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Uses an upgradeable proxy, which means there is a high risk of hard rugs.
That being said, it’s possible that this has a lot more mitigating factors due to the fact that it’s likely that it’s owned by or closely connected to Mdex, a cornerstone project in Mainland China / the HECO universe.
They give out single staking Mdex rewards, while Mdex phased their single staking rewards out.
If you look at a list of their partnerships, they’re mostly all Tier 1 VC’s in China, and/or the same ones that associate with Mdex, on top of having Certik audits, etc.
Burgerswap on BSC has white labeled their service for xburger as well. So not your typical low grade trash project using proxies, but technically according to our scoring system, you should use extreme caution
*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.