190
2022.05.25
The MOUNTAINMINERUSDC Smart-Contract 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, MOUNTAINMINERUSDC Smart-Contract is safe for use in the Avalanche C-Chain main network.
CRITICAL ISSUES |
(Critical, high severity) |
0 |
HIGH ISSUES |
(High, medium severity) |
2 |
ERRORS, WARNINGS |
(Medium, low severity) |
0 |
OPTIMIZATION |
(Low severity) |
0 |
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Users' principal deposits cannot be withdrawn, users can get dividends and referral commission.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.
owner privileges
The owner has several permissions that can change the way the project progresses.
Independent description of the smart-contract functionality
The MOUNTAINMINERUSDC smart contract provides the opportunity to invest any amount of USDC (from 1 USDC) in the contract and get daily profit on investment if the contract balance has enough funds for payment.
Launch Date:
based on the audit date (May 25, 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
Deposit (buySpaceShuttles) Fee: 3%
Withdraw (sellOres) Fee: 3%
INVESTMENT PLAN
The basic interest rate based on the audit date is 4.66% daily.
Contract balance affects the daily rate:
level |
Daily rate |
Contract balance (X) |
1 |
4.70% |
X < 50,000 USDC |
2 |
5.13% |
50,000 USDC ≤ X < 100,000 USDC |
3 |
5.65% |
100,000 USDC ≤ X < 500,000 USDC |
4 |
6.16% |
500,000 USDC ≤ X < 1,000,000 USDC |
5 |
6.77% |
1,000,000 USDC ≤ X < 5,000,000 USDC |
6 |
7.13% |
5,000,000 USDC ≤ X |
Deposit (buy Space Shuttles)
Users can buy miners by USDC token. Miner price will be calculated at the time of deposit.
Miner Price Formula: Deposit amount / (Deposit amount + Contract Balance) * Market Ores
Miners will produce Ores and users can sell Ores to earn a profit.
Market Ores
It is an amount that will be defined in the initial of the contract and will be changed by deposit, withdrawal and compound.
Withdraw (SellOres)
Users can sell Ores produced by the miners.
Withdraw amount (USDC) Formula: user Ores / (user Ores + Market Ores) * Contract Balance
Withdraw Rules:
User Ores: each miner will produce one Ores each second
Compound (buy More Space Shuttles)
Users can compound their available Ores and buy more miners.
Referral System (Match Bonus)
The contract pays a 3% referral commission over one level.