Moonriver Farms
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UPDATE:
- Token contract is now verified and appears to be similiar with the Masterchef flat file. Token has a max supply of 5,000,000 tokens. Deposits, and withdrawals could break once it reached the maximum supply because of the Masterchef minting. Emergency withdraw can be used once that happens.
- ✅ Masterchef is now behind a 12-hour timelock
Goose fork
🚨 Farm token contract is still unverified. The Masterchef flat file suggests the token is a simple Goose fork, although it could be anything.⚠️ Masterchef currently not behind a timelock- ✅ Max 4% withdraw fees
- ✅ Correctly accounts for transfer taxes on any token pool
- No referrals
- Emergency withdrawals account for withdraw fees
- 10% of emission rewards minted to dev address
- 10% of emission rewards minted to burn address
- 26% of token supply is added in MOONENGINE-USDC liquidity. 97% of LP tokens were sent to the dead address
⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0x95b...De67)
Goose fork
- ⚠️ Masterchef currently not behind a timelock
- ⚠️ Max 50% deposit fees
- ✅ All transfer-tax tokens are supported
- 10% of emissions sent to dev address
- Note: Vault contracts have not been reviewed
⚠️ Triple check the contract you interact matches the one reviewed here (0x91ad...869c)
Panther fork
- 🚨 Solarbeam Vaults are not yet verified as of date of review
- ⚠️ Masterchef currently not behind a timelock
- ⚠️ Masterchef uses a forward contract to allow implementation of meta transactions (gasless). Should also be noted that the EIP behind this is still in the draft phase and could still contain vulnerabilities. Kindly take note of the security considerations.
- ⚠️ Token uses access roles in their contract (minter, pauser, rescuer, take fee, router). Please clarify with the project on token role assignments as there could be risk of the dev minting and dumping.
- ⚠️ Token transfers are pausable
- ✅ Max 10% deposit fees
- ✅ Masterchef correctly accounts for transfer taxes on any token pool
- Solarbeam Factory is a SushiSwap fork. It has 0.25% fees, 1/6th of which (0.0417%) go to the fee address
- Masterchef uses an operator role for allocation point update, enable/disable of meta transactions
- Masterchef regular withdrawals will fail once max supply is reached unless emissions and/or multipliers are set to zero
- 1/10th of emission rewards minted to dev address
- Harvest lockups max of 14 days
- No referrals
- No transfer tax (max 10%)
- No anti-whale (min 0.01%)
- Token rescuer role can retrieve any tokens that are in the token contract
- Token has 1 Billion max supply, 100,000 has been preminted
- Token uses the permit library to enable gasless transactions
- 42% of tokens allocated to the vaults as rewards, 0.37% are supplied as liquidity and 97% of the LP tokens are held by the Masterchef
⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0xf03b...aa30907)
Complex dividend-paying reflection token on the MoonRiver network. We reserve the right to not review complex projects that would require more senior security analyst man hours. Typically these are projects that deal with leverage, lending, options, derivatives, and anything that is complex and which requires tons of peer reviews, and audits.
Since our resources are stretched thin and we don’t have the funding for these kind of massive endeavors, we may pass on projects that meet this level of complexity. DYOR.
Goose fork
- Yield farming product of MoonSwap AMM
- ⚠️ 100% deposit fees possible
- ⚠️ Masterchef currently not behind a timelock
- ⚠️ Does not support deflationary/transfer-tax token pools, just clarify with project that none will be added
- ⚠️ Project uses their own router for the MoonSwap AMM which seems to be a fork of Uniswap V2. Ensure that you perform a small test transaction first and check that the Router contract matches the one here.
- 1/10th of emission rewards minted to dev address
- 40% of token supply is with the Masterchef, 32% in liquidity where 98% of the LP tokens are also held by the Masterchef
⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0x78Aa...96Ff)
Update 2:
Team has been open, transparent, and commited to education. Team has been pushing user education. In light of the second audit with Paladin we have upgraded our review from 'Medium Risk' to 'Some Risk'
Please keep in mind that as this project is a vault project. Vaults are exponentially more exploitable and dangerous compared to simple farms, and so we err on the side of caution for the average user for this reason.
Update - They have conducted an audit of their vaults with Obelisk, and as such we have upgraded our review to reflect the change from 'High Risk' to 'Medium Risk'.
Cross chain vault project on Polygon and MoonRiver. Calls a strat. Swaps and transfers tokens between token types and contracts. Team is open and active as well as provides useful education in their Docs.
Has an audit by Obelisk as well as an audit by Paladin.
Have two full time team members who are doxxed to the public
Since the original revision, the project has expanded to two additional chains: Moonriver and Moonbeam. At first, the contracts of the BSC and Moonriver vaults are practically similar. In the Moonbeam network, it seems that this functionality is not implemented so far.
For both Moonriver and Moonbeam, a $TOAD (governance token) wrapper has been implemented. Unfortunately, in neither case are the contracts unverified.
In the case of $PAD (rewards token), the contracts in both Moonriver and Moonbeam are simple implementations of an ERC20 token. In both cases, the minting is handled by a Minter contract, owned by an EOA.
The approach of an individual contract for each farm continues to be used for both additional networks. In both networks, the contracts used are similar, with minor modifications, to those originally used in the BSC network.
They also implement their own AMM on both networks. In both cases they are simple forks of the PCS router, with the same modification in the fees charged [Moonriver | Moonbeam]
Has individual contracts for each farm and ecosystem involves several contracts. Only native farms. several contracts involving vaults, AMM, farm, LP, and minter and its a fairly large complex ecosystem. Codes are custom. Vaults always carry inherent risks. These contracts also include some more unusual functions involving leverage like onbackingredeem, payout, onremove stake. Nothing looks like an overt rug but its weird, complex, and custom. Does have an audit which reviews certain internal contract securities. This ecosystem also encompasses padswap.exchange vault/AMM
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Disclaimer: This is done with our best knowledge and effort, nothing can be known for certain – always DYOR and risk management. This is NOT financial advice. Use the information presented here to inform your own decisions. Referral links may be included on any outbound link.