Date of Report: July 17, 2025
This document serves as a comprehensive security and tokenomics analysis of the ETHICOIN (Ticker: ETHIC+) smart contract on the BEP-20 network. This report validates the integrity, security, and operational framework of the Ethicoin project at the time of review.
The Ethicoin (ETHIC+) transaction fee model has been audited and confirmed to operate as specified in the project's documentation. The fee structure is designed to foster a self-sustaining, stable, and growing ecosystem. The audit confirms the following fee distributions:
Liquidity Fee (2%): Confirmed to be automatically allocated to the liquidity pool, ensuring price stability and supporting seamless trading.
Reflection Fee (5%): Verified to correctly distribute rewards to all existing ETHIC+ holders, thereby incentivizing long-term holding.
Marketing Fee (5%): Traced and confirmed to be directed to the designated wallet for ecosystem growth, community building, and development initiatives.
Charity Fee (1%): Audit confirms this fee is properly collected and routed for social impact initiatives, upholding the project's commitment to ethical finance.
The audit of the Ethicoin smart contract focused on identifying vulnerabilities, ensuring logical soundness, and verifying adherence to BEP-20 standards. Our review assessed the following areas:
Centralization Risk Mitigation: The contract's ownership functions are secured. It is recommended that future updates place critical functions under a multi-signature wallet or Timelock to further decentralize control and enhance trust.
Gas Efficiency: Functions, including dividend distribution and swaps, were analyzed for gas consumption. The contract is found to be reasonably optimized, with minor gas-saving improvements recommended for future updates.
Mathematical Integrity: The use of the SafeMath library is confirmed, which effectively prevents integer overflow and underflow vulnerabilities, ensuring that all calculations within the contract are secure.
Compliance with BEP-20 Standard: The ETHIC+ contract is verified to be fully compliant with the BEP-20 token standard, ensuring seamless integration with the broader BNB Chain ecosystem, including wallets and decentralized exchanges.
The Ethicoin (ETHIC+) smart contract and its associated tokenomics are determined to be structurally sound, secure, and in alignment with the project's stated mission of transparency and ethical operation. The implemented fee structure is verified to function as intended, promoting stability, holder rewards, and sustainable growth. While the current framework is robust, we endorse the continuous adoption of security best practices, including the future implementation of enhanced decentralization mechanisms. Ethicoin has established a strong and secure foundation for its ecosystem.
This audit is for informational and transparency purposes only and does not constitute financial advice. All cryptocurrency investments, including Ethicoin (ETHIC+), are speculative and carry a high degree of risk. The value of digital assets can be extremely volatile. This report validates contract functionality at the time of review and does not guarantee future market performance. Invest only what you can afford to lose and conduct your own due diligence.