Nftfy is a Decentralized Application that provides the fractionalization of Non-Fungible Tokens. It is the trustless way of sharing ownership of NFTs, allowing the connection to all the DeFi functionalities and bringing instant liquidity to the NFT ecosystem.
It is a permissionless protocol that allows anyone to generate ERC20-compliant fungible Fractions fully backed by the NFT. Once you do that, you create a whole new market full of possibilities, being able to integrate the NFT Fractions into all the other DeFi applications.
$NFTFY Utility
The main function of the token is to amass and discover value within the $NFTFY ecosystem. As the many new ERC20-compliant Fractions are generated by the community, the $NFTFY token acts as a liquidity booster for all the users.
Liquidity Mining, Farming and Airdrops will be used to stimulate the liquidity in the Balancer Pools containing $NFTFY tokens. Anyone can easily participate in the rewards programs as any pool created on Balancer protocol containing the $NFTFY token as collateral is automatically eligible to participate in our Liquidity Mining program. In addition, their participants are eligible to receive airdrops of the most valuable NFTs on the platform and there will be pools with incentives for specific partnerships.
Unable to find manual contract audit (e.g. Certik, PeckShield, Solidity...)
Contract name (Nftfy-Peg Token) contains non-alphanumeric characters.
Not a direct threat, but may indicate unreliable intentions of developer. Non-alphanumeric chars (,.;!#*&") are extremely rare among low risk tokens.
Different versions of Solidity is used:
- Version used: ['>=0.6.0<0.8.0', '^0.6.0']
- >=0.6.0<0.8.0 (#6)
- >=0.6.0<0.8.0 (#32)
- >=0.6.0<0.8.0 (#101)
- >=0.6.0<0.8.0 (#180)
- >=0.6.0<0.8.0 (#341)
- >=0.6.0<0.8.0 (#648)
- >=0.6.0<0.8.0 (#691)
- >=0.6.0<0.8.0 (#724)
- >=0.6.0<0.8.0 (#772)
- >=0.6.0<0.8.0 (#813)
- ^0.6.0 (#994)
Use one Solidity version.
Additional information: link
SafeMath.mul(uint256,uint256) (#254-266) is never used and should be removed
Remove unused functions.
Additional information: link
Pragma version^0.6.0 (#994) allows old versions
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
Redundant expression "this (#24)" inContext (#18-27)
Remove redundant statements if they congest code but offer no value.
Additional information: link
Variable NftfyToken.TOTAL_SUPPLY (#1002) is too similar to ERC20._totalSupply (#377)
Prevent variables from having similar names.
Additional information: link
totalSupplyAt(uint256) should be declared external:
- ERC20Snapshot.totalSupplyAt(uint256) (#910-914)
Use the external attribute for functions never called from the contract.
Additional information: link
Unable to crawl data from the website
BscScan page for the token does not contain additional info: website, socials, description, etc.
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 whitepaper link on the website
Unable to find Telegram link on the website
Unable to find Twitter link on the website
Unable to find token on CoinHunt
Additional information: link
Token has a considerable age, but we're still unable to find its website
Young tokens have high risks of scam / price dump / death
Token has a considerable age, but social accounts / website are missing or have few users
Young tokens have high risks of price dump / death
Token has relatively low CoinMarketCap rank
Twitter account link seems to be invalid