Overral
Trustworthy
Fees
Backdoors
Audit
Summary
Safeminer is a fork of two different projects that are very successful and have been unified into a single website that allows BNB staking in several different plans such as Fame of Fortune and BUSD such as BUSDMachineV3, in the latter instead of premining 50k tokens like the original they preminate 25k.
The contract has been thoroughly reviewed and no backdoor or hidden exploit has been found in it.
In addition, there is no malicious code that allows the owner or another person to withdraw all funds from the smart contract.
This contract is considered safe to invest, you have several options to invest, with the consequent disclaimer that it is a high risk investment.
This is an application that depends on the deposit of new investors, if the contract reaches $0 investors will not be paid.
Contract Details
The project has two different contracts as mentioned in the summary. Both are deployed in the BSC network.
The SafeBUSDminer smart contract is 0x18171064c81bb50e993995f51b5463e889183aa9:
Chain : BSC
Token : BUSD
Native Token : SBUSD
Total Supply: 1,000,000 SBUSD
ROI Percent : 1.5% on BUSD Staked, 2.5% on SBUSD Staked.
Referral Percentage : 2% to the referrer (not modifiable by owner).
SafeBNBminer smart contract is 0x23d4054608748ff40933eec72852e37c65d402b0.
The contract offers three types of plans:
- Plan 1: min. 0.1 BNB, max. of 50 BNB
2% daily return
expires after 200 days
full offer 400% Return - Plan 2: min. 0.2 BNB, max. of 45 BNB
1.50% daily return
expires after 150 days
full offer 225% Return - Plan 3: min. 0.2 BNB, max. of 40 BNB
1.50% daily return
expires after 90 days
full offer 135% Return
Referral Percentage : 1 Level, 2% (modifiable by owner).
You need to claim every 5 to 7 days, 5 days cooldown and 7 days max reward accumulation.
Every 5-7 days max must withdraw and decide upon yourself to keep or deposit back (like a compound) but the contract will still have the 50% there to withdraw from while the other 50% is being used in syrup pools to earn the 2 % needed.
LIBRARY ‘SAFEMATH’ is included: Public library that has functions to avoid errors in the mathematical operations of the contract. (it is not editable for the benefit of the owner or other people).
Owner Functions
The BNB version contract has several functions that only the owner can modify to handle the following variables starting at 0:
PERCENTAGE_BONUS_STARTTIME
PERCENTAGE_BONUS_PLAN_1
PERCENTAGE_BONUS_PLAN_2
PERCENTAGE_BONUS_PLAN_3
PERCENTAGE_BONUS_PLAN_4
Otherwise, the contracts do not present any visible or hidden function that allows you to extract money from them.
SafeBNBminer plans are very close to 0% ponzi because 50% of deposits are placed in syrup pools and defi pools to generate income which is reinjected into the contract again, this is up to the owner.
Backdoors
There are no back doors in these contracts that anyone (including the owner) can use to their advantage.
Code Complexity
Extensive fork contracts with complex functions but very well structured with many functions configurable by the owner.
Fees
BUSD Contract:
- Deposit: 10% on BUSD, 0% on SBUSD (not modifiable by owner).
- 2% DEV_1 Wallet
- 2% OFF_1 Wallet
- 2% ADM_1 Wallet
- 2% VID_1 Wallet
- 2% MAR_1 Wallet
These last 3 wallets are the same.
- Withdrawal: 0% (not modifiable by the owner).
BNB Contract:
- Deposit: 8% (changeable by the owner)
- Withdrawal: 0% ( changeable by the owner )
- In addition to the fees, 50% of the invested amount is sent to the development wallet for remortgaging as indicated in our ‘Owner Functions’ section.
Team Trust
There are no previous projects by the team but its Telegram community is forming and growing.
It is understood that they are very stable and reliable project fork contracts today, which allows having certain functions that can be modified by the owner.
However, in the case of SafeMiner, the owner is not known enough, so it is a high-risk investment, like any other, until it is proven that the project is reliable.
Disclaimer
The objective of this audit is to find any problems and vulnerabilities in the security of this smart contract.
This audit has been carried out by a single person from the 100audits.com team.
You have to understand that we don’t know what the developers of the project will do.
Remember, invest only what you can afford to lose.