solidity.finance Audit

Overview of the Contract:

  • The total supply of the token is set to 100 quadrillion.
  • No mint or burn functions are present; though the circulating supply can be reduced by sending tokens to the 0x..dead address, if desired.
  • As of the date of this report, 20% of the token’s supply has been sent to the 0xdead address.
  • The token was listed directly on PancakeSwap with 0.5 BNB being paired against the 80% of the total supply.
  • Pancakeswap holds ~10.7% of the token’s supply as liquidity.
  • 98% of liquidity has been burned.
  • The next largest token holder has ~3%.
  • Users who hold tokens will automatically receive a portion the fees from a transaction tax on each transfer.
  • A portion of the fee charged on transactions is stored in the contract and, once a threshold value is met, used to fund PancakeSwap liqudity.
  • Liquidity-adds are funded by selling half of the tokens collected as fees, pairing the received ETH with the token, and adding it as liquidity to the BNB pair.
  • There is a transfer limit of 250 tillion tokens per transaction.
  • The owner of the contract can exclude and include users from transfer fees, update the maximum transaciton amount, update the fee percentages and update how the fees are allocated.
  • Ownership has been renounced, so none of these variables can be changed from their current state.
  • Some functions could have been declared external instead of public to save some gas, but as this is already deployed this is merely informational.
  • The contract utilizes SafeMath libraries to prevent overflows along with following the BEP20 standard.

Audit Findings Summary

  • No security issues were identified in our analysis.
  • Date: April 24th, 2021

https://solidity.finance/audits/FELA/

$FELA is a DeFi, community driven project. #holdFELA