Nano Shiba Inu
Nano Shiba Inu – BSC
Total Supply – 1,000,000,000,000,000 (at the time of launch)
Contract Link – https://bscscan.com/address/0x8da80544045480bc9e2109c91e9515c4823c5561
Compiler version – v0.7.6+commit.7338295f
Optimization Enabled – Yes with 999 runs
Start block – 11656807
Contract deployer’s address – 0x4100b0a8ff5e2e2bf7f7b971a575e84515c8b870
The tax fees for marketing, buyback and liquidity could be changed by the contract
owner. The max wallet allocation for individual addresses can be changed by the
Issue Checking Status:
1. Compiler errors: Passed
2. Race conditions/Reentrancy: Passed
3. Possible delays in data delivery: Passed
4. Front running vulnerability: Passed
5. Timestamp dependence: Passed
6. Integer Overflow and Underflow: Passed
7. DoS with revert: Passed
8. DoS with blocklimit: Passed
9. Methods execution platform: Passed
10. Economy model of smart contract: Passed
11. Impact and exchange rate of logic: Passed
12. Private user data leaks: Passed
13. Malicious event log: Passed
14. Hidden malicious functions: Passed
15. Scoping and declaration: Passed
16. Uninitialized storage pointers: Passed
17. Arithmetic accuracy: Passed
19. Design logic: Passed
19. Cross-fall race conditions: Passed
20. Proper openzeppelin contract implementation and usage: Passed
21. Fallback function safety: Passed
What was the thought process behind the Nano Shiba Inu smart contract? Why this contract over any other?
The idea behind the Nano Shiba Inu contract was to bring a safe and sustainable rebase and rewards token to BSC. The idea behind a rebase token is to dynamically alter the circulating supply of the token to create an aesthetically pleasing price chart. As the circulating supply of the token increases or decreases, token balances of holders also increase or decrease proportionally. This preserves the value of the tokens being held by the investor while giving the developers the ability to create a healthy chart. The total underlying value of the tokens being held by the investor is determined by the current marketcap of the project. For example: Alice buys 1000 Nano Shiba Inu for $100 at $1,000,000 marketcap. More buyers push the marketcap of the project to $1,500,000. Alice’s initial $100 investment is now worth $150. A rebase occurs and the circulating supply decreases by 50%. This increases the value of each token, causing the price chart to move up and show green candles. Alice’s token balance also adjusts proportionally to the circulating supply. So, she now has 500 tokens (-50%). However, the total value of her tokens remains at $150. This contract was developed from the ground up and is not a clone of any other project. It was been rigorously tested to ensure complete safety.
Is your team renouncing ownership? Explain why or why not, and how it would be beneficial.
Ownership is not renounced given that is this a manual rebase token. Therefore, there needs to be a contract owner to manage the rebasing function. Renouncing ownership would be forfeiting the rebase function of the contract which is not beneficial for the project.
Does your team have experience within the DeFi environment? Are you prepared to run this project diligently?
The team has launched several successful projects and has experience with development and marketing. This project is the latest bringing the collective knowledge of previous projects to make this one really shine. The team is knowledgable and dedicated to keep the project going with new utility and constant promotion.
Please explain your team’s choices in distributing Nano Shiba Inu upon launch and how you believe it will be beneficial to the project.
We decided to hold a presale through Pinksale. Various competitions and events were held to determine which community members were most involved and active. The most involved and active community members were given whitelist spots. Since a strong community is essential to a successful project, having presale investors who believe in the project will help spread the word and hold the marketcap of the token. Additionally, having a presale held on Pinksale ensures that liquidity is locked and safe.
Nano Shiba Inu – BSC
Please send us any questions or concerns whatsoever. Ape@NexusSolidity.com