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WEX Token Review

Date Started

2021-10-26

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

WEX Token Review + Smart Contract Audit Summary

WEX started 2021-10-26 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 (Sorry, but the Token doesn't have a website yet), 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 WEX 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 WEX wherein they have the potential to manipulate price actions and volatility of the token WEX, 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 WEX. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools

Bscheck.eu: 0x09BB6042A19BB3A6981e9a47EC0f006dBd28a8d1

Honeypot.is: 0x09BB6042A19BB3A6981e9a47EC0f006dBd28a8d1

WEX Smart Contract Audit Details

Description:

The first Automatic Liquidity Acquisition and FIXED Yield Farm & AMM on #BSC With Anti Whale Mechanism and #NFT Marketplace.

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Audit Details

Audited project: WEX

Deployer address: 0x5207843600db13e69397e48eb104e1f4444ce71a0x6e557bba2370b2f9ba2b06e8aa9d3019cc40deb9

Client contacts: WEX team

Blockchain: Binance Smart Chain

Project website: Not provided

---

Сontracts Details

WEDEX TOKEN V2 contract details for 26.10.2021

Contract name: Wedex

Contract address: 0x09BB6042A19BB3A6981e9a47EC0f006dBd28a8d1

Total supply: 650,000

Token ticker: DEX

Decimals: 18

Token holders: 7

Transactions count: 18

Top 100 holders dominance: 100.00%

Contract deployer address: 0x5207843600db13e69397e48eb104e1f4444ce71a

Contract’s current owner address: 0x5207843600db13e69397e48eb104e1f4444ce71a

---

WEX Token Distribution

WEX 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 high severity issues found.

Low Severity Issues

1. Block gas limit

Issue:

add(uint256 _allocPoint, …), set(uint256 _pid, …) could invoke massUpdatePools() function, that can fail due to block gas limit if the pool size is too big.

Issue:

Migration() function that can fail due to block gas limit if the referrer’s array size is too big.

2. add function issue

Issue:

If some LP token is added to the contract twice using function add, then the total amount of reward in function updatePool will be incorrect.

Recommendation:

Add the mapping from address to bool and check that same address will not be added twice.

Notes:

• There is sending tokens to the dead address in overridden _transfer functions, instead of burning them in token contract.

• WedexChef has transfer and deposit fee.

• burnBunny function has only external access modifier.

Owner privileges:

• WEXReferral:

• Owner can add/remove addresses in blacklist.

• Owner can remove referrers.

• Owner can change wexProfile.

• Owner can change vipRequirement.

• Owner can change operator of the contract.

• Owner can drain tokens that are sent to the referral contract which is useful for withdrawing tokens sent by mistake to the contract.

• Owner can change the operator of the referral contract.

• Operator can migrate.

• Operator can change referral commission rate.

• Operator can add/remove total funds.

• Operator can change maximumLoop.

• Operator can change total funds.

• WexNFT:

• Owner can mint any amount of token.

• Owner can burn.

• Owner can change bunnyNames.

• WedexChef:

• Owner can change newChefAddress.

• Owner can enable/disable isMigrating value.

• Owner can change referDepth and referralCommissionTier.

• Owner can change wexLPAddress and pancakeRouterV2.

• Owner can change busdAddress and wedexReferral.

• Owner can enable/disable emergencyLockingWithdrawEnable value.

• Wedex:

• Owner and Minter can mint any amounts of tokens.

• Owner can blacklists/whitelist addresses.

• Owner can change busdAddress.

• Owner can change expectedPrice and alowanceDiff values.

• Owner can add/remove minters.

• PancakeProfile:

• Owner can add NFT addresses.

• Owner can withdraw cake token.

• Owner can change cake number to register, update and reactivate.

• Owner can change cake token address.

• NFTFactoryV6:

• Owner can change wedexReferral contract.

• Owner can change ownership of pancakeBunnies.

• Owner can withdraw cake token.

• Owner can change tierCommisionrate and referDepth.

• Owner can change and burn Bunny’s.

• Owner can change bunny price.

• Owner can change start and end block numbers.

• Owner can change cake token address.

---

Conclusion

Smart contracts contain low severity issues and owner privileges. 10% of rewards also adds to devAddress. The further transfers and operations with the funds raise are not related to this particular contract.

---

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

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Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine