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RugDoc Review

Medium Risk
UPDATE

UPDATE:

  • The roles of Minter and Pauser have been renounced [tx1 | tx2]. But the admin role is still held by the developer. For the latter, there is the possibility that the previous roles will be granted again to any user address. At the moment, they only have the Minter role: the Masterchef, the Token itself, the vault mentioned in the original review and a new vault deployed a few hours ago (which contains the same code as the previous one).

Panther fork without referrals.

  • ⚠️  Reward token implements role-based access control (minter, pauser, rescuer, take fee, router). One of which provides the ability to minting it (Minter role). At the moment, there are at least 2 addresses with this role: Masterchef and the dev wallet. There is a risk of the dev minting and dumping. Please clarify with the project on minter assignments.
  • ⚠️ Reward token transfers can be paused at any time by a user with pauser role, which in this case is the dev wallet.
  • ⚠️ 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.
  • Router forked Uniswap 0.3% swap fee
  • ⚠️ Masterchef currently not behind a timelock.
  • ✅ Max 10% deposit fees.
  • ✅ Correctly accounts for transfer taxes on any token pool.
  • An extra 10% of emission rewards are minted to the dev address.
  • Masterchef uses an operator role for emission rate update and allocation point update.
  • Token rescuer role can retrieve any tokens that are in the token contract
  • 8 hr harvest lockups (max 14 days) for non native pool (this doesnt show in the webpage).
    • Vaults:
      • No deposit fees.
      • 15 seconds harvest lockups
      • Deposit locks of 0, 7 and 30 days, which will be reset after any new user interaction (new deposits, harvest, withdrawals)

⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0xB9fb2a…7206).

Updated on 21 February 2022

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

Project Type

Farm, Token, Exchange

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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.