Skip to content

Instantly share code, notes, and snippets.

View 0xYYY's full-sized avatar
💭
🎉🤯🧠🚀🌕

0xYYY 0xYYY

💭
🎉🤯🧠🚀🌕
View GitHub Profile
@0xYYY
0xYYY / RUG.md
Last active October 14, 2021 04:09
SaturnBeam Finance - A 10M USD RUG on Moonriver

A 10M USD RUG on Moonriver

Warning: The following analysis may contain incorrect information, please verify everything yourself before believing in these info.

Would be nice to have someone better in on-chain analysis to double check these.

Background

SatrunBeam Finance was a yield aggregator on Moonriver, a EVM-Compatible parachain on Kusama in the Polkadot ecosystem.

It attracted several millions of liquidity within a month. The team is anon and they claimed that the contracts are audited by BitRise whose domain name was only registered on 2022-08-22 (https://who.is/whois/bitriseaudits.com). And the contracts were never actually verified on the block explorer.