SMARTLEND

482

2022.07.27

Disclaimer:

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Conclusion:

The SMARTLEND 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, SMARTLEND Smart-Contract is safe for use in the Binance Smart Chain 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Users' principal deposits can be withdrawn after 70 days. Users can get dividends and referral commissions. Dividends are paid from deposits of other users. Do always invest with proper knowledge and investigation.

 

Optimization suggestions

1- Loop on the dynamic variable (low severity).

If the user gets more parallel deposits, his withdrawal transaction fee will cost more transaction fees because the loop on the dynamic variable is used in the 'withdraw' function.

In case of the GAS limit of exceeding 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 SMARTLEND smart contract provides the opportunity to invest any amount in BUSD, USDT, USDC, and DAI (from 5 USD) in the contract and gets a 205% return on investment in 70 days if the contract balance has enough funds for payment.

 

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

 

Launch Date

based on the audit date (July 27, 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:                10%

Reinvest Fee:            10%

Swap Fee:                0.5%

 

INVESTMENT PLAN

Plans

Total Return

Daily Profit

Days

Withdraw

1

205%

1.5%

70

Any time

 

  • users can invest by BUSD, USDT, USDC, and DAI token
  • The minimum deposit amount is 5 USD.
  • The Investment interest will be paid in BUSD.
  • The token amount sent by the user to the contract is converted to BUSD during the deposit.
  • 1.5% profit is calculated daily for the user, which equals 105% in 70 days, and when the 70 days are over, the user can also withdraw the principal of his investment, which makes the user's total profit equal 205%.

 

Referral System (Match Bonus)

The contract pays a 7.5% referral commission over five levels

  • Level 1:             3%
  • Level 2:             2%
  • Level 3:             1%
  • Level 4:             1%
  • Level 5:          0.5%

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 percent.
  • The referral commission will be paid directly in BUSD to the user.

 

Reinvest

Users can reinvest their available dividends

  • The minimum reinvests amount is 0.05 USD.
  • A new deposit will be made by available dividends.

 

Swap System

Users can swap their BNB, BUSD, USDT, USDC, and DAI tokens using this system, and a bonus is given to the user for each swap. With each swap, a new swap deposit is created. The interest rate of this deposit is 1.5% daily, and the total interest is 205% in 70 days.

  • Users can also swap BNB to the above tokens or vice versa.
  • Only BUSD, USDT, USDC, and DAI tokens and BNB are allowed to swap.
  • New investment is made with 0.5% of the input token amount.

 

Withdraw

The withdrawal of normal investments is different from swap investments.

Normal investments:

  • withdraw ()

Swap investments:

  • claimSwapRewards ()