FTMStake

1694

2022.03.25

Disclaimer:

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Conclusion:

The FTMSTAKE 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 FTMSTAKE Smart-Contract is safe for use on the Fantom 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 as 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Users' principal deposits cannot be withdrawn, users can get dividends and referral commission.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 FTMSTAKE smart contract provides the opportunity to invest any amount in FTM (from 10 FTM) in the contract and get a 112% to 292% return on investment between 14 to 28 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 after the deposit finished time based on plans
  • Each subsequent Deposit is kept separately in the contract, to maintain the payment amount for each Deposit.

 

Launch Date: Thu Mar 25 2022 16:00:00 GMT+0000

 

Contract Owners Fee

Project Fee:   10%

 

SIX INVESTMENT PLANS

Plans

Total Return

Daily Profit

Days

Withdraw time

1

112%

8%

14

Any Time

2

136%

6.47%

21

Any Time

3

140%

5%

28

Any Time

4

193%

13.71%

14

End of Plan

5

275%

13.1%

21

End of Plan

6

292%

10.42%

28

End of Plan

 

  • The minimum deposit amount is 10 FTM
  • After the launch of the project, “Daily profit” will increase 0.5% every day for new deposits


Referral System (Match Bonus)

The contract pays an 8% referral commission over 3 levels

  • Level 1:          5%
  • Level 2:          2.5%
  • Level 3:          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.

 

Extra Referral Bonus

The owner has the privilege to activate the “Extra Bonus” system for some of the users

  • Users will receive 5% more referral commission on their direct referrals
  • The owner can activate and deactivate the “Extra Bonus” system for each user