Audit Date: 12/12/2022
Audit Score
Overall Audit Score
75%Backdoors
100%Fees
70%Smart Contract Complexity
100%Team Trust
30%Launch Date
Social Links
Audited by the WatchDogs Team.
Summary
Matic Bank is a dApp that claims to provide 12-20% Daily Interest.
There are tiered referrals as follows:
16.5% referral rewards in 5 levels for leaders
Level 1: 10% Referrals
Level 2: 3% Referrals
Level 3: 2% Referrals
Level 4: 1% Referrals
Level 5: 0.5% Referrals
This Contract relies on new investors to maintain the variable APY percentage. If the contract balance reaches 0, the interest will not be paid out.
Fork Type :
The smart contract has the same concept as other ROI dApps.
Contract Details
Chain | Matic |
Token | Matic |
dApp Type: | ROI dApp |
Daily ROI Percent | 15-20% |
Minimum Deposit | 0.5 Matic |
Maximum Deposit | None |
Reward Accumulation Cut Off | N/A |
Claim Cooldown | 1 Hour (24 Claims per day) |
Max withdrawal per transaction | 100 Matic |
Owner Privileges
None |
None
Fees
Deposit Fees | |
10% | Developer Fee |
uint constant public PROJECT_FEE = 100; // project fee 10% of deposit
Withdrawal Fees
Withdrawal Fees | |
10% | Insurance Fee |
uint constant public INSURANCE_PERCENT = 100; // insurance fee 10% of claim
Trust
Disclaimer
DYOR – Please do your own research and only invest in what you can afford to lose. This contract has been manually audited by the WatchDogs.cc team for the specified smart contract address.