*Paid Advertisement. Not financial advice. RugDoc is not responsible for the projects showcased here. DYOR and ape safu.
RugDoc Review
- ✅ Token Ownership renounced [tx].
- ✅ Contracts are connected to the website
- The project wanted to clarify that the 40,000 RAV in the treasury address will be used to provide liquidity from the deposit fees collected. Clarify with the project on liquidity locking or burning once it happens.
Algostable project which appears to be based on Tomb Finance project. We recommend these kind of complex projects to pass reputable audits and KYC verifications as there is a risk of governance mishandling. Before investing, we also recommend users to conduct their own due diligence checks. The codebases tend to be large and complex with various risk vectors. We are classifying the whole Project as [Not Eligible].
- ⚠️ Not KYC’d with RugDoc
- ⚠️ No reputable audits as of date
- ⚠️ Liquidity is not locked with RugDoc
- ⚠️ Not in a multisig. We highly recommend the project to use one with community members or reliable 3rd parties as an approver due to the said governance risk.
🚨 We want to be VERY clear that this review and it’s rating ONLY applies to the genesis staking contract and not the actual operations of anything that happens anytime after genesis pools 🚨
Genesis Contract Review
🚨 Token Ownership not renounced. Owner can mint & dump.- ⚠️ No liquidity yet, therefore the genesis rewards cannot be sold.
- ⚠️ Withdraw is prone to reentrancy attacks in case of vulnerable tokens.
- ⚠️ Governance can drain the contract 90 days after poolEndTime (31 Jul 2022)
- Deposit Fee: 2%
- ⚠️ Deposit Fee is uncapped but only for new pools. For existing ones, the deposit fee cannot be updated. It is recommended to make a small deposit before and check the value of the deposit fee.
- ⚠️ Token Operator = Treasury.
But this can change at any time because token ownership has not been renounced. - Preminted $RAV tokens [tx]:
- 20,000 $RAV tokens to Genesis contract.
- 20,000 $RAV tokens to Reward Pool contract.
- ⚠️ 40,000 $RAV tokens to a user wallet.
Clarify with the project the use of those tokens.See last update.
⚠️ Apparently the contract is not connected to the website yet.- ✅ Does account for transfer-tax tokens.
- ✅ TaxOffice Ownership renounced (TransferTax is set to 0%)
⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0xe33Eb5…f910)
*Paid Advertisement. Not financial advice. RugDoc is not responsible for the projects showcased here. DYOR and ape safu.
Project Type
Links
Related Events
Popular Links
For Farm Owners
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.