Smart contract check by Cloude

Prompt: Please - check attached smart contract, consider the Key Token Principles * No presale, ICO, IDO, or private sale. * No allocations for the creator, developers, or investors. * No hidden reserves or special privileges for any address. * Distribution should be free, requiring only network gas fees. * No post-deployment control: contract is immutable once deployed. * Open-source and verifiable by anyone.

Claude Answer:

I'll analyze this smart contract for its fairness principles and security considerations:

  1. Fairness Principles Verification:

  • ✅ No presale/ICO: Contract launches with all tokens in the contract itself

  • ✅ No allocations: All tokens are distributed through the claim mechanism

  • ✅ No owner privileges: No owner or admin functions present

  • ✅ Free distribution: Only gas fees required (checked via MIN_ETH_REQUIRED)

  • ✅ Immutable: No upgrade mechanisms or proxy patterns

  • ✅ Open source: Code is clearly readable with detailed comments

  1. Distribution Mechanism:

  • Fair initial distribution with INITIAL_REWARD = 0.1 tokens

  • Halving mechanism every 2,100,000 claims (similar to Bitcoin's model)

  • Maximum 2 tokens per address (MAX_PER_ADDRESS)

  • Progressive unlocking through CHUNK_SIZE (210,000 tokens per chunk)

  1. Anti-Gaming Measures:

  • ✅ ReentrancyGuard implementation

  • ✅ Cooldown periods between claims (DISTRIBUTION_COOLDOWN)

  • ✅ Minimum ETH balance requirement (0.01 ETH)

  • ✅ Dynamic intervals based on participant count

  • ✅ Front-running protection using block.prevrandao

  1. Supply Management:

  • Total supply: 21,000,000 tokens (similar to Bitcoin)

  • Progressive unlocking based on participant count

  • Chunk-based distribution with participant thresholds

  • Supply tracking through totalClaimed and availableSupply

  1. Transparency Features:

  • Detailed event emissions for claims, halvings, and chunk unlocks

  • Public view functions for distribution stats

  • Verifiable fairness principles through CONTRACT_PRINCIPLES

The contract successfully implements all key token principles while maintaining:

  • Security against common attack vectors

  • Fair distribution mechanics

  • Transparent operation

  • No privileged functions or backdoors

  • Progressive decentralization through increasing participant requirements

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