Polygon Farms

Description

Lotus NFTs allow you to claim ETH and Polyn rewards. Lotus NFTs are also used to differentiate members within our community according to the amount of ETH they have staked with the platform.

Max Mintable / Minted (%) [At time of listing]

• Unlimited

Mint Price

• 1 ETH = 1 Petal
• Wild Lotus = 8 Petals
• Mystic Lotus = 16 Petals
• Ethereal Lotus = 24 petals
• Sacred Lotus = 32 petals

Launch Details

• December 15, 2023 @ 11:59 PM UTC

Contract

• Unknown

Reward Features

• Lotus NFTs generate ETH and Polyn rewards.
• Lotus NFTs achieve higher levels of conciousness,
  generate greater rewards, and automatically change according to their site.

Morpheus.Network TrustMNW appears to be a modified fork of Ring Financial where you have to create nodes using the native token. Proceeds from the node creation are then managed by the protocol to be invested into several DeFi platforms that will produce an optimal return as stated in their documentations. Each user who created nodes are then eligible to a certain reward per day as native tokens. So far, there seems to be no other fees to be noted aside from the reward claiming fee. (Nodes appear to be actual blockchain nodes that hold data according to their documentations)

• ⚠️ Their platform is blocked by a sign in requirement and is not a decentralized platform.

Having said the above, we are classifying this as Not Eligible as we recommend these kind of complex projects to pass reputable audits as there is a risk of governance mishandling.

Tournament style game where users enter NFTs and other menbers can support their tribes with $Matic tokens to decide who moves onto the next round. Winner gets the prize pot of tokens that all users added.

Having said the above, we are classifying this as Not Eligible as we recommend these kind of projects to pass reputable audits and KYC verifications as there is a risk of governance mishandling. Before investing, we also recommend users to conduct their own due diligence checks.

Automated Uniswap V3 pool management to create short term trades similar to 'Dual Investment' feature in CEXs.

We reserve the right to not review exceedingly complex projects that would require tens of thousands of dollars of senior security analyst man hours.

Typically these are projects that deal with leverage, lending, options, derivatives, and anything that is overly complex and which requires tons of peer reviews and audits from top audit companies.

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.

🚨 Centralized application, user funds have to be deposited into a wallet which is controlled by the platform. Tokens can be withdrawn by the platform anytime. 🚨

Uliquid is a decentralized protocol that interfaces with major Lending protocols on Blockchains. It allows users to 'self liquidate' their positions on these protocols with flash loans to avoid losses from protocol liquidation or leverage their assets for more returns.

• The Uliquid protocol currently charges a fee of 1% for liquidation
• ⚠️ All contracts have not been verified on chain and can contain any implementation

Having listed the above features, we reserve the right to not review exceedingly complex projects that would require tens of thousands of dollars of senior security analyst man hours. Typically these are projects that deal with leverage, lending, options, derivatives, and anything that is overly complex and which requires tons of peer reviews and audits from top audit companies. 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.

Lynxchain uses a referral-based reward or a penalty system where it depends on incoming/outgoing users and 10% of the deposits go to the dev address. Please note that these types of projects appear to be straight up ponzi schemes and you will lose money if you're not lucky enough to have more users come in after you so you can cash out. RugDoc highly recommends staying away from these types of projects. DYOR.

Active liquidity provision vaults for Uniswap V3 protocol.

We reserve the right to not review exceedingly complex projects that would require tens of thousands of dollars of senior security analyst man hours.

Typically these are projects that deal with leverage, lending, options, derivatives, and anything that is overly complex and which requires tons of peer reviews and audits from top audit companies.

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

Yield vault for managing Uniswap V3 concentrated liquidity positions.

We reserve the right to not review exceedingly complex projects that would require tens of thousands of dollars of senior security analyst man hours.

Typically these are projects that deal with leverage, lending, options, derivatives, and anything that is overly complex and which requires tons of peer reviews and audits from top audit companies.

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

Purple Beans uses a referral-based reward or a penalty system where it depends on incoming/outgoing users and 3% of the deposits/rewards go to the dev address. Please note that these types of projects appear to be straight up ponzi schemes and you will lose money if you're not lucky enough to have more users come in after you so you can cash out. RugDoc highly recommends staying away from these types of projects. DYOR.

