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SHELBY Token Review

SHELBY

Date Started
2021-11-07
Active
Yes
Honeypot?
Possible
Smart Contract Code Structure
Obscure
Ownership Renounced?
No
Whales Spotted?
Yes
Over-all Ratings
Bad
Conclusion
High Risk of getting RUG-PULLED




SHELBY Token Review + Smart Contract Audit Summary



SHELBY started 2021-11-07 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.shelbytoken.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 SHELBY 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 SHELBY wherein they have the potential to manipulate price actions and volatility of the token SHELBY, 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 SHELBY. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools



Bscheck.eu: 0xc95278Cd6e51bc2e1E30CF660E82819d296152D9


Honeypot.is: 0xc95278Cd6e51bc2e1E30CF660E82819d296152D9




SHELBY Smart Contract Audit Details



Description:

The goal of the Shelby Token is to be a reference utility crypto-currency used for the world of arcade games and entertainment fans.

 

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Audit Details

 

Audited project: SHELBY Token

Deployer address: 0xcaf28025150577f3bf8719f45399c4af2d88c94b

Client contacts: SHELBY Token team

Blockchain: Binance Smart Chain

Project website: https://www.shelbytoken.io

 

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Сontracts Details

 

Token contract details for 10.11.2021

Contract name: SHELBY Token

Contract address: 0xc95278Cd6e51bc2e1E30CF660E82819d296152D9

Total supply: 1,000,000,000

Token ticker: SBY

Decimals: 18

Token holders: 2,211

Transactions count: 18,727

Top 100 holders dominance: 86.51%

Dividend tracker: 0x959e876d19e3f3bd55f262a16213a33a9f65cbd1

Total fees: 15

Rewards fee: 5

Uniswap V2 pair: 0xa7cb9729c0152c8107f8821045b84b67c9c647ea

Contract deployer address: 0xcaf28025150577f3bf8719f45399c4af2d88c94b

Contract’s current owner address: 0xcaf28025150577f3bf8719f45399c4af2d88c94b

 

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SHELBY Token Token Distribution

 

SHELBY Token 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 excludeMultipleAccountsFromFees() uses the loop to exclude multiple accounts from fees. Function will be aborted with OUT_OF_GAS exception if there will be a long addresses list.

 

Recommendation:

Be careful about accounts array length.

 

Notes:

• Owner can change dividend tracker to not audited and some functions may work in different ways.

 

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

• Owner can change dividend tracker.

• Owner can change Uniswap router address.

• Owner can exclude from the fees.

• Owner can exclude and include addresses in automatedMarketMakerPairs array.

• Owner can change rewards, marketing, liquidity fee.

• Owner can blacklist addresses.

• Owner can open trading.

• Owner can change gas for processing.

• Owner can update claimWait value.

• Owner can change marketing wallet.

• Owner can exclude from dividends.

 

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Conclusion

Smart contracts contain low severity issues! Liquidity pair contract’s security is not checked due to out of scope. The further transfers and operations with the funds raise are not related to this particular contract.

Liquidity locking details provided by the team: https://mudra.website/?certificate=yes&type=0&lp=0xa7cb9729c0152c8107f8821045b84b67c9c647ea

 

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

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