Morbex is the next generation of decentralized Automated Market Making (AMM) exchange with a deflationary governance token architecture. We are your go-to yield farm, with many more features that let you earn tokens on Binance Smart Chain and PancakeSwap exchanges. Like with the current wave of second-generation yield farms, the goal is to develop a perpetual deflation token, with a continuous burn mechanism to cultivate an environment that can maintain long-term profits with continuously high APR for more significant revenues. Morbex Futures intends to utilize this cutting-edge technology to allow automated futures trading fully.
MORBEX Token Details
Ticker: BEX
Token Contract Address: https://bscscan.com/token/0x0352b52f4ddea5a4a25173796adf8a00de1dc5bd
Max Supply: 10,000,000 BEX
Chain: Binance Smart Chain (BEP-20)
Mining: 60%
IFO: 10%
Private Sale: 5%
Ecosystem: 10%
Team: 8%
Marketing: 5%
Lottery: 2%
SCOPE OF WORK
GAS OPTIMIZATION: Gas Optimization findings do not affect the functionality of the code but generate different, more optimal EVM opcodes resulting in a reduction on the total gas cost of a transaction. This is important when the gas fees per transactions are very high, at that point of time, users can save on gas.
MATHEMATICAL OPERATIONS: Mathematical Operation findings relate to mishandling of math formulas, such as overflows, incorrect operations etc. It also includes the usage of Math library and BODMAS function.
LOGICAL ISSUE: Logical Issue findings detail a fault in the logic of the linked code, such as an incorrect notion on how block.timestamp works or how certain functions are handled by the smart contract or smart contract owner. However, we ignore block.timestamp finding in the proof of staked authority Blockchain.
CONTROL FLOW :Control Flow findings concern the access control imposed on functions, such as owner-only functions being invoke-able by anyone under certain circumstances. This functions can affect the smart contract execution in positive or negative manner.
VOLATILE CODE :Volatile Code findings refer to segments of code that behave unexpectedly on certain edge cases that may result in a vulnerability.
Ethereum works with a bidding system for your transaction fees. Your fee will depend on the complexity of your transaction (i.e., how much computational work it needs). In this context, there are three important terms you should know: gas cost, gas price, and gas limit.
The computational tasks of a transaction are measured in terms of gas cost, while the price paid for each unit of gas is what we call gas price. While the gas cost is defined by the complexity of your transaction, you are free to set your own gas price and gas limit. The total fee paid will then act as an incentive for miners. However, if your gas price is too low, you may be outbid by other users, leaving your transaction pending. If a transaction is stuck, Ethereum will not confirm any new transactions you make from the same wallet address until a miner confirms the first transaction.
AMMs are a type of financial instrument that is specific to Ethereum and decentralized finance (DeFi). This new technology is decentralized, constantly open for trade, and does not rely on traditional buyer-seller interactions. This innovative method of transferring assets embraces the values of Ethereum, crypto, and blockchain technology in general: no single entity controls the system, and anybody may develop and participate in new solutions. What are you waiting for then? Join Morbex as soon as possible.
WEBSITES:
- https://www.facebook.com/MorbexFinance
- https://twitter.com/morbex_finance?s=08
- https://www.reddit.com/u/morbex_finance?utm_medium=android_app&utm_source=share
- https://t.me/Morbex_Finance
- https://morbexfinance.medium.com/
- https://github.com/morbex-finance
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