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FarmerDoge Token Review

Date Started

2021-11-05

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

FarmerDoge Token Review + Smart Contract Audit Summary

FarmerDoge started 2021-11-05 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.farmerdoge.net/, 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 FarmerDoge 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 FarmerDoge wherein they have the potential to manipulate price actions and volatility of the token FarmerDoge, 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 FarmerDoge. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools

Bscheck.eu: 0x54D625B45BCb1326F64cE79FAc313f4D8f47ae24

Honeypot.is: 0x54D625B45BCb1326F64cE79FAc313f4D8f47ae24

FarmerDoge Smart Contract Audit Details

Description:

Farmer Doge is the first multi-dividend coin on the BSC. He will build your portfolio with exciting investments that will grow while you hold.

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Audit Details

Audited project: FarmerDoge (Launch Day)

Deployer address: 0x967D716F672CeAC898647A3f27dBd224F3238520

Client contacts: FarmerDoge (Launch Day)team

Blockchain: Binance Smart Chain

Project website: https://www.farmerdoge.net/

---

Сontracts Details

Token contract details for 02.11.2021

Contract name: FarmerDoge (Launch Day)

Contract address: 0x54D625B45BCb1326F64cE79FAc313f4D8f47ae24

Total supply: 10,000,000,000

Token ticker: CROP

Decimals: 9

Token holders: 174

Transactions count: 2,326

Top 100 holders dominance: 98.67%

Liquidity fee: 1000

Buyback fee: 0

Reflection fee: 500

Marketing fee: 500

Uniswap V2 pair: 0x9C5082F5f450A4CD0FED93E5120A37DD872F642D

Contract deployer address: 0x967D716F672CeAC898647A3f27dBd224F3238520

Contract’s current owner address: 0x967D716F672CeAC898647A3f27dBd224F3238520

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FarmerDoge (Launch Day) Token Distribution

FarmerDoge (Launch Day) Token Distribution

---

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 airdrop() uses the loop to distribute amounts to multiple accounts. Function will be aborted with OUT_OF_GAS exception if there will be a long addresses list.

Recommendation:

Be careful about addresses array length.

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

• Owner can change name and symbol.

• Owner can airdrop.

• Owner can setup reflect token.

• Owner can change discount token.

• Owner can trigger manual buyBack.

• Owner can manual purchase token.

• Owner can clear buyBack multiplier.

• Owner can change autoBuyBack settings.

• Owner can change transaction token amount limit.

• Owner can change reflect token.

• Owner can change maximum token amount per wallet.

• Owner can change sell, dump and discount multipliers.

• Owner can include in and exclude from fees.

• Owner can include in and exclude from dividends.

• Owner can include in and exclude from transaction limit.

• Owner can change liquidity, buyBack, reflection and marketing fees.

• Owner can change fee receivers.

• Owner can change swapBack settings.

• Owner can change target liquidity.

• Owner can change distribution criteria.

• Owner can change distribution GAS limit.

---

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://dxsale.app/app/v2_9/dxlockview?id=0&add=0x967D716F672CeAC898647A3f27dBd224F3238520&type=lplock&chain=BSC

---

Source: https://github.com/TechRate/Smart-Contract-Audits/blob/main/November/FarmerDoge%20(Launch%20Day)%20Full%20Smart%20Contract%20Security%20Audit.pdf

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