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

Swift Finance

Avalanche

RugDoc Review

Low Risk
RugDoc KYC
UPDATE

UPDATE:

  • ✅ Main Masterchef is now behind a 48-hour timelock
  • ✅ SWIFT Pools Masterchef is now behind a 48-hour timelock
  • Referral links are now available to retrieve via front-end.

UPDATE #2:

  • Main Masterchef and SWIFT Pools Masterchef timelock delay change to 21600 or 6-hours was queued due to a community decision

RugDoc KYC: Project owner has KYC’d to us, and has signalled his transparency and commitment to this project. We have also confirmed that the deployer wallet is owned solely by the project owner, and that he alone has access to deposit fees.

PolyYeld fork

Main Masterchef

  • ⚠️ Masterchef can mass update pools that would be retired by updating its allocation points to 0 and can trigger a forced return of all user funds for inactive pools. This process can be used prematurely in pools with deposit fees, and can unexpectedly induce investor losses.
  • ⚠️ Masterchef uses per-block emissions instead of per-time. This is an antipattern on the Avalanche network.
  • ⚠️ Masterchef currently not behind a timelock
  • ⚠️ Token owner can be changed by the Masterchef as its owner. There is a risk of the dev minting and dumping. Please clarify with the project on token ownership.
  • ⚠️ Does not support deflationary/transfer-tax token pools, just clarify with project that none will be added
  • ✅ Max 4% deposit fees
  • Token max supply of 100,000 units
  • 1/10th of emission rewards minted to dev address
  • 2% referrals however, front end still has no interface to retrieve referral links.
  • Masterchef deducts 10% to the pending rewards and commission upon successful deposits for the dev rewards.
  • Masterchef does not deduct 10% to the pending rewards on user withdrawal or harvesting

SWIFT Pools Masterchef (0x081F…e1F1e)

  • ⚠️ Owner can do an emergency withdraw on the remaining reward tokens allocated for distribution to users
  • Staking native tokens to earn different tokens. Similar mechanics to PolyPup’s dividend pools.
  • Owner can retrieve excess staked tokens where it should compare balance of stake tokens in contract vs. staked by users

⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0x9A0…1E9aC6)

Updated on 1 October 2021

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

Project Type

Farm, Token

Links

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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.