Solid Group’s auditing process goes in-depth and covers a wide range of token code characteristics. The main things the audit checks for are vulnerabilities and imminent risks to the safety and security of the code, Solid Group does an extensive auditing process intending to help their customers increase their code quality while reducing the high level of risk presented by cryptographic tokens and blockchain technology.
Highlights of the process
✅ No mint function
Privileged Functions / Owner Capabilities
1️⃣ The contract contains the following privileged functions that are restricted by onlyOwner modifier:
2️⃣ The owner can toggle the liquidity addition mechanism:
3️⃣ The owner can freely choose the amount of tokens to be swapped in one transaction (for bnb) by setting minimumTokensBeforeSwap.
function setNumTokensSellToAddToLiquidity(uint256 _minimumTokensBeforeSwap) external onlyOwner()
4️⃣ The owner can set maxTxAmount which is the number of % of the total supply that can be swapped in one transaction.
function setMaxTxPercent(uint256 maxTxPercent, uint256 maxTxDecimals) external onlyOwner()
5️⃣ Important Addresses
address payable public Feeaddress = 0x1416C8332Cf986e68C3058b71FaB04d47826bEf2; /** fee address*/
address payable public buybackaddres = 0xc9f3f802B89148D069F174149e0234E66dD91D02; /**Buyback addres address*/
address payable public marketingaddress = 0xbD9396e4D27FaC0D4d44B19faeAA787896B2EfeD; /** marketing address*/
⚠️ Regarding the buyback address, the team plans to do it manually which means there is a risk for investors that the team would neglect the project and stop the buyback mechanism or use the bnb for other purposes.
⚠️ Every time swapAndLiquified takes place it can cause a significant price drop, depending on the number of tokens and the value the team set for setNumTokensSellToAddToLiquidity.
No issues were found. Make sure you are aware that the team plans to do the buyback manually which means that the team can neglect the project and stop the buyback mechanism/use it for different purpose.
“MoonBuffalo is a Community Based Decentralized Meme Token On Binance SmartChain.Our journey is the answer to the simple question, What would happen if a cryptocurrency project was 100% run by the community. MoonBuffalo will answer all of them as challenges through token memes designed with scheduled buybacks and burning on a weekly and monthly basis.”
About Solid Group
Solid Group is a blockchain consulting and auditing service provider, founded by 3 cybersecurity experts with a passion for thinking out of the box, learning, and sharing knowledge. Every project goes through a meticulous process and is viewed by at least two partners, thereby achieving a high level of credibility and professionalism. Our group is partnered with multiple organizations and launchpads that have a combined market cap of over 400 million USD.
SolidGroup reports are not, nor should be considered, an “endorsement” or “disapproval” of any particular project or team. These reports are not, nor should be considered, an indication of the economics or value of any “product” or “asset” created by any team. Solid Group do not cover testing or auditing the integration with external contract or services (such as Unicrypt, Uniswap, PancakeSwap etc’…)
SolidGroup Audits do not provide any warranty or guarantee regarding the absolute bug-free nature of the technology analyzed, nor do they provide any indication of the technologies proprietors. SolidGroup Audits should not be used in any way to make decisions around investment or involvement with any particular project. These reports in no way provide investment advice, nor should be leveraged as investment advice of any sort. SolidGroup Reports represent an extensive auditing process intending to help our customers increase the quality of their code while reducing the high level of risk presented by cryptographic tokens and blockchain technology. Blockchain technology and cryptographic assets present a high level of ongoing risk. SolidGroup’s position is that each company and individual are responsible for their own due diligence and continuous security. SolidGroup in no way claims any guarantee of security or functionality of the technology we agree to analyze.