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RugDoc Review
High Risk
Foxy Finance clone with a custom token
- 🚨 There is no site and this project appears identical to a number of other low-effort rugs including PolyEagle.farm. Until pools are added, liquidity is burned or locked, and it’s clear that the dev isn’t in a position to dump tokens and will make an effort to run the farm, this will remain High Risk.
- ⚠️ Liquidity is 100% held by the dev and can be dumped at any time
- ⚠️ 5% of all transfers sent straight to the dev address where they can dump at any time
- ⚠️ Token owner is NOT Masterchef. There is a risk of the dev minting and dumping. Please clarify with the project on token ownership.
- ⚠️ No pools have been added to the Masterchef. There is a risk of the contract being switched out.
- ⚠️ Masterchef currently not behind a timelock
- ✅ Correctly accounts for transfer taxes on any token pool
- Max 4% withdraw fees (including on emergency withdraw)
- Users will receive 20% less emissions than they expect (due to the “pending” function not subtracting the amounts sent to the dev and burned)
- 10% of emission rewards minted to the dev address
- 10% of emission rewards minted to the burn address
⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0x61BDc4A9…3b60).
Updated on 14 October 2021
*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.