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Cheecoin Token Review

Date Started

2021-05-07

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

Cheecoin Token Review + Smart Contract Audit Summary

Cheecoin started 2021-05-07 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://cheecoin.com/, 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 Cheecoin 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 Cheecoin wherein they have the potential to manipulate price actions and volatility of the token Cheecoin, 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 Cheecoin. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools

Bscheck.eu: 0x93e24685e41ca82fd7a66a69c64f3decac789281

Honeypot.is: 0x93e24685e41ca82fd7a66a69c64f3decac789281

Cheecoin Smart Contract Audit Details

Description:

Cheecoin is the first Hollywood NFT ecosystem that also donates and supports pet rescues and vet bills for injured and feral animals.

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Audit details:

Audited project: Cheecoin

Deployer address: 0x9813e889c2d3a723ca67906b031ae41e002eaeca

Client contacts: Cheecoin team

Blockchain: Binance Smart Chain

Project website: Not provided

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Contracts details:

Token contract details for 10.05.2021.

Contract name: Cheecoin

Contract address: 0x93e24685e41ca82fd7a66a69c64f3decac789281

Total supply: 100000000000000000

Token ticker: CHEE

Decimals: 9

Token holders: 2162

Transactions count: 8573

Top 100 holders dominance: 81.37 %

Liquidity fee: 3

Tax fee: 3

Total fees: 3359868281858748

Pancake pair: 0x64ca506e65abf41f8d28460ebe9e7f163a74b18a

Contract deployer address: 0x9813e889c2d3a723ca67906b031ae41e002eaeca

Contract’s current owner address: 0x9813e889c2d3a723ca67906b031ae41e002eaeca

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Cheecoin token distribution

Cheecoin token distribution

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Issues Checking Status

Cheecoin

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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. The 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 the OUT_OF_GAS exception if there will be a long excluded addresses list.

Recommendation:

Use EnumerableSet instead of an array or do not use long arrays.

Owner privileges

❏ Owner can change the tax, charity, and liquidity fee.

❏ Owner can change the charity address.

❏ Owner can change the sell cap minimum, sell cap percent and sell cap enabled status.

❏ Owner can change the maximum transaction amount.

❏ Owner can exclude from the fee.

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Conclusion

Smart contracts contain low severity issues and owner privileges! The liquidity pair contract’s security is not checked due to being out of scope. Liquidity is added to the owner's wallet and should be locked by the owner. No liquidity locking details were provided by the team or found on DXSale /Unicrypt.

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

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면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.