Our first audit process published on Solidty Finance was 100% successful!

We are very close to the end of our other audit work! For detailed information, don’t forget to come to our Medium channel and follow us on our social media accounts. Pre-sale coming soon!

Details are below;

Notes on the Contract:

• The total supply of the token is set to 10 billion [10,000,000,000].
• No minting functions are accessible beyond deployment.
• Any user can burn their own tokens to reduce the total supply.
• There was no token allocation for our team to analyze as the contract has yet to be deployed to the mainnet.
• There is a holder fee, marketing fee, and burn fee on all transactions for any “non-excluded” address that participates in a transfer. Multiple fee structures are set by the team to apply different fee percentages when the user is selling to Uniswap relative to the start time (determined by the owner) of the contract.
• The first fee structure is applied on sells to Uniswap within 1 day of the start time. The second fee structure is applied on sells to Uniswap between 1–21 days since the start time. The third fee structure is applied on sells to Uniswap between 21–30 days since the start time. The fourth fee structure is applied on sells to Uniswap after 30 days since the start time.
• Users who hold tokens will automatically benefit from the frictionless fee redistribution at the time of each transaction as the tokens collected through the holder fee are removed from the circulating supply.
• The tokens collected from the burn fee are burned to reduce the total supply.
• The tokens collected from the marketing fee are swapped for ETH and sent to the team’s marketing wallet.
• The contract is upgradable, meaning the team can swap out the current contract for a new one at any time.
• As the contract is implemented with Solidity v0.8.x, it is protected from overflows.

Ownership Controls:

• The owner can modify the holder fee, marketing fee, and burn fee for each fee structure to any percentages at any time.
• The owner can pause/unpause trading at any time.
• The owner can exclude and include accounts from transfer fees and reward distribution.
• The owner can reset the start time of the contract at any time.
• The owner can set and update a maximum transaction amount at any time, which will impose a limit to the number of tokens that can be transferred during any given transaction.
• The owner can withdraw any ETH or ERC20 tokens from the contract address at any time.
• The owner can update the minimum threshold of tokens needed to trigger the swapping of marketing tokens for ETH to any value at any time.
• The owner can add accounts to a blacklist which will prevent them from being able to participate in transfers.
• The owner can airdrop any amount of tokens to any address at any time.
• The owner can update the team’s marketing wallet to any address at any time.
• The owner can update the Uniswap pair and Uniswap Router addresses at any time.

Audit Findings Summary

• No external threats were identified.
• Please ensure trust in the team prior to investing as they have substantial control in the ecosystem and can upgrade the contract at any time.
• Further ensure trust as the team can pause all trading at any time.
• Date: November 17th, 2021

Click on the link for more detailed information; https://solidity.finance/audits/Portuma/