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Lwazi Project Token Review

Date Started

2021-10-13

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

Lwazi Project Token Review + Smart Contract Audit Summary

Lwazi Project started 2021-10-13 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://lwazitoken.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 Lwazi Project 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 Lwazi Project wherein they have the potential to manipulate price actions and volatility of the token Lwazi Project, 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 Lwazi Project. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools

Bscheck.eu: 0x2495A57f6F5bfebf381F8dd70B1AD19c1972b1EE

Honeypot.is: 0x2495A57f6F5bfebf381F8dd70B1AD19c1972b1EE

Lwazi Project Smart Contract Audit Details

Description:

Lwazi Project will showcase strategic buybacks for a stable economy while brining community voted utility to their portfolio of dApps.

---

Audit Details

Audited project: Lwazi Project

Deployer address: 0xe72f9F17A5F56c2fb071B25160EA1a7012ab8eeA

Client contacts: Lwazi Project team

Blockchain: Ethereum

Project website: https://lwazitoken.com/

---

Сontracts Details

Token contract details for 07.08.2021

Contract name: Lwazi Project

Contract address: 0x2495A57f6F5bfebf381F8dd70B1AD19c1972b1EE

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

Token ticker: LWAZI

Decimals: 9

Token holders: 89

Transactions count: 651

Top 100 holders dominance: 99.68%

Buyback Dev Fee: 12

Tax fee: 3

Total fees: 32132610700311028999

Uniswap V2 pair: 0xc575cb7c53830e4f83e524122ca121696c099350

Contract deployer address: 0xe72f9F17A5F56c2fb071B25160EA1a7012ab8eeA

Contract’s current owner address: 0xe72f9F17A5F56c2fb071B25160EA1a7012ab8eeA

---

Lwazi Project Token Distribution

Lwazi Project 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

No low severity issues found.

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

• Owner can change the maximum transaction amount.

• Owner can exclude from the fee.

• Owner can manually swap and send buyback dev amount.

---

Conclusion

Smart contracts do not contain high severity issues! Liquidity pair contract’s security is not checked due to out of scope.

Liquidity locking details NOT provided by the team.

---

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

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