Overall score: 95/100
Website: https://twitter.com/arb_miner Contract: 0x0Df3c77a25d86c3c5F26d1931e81Db0f7d991414 Twitter: https://twitter.com/arb_miner Telegram: https://t.me/ArbMinerorg
Launch Date: March 25, 2023
SUMMARY
This smart contract has been reviewed by Cipher Audit and found no backdoor code. There is no malicious code that allows the owner (or other) to withdraw all funds from the smart contract.
Contract Details
Chain: ARBITRUM
Coin: ETH (Native token for ARB)
Dapp Type: Yield farm / ROI Miner.
Daily ROI: 8%.
Referral reward: 10%.
Backdoors
There are no backdoor methods that withdraw funds to a non investor wallet
Owner Privileges
seedMarket - starts the application: allows funds to go in and all functions to be triggerable.
Fees
These fees are lower than usual
Deposit : 3%
Withdraw : 3%
Complexity
This is a standard miner contract.
Team Trust
The team is an experienced dev team built ETHROI and EtherKing previously.
Other Risk
Considering the complexity of the contract, at the end of the day, This is still an ROI Dapp that relies on funds invested to payout existing users. if the contract reaches $0 investors will not be paid out. Higher Deposit Players will gain more because of the high yield for shorter plans. Referral systems are centralized threats. This means that influencers and developers are likely to receive significant funds from referrals and earn more than day-to-day interest. This should be taken into consideration in all due diligence with the additional fact that the smart contract currently relies on new funds being invested. Please invest what you can afford to lose and CipherAudit won't be responsible for any financial loss.