Rug check 1.0

Unlike other Defi in general, Marxstreet created a rug check system using an AI system and combining it with a blockchain financial system.

Marxstreet provides security and comfort in exchanging tