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Niob Swap

BSC

RugDoc Review

High Risk

Panther fork

  • 🚨 Hard rug code not found, but the project is High Risk for the following reason:
  • 🚨 Masterchef does not account for transfer-tax on the ANCHOR pool (PID 7). This can be exploited to drain all the rewards in the contract!
  • 🚨 They implement their own AMM, but unfortunately the router is unverified and can contain anything.
  • ⚠️ Withdrawals and harvests will fail once max supply is reached unless emissions and/or multipliers are set to zero. Users will still be able to emergency withdraw though.
  • ⚠️ Pending rewards will continue accumulating once max supply is reached, but none will actually be harvestable
  • ⚠️ 100% deposit fees possible
  • ⚠️ Masterchef currently not behind a timelock
  • ⚠️ Does not support deflationary/transfer-tax token pools other than the project’s native token, just clarify with the project that no additional ones will be added (see above).
  • Referral system of up to 10 levels, being able to define variable commissions between them. At the moment, they are only active up to level 3 with 1% for each, which can be updated up to 10%.
  • An extra 10% of emission rewards are minted to the dev address.
  • ⚠️ Transfer-tax liquidity tokens can be sent to the operator wallet (swap and liquify is not enabled at the moment). Please clarify with the project on how they plan to use this.
  • ⚠️ Token router can be changed (none have been indicated at the moment.). Please check to ensure they are using the PancakeSwap (BSC) router if set.
  • ⚠️ Anti-whale can be set artificially low, which could impede/block transfers.
  • ⚠️ Masterchef has not been excluded from anti-whale which could block harvests.
  • ⚠️ 3% transfer tax (max 50%).
  • Only 28% of the transfer tax amount is kept to add liquidity, 20% for automatic burning, 2% for reservation, and the remaining 50% is sent to the dev wallet. ⚠️ Liquidity, burn and reserve rates can be updated up to 100% of the transfer tax amount. ⚠️ It does not have a security check when updating the burn, liquidity and reserve rates, which can block transfers in the event that the sum of these rates is not equal to 100. ⚠️ On the other hand, if they are all set to 0, 100% of the transfer tax amount would be sent directly to the dev wallet. Please note that these changes can be made by the operator and not by the owner. The first is a user wallet so changes can be made at any time.
  • 5% Anti-whale (min 0.01%) although the docs indicates that it should be 0.5%.
  • 2-8 hr harvest lockups (max 14 days)

⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0xD18B23…C772).

Updated on 10 January 2022

*Paid Advertisement. Not financial advice. RugDoc is not responsible for the projects showcased here. DYOR and ape safu.

Project Type

Farm

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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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🟢 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.