PinkSwap Token Review
PinkSwap Token Review + Smart Contract Audit Summary
PinkSwap started 2021-06-10 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://www.pinkswap.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 PinkSwap 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 PinkSwap wherein they have the potential to manipulate price actions and volatility of the token PinkSwap, 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 PinkSwap. So Goodluck and have a safe and happy investing!
Checked using Professional Smart Contract Auditing Tools
Bscheck.eu: 0x702b3f41772e321aacCdea91e1FCEF682D21125D
Honeypot.is: 0x702b3f41772e321aacCdea91e1FCEF682D21125D
PinkSwap Smart Contract Audit Details
Description:
PinkSwap is a decentralized exchange to swap BEP-20 tokens for PinkArmy. PinkSwap uses an automated market maker (AMM) model.
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Audit Details
Audited project: PinkSwap Token
Deployer address: 0x169faCB54F3e1dD49EB61BD5F44c96EBD7156c36
Client contacts: PinkSwap Token team
Blockchain: Binance Smart Chain
Project website: https://www.pinkswap.finance
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Сontracts Details
Token contract details for 03.06.2021
Contract name: PinkSwap Token
Contract address: 0x702b3f41772e321aacCdea91e1FCEF682D21125D
Total supply: 303,072,792,905,238.222222
Token ticker: PinkS
Decimals: 18
Token holders: 1,837
Transactions count: 13,244
Top 100 holders dominance: 96.50%
Contract deployer address: 0x169faCB54F3e1dD49EB61BD5F44c96EBD7156c36
Contract’s current owner address: 0xe981676633dcf0256aa512f4923a7e8da180c595
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PinkSwap 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
No low severity issues found.
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Conclusion
Smart contracts contain owner privileges. Audited only the token of the project.
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