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PulseFeg Token Review

Date Started

2021-10-31

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

PulseFeg Token Review + Smart Contract Audit Summary

PulseFeg started 2021-10-31 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://pulsefeg.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 PulseFeg 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 PulseFeg wherein they have the potential to manipulate price actions and volatility of the token PulseFeg, 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 PulseFeg. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools

Bscheck.eu: 0x1E5Dd94A6d7190ab77f834E2cCDF9072597ae4E3

Honeypot.is: 0x1E5Dd94A6d7190ab77f834E2cCDF9072597ae4E3

PulseFeg Smart Contract Audit Details

Description:

PulseFeg a deflationary token that awards holders 1% of each transaction in rewards to holders with an upcoming 1:1 airdrop once pulsechain launches soon.

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Audit Details

Audited project: PulseFeg

Deployer address: 0xf1662adf6d4d6de9d39f44e13f19db268ff3c01d

Client contacts: PulseFeg team

Blockchain: Binance Smart Chain

Project website: https://pulsefeg.finance

---

Сontracts Details

Token contract details for 07.11.2021

Contract name: PulseFeg

Contract address: 0x1E5Dd94A6d7190ab77f834E2cCDF9072597ae4E3

Total supply: 10,000,000,000

Token ticker: PulseFeg

Decimals: 9

Token holders: 3,689

Transactions count: 12,516

Top 100 holders dominance: 79.20%

Buyback fee: 2

Marketing fee: 2

Total fees: 268479513977093787

Uniswap V2 pair: 0x370389704399e2f51173dd20f01eb02e3dd3cd00

Contract deployer address: 0xf1662adf6d4d6de9d39f44e13f19db268ff3c01d

Contract’s current owner address: 0xf1662adf6d4d6de9d39f44e13f19db268ff3c01d

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PulseFeg Token Distribution

PulseFeg 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.

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

• Owner can change tax, swap and marketing fees.

• Owner can change maximum transaction amount.

• Owner can exclude from the fee.

• Owner can change sell fees.

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

• Owner can change buybackThreshold.

• Owner can change marketing address.

• Owner can enable and disable buyBack.

• Owner can withdraw BNBs.

---

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://www.pinksale.finance/#/pinklock/record/964?chain=BSC

---

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

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