$FLOYD is a charity token that focuses on racial inequality and injustice. It can be swapped on the Binance Smart Chain (BSC) with each transaction contributing to the charity wallet. They will do a stealth launch soon and have huge plans, listing on a CEX being one of them.
The supply of the token is 48 600 000 and each transaction comes with a 10 % slippage. The slippage is divided as follows:
6 % goes to a charity wallet
2 % is distributed to all holders
2 % goes to liquidity
They will also do manual burns every month.
Team wallet and marketing wallets are locked for 10 weeks with 10 % being unlocked per week.
The token haven’t launched yet but all the liquidity will be locked for 1 month for starters, to make sure everything works as intended. They planned to do it 1 year straight ahead but we advised them to start like this, cause if some error or bug should occur, youre rather in a position where you can fork in 1 month than 12 months. After a month, the LP tokens will be locked for 1 year.
The code is a Safemoon fork and is safe and well written. When we did the audit, we found a critical exploit;
This piace of code basically meant that anybody could burn anyones tokens(note that the function is set as public). After our input, the code was edited. The parts of the code that refers to burn have been removed and burn will be handled manually instead.
The new contract is to be found here: https://testnet.bscscan.com/address/0x333cf277476F07Cc85a98700bdb4b4e82360404a#code (not that it is on the testcase since the tokens haven’t been launched yet for the duration of this audit)
And since the new contract is the same as the previous one, but with the critical exploit removed – there is nothing more we found that is worth mentioning.
Updated: Final contract can be found here: https://bscscan.com/address/0xd8b2e8d87f0d29a0107c3dd52797c4e788d7d62a#code
Since this token haven’t launched yet, this section is based on information from the dev.
He have informed us that there will be a 5 % dev wallet, a 15 % marketing wallet and the remaining 80 % will be for liquidity.