• ⚠️ Withdrawals and harvests will fail once the MATIC supply has been depleted.
• ⚠️ Pending rewards will continue accumulating once MATIC supply is depleted, but none could be harvested
• ⚠️ Once deposited, users are unable to withdraw. They will have to work on harvesting rewards to cover the deposited amount.
• ✅ Max 3% staking/harvest fees.
• 5% referral.
• Minimum deposit amount of 10 MATIC.
• Daily reward limit of 10,000 MATIC.
• Has a maximum payout amount of 3 times the deposited amount.

⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0x1b9F...56C0)

HoudiniSwap is a project that claims to allow trading between multiple assets and multiple chains, using the Monero blockchain as an intermediary to provide a layer of anonymity. The functionality is similar to FixeFloat or similar services, in the sense that no smart contracts are used, instead the deposit by the user is made to a wallet controlled by the project, which then sends.

• ⚠️ RugDoc HIGHLY recommends thinking through all possible scenarios in these types of projects thoroughly and assessing your risk tolerance. DYOR.
• They have their own Token ($POOF: 0x888c...f57a), which is only found on the ETH chain:
  • ⚠️ Transfer can be blocked anytime by blacklisting
  • Initial liquidity locked until Feb 18, 2023 (see tx)
  • Max Supply: 100,000 tokens
  • PreMinted: 100%
  • Taxes: Buy 6% | Sell 6% | Transfer 2%
  • Other Significant Governance Privileges: owner can take out any token from the contract (unless it is the token itself), enable trading once, change all fee receiving addresses and change the ratio's at which these addresses receive fees.

PCS router and factory fork

Liquid Bolt Finance uses modified versions of the liquidity pair, factory, and router contracts. Said functionalities are used to grant rewards obtained through arbitrage produced in the event of a mismatch between the values of the assets.

The changes made are focused on swap rates, limitations on the execution of certain functionalities, etc. Docs indicates that the yield is obtained through arbitrage when using their software. At no time is it indicated who or who would be the users of this software, what type of software it is, or what the flow of earnings would be like.

Anyway, some things that may be of interest to you:

• 20% DevFee in swaps. ⚠️ It can be up to 50%
• ⚠️ Mint, Swap and Skim functions can be restricted for use by authorized users only. Burn function is free of restrictions, so it could break liquidity at any time without problems.
• Each liquidity pair can have a custom fee.

⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here:

• BSC:
  • Router | Factory
• POLYGON:
  • Router | Factory
• FTM:
  • Router | Factory

🚨🚨🚨 Uses an upgradeable proxy for all contracts, so it can swap out contracts to literally anything 🚨🚨🚨

🚨 Owner can drain the contract abusing a discrepancy in the calculation and deduction of the deposit fee at any time. If you have already deposited, withdraw through emergency withdrawal function 🚨

Lucky Numbers is a betting platform where the user can purchase lottery tickets and can indicate the numbers for which the user bets.

Algostable project which appears to be based on Tomb Finance project. We recommend these kind of complex projects to pass reputable audits and KYC verifications as there is a risk of governance mishandling. Before investing, we also recommend users to conduct their own due diligence checks. The codebases tend to be large and complex with various risk vectors. We are classifying the whole Project as [Not Eligible]. Furthermore, the protocol will launch its native tokens using the Tomb Finance methodology. The current review is carried out on the latter.

• ⚠️ Not KYC'd with RugDoc
• ⚠️ No reputable audits as of date. They have an audit done by StaySafu. On the StaySafu page [link] it indicates that there are 1 Critical, 4 Major, 7 Medium, 14 Minor and 1 Informational issues but in the report they only indicate 1 Medium, 5 Minor and 1 informational [link].
• ⚠️ Liquidity is not locked with RugDoc
• ⚠️ Not in a multisig. We highly recommend the project to use one with community members or reliable 3rd parties as an approver due to the said governance risk.

🚨  We want to be VERY clear that this review and it's rating ONLY applies to the genesis staking contract and not the actual operations of anything that happens anytime after genesis pools 🚨

Genesis Contract Review

• 🚨 Token Ownership not renounced. Owner can mint & dump.
• 🚨 Token Operator is a wallet which can mint & dump
• ⚠️ Does not account for transfer-tax tokens. Withdraw is prone to reentrancy attacks in case of vulnerable tokens
• ⚠️ No liquidity yet, therefore the genesis rewards cannot be sold
• ⚠️ Governance can drain the contract 90 days after poolEndTime
• ✅ Max 1% Deposit Fee
• ✅ No Transfer Tax on Native Token
• Genesis is running for 3 days

⚠️ TRIPLE CHECK the contract you interact with. Make sure it matches the one reviewed here (0x75fb17...c191)

Algostable project which appears to be based on Tomb Finance project. We recommend these kind of complex projects to pass reputable audits and KYC verifications as there is a risk of governance mishandling. Before investing, we also recommend users to conduct their own due diligence checks. The codebases tend to be large and complex with various risk vectors. We are classifying the whole Project as [Not Eligible].

