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MultiStarter Token Review

Date Started

2021-12-21

Active

Yes

Honeypot?

Possible

Smart Contract Code Structure

Obscure

Ownership Renounced?

Whales Spotted?

Yes

Over-all Ratings

Bad

Conclusion

High Risk of getting RUG-PULLED

MultiStarter Token Review + Smart Contract Audit Summary

MultiStarter started 2021-12-21 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 http://multistarter.io/, 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 MultiStarter 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 MultiStarter wherein they have the potential to manipulate price actions and volatility of the token MultiStarter, 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 MultiStarter. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools

Bscheck.eu: 0xF5e1cd8DeC07F21588B6225e75bf77d0B416bfb4

Honeypot.is: 0xF5e1cd8DeC07F21588B6225e75bf77d0B416bfb4

MultiStarter Smart Contract Audit Details

Description

MultiStarter is the goto multi-chain launchpad for Token/NFT launches on any chain.

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Audit Details

Audited project: MultiStarter

Deployer address: 0x264f4acf95625b5d64ac38c09306bf29e444117f

Client contacts: MultiStarter team

Blockchain: Binance Smart Chain

Project website: http://multistarter.io/

---

Сontracts Details

Token contract details for 22.12.2021

Contract name: MultiStarter

Contract address: 0xF5e1cd8DeC07F21588B6225e75bf77d0B416bfb4

Total supply: 100,000,000

Token ticker: MSTART

Decimals: 9

Token holders: 1

Transactions count: 1

Top 100 holders dominance: 100.00%

Liquidity fee: 0

Reflection fee: 0

Marketing fee: 0

Uniswap V2 pair: 0x0000000000000000000000000000000000000000

Contract deployer address: 0x264f4acf95625b5d64ac38c09306bf29e444117f

Contract’s current owner address: 0x264f4acf95625b5d64ac38c09306bf29e444117f

---

MultiStarter Token Distribution

MultiStarter Token Distribution

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Issues Checking Status

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.

• The function s_manageBlacklist() uses the loop for blacklist addresses. It also could be aborted with OUT_OF_GAS exception if there will be a long addresses list.

• The function s_excludeFromFee() uses the loop for excluding addresses from the fee. It also could be aborted with OUT_OF_GAS exception if there will be a long addresses list.

• The function s_manageWhitelist() uses the loop for whitelisting addresses. It also could be aborted with OUT_OF_GAS exception if there will be a long addresses list.

• The function s_manageExcludeFromFee() uses the loop for excluding addresses from the fee. It also could be aborted with OUT_OF_GAS exception if there will be a long addresses list.

Recommendation:

Check that the array length is not too big.

Notes:

• _transfer function has required _fees_to_bnb with static values calling.

Owner privileges (In the period when the owner is not renounced)

• Owner can change marketing, buyback and burn wallets.

• Owner can change trading status.

• Owner can change number of tokens to sell to add to liquidity.

• Owner can change maximum transaction amount and maximum wallet token.

• Owner can change cooldown settings.

• Owner can change pair address.

• Owner can manually swap and liquify.

• Owner can manually call _fees_to_bnb function with wrapper.

• Owner can change sell multiplier.

• Owner can change fees, fee limits and fee minimum balances.

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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 NOT provided by the team.

---

Source: https://github.com/TechRate/Smart-Contract-Audits/blob/main/December/MultiStarter%20Full%20Smart%20Contract%20Security%20Audit.pdf

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