BNBCYCLE

Screenshot 2021-05-07 103502
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Conclusion:

In the BNBCYCLE Smart-Contract were found no vulnerabilities, no backdoors, and no scam scripts.

The code was tested with compatible compilers and simulate manually reviewed for all commonly known and specific vulnerabilities.

So BNBCYCLE Smart-Contract is safe for use in the Binance Smart Chain main network.

DISCLAIMER:

This audit is only to the Smart-Contract code at the specified address.

BNBCYCLE:
https://bscscan.com/address/0x30285c0A663516c491B65aEA04Fcf7098c2C60Eb#code

Haze Security is a 3rd party auditing company that works on audits based on client requests. And as a professional auditing firm, we check on the contract for any vulnerabilities, backdoors, and/or scam scripts.

 

Therefore:

 

We are not financial advisors nor do we partner with the contract owners

Operations and website administration is fully on the client’s side

We do not have influence over client operations, which can lead to website changes, withdrawal function closes, etc. One always has the option to do this through the contract.

Any concerns about the project themselves need to be raised directly to the project owners and not through Haze Security.

Investors are not in any way obliged, coerced or influenced to invest in projects audited by Haze Security.

We are not responsible for your funds or guarantee you profits.

We highly recommend that investors do their own research and gain crypto experience before investing

 

To report any scam, malpractices and irregularities, please send a message via Telegram to @Haze013 or @Sara_Solidity for blacklisting.

CRITICAL ISSUES (critical, high severity): 0

Critical and harmful access for owners, user block ability, Bugs, and vulnerabilities that enable theft of funds, lock access to funds without possibility to restore it or lead to any other loss of funds to be transferred to any party.

 

ERRORS, BUGS AND WARNINGS (medium, low severity): 1

Bugs can negatively affect the usability of a program, errors that can trigger a contract failure, Lack of necessary security precautions, other warnings for owners and users, warning codes that are valid code but the compiler thinks are suspicious.

 

OPTIMIZATION (low severity): 1

Methods to decrease the cost of transactions in Smart-Contract.

 

RECOMMENDATIONS (very low severity): 0

Hint and tips to improve contract functionality and trustworthiness.

 

 

 

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 transaction withdraw is not possible.

Note:

This comment is relevant only if a user creates an excessive number of parallel deposits (more than 100).

 

 

2- Top Referrer Reward System (medium severity).

Only owners can run the function which executes this reward system. So, it can make an opportunity to moderate the reward system and creating profit for owners. Because of the activity and access of all users to participating in these systems, it is not a critical issue just try to announce all possible vulnerabilities

 

 

 

Independent description of the smart-contract functionality

The BNBCYCLE smart contract provides the opportunity to invest any amount in BNB (from 0.05 BNB) in the contract and get 300% to 450% return on investment in 15 days if the contract balance has enough funds for payment.

 

  • Dividends are paid from deposits of users.
  • All dividends are calculated at the moment of request and available for withdrawal only once in each 12 hours
  • Each subsequent Deposit is kept separately in the contract, in order to maintain the payment amount for each Deposit.

 

Launch Date: Fri May 07 2021 14:30:00 GMT+0000

 

Contract Owners Fee

Owner Fee:             6%

Marketing Fee:      6%

Dev Fee:                   3%

 

THREE INVESTMENT PLANS

Plans Total Return Daily Profit Days Withdraw time
1 300% 20% 15 Each 12 hours
2 375% 25% 15 Each 12 hours
3 450% 30% 15 Each 12 hours

 

  • The minimum deposit amount is 0.05 BNB

 

 

 

Referral System (Match Bonus)

This contract pays a 12.5% referral commission over 5 levels

  • Level 1: 6%
  • Level 2: 3%
  • Level 3: 2%
  • Level 4: 1%
  • Level 5: 0.5%

 

Notes:

  • Referral should be an active user; it means referral address has at least one deposit
  • A 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.
  • If a user has not a referrer all referral amount transfer to owners.

 

Withdraw and Reinvest

  • Users can withdraw only once in each 12 hours
  • In each withdraw, 50% transfer to the user wallet and 50% will be reinvested automatically
  • If a user reinvests all dividends, he gets a 10% bonus on reinvest amount

 

 

 

 

Top Investors Rewards

1.5% of all deposits saved in a pool and will be rewarded to the top 8 investors each day.

Rank 1 2 3 4 5 6 7 8
reward 30% 15% 10% 10% 10% 5% 5% 5%

 

  • 10% of each pool transfer to the next day.

 

Top Referrer reward

the first users who have more than 4 direct referral and deposit more than 3 BNB, will be rewarded by 10% of the contract balance.

  • The first user who complete 4 direct referral and deposit 3 BNB
  • The reward is 10% of the contract balance
  • Only owner can activate this reward system
  • After each execution, stats reset and a new user can try and win a reward

 

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