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RugDoc Review
UPDATE: Dev has consistently been selling MOON since Sep-02-2021. A new masterchef address was provided (0x946bae7a…054b), which is a clone of PikachuSwap. It’s got all the same problems as the old masterchef, including 100% deposit fees and no accounting for the transfer-tax on the MOON token so will remain High Risk.
Goose fork with withdrawal fees, identical to Pikachu Swap (and probably by the same team)
- 🚨 Hard rug code not found, but the project is High Risk for the following reason:
- 🚨 Masterchef does not account for transfer-tax on the MOON pool. This can be exploited to drain all the rewards in the contract!
- ⚠️ 100% withdrawal fees possible, please check fees before withdrawing! If in doubt, use emergencyWithdraw which has no fees
- ⚠️ Masterchef does not mint rewards. Rewards are transferred from the dev wallet instead, which means it must always have enough supply, and the dev can mint and dump at any time. Please clarify with the project on token ownership.
- ⚠️ 100% deposit fees possible
- ⚠️ Masterchef currently not behind a timelock
- ⚠️ 12% transfer tax sent straight to the dev wallet (which has consistently just been selling the token)
- Withdrawal fees are currently set at: 10% if withdrawn within 3 days of staking, 0.5% otherwise
⚠️ TRIPLE CHECK the contract you interact with matches the one reviewed here (0x946bae7a…054b)
*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.