Another one bites the Rug
The infamous “Migrator” strikes again
Just an hour or so after launch, CroissantSwap rugged with about 1M TVL.
They did it using the infamous “Migrator” that exists on many of the PancakeSwap forks. It took everyone’s staked assets and swapped them for a mock token “boo”.
This is why the Goose team has been outing the “Migrator” code so much in our previous posts. This is a blatant backdoor, we keep trying to educate everyone about it. If the contract contains the “Migrator”, it takes 0 technical skill to execute the rug.
Migrator is the number one red flag, and having no time lock is the second red flag. Never invest your money into a farm that contains the “Migrator” or is not behind a time lock.
WHAT ABOUT Goose Finance?
Goose Finance is trying to create a cleaner environment for people to yield farm. We have removed the Migrator backdoor. We cannot migrate the assets therefore your assets will be safe with us.
Our message to other yield farm devs: REMOVE THE GOD DAMN MIGRATOR! You need to help stop the spread of it which causes so much FUD for our sector.
Join Goose Finance on Telegram:
Website:
