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MERD [Mermaid] Token

About MERD

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Token 2 years
CoinGecko 2 years
CoinMarketCap 2 years
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The Most Sought After Multi-Network platform in the DEX! Yield Farm, Dex, NFTs, Vaults & much more

Presence across BSC, Avalanche, IoTeX Networks with deflationary tokenomics, limited token supply, automatic emission reduction, smart token burns & HODL rewards

KYC Verified | Low Risk project from Rugdoc. Liquidity locked up. Trading LIVE across BSC, Avalanche and IOTEX networks as of date

Product & Features:

1. NFT Utilities with NFT Staking | Farming
2. DEX across IoTeX, BSC and Avalanche Networks
3. Auto Compounding Vaults roll out across all networks
4. Lotteries & Prediction Gaming
5. Children material & merchandise linked to Merd token

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Laser Scorebeta Last Audit: 2 July 2022

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Token is either risky or in presale. For presale 30+ is a fine score.

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Unable to find manual contract audit (e.g. Certik, PeckShield, Solidity...)

Mermaid._writeCheckpoint(address,uint32,uint256,uint256) (contracts/Mermaid.sol#313-338) uses a dangerous strict equality:
- nCheckpoints > 0 && checkpoints[delegatee][nCheckpoints - 1].fromBlock == blockNumber (contracts/Mermaid.sol#325-326)
Don't use strict equality to determine if an account has enough Ether or tokens.

Additional information: link

BEP20.constructor(string,string).name (contracts/libs/BEP20.sol#59) shadows:
- BEP20.name() (contracts/libs/BEP20.sol#75-77) (function)
- IBEP20.name() (contracts/libs/IBEP20.sol#25) (function)
BEP20.constructor(string,string).symbol (contracts/libs/BEP20.sol#59) shadows:
- BEP20.symbol() (contracts/libs/BEP20.sol#89-91) (function)
- IBEP20.symbol() (contracts/libs/IBEP20.sol#20) (function)
BEP20.allowance(address,address).owner (contracts/libs/BEP20.sol#123) shadows:
- Ownable.owner() (@openzeppelin/contracts/access/Ownable.sol#34-36) (function)
BEP20._approve(address,address,uint256).owner (contracts/libs/BEP20.sol#295) shadows:
- Ownable.owner() (@openzeppelin/contracts/access/Ownable.sol#34-36) (function)
Rename the local variables that shadow another component.

Additional information: link

Mermaid.delegateBySig(address,uint256,uint256,uint8,bytes32,bytes32) (contracts/Mermaid.sol#179-214) uses timestamp for comparisons
Dangerous comparisons:
- require(bool,string)(block.timestamp <= expiry,MERD::delegateBySig: signature expired) (contracts/Mermaid.sol#209-212)
Avoid relying on block.timestamp.

Additional information: link

Address.isContract(address) (@openzeppelin/contracts/utils/Address.sol#26-36) uses assembly
- INLINE ASM (@openzeppelin/contracts/utils/Address.sol#32-34)
Address.verifyCallResult(bool,bytes,string) (@openzeppelin/contracts/utils/Address.sol#195-215) uses assembly
- INLINE ASM (@openzeppelin/contracts/utils/Address.sol#207-210)
Mermaid.getChainId() (contracts/Mermaid.sol#349-355) uses assembly
- INLINE ASM (contracts/Mermaid.sol#351-353)
Do not use evm assembly.

Additional information: link

Different versions of Solidity is used:
- Version used: ['>=0.4.22<0.9.0', '>=0.8.0', '^0.8.0']
- ^0.8.0 (@openzeppelin/contracts/access/Ownable.sol#3)
- ^0.8.0 (@openzeppelin/contracts/utils/Address.sol#3)
- ^0.8.0 (@openzeppelin/contracts/utils/Context.sol#3)
- ^0.8.0 (@openzeppelin/contracts/utils/math/SafeMath.sol#3)
- >=0.8.0 (contracts/Mermaid.sol#3)
- >=0.4.22<0.9.0 (contracts/libs/BEP20.sol#3)
- >=0.4.22<0.9.0 (contracts/libs/IBEP20.sol#3)
Use one Solidity version.

Additional information: link

Address.functionCall(address,bytes) (@openzeppelin/contracts/utils/Address.sol#79-81) is never used and should be removed
Address.functionCall(address,bytes,string) (@openzeppelin/contracts/utils/Address.sol#89-95) is never used and should be removed
Address.functionCallWithValue(address,bytes,uint256) (@openzeppelin/contracts/utils/Address.sol#108-114) is never used and should be removed
Address.functionCallWithValue(address,bytes,uint256,string) (@openzeppelin/contracts/utils/Address.sol#122-133) is never used and should be removed
Address.functionDelegateCall(address,bytes) (@openzeppelin/contracts/utils/Address.sol#168-170) is never used and should be removed
Address.functionDelegateCall(address,bytes,string) (@openzeppelin/contracts/utils/Address.sol#178-187) is never used and should be removed
Address.functionStaticCall(address,bytes) (@openzeppelin/contracts/utils/Address.sol#141-143) is never used and should be removed
Address.functionStaticCall(address,bytes,string) (@openzeppelin/contracts/utils/Address.sol#151-160) is never used and should be removed
Address.isContract(address) (@openzeppelin/contracts/utils/Address.sol#26-36) is never used and should be removed
Address.sendValue(address,uint256) (@openzeppelin/contracts/utils/Address.sol#54-59) is never used and should be removed
Address.verifyCallResult(bool,bytes,string) (@openzeppelin/contracts/utils/Address.sol#195-215) is never used and should be removed
BEP20._burnFrom(address,uint256) (contracts/libs/BEP20.sol#312-319) is never used and should be removed
Context._msgData() (@openzeppelin/contracts/utils/Context.sol#20-22) is never used and should be removed
SafeMath.div(uint256,uint256) (@openzeppelin/contracts/utils/math/SafeMath.sol#134-136) is never used and should be removed
SafeMath.div(uint256,uint256,string) (@openzeppelin/contracts/utils/math/SafeMath.sol#190-199) is never used and should be removed
SafeMath.mod(uint256,uint256) (@openzeppelin/contracts/utils/math/SafeMath.sol#150-152) is never used and should be removed
SafeMath.mod(uint256,uint256,string) (@openzeppelin/contracts/utils/math/SafeMath.sol#216-225) is never used and should be removed
SafeMath.mul(uint256,uint256) (@openzeppelin/contracts/utils/math/SafeMath.sol#120-122) is never used and should be removed
SafeMath.tryAdd(uint256,uint256) (@openzeppelin/contracts/utils/math/SafeMath.sol#21-27) is never used and should be removed
SafeMath.tryDiv(uint256,uint256) (@openzeppelin/contracts/utils/math/SafeMath.sol#63-68) is never used and should be removed
SafeMath.tryMod(uint256,uint256) (@openzeppelin/contracts/utils/math/SafeMath.sol#75-80) is never used and should be removed
SafeMath.tryMul(uint256,uint256) (@openzeppelin/contracts/utils/math/SafeMath.sol#46-56) is never used and should be removed
SafeMath.trySub(uint256,uint256) (@openzeppelin/contracts/utils/math/SafeMath.sol#34-39) is never used and should be removed
Remove unused functions.

Additional information: link

Pragma version^0.8.0 (@openzeppelin/contracts/access/Ownable.sol#3) allows old versions
Pragma version^0.8.0 (@openzeppelin/contracts/utils/Address.sol#3) allows old versions
Pragma version^0.8.0 (@openzeppelin/contracts/utils/Context.sol#3) allows old versions
Pragma version^0.8.0 (@openzeppelin/contracts/utils/math/SafeMath.sol#3) allows old versions
Pragma version>=0.8.0 (contracts/Mermaid.sol#3) allows old versions
Pragma version>=0.4.22<0.9.0 (contracts/libs/BEP20.sol#3) is too complex
Pragma version>=0.4.22<0.9.0 (contracts/libs/IBEP20.sol#3) is too complex
solc-0.8.0 is not recommended for deployment
Deploy with any of the following Solidity versions: 0.5.16 - 0.5.17, 0.6.11 - 0.6.12, 0.7.5 - 0.7.6 Use a simple pragma version that allows any of these versions. Consider using the latest version of Solidity for testing.

Additional information: link

Low level call in Address.sendValue(address,uint256) (@openzeppelin/contracts/utils/Address.sol#54-59):
- (success) = recipient.call{value: amount}() (@openzeppelin/contracts/utils/Address.sol#57)
Low level call in Address.functionCallWithValue(address,bytes,uint256,string) (@openzeppelin/contracts/utils/Address.sol#122-133):
- (success,returndata) = target.call{value: value}(data) (@openzeppelin/contracts/utils/Address.sol#131)
Low level call in Address.functionStaticCall(address,bytes,string) (@openzeppelin/contracts/utils/Address.sol#151-160):
- (success,returndata) = target.staticcall(data) (@openzeppelin/contracts/utils/Address.sol#158)
Low level call in Address.functionDelegateCall(address,bytes,string) (@openzeppelin/contracts/utils/Address.sol#178-187):
- (success,returndata) = target.delegatecall(data) (@openzeppelin/contracts/utils/Address.sol#185)
Avoid low-level calls. Check the call success. If the call is meant for a contract, check for code existence

Additional information: link

Parameter Mermaid.mint(address,uint256)._to (contracts/Mermaid.sol#57) is not in mixedCase
Parameter Mermaid.mint(address,uint256)._amount (contracts/Mermaid.sol#57) is not in mixedCase
Parameter Mermaid.burn(uint256)._amount (contracts/Mermaid.sol#71) is not in mixedCase
Variable Mermaid._delegates (contracts/Mermaid.sol#113) is not in mixedCase
Follow the Solidity naming convention.

Additional information: link

Mermaid.burnWallet (contracts/Mermaid.sol#16) should be constant
Mermaid.initialMintWallet (contracts/Mermaid.sol#19) should be constant
Add the constant attributes to state variables that never change.

Additional information: link

renounceOwnership() should be declared external:
- Ownable.renounceOwnership() (@openzeppelin/contracts/access/Ownable.sol#53-55)
transferOwnership(address) should be declared external:
- Ownable.transferOwnership(address) (@openzeppelin/contracts/access/Ownable.sol#61-64)
burn(uint256) should be declared external:
- Mermaid.burn(uint256) (contracts/Mermaid.sol#71-74)
operator() should be declared external:
- Mermaid.operator() (contracts/Mermaid.sol#95-97)
transferOperator(address) should be declared external:
- Mermaid.transferOperator(address) (contracts/Mermaid.sol#103-110)
decimals() should be declared external:
- BEP20.decimals() (contracts/libs/BEP20.sol#82-84)
symbol() should be declared external:
- BEP20.symbol() (contracts/libs/BEP20.sol#89-91)
transfer(address,uint256) should be declared external:
- BEP20.transfer(address,uint256) (contracts/libs/BEP20.sol#115-118)
allowance(address,address) should be declared external:
- BEP20.allowance(address,address) (contracts/libs/BEP20.sol#123-125)
approve(address,uint256) should be declared external:
- BEP20.approve(address,uint256) (contracts/libs/BEP20.sol#134-137)
transferFrom(address,address,uint256) should be declared external:
- BEP20.transferFrom(address,address,uint256) (contracts/libs/BEP20.sol#151-163)
increaseAllowance(address,uint256) should be declared external:
- BEP20.increaseAllowance(address,uint256) (contracts/libs/BEP20.sol#177-180)
decreaseAllowance(address,uint256) should be declared external:
- BEP20.decreaseAllowance(address,uint256) (contracts/libs/BEP20.sol#196-203)
mint(uint256) should be declared external:
- BEP20.mint(uint256) (contracts/libs/BEP20.sol#213-216)
Use the external attribute for functions never called from the contract.

Additional information: link


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

Holders:


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


Average 30d PancakeSwap liquidity is low.


Average 30d number of PancakeSwap swaps is low.


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


Number of Binance Smart Chain (BSC) token holders is low.


Last post in Twitter was more than 30 days ago


Unable to find Discord account


BscScan page for the token does not contain additional info: website, socials, description, etc.

Additional information: link


Token was delisted (assigned to inactive / untracked listing) from CoinMarketCap

Additional information: link


Unable to find token contract audit


Unable to verify token contract address on the website


Unable to find audit link on the website


Unable to find token on CoinHunt

Additional information: link


Unable to find code repository for the project


Token is not listed at Mobula.Finance

Additional information: link


Token has no active CoinMarketCap listing / rank


Young tokens have high risks of price dump / death


Token has relatively low CoinGecko rank


Young tokens have high risks of price dump / death


Young tokens have high risks of price dump / death

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