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How to Check for the Maximum Withdrawal and Deposit Fees of a Farm (BSC)

You don’t want to deposit your funds in a pool, just to find out later that you had to pay extra deposit fees. In this guide we will show you how to check for the maximum deposit (and withdrawal) fee of a pool on the Binance Smart Chain.

Step 1. Find the MasterChef contract #

The first thing we need to do is to open the MasterChef contract. Usually, you can find this contract either on the docs page of the farm or via our website rugdoc.io. If you are not sure where to begin then please check our guide on how to find MasterChef contracts.

Step 2. Open the MasterChef contract #

Open the BSC block explorer and paste the MasterChef contract address in the search field and click search. In this guide we are using Secure Swap’s MasterChef contract.

Step 3. Read the MasterChef contract #

Once you have opened the MasterChef contract, it’s time to search for the maximum deposit and withdrawal fee. Click on the ‘Contract’ button. Then, click ‘Read Contract’.

What we need to do next is to search for the maximum deposit and withdrawal fee of a specific pool. Scroll through the contract until you find the ‘poolInfo’ section.

Now, in order to find the maximum fee of the pool of interest, we need to find the pool ID (PID). You can find your PID by reading this guide. Once you have find your PID, fill it in the ‘poolInfo’ section. The maximum deposit fee of the pool used in this example is 400 BP, which is equal to 4%.

Step 4. Find the maximum deposit and withdrawal fee of the farm #

If you are interested in what the maximum deposit fee or withdrawal fee of the complete farm is, click on the ‘Code’ button.

Scroll down until you find the ‘Contract Source Code’ section. Click inside the code window and press Ctrl+F to open the search box.

Search ‘fee’, ‘depositfee’, ‘withdrawalfee’ or’BP’ and press enter to go through the contract until you find a line that has a value, either in BP or %, behind the keyword you have searched for. In the case of Secure Swap, the maximum deposit fee is 5%.

Awesome! You have succesfully found both the fees of a specific pool of a farm ánd the maximum fees of the complete farm!

Updated on September 13, 2021

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.