*Paid Advertisement. Not financial advice. RugDoc is not responsible for the projects showcased here. DYOR and ape safu.
RugDoc Review
Rebase token with incredibly high APY% similar to OHM, STASH, etc. with added reflection logic. These tokens have proven to be unsustainable in the long run due to very high levels of inflation. Invest with caution.
- 🚨 Token contract is behind an upgradable proxy, meaning contract logic can be changed at the whims of the owner
- ✅ Token Router Hardcoded (but contract upgradable!)
- ⚠️ Token not launched yet so honeypot check not eligible. Make sure this token is sellable after launch
- ⚠️ Currently no known liquidity lock. Verify with the project to make sure no liquidity rug will happen
- Anti-whale/Max TX based on current liquidity in pancakeswap
- Max Supply: 10,000,000,000 $NOVO
- PreMinted: 1,000,000,000 $NOVO (10%)
- Payout Method: Rebase (400,000% APY, distributed every 24h). Contract can also payout through burn and redistribution but both are currently set to 0%. Website claims 5% BUSD distribution, but currently set to 2%. Investors should verify BUSD rewards with team upon launch
- Auto-Liquidity: currently 0%
- Other fees: anti-dump fee 1%, Allowance fund fee 3%, bank fee 3%, capital fee 2%, jackpotfee 1%, marianatrench fee 1%
- 11% transfer tax
- Current implementation of the contract does not contain any functionality to upgrade these fee settings. Fees have to be upgraded by upgrading the proxy contract
- Other significant governance privileges: owner can blacklist any address (contracts and EOA), set the price rate and toggle dual rebase (changing rebase rewards), exclude addresses from fees, change all fee receiving addresses and remove any tokens from the contract (except for Novoos).
⚠️ Triple check the contract you interact matches the one reviewed here (0x1a5…e17)
*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.