*Paid Advertisement. Not financial advice. RugDoc is not responsible for the projects showcased here. DYOR and ape safu.
RugDoc Review
The owner contract was verified and can only mint based on the weekly farm rewards. However, after a 48 hour delay it is possible to transfer the token ownership to an EOA. Furthermore they can add a farm to the farms mapping which can mint tokens based on farm.weeklyRewards.
It should not forgot to be mentioned that it is possible to add a malicious farm contract which can therefore have a high weeklyRewards variable -> results in huge minting.
All in all, I personally do not think that they have a malicious intention for the token minting, however it needs to be mentioned.
Custom Project with several features:
For the token: currently the token owner is an unverified contract, that means there might be the possibility of minting and dumping.
– Deposits your cake into the pancakeSwap staking contract -> acts as a vault
– uses 5% to reward stakers and splits the other 95% up to a) compound cake and b) buy shitcoins (currently there are two shitcoins in the index to buy [0x59262d794262Af0FD78437DaC5263463b38FA9ff, 0x2cA25319E2E63719F87221D8bF3646F8F5dE5DED]
– The contract itself is drainable through various functions, but generally all the cake are sitting in the pancakeSwap contract
– has a 0.2-0.5% withdrawal fee (current 0.2%)
There are a few more functions like locking etc. However, this project will get obviously the not eligible risk rating since it is completely customized and we simply do not have the resources to check custom contracts like this.
We highly recommend getting a security audit by a top-tier auditor like Paladin.
*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.