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RugDoc Review
1Swap is a stablecoin AMM with staking in the Moonriver chain. Contracts of 1Swap seem to be a mix of everything. It’s stablecoin swap and LP token contracts appear to be forks from Iron Finance’s Iron Swap protocol without the withdrawal fees. The 1Swap token on the other hand is a complete fork of Compound Finance’s COMP token with just a slight modification on total supply count to 1 billion tokens, while its staking contract is a modified SushiSwap MiniChefV2 fork and here are some points taken:
- ⚠️ Does not support deflationary/transfer-tax token pools, just clarify with project that none will be added
- ✅ Migrator has been removed.
- ✅ 0% deposit/withdrawal fees
- ✅ Masterchef behind a 12 hr timelock
- Uses the rewarder contract as well for multiple token rewards similar to SushiSwap farms, although disabled for now.
We are marking this as ineligble as we highly recommend this to get audited by a reputable auditor as the contracts contain complex statements and would require more time and resources to properly ascertain its long-term safety.
⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0x2e8…67D6)
*Paid Advertisement. Not financial advice. RugDoc is not responsible for the projects showcased here. DYOR and ape safu.
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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.