MATICStable

771

2022.04.03

Disclaimer:

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Conclusion:

The MATICSTABLE 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 MATICSTABLE Smart-Contract is safe for use on the Polygon 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Users' principal deposits cannot be withdrawn, users can get dividends and referral commission.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 MATICSTABLE smart contract provides the opportunity to invest any amount in MATIC (from 5 MATIC) in the contract and get a 140% return on investment between 7 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.

 

Launched Date: Mar-30-2022 08:00:39 AM +UTC

 

Contract Owners Fee

Invest Fee:               10%

 

INVESTMENT PLAN

Plans

Total Return

Daily Profit

Days

Withdraw time

1

140%

20%

7

Any Time

 

  • The minimum deposit amount is 5 MATIC
  • The maximum deposit amount is 100,000 MATIC

 

Withdraw Rules and Bonus

  • In each withdrawal, 85% send to the user's wallet and 15% will be set as a bonus
  • The bonus will be added to the deposit amount of the next deposit
    • The deposit amount should be equal to or greater than the previous one

 

Referral System (Match Bonus)

The contract pays a 10% referral commission over 3 levels

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

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.
  • If a user hasn’t a valid referrer, the total referral commission send to the owner's wallet