Midas Dollar Share Token Logo

MDS [Midas Dollar Share] Token

ALERT: unclassified scam

About MDS

Listings

Token 5 years
CoinMarketCap 5 years
[CoinGecko] alert: No trading activity recorded by exchanges integrated on CoinGecko in the past 2 months
white paper

Midas Dollar Protocol is an algorithmic stablecoin protocol inspired by Basis, with multi-tokens.

Social

Laser Scorebeta Last Audit: 29 June 2022

report
Token seems to be a scam (type: unclassified scam).


Unable to verify that contract auditor is trusted: Certik, Quantstamp, Hacken, Solidity, Paladinsec, Openzeppelin, Verichains

Share.setTreasuryFund(address)._communityFund (#804) lacks a zero-check on :
- communityFund = _communityFund (#806)
Check that the address is not zero.

Additional information: link

Share.unclaimedTreasuryFund() (#815-820) uses timestamp for comparisons
Dangerous comparisons:
- _now > endTime (#817)
- communityFundLastClaimed >= _now (#818)
Share.unclaimedDevFund() (#822-827) uses timestamp for comparisons
Dangerous comparisons:
- _now > endTime (#824)
- devFundLastClaimed >= _now (#825)
Avoid relying on block.timestamp.

Additional information: link

Context._msgData() (#243-246) is never used and should be removed
ERC20._setupDecimals(uint8) (#617-619) is never used and should be removed
SafeMath.div(uint256,uint256) (#135-138) is never used and should be removed
SafeMath.div(uint256,uint256,string) (#194-201) is never used and should be removed
SafeMath.mod(uint256,uint256) (#152-155) is never used and should be removed
SafeMath.mod(uint256,uint256,string) (#218-225) is never used and should be removed
SafeMath.tryAdd(uint256,uint256) (#24-28) is never used and should be removed
SafeMath.tryDiv(uint256,uint256) (#60-63) is never used and should be removed
SafeMath.tryMod(uint256,uint256) (#70-73) is never used and should be removed
SafeMath.tryMul(uint256,uint256) (#45-53) is never used and should be removed
SafeMath.trySub(uint256,uint256) (#35-38) is never used and should be removed
Remove unused functions.

Additional information: link

Share.endTime (#786) is set pre-construction with a non-constant function or state variable:
- startTime + VESTING_DURATION
Share.communityFundLastClaimed (#794) is set pre-construction with a non-constant function or state variable:
- startTime
Share.devFundLastClaimed (#795) is set pre-construction with a non-constant function or state variable:
- startTime
Remove any initialization of state variables via non-constant state variables or function calls. If variables must be set upon contract deployment, locate initialization in the constructor instead.

Additional information: link

Parameter Share.setTreasuryFund(address)._communityFund (#804) is not in mixedCase
Parameter Share.setDevFund(address)._devFund (#809) is not in mixedCase
Parameter Share.distributeReward(address)._farmingIncentiveFund (#848) is not in mixedCase
Follow the Solidity naming convention.

Additional information: link

Redundant expression "this (#244)" inContext (#238-247)
Remove redundant statements if they congest code but offer no value.

Additional information: link

Share.communityFundRewardRate (#788) should be constant
Share.devFundRewardRate (#789) should be constant
Share.startTime (#785) should be constant
Add the constant attributes to state variables that never change.

Additional information: link

name() should be declared external:
- ERC20.name() (#382-384)
symbol() should be declared external:
- ERC20.symbol() (#390-392)
decimals() should be declared external:
- ERC20.decimals() (#407-409)
totalSupply() should be declared external:
- ERC20.totalSupply() (#414-416)
balanceOf(address) should be declared external:
- ERC20.balanceOf(address) (#421-423)
transfer(address,uint256) should be declared external:
- ERC20.transfer(address,uint256) (#433-436)
approve(address,uint256) should be declared external:
- ERC20.approve(address,uint256) (#452-455)
transferFrom(address,address,uint256) should be declared external:
- ERC20.transferFrom(address,address,uint256) (#470-478)
increaseAllowance(address,uint256) should be declared external:
- ERC20.increaseAllowance(address,uint256) (#492-495)
decreaseAllowance(address,uint256) should be declared external:
- ERC20.decreaseAllowance(address,uint256) (#511-514)
burnFrom(address,uint256) should be declared external:
- ERC20Burnable.burnFrom(address,uint256) (#670-675)
renounceOwnership() should be declared external:
- Ownable.renounceOwnership() (#726-729)
transferOwnership(address) should be declared external:
- Ownable.transferOwnership(address) (#735-739)
operator() should be declared external:
- Operator.operator() (#752-754)
isOperator() should be declared external:
- Operator.isOperator() (#761-763)
transferOperator(address) should be declared external:
- Operator.transferOperator(address) (#765-767)
Use the external attribute for functions never called from the contract.

Additional information: link


Not a direct threat, but may indicate unreliable intentions of developer. Widespread names (e.g. Elon, King, Moon, Doge) are common among meme-tokens and scams. The allow to gain free hype and attract unexperienced investors.


Contract ownership is semi-renounced (passed to a contract)

Holders:


Average 30d PancakeSwap liquidity is less than $100. Token is either dead or inactive.


Average 30d PancakeSwap volume is less than $100. Token is either dead or inactive.


Average 30d number of PancakeSwap swaps is less than 1. Token is either dead or inactive.


Average PancakeSwap trading volume, liqudity, number of swaps are extremely low. Token seems to be dead.


Token is deployed only at one blockchain


Token has only one trading pair


Last post in Twitter was more than 180 days ago


Unable to find Youtube account


Token is not listed at Mobula.Finance

Additional information: link


Unable to find token on CoinHunt

Additional information: link


Young tokens have high risks of scam / price dump / death


Young tokens have high risks of scam / price dump / death


Token has a considerable age, but average PancakeSwap 30d trading volume is low


Token has relatively low CoinGecko rank


Token has relatively low CoinMarketCap rank

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