BeWhale Token Review
BeWhale Token Review + Smart Contract Audit Summary
BeWhale started 2021-08-31 and it's currently active, based on the in-depth smart contract audit from different sources and upon checking it's website and other instances like the developers behind this project we can obviously tell based on it's over-all ratings which is Bad and has a HUGE RISK of getting RUG-PULLED.
The basis of our audit came from different areas like how professionally done was their website, their roadmap if it is being followed diligently, social media pages, mission and vision as well as their whitepaper that you can find on their website https://bewhale.finance, also we use verified and well established auditing tools like honeypot.is wherein this NFT was found out that it is a POSSIBLE honeypot trap wherein the smart contract dictates that you can buy but you cannot sell it in the future, although at some point there are others sneaky developers that enable the "selling" feature but after some time they disable it once lots of investors already dive-in.
We have a way of detecting that kind of trick and for this token BeWhale we can absolutely tell that it has a high possibility of being a honeypot trap, our basis lies on their Smart Contract Code Structure which is OBSCURE and contains malicious codes in nature, only scammers with unreadable and obscure codes have had the bad intentions to do something fishy in the long run, another thing to take note is if the ownership of the token is either renounced or not, for this token, the answer is No.
Another basis we are considering if a token is risky of getting rug pulled is if there are whales spotted on the holders, whales refers to those individuals or entities that hold large shares or percentage of the token BeWhale wherein they have the potential to manipulate price actions and volatility of the token BeWhale, so for this token the answer is Yes it has whales.
Therefore we conlude that this token has a High Risk of getting RUG-PULLED in the future, this is not a financial advise, it's always up to you to invest or not on this token, we are here only to give our insights based on the evidences and calculations we made on the smart contract of BeWhale. So Goodluck and have a safe and happy investing!
Checked using Professional Smart Contract Auditing Tools
Bscheck.eu: 0xD72d34903e15D339927c72Ba04aE587eB861578D
Honeypot.is: 0xD72d34903e15D339927c72Ba04aE587eB861578D
BeWhale Smart Contract Audit Details
Description:
Facilitates a transparent and open way of management by connecting investors to real assets.
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Audit Details
Audited project: BeWhale
Deployer address: 0x431962c74291ef34c146650d8e326e418a585ecf
Client contacts: BeWhale team
Blockchain: Binance Smart Chain
Project website: https://bewhale.finance
https://bewhale.exchange
https://bewhaleswap.finance
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Сontracts Details
Token contract details for 16.11.2021
Contract name: BeWhale
Contract address: 0xD72d34903e15D339927c72Ba04aE587eB861578D
Total supply: 100,000,000
Token ticker: Wale
Decimals: 9
Token holders: 571
Transactions count: 621
Top 100 holders dominance: 82.34%
Liquidity fee: 8
Tax fee: 2
Total fees: 202000000000000
Uniswap V2 pair: 0x25b101e17ca4ed4fdea9c1f08a26e31b2f31b015
Contract deployer address: 0x431962c74291ef34c146650d8e326e418a585ecf
Contract’s current owner address: 0xa32d16429dbe975e27b0dbbf64fe27bd2c988fe2
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BeWhale Token Distribution
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Issues Checking Status
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Security Issues
High Severity Issues
No high severity issues found.
Medium Severity Issues
No medium severity issues found.
Low Severity Issues
1. Out of gas
Issue:
• The function includeInReward() uses the loop to find and remove addresses from the _excluded list. Function will be aborted with OUT_OF_GAS exception if there will be a long excluded addresses list.
• The function _getCurrentSupply also uses the loop for evaluating total supply. It also could be aborted with OUT_OF_GAS exception if there will be a long excluded addresses list.
Recommendation:
Check that the excluded array length is not too big.
Owner privileges (In the period when the owner is not renounced)
• Owner can change the tax and liquidity fee.
• Owner can change the maximum transaction amount.
• Owner can exclude from the fee.
• Owner can withdraw BNBs to marketing address.
• Owner can set addresses as devs.
• Owner can change marketing and locked liquidity address.
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Conclusion
Smart contracts contain low severity issues! Liquidity pair contract’s security is not checked due to out of scope.
Liquidity locking details provided by the team: https://dxsale.app/app/v3/defipresale?saleID=1500&chain=BSC
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