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Turtle Swap

Arbitrum

RugDoc Review

High Risk

Goose fork

  • 🚨 Hard rug code not found, but the project is High Risk for the following reason:
    • 🚨 A misconfigured (or malicious) reward contract can block deposits, regular withdrawals, and even emergency withdrawals. None have been implemented at the time of this review.
  • ⚠️ The token contract uses role-based access. Dev has renounced his admin and minter roles [tx1 | tx2]. Dev has also transferred ownership to a 24hs timelock [tx]. ⚠️ This, in turn, gives the admin role to the Timelock contract. ⚠️⚠️ Dev can recover the admin role through the timelock and grant himself the minter role again and dev can mint and dump.
  • ⚠️ The dev still maintains his Pauser role which gives him the possibility to pause the Token contract. This would block both sales, regular transfers, harvests and regular withdrawals.
  • ⚠️ 460K tokens have been pre-minted:
    • 20K have been pre-minted to the developer. Half has been used to add liquidity (tx). The rest is still in possession of it.
    • 90K have been pre-minted to a vesting contract that will start releasing in 23 days (tx).
    • 350K have been pre-minted to another vesting contract that will start releasing in 6 months (tx). ⚠️ These, unlike the previous one, will be fully released at the time of release.
  • ⚠️ The owner can freely modify the percentage that is assigned to him from the generated rewards. It can be up to 100%, so the user would not receive anything when claiming them.
  • ⚠️ 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
  • ⚠️ Masterchef currently not behind a timelock
  • ⚠️ Project appears to be using its own router which seems to be a fork of PCS router (swap fee 0.3% – the swap fee can be modified individually for each pair, but in the router it is fixed at 0.3%, which can cause an inconsistency between both contracts in the event of a modification). Ensure that you perform a small test transaction first and check that the Router contract matches the one (0xb35485…178e)
  • ✅ Max 10% deposit fees.
  • ✅ Correctly accounts for transfer taxes on any token pool.
  • No harvest lockups at the time of this review (max 14 days).

⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0xd5be49…c6c7)

Updated on 21 December 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.