HedgePay
High Risk
HedgePay is a DeFi protocol that uses its transactional tax to generate user rewards by leveraging liquidity mining of various projects
3 Issues Detected
1
Transparency Issues
previously been hacked - https://www.reddit.com/r/HedgePay/comments/y8zwwj/hedgepay_update_for_the_issue_on_our_vault_part2/
The project team is anonymous to the public.
47.1% of Twitter followers are bots.
The project team is anonymous to the public.
47.1% of Twitter followers are bots.
2
Centralization Risks
Some of the contracts have deployer as one of the privileged roles: Pauser is also Deployer, 2 of the proxyadmins: ProxyAdmin , ProxyAdmin owners are also Deployer.
3
Unverified Smart Contracts
Token has several minters (can mint anytime, another 88% to upper limit) including unverified contracts.
Summary
High Risk
Audit
DappBay Red Alarm
List Time
Jan, 06, 2023
Chain
BNB Smart Chain