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Portfolio Token Review

Portfolio

Date Started
2021-06-03
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




Portfolio Token Review + Smart Contract Audit Summary



Portfolio started 2021-06-03 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.portfoliotoken.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 Portfolio 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 Portfolio wherein they have the potential to manipulate price actions and volatility of the token Portfolio, 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 Portfolio. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools



Bscheck.eu: 0x307204863f3bc29D1a874E38aCe62114a8990c4e


Honeypot.is: 0x307204863f3bc29D1a874E38aCe62114a8990c4e




Portfolio Smart Contract Audit Details



Description

Portfolio Token is investment token that buys assets and pays profits back to its holders!

 

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Audit Details

 

Audited project: Portfolio

Deployer address: 0xD18556Ba82Ff80E05eBCB4C3E8F868dcAa3Dc128

Client contacts: Portfolio team

Blockchain: Binance Smart Chain

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

 

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Сontracts Details

 

Token contract details for 22.11.2021

Contract name: Portfolio

Contract address: 0x307204863f3bc29D1a874E38aCe62114a8990c4e

Total supply: 775,000,000,000,000

Token ticker: PTF

Decimals: 9

Token holders: 1,197

Transactions count: 11,171

Top 100 holders dominance: 116.39%

Total fees: 146,685,533,661,360.921239735

Contract deployer address: 0xD18556Ba82Ff80E05eBCB4C3E8F868dcAa3Dc128

Contract’s current owner address: 0x3bada0E783ED10FAa7Dd42DA84A288fbb3CD4C1d

 

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Portfolio Token Distribution

 

Portfolio Token Distribution

 

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Issues Checking Status

 

Issues Checking Status

 

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Security Issues

 

 High Severity Issues

1. Reward fee

Issue:

• Charity fee is subtracted from _rTotal value in _reflectFee() function. Also, exactly this fee amount goes to charity address.

Recommendation:

Please recheck logic of charity fee and keep only one way of taking it – would it be reflecting or it would go to charity address. Otherwise, reflection rate would be wrong.

 

 Medium Severity Issues

 No medium severity issues found.

 

 Low Severity Issues

2. Out of gas

Issue:

• The function includeAccount() 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 include in and exclude from reward.

• Owner can set charity addresses.

• Owner can change tax, burn and charity fees.

 

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Conclusion

Smart contracts contain high severity issues and owner privileges!

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

Liquidity locking details NOT provided by the team.

 

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

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