BABY APE AUDIT
Baby Ape – BSC
Total Supply – 1,000,000,000,000,000
Contract Link – https://bscscan.com/address/0xcb35e52bebfe06909c216be822fa982efdd60f95
Compiler version – v0.6.12+commit.27d51765
Optimization Enabled – No, 200 runs
Start block – 8719963
Contract deployer’s address – 0xa79b90b1e4544eb72f64cce8fb21bb5108e50413
Marketing wallet – 0xa79B90B1e4544eb72f64cce8fb21bb5108e50413
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 block limit: 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 Baby Ape smart contract? Why this contract over any other?
Inspired by coins over the past months, the Baby Ape contract maximizes the stability of the coin through high liquidity generation. We started with a relatively low liquidity pool and through taxes and automatic LP generation have achieved over 60 BNB in liquidity. It is the rate and ratio of LP generation that is important, and what differentiates us. Additionally, we also have a low overall tax of 10%. Reflection to holders is a nice
gesture, but without a solid liquidity floor or relatively low tax rate, no one will want to enter as an investor due to losing too much in taxes, even when the price of the coin increases.
Is your team renouncing ownership? Explain why or why not, and how it would be beneficial.
Although the contract has no suspicious functions or any form of owner maliciousness, it has been renounced. Due to the owner of the contract now being the dead address, any liquidity that is automatically added as part of the tax is immediately burned. This assures that the liquidity will forever remain and can never be removed. This is a sign of trust between developer and community, and the project is now under full control of the community itself.
Does your team have experience within the DeFi environment? Are you prepared to run this project diligently?
The team has been in the DeFi scene for a long time and have a wealth of experience. By bringing talent from many diverse backgrounds and experiences including contract vetting, marketing, social media, and site design, we can assure the utmost quality. Everyone is fully committed to giving this project the best opportunity for growth that it can get.
Please explain your team’s choices in distributing Baby Ape upon launch and how you believe it will be beneficial to the project.
No tokens were distributed prior to the fair stealth launch. A maximum limit per wallet was introduced to ensure fair distribution of tokens. All tokens were added into liquidity, and BNB for liquidity was provided by the team. All developer funds are raised from token transactions, which we make sure to be open and transparent about. In this way, any costs can only be recouped with the success of the project, ensuring our continued support.