Maticsea

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Users principal deposits cannot be withdrawn, users can get dividends and referral commission.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 MATICSEA smart contract provides the opportunity to invest any amount in MATIC (from 0.05 MATIC) in the contract and get a 240% return on investment in 30 days if the contract balance has enough funds for payment.

 

5. All dividends are calculated at the moment of request and available for withdrawal at any time
5. Each subsequent Deposit is kept separately in the contract, to maintain the payment amount for each Deposit.

 

Contract Owners Fee

Invest:                       10%

Reinvest:                  6%

 

INVESTMENT PLAN

• The daily interest rate is 8%
• Each plan is 30 days and the total return is 240%
• The minimum deposit amount is 0.05 MATIC
• The minimum withdrawal amount is 0.01 MATIC
• Users can withdraw with no limit
• On each withdrawal, 20% of the dividends will be reinvested automatically and 80% will be sent to the user.
• 30% hold reinvest bonus:
  • Users will receive a 30% daily bonus on holding dividends
  • Max hold bonus is 30%
  • Users can try to use hold reinvest bonus directly or it will be applied in withdrawal too

 

Referral System (Match Bonus)

The contract pays a 13% referral commission over 5 levels

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

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.

 

Owner Privileges

• The owner is the deployer of the contract. The owner has the privilege to change the wallets that receive owner fee on invests and reinvests.