• ⚠️ Not KYC'd with RugDoc
• ⚠️ No reputable audits as of date
• ⚠️ Liquidity is not locked with RugDoc
• ⚠️ Not in a multisig. We highly recommend the project to use one with community members or reliable 3rd parties as an approver due to the said governance risk.

🚨  We want to be VERY clear that this review and it's rating ONLY applies to the genesis staking contract and not the actual operations of anything that happens anytime after genesis pools 🚨

Genesis Contract Review

• 🚨 Token Ownership not renounced. Owner can mint & dump
• ⚠️ Operator is able to withdraw all $Space tokens stored in the contract with the Migrate function
• ⚠️ Does not account for transfer-tax tokens. Withdraw is prone to reentrancy attacks in case of vulnerable tokens
• ⚠️ Governance can drain the contract 90 days after poolEndTime
• ✅ No Transfer Tax on Native Token
• ✅ Token Operator = Treasury
• ✅ Max 4% Deposit Fee
• Genesis is running for 365 days

⚠️ TRIPLE CHECK the contract you interact with. Make sure it matches the one reviewed here (0x5DBF...d502)

Goose fork

• ✅ Max 3% deposit fees
• ⚠️ Masterchef currently not behind a timelock
• ✅ Correctly accounts for transfer taxes on any token pool
• An extra 10% of emission rewards are minted to the dev address
• ⚠️ Masterchef has not been excluded from anti-whale which could block harvests.
• 6.66% transfer tax (max 10%)
• anti-whale disabled (min 5%)

⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0x8cC371...ab6)

Algostable project which appears to be based on Tomb Finance project. We recommend these kind of complex projects to pass reputable audits and KYC verifications as there is a risk of governance mishandling. Before investing, we also recommend users to conduct their own due diligence checks. The codebases tend to be large and complex with various risk vectors. We are classifying the whole Project as [Not Eligible].

• ⚠️ Not KYC'd with RugDoc
• ⚠️ No reputable audits as of date
• ⚠️ Liquidity is not locked with RugDoc
• ⚠️ Not in a multisig. We highly recommend the project to use one with community members or reliable 3rd parties as an approver due to the said governance risk.

🚨  We want to be VERY clear that this review and it's rating ONLY applies to the genesis staking contract and not the actual operations of anything that happens anytime after genesis pools 🚨

Genesis Contract Review

• ⚠️ No liquidity yet, therefore the genesis rewards cannot be sold
• ⚠️ Does not account for transfer-tax tokens. Withdraw is prone to reentrancy attacks in case of vulnerable tokens
• ✅ Token Ownership renounced
• ✅ Token Operator = Treasury
• ✅ Max 1% Deposit Fee
• ✅ No Transfer Tax on Native Token
• ✅ Function governanceRecoverUnsupported removed
• Genesis is running for 2 days

⚠️ TRIPLE CHECK the contract you interact with. Make sure it matches the one reviewed here (0xf1cE...fd7d5)

Jarvis Network deals with overcollateralized stablecoins and synthetic fiat currencies in multiple chains. We reserve the right to not review exceedingly complex projects that would require tens of thousands of dollars of senior security analyst man hours.

Typically these are projects that deal with leverage, lending, options, derivatives, and anything that is overly complex and which requires tons of peer reviews and audits from top audit companies.

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.

Wealth Mountain uses a referral-based reward or a penalty system where it depends on incoming/outgoing users and 10% of the deposits/rewards go to the dev address.

• ⚠️ RugDoc HIGHLY recommends thinking through all possible scenarios in these types of projects thoroughly and assessing your risk tolerance. DYOR.
• ⚠️ Max of 10% early withdrawal fee, min of 2%.
• ✅ Max 10% staking fees.
• 3% referral.
• ⚠️ Withdrawals and harvests will fail once the BUSD/USDC supply has been depleted.
• ⚠️ Pending rewards will continue accumulating once BUSD/USDC supply is depleted, but none could be harvested

⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here:

• Ethereum: 0x7d7b7...f0ba
• BSC: 0x9b9c91...701b
• Avalanche: 0x142b12...9d11
• Polygon: 0x142b12...9d11
• Fantom: 0x142b12...9d11