RoastBeefMatic

CRITICAL ISSUES	(Critical, high severity)	0
HIGH ISSUES	(High, medium severity)	1
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Users' principal deposits cannot be withdrawn, users can get dividends and referral commission.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.

 

Independent description of the smart-contract functionality

The ROASTBEEFMATIC smart contract provides the opportunity to invest any amount in MATIC in the contract and get daily profit on investment if the contract balance has enough funds for payment.

• All dividends are calculated at the moment of request and available for withdrawal anytime

 

Launch Date

based on the audit date (May 01, 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 (BuyEggs) Fee:                 3%

Withdraw (SellEggs) Fee:              3%

 

INVESTMENT PLAN

The basic interest rate based on the audit date is 9.31% daily.

• The daily rate will be changed based on the deposit and withdrawal of the other users.

 

Deposit (Buy Miner)

Users can buy miners by MATIC token. Miner price will be calculated at the time of deposit.

Miner Price Formula: Deposit amount / (Deposit amount + Contract Balance) * Market Eggs

Miners will produce eggs and users can sell eggs to earn a profit.

Miners will work forever and users can withdraw profit until the contract has enough balance.

 

Market Eggs

It is an amount that will be defined in the initial of the contract and will be changed by deposit, withdrawal and compound.

• The initial amount is: 86,400,000,000
• 20% of each deposit or compound will be added to “Market Eggs”
• The withdrawal amount will be added to “Market Eggs”
• An increase in the “Market Eggs” will reduce the daily rate and increase sustainability

 

 

Withdraw (Sell Eggs)

Users can sell eggs produced by the miners.

19.4% of the withdrawal amount will be automatically compounded, and the owner fee paid twice, once 3% of the whole withdrawal amount and once 3% of the auto compound amount and finally, 77.6% will be paid to the user.

Withdraw amount (MATIC) Formula: user eggs / (user eggs + Market Eggs) * Contract Balance

 

User eggs: each miner will produce one egg each second

• Miners produce eggs maximum of 10 days. users should try to withdraw or compound their produced eggs. After withdrawal or compound, miners will start working again.
• Users can withdraw or compound many times without any limit

 

Compound (hatch Eggs)

Users can compound their available eggs and buy more miners.

• Miner price will be calculated based on the mentioned formula in the deposit section and real-time numbers of market eggs and contract balance

 

Referral System (Match Bonus)

The contract pays a 13% referral commission over one level.

• The commission is 13% of the referral deposit or compound eggs
• The commission will be paid as eggs that users can withdraw or compound it
• Users can not use their wallet as a referral for themselves
• If a user does not have a valid upline, the owner will be set as the referrer