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Banksy Farm

Avalanche

RugDoc Review

Low Risk
RugDoc KYC
UPDATE

UPDATE:

  • ✅ Masterchef is now under a 24-hour timelock.
  • ✅ Token ownership has been transferred to Masterchef and antibot capabilities have been disabled.

RugDoc KYC: Project owner has KYC’d to us, and has signalled his transparency and commitment to this project. We have also confirmed that the project owner has access to the privileged addresses of the project, and shall retain full responsibility over them and any actions taken by them.

Goose fork.

  • ⚠️ Masterchef uses per-block emissions instead of per-time. This is an antipattern on the Avalanche network.
  • ✅ Max 4% deposit fees
  • ✅ Correctly accounts for transfer taxes on any token pool
  • ⚠️ Masterchef currently not behind a timelock
  • ⚠️ Masterchef has no pools and is still being set up.
  • ⚠️ Token owner is not yet Masterchef. Dev has clarified that ownership will be transferred immediately to Masterchef upon conclusion of presale
  • ⚠️ Token has blacklisting capabilities for bot prevention (holding more than max wallet size) and can be manually called by owner to elect which addresses.
  • ⚠️ Token anti-whale can be set artificially low, which could impede/block transfers.
  • 2% anti-whale (min 0.5%)
  • 8% max wallet size (Min 5%, Max 100%)

⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0x64aB…84d8)

More Details

RugDoc KYC:
A call between one of our admins, one of our reviewers, and the dev/owner was arranged by our team. The dev/owner introduced himself and said that he’s the person behind the project. We asked him to confirm his identity with a passport, and he produced it. The image on the license bears a strong resemblance to his person.

We asked him to confirm that he is the only person who has access to the developer wallet that deployed the contracts, and he confirmed it verbally and also by sending a transaction to the brand from the wallet. All of this was recorded and the developer also shared his screen during the entire transaction process.

Updated on 24 December 2021
Website
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Paladin Audit

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Project Type

Farm

Links

Website

Related Events

Banksy Farm Presale Launch
14 December 2021, 03:00 PM (UTC)
Banksy Farm Farming Launch
21 December 2021, 03:00 PM (UTC)
Block Countdown
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Official Partners

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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.

  • What do the risk ratings mean?

Our mission here at RugDoc is to screen for hard rug code that results in 100% theft of ALL underlying funds for ALL participants.

This is the ONE part of the due diligence process that most people cannot simply do on their own as it costs thousands of dollars to hire a senior solidity developer to look over a farm for safety.

A project coin with terrible code can go up in price, and a project with good code and a good team can also go down in price.

Do NOT use our ratings to refer to your likelihood in making money if you invest in the project. They are ONLY in reference to code safety.

Everything else beyond code safety is YOUR responsibility to go do research on. We just make sure the casino you’re betting in won’t rob you before you even get to place a bet.

Our reviews for projects are organized into a few colors.

🟢 Least Risk
These projects are the least likely to hard or soft rug. Usually reserved for cornerstone projects of an ecosystem where it makes no financial sense for them to rug in any manner as they make more money just being legit.

🔵 Low Risk
These projects are usually established projects in an ecosystem that have a track record of success or have KYC’d to us or other authoritative sources in the real world. As a result, it is extremely unlikely for them to soft rug or hard rug their projects. The projects can still fail and the token price can go down, but usually more as a result of natural market forces.

⚪️ Some Risk
This is the default rating for projects with unknown teams but have code that is unlikely to have hard rug risk. Since the team is unknown and doesn’t have a track record of success, it’s entirely possible that they may try to soft rug by dumping tokens, abandoning the project, etc. Even a last minute contract swap to a malicious contract is possible. The only thing that is unlikely is a complete hard rug as long as you are 100% sure you deposit into the contract we review.

🟠 Medium Risk
Similar to Some Risk, but the underlying code itself is custom enough or complex enough that it warrants an elevated risk rating that needs deeper research. Make sure you read every point presented to make sure you’re comfortable with that before entering. Still unlikely to hard rug, but more chances of custom code behaving incorrectly and causing other issues.

🔴 High Risk
Project contains code or practices that are HIGHLY LIKELY to lead to catastrophic losses as they are right now. Make sure you read the description carefully as we will always warn what these issues are. If you see the words Hard Rug anywhere in the review, STAY FAR AWAY!

⚫️ Not Eligible
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.

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  • How can I request for an update to my review?

🟢 For owners who have made impactful changes and would like an update to their farm review:

1️⃣ Use #update at @RugDocChat with your description and proof of changes and it will be forwarded to our scanners.

2️⃣ This does not guarantee a change in your review.

3️⃣ Owners who have difficulty solving the issues can consider our Consultation Package – please contact @BaymaxCrypto on Telegram to discuss.