and sell the token directly from the contract.

  • The contract mints (create) new tokens on the buy and burn on the sell
  • The minimum buy amount is 0.01 BNB
  • The initial token price in the contract is 0.001 BNB
  • The token price in the contract will increase each month by 100%
    • The increase is gradual
  • Buy increase the price by 20%
  • Sell decrease the price by 20%
  • Reinvest (buy again token with users available BNB in the contract ) increase the price by 10%
  • After selling tokens, the BNB amount will be available in contract and users can withdraw or reinvest it. (reinvest will buy token again with users available BNB)
  • The owner fee is 10%
    • 10% of the BNB amount in the buy and reinvest actions will be transferred to the owner wallet

 

Referral System

The contract pays a 13% referral commission over 6 levels on the buy and reinvest

  • Level 1:           5%
  • Level 2:           3%
  • Level 3:           2%
  • Level 4:           1%
  • Level 5:           1%
  • Level 6:           1%

Notes:

  • Referral should be an active user; it means the referral address should add at least buy once the token from the contract
  • The referrer is specified once at the time of the first buy and is assigned to the user without the possibility of changing
  • If a user has not had a valid upline, a total referral commission will be sent to the owner

 

 

Stake LP system

Users can stake LP tokens of the FIT and earn FIT tokens

  • Users can stake and unstake anytime without any limit
  • Users should add LP tokens and will receive FIT tokens as a reward
  • The reward is equal to 4x (equal to 400%) of the staked LP tokens in the FIT toke
    • It means if users stake 5 LP, they will earn 20 FIT tokens each day
  • The rate of 4x can be changed by the owner between 1 to 50
  • Users can withdraw rewards and by each stake or unstake rewards will be sent to the user wallet automatically
  • VIP bonus: users will earn more rewards with a VIP bonus
    • Each 100 LP token will increase 1% (0.01x)
    • The maximum VIP bonus is 100% (1x)
  • Hold Bonus: users will earn more rewards by do not stake or unstake their investments
    • Each day will increase 5% (0.05x)
    • The maximum hold bonus is 100% (1x)

 

Fake Turnover

There is a buy function that will be used to make fake turnover for the contract. It will be used to get a better rank in monitoring websites.