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RugDoc Review
UPDATE: Project has redeployed their genesis contract and now has an address of: 0xa383…8045.
- ✅ No Transfer Tax on Native Token
- ✅ Token Operator = Treasury
- ✅ Genesis Contract ownership has been renounced.
- ✅ Initial liquidity of 92.88 HOST-DAI.e Joe LP tokens have been burned (Txn Hash: 0xd904…daf3)
- Token Owner can now only change the oracle used by the native token.
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].
- ⚠️ No reputable audits as of date
- ⚠️ Liquidity is not locked with RugDoc
- ✅ KYC’d with RugDoc
- ✅ The project uses a custom multisig for their DAO address.
🚨 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
- ⚠️ Does not account for transfer-tax tokens.
- ⚠️ Majority of the liquidity is staked in the masterchef and can be removed at any time.
- ✅ Function governanceRecoverUnsupported removed
- ✅ Max 2% Deposit Fee
- Genesis is running for 3 days
🚨 Transfer Tax of the Native Token can be set to 100% which would block all transfers🚨 Token Operator is a wallet which can mint & dump🚨 Token Ownership not renounced. Owner can mint and dump.⚠️ Dao address can be set to the zero address, which would block harvests⚠️ Reentrancy guard can be toggled and may expose certain functions to reentrancy if disabled.⚠️ Deposit fees are not properly notified on the staking page. Deposit Fee is currently at 2%. Deposit fees can be turned on/off by the owner.
⚠️ TRIPLE CHECK the contract you interact with. Make sure it matches the one reviewed here (0x4adf2b…A95f / 0xa383…8045).
*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.