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VeldoraBSC Token Review

VeldoraBSC

Date Started
2021-11-01
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




VeldoraBSC Token Review + Smart Contract Audit Summary



VeldoraBSC started 2021-11-01 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 http://VeldoraBSC.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 VeldoraBSC 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 VeldoraBSC wherein they have the potential to manipulate price actions and volatility of the token VeldoraBSC, 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 VeldoraBSC. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools



Bscheck.eu: 0x3a5FcCBdcc2684be588575f063acbA78e09AAD4a


Honeypot.is: 0x3a5FcCBdcc2684be588575f063acbA78e09AAD4a




VeldoraBSC Smart Contract Audit Details



Description:

VeldoraBSC is an Anime Utility token that aim's to promote the widely held love of Anime through their custom NFTs, and marketplace.

 

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Audit Details

 

Audited project: VeldoraBSC

Deployer address: 0xda58947125dd67f0097cD290d25f8131bCD6bCF9

Client contacts: VeldoraBSC team

Blockchain: Binance Smart Chain

Project website: http://VeldoraBSC.com

 

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Сontracts Details

 

Token contract details for 07.11.2021

Contract name: VeldoraBSC

Contract address: 0x3a5FcCBdcc2684be588575f063acbA78e09AAD4a

Total supply: 1,000,000,000,000,000

Token ticker: VDORA

Decimals: 9

Token holders: 392

Transactions count: 5,065

Top 100 holders dominance: 96.84%

Burn fee: 1

Liquidity fee: 1

Marketing fee: 5

Tax fee: 4

Uniswap V2 pair: 0x4c920C730D552EE50c9606FBff002BC3081c49fc

Contract deployer address: 0xda58947125dd67f0097cD290d25f8131bCD6bCF9

Contract’s current owner address: 0xda58947125dd67f0097cD290d25f8131bCD6bCF9

 

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VeldoraBSC Token Distribution

 

VeldoraBSC 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 lock and unlock. By the way, using these functions the mowner could leave as owner even after the ownership was renounced.

• Owner can include in and exclude from reward.

• Owner can include in and exclude from fee.

• Owner can change marketing wallet address.

• Owner can change the tax, liquidity, marketing and burn fees.

• Owner can change the maximum transaction amount.

• Owner can change numTokensSellToAddToLiquidity value.

• Owner can enable / disable swap and liquify.

• Owner can add / remove liquidity provider addresses.

• Owner can change purchase limits.

• Owner can add / remove sniper addresses.

• Owner can change snipeBlockAmount value.

 

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Conclusion

Smart contracts contain low severity issues and owner privileges!

Liquidity pair contract’s security is not checked due to out of scope.

Liquidity locking details provided by the team: https://www.pinksale.finance/#/pinklock/record/1014?chain=BSC

 

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

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