Found a crazy new yield farm, is it a rug or are we eating good tonight?

[sergal]

Stumbled upon this new protocol offering insane APYs and the TVL is pumping like crazy right now. I'm tempted to ape in but the contract isn't audited yet, so I'm paranoid it's a rug waiting to happen. Anyone else take a look at this or are we staying safe?

 

[Cuba.]

I'm skeptical of anything that promises 100% APY, I've seen those yield farms blow up in our faces before. That being said, the dev seems active and responsive on their Discord, so maybe it's not a complete rug. Has anyone looked into their code and vetted the smart contracts?

 

[fzrtrueno]

i've been keeping an eye on this farm too, the yields are indeed insane, but i've seen the team's road map and they seem legit, plus they're audited recently too, so fingers crossed it's the real deal

 

[Jeff1973]

I've been digging into the smart contract and it seems legit but always better safe than sorry, maybe we can get some more eyes on it before investing. Been following some other yields from the same dev and they've all been relatively stable.

 

[vsu2all]

If the APY looks too juicy, it’s probably a rug waiting to happen, fam. Drop the contract address so we can check if the liquidity is locked.