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RugDoc Review
*UPDATE* There was a botched launch.
Currently we dont know the exact details of what happened with Vulture swap. We are currently discussing ways with third parties regarding recovering funds but this is a constantly evolving scenario and you’ll need to stay patient with us.
From what we know, An exploit of ~$500k just occured on VultureSwap, Cronos. A bug in their code allowed a user to mint all tokens and dump them for $500k. The USDC has been sent to the crypto.com deposit address 0x90F9370907B03B579f05581b2436636f23198BA5, this wallet must be frozen temporarily to allow recovery of these funds.
The following recommendation has been put out by Paladin: https://t.me/RugDocChat/357066 and unfortunately whether deliberate or not, this was not implemented which alludes us to the idea that this might be an exploit.
In the interim if you are still in vultureswap, we would recommend you Emergency withdraw and break your LP’s using our tools below. Please also revoke access using Debank or similar.
1. LP Breaker (https://rugdoc.io/lp-breaker/)
This tool helps in breaking your Liquidity Pair back into its original components.
2. Emergency Withdrawal (https://rugdoc.io/emergency/)
This tool helps to emergency-withdraw directly from the masterchef contract.
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Victims chat: https://t.me/VSvictims
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 the fees.
Goose fork Masterchef
- ⚠️ Masterchef currently not behind a timelock
- ⚠️ Pending rewards will continue accumulating once max supply is reached, but none will actually be harvestable
- ⚠️ Only one (1) pool has been added to the Masterchef as it is still being set up.
- ⚠️ 8.9M VULTR tokens are still with the dev address for presale and liquidity.
- ✅ Correctly accounts for transfer taxes on any token pool
- ✅ The project’s Paladin audit has covered both their AMM and Yield Farm platform.
- The project have its own AMM platform which appears to be a fork of Uniswap with a modification to the fees: 0.20% swap fees. 3/4 of the fees are sent to the fee address, 1/4 are sent to LP holders.
- No deposit/withdraw fees
- An extra 12% of emission rewards are minted to the dev address
- An extra 15% of emission rewards are minted to the treasury address
⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0x4AEC2…61f82a)
More Details
RugDoc KYC: A call between one of our admins, one of our reviewers, and the dev/owner was arranged by our team. The dev/owner introduced himself and said that he’s the person behind the project. We asked him to confirm his identity with a passport, and he produced it. The image on the license bears a strong resemblance to his person. We asked him to confirm that he is the only person who has access to the developer wallet that deployed the contracts, and he confirmed it verbally and also by sending a transaction to the brand from the wallet. All of this was recorded and the developer also shared his screen during the entire transaction process.
*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.