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TOKENOMICS

Token Name Chat GPT Token Symbol GPT Decimal 9 Total Supply 1,000,000
Circulatory Supply 100,000


A RUGPULL FOR $20,000,000

A rugpull is the act of liquidity theft performed by the developer. The
liquidity is being “pulled” from the pool, which gives this event its name “rug
pull”.

GPT smart contract owner is an externally owned account, that’s being controlled
by a specific person. This account keeps liquidity pool tokens with a market
value of $20,000,000. The sum is constantly going up because the smart contract
transfers part of the transfer commissions to the owner account

In case the owner address is compromised, a rugpull of over $20,000,000 can
happen at any moment. Because it’s about 15% of all liquidity that is being held
in liquidity pools, the GPT exchange rate can go down rapidly.

Solved

In ChatGpT smart contract liquidity tokens are sent to zeroaddress. Nobody has
access to LP tokens, cannot sell them and fell down the rate.

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BLACK LIST OF REWARDS

Black List of Rewards Vulnerability #03, excludeFromReward () abuse allows to
exclude certain wallets from rewards distribution or put them back in. This way
the transfer rewards can be received only on the wallets that haven’t been
excluded.

The attack code, which demonstrates the possibility of distribution of 30% of
the balance in favor of the included wallets, is described in Appendix C of the
audit.

Solved

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BLACK LIST OF REWARDS

100% token transfers to the reward pool The contract includes set functions:

In these functions, it’s possible to set any unit256 values.

Solved

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BLOCKING OF ANY TRANSFERS OF GPT TOKEN

The mechanism of removing addresses from autoyielding implies a loop over
excluded addresses for every transfer operation or balance inquiry. This may
lead to extreme gas costs up to the block gas limit and may be avoided only by
the owner restricting the number of excluded addresses.

In an extreme situation with a large number of excluded addresses transaction
gas may exceed maximum block gas size and all transfers will be effectively
blocked.

Moreover, includeInReward() function relies on the same for() loop which may
lead to irreversible contract malfunction.

Solved

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BACKDOOR SYNERGY

On their own, vulnerabilities #01, #02 и #03 can inflict serious damage on the
holders. However, under circumstances, these vulnerabilities may form a chain
ideal for an attack strategy.

1. FrontRun transaction

a. When a user sends the transaction to the BSC network, it joins the queue.

b. Depending on the gas fee that is set, the transaction will wait for the
miners to add it into the block.

c. The higher is the gas fee, the sooner the transaction is added to the block.

d. If the contract owner notices that a holder is transferring GPT tokens, they
can send the transaction with the changed condition of the contract variables
before the user’s one, due to a higher gas fee.

2. In the FrontRun transaction a malicious user sets:

a. a specific commission for the GPT token transfer

b. excludes the biggest holders from the commissions’ distribution

3. Upon receiving 100% from the transfer to their own wallet, a malicious user
might set the commission back at the previous value and include the excluded
wallets back into the distribution list.

4. To hide the actions, after the procedure is completed, the ownership of the
contract can be temporarily moved to the burning wallet.

5. An optional possibility after the procedure is blocking the network to wait
for a large number of transfers to form a queue.

In this example, the biggest damage may be inflicted to the biggest holders, and
transfers of large sums of GPT token, because in an attempt to save the
resources and to attract as little attention as possible, it makes sense to
exploit the backdoor only during large transfers.

Solved

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NEW FEES: EASY TO TRADE

In the old GPT protocol, to buy and sell tokens, you spent 20% on commissions
(10% for buying and 10% for selling).

If the price did not rise by at least 20%, you lost money.

Therefore, the old GPT protocol was of little demand by traders.

We have reduced fees up to 5%, of which:

1% Reflection fee (5% is reflected to all holders for passive income)

4% LP Acquisition (4% is added to a liquidity pool)

Now you can easily buy and sell ChatGpT (GpT) tokens.

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FAIR TOKEN BURNING

In the old GPT protocol, almost half (42%) of the tokens are at the address:
0x0000000000000000000000000000000000000001

As this address is not excluded from reward, the holders actually receive only
half of the reflect fees (2.5% instead of 5%)

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50% OF CHATGPT TOKENS WILL BE BURNED BY THE END OF JUNE 2022

Every month we will burn 100,000,000,000,000 ChatGpT (GpT) tokens for half a
year.

Until that time, the tokens will be locked.

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FIXED OTHER ERRORS IN THE OLD CONTRACT OF GPT PROTOCOL CONTRACT.

We have fixed all errors found by auditors.

Now the new Token ChatGpT (GpT) is really safe!

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NEW CHATGPT PROTOCOL

The New ChatGPT Protocol is community driven DeFi token. We have fixed backdoor
of the old protocol that could lead to loss of billions of dollars for token
holders. The old functions became even better: Low fees for easy trading, fair
token burning.




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