MATICSeed

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Users' principal deposits cannot be withdrawn, users can get dividends and referral commission.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 MATICSEED smart contract provides the opportunity to invest any amount in MATIC (from 5 MATIC) in the contract and get a 315% to 18000% return on investment between 90 to 10000 days if the contract balance has enough funds for payment.

 

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

 

Launch Date
based on the audit date (June 03, 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

Invest Fee:               8%

 

 

INVESTMENT PLAN

Plans	Total Return	Daily Profit	Days	Withdraw
1	18,000%	1.8%	10000	anytime
2	500%	2.5%	200	anytime
3	315%	3.5%	90	anytime

 

• The minimum deposit amount is 5 MATIC

Referral System (Match Bonus)

The contract pays a 16% referral commission over 10 level

• Level 1:              8%
• Level 2:              3%
• Level 3:              2%
• Level 4:              1%
• Level 5:            0.5%
• Level 6:            0.5%
• Level 7:          0.25%
• Level 8:          0.25%
• Level 9:          0.25%
• Level 10:        0.25%

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.

 

Seed System

The contract pays share of downline dividends to the upline in 10 levels

• Level 1:                      5%
• Level 2:                      4%
• Level 3:                      3%
• Level 4:                      2%
• Level 5:                      1%
• Level 6:                    0.5%
• Level 7:                   0.25%
• Level 8:                   0.15%
• Level 9:                     0.1%
• Level 10:                    0.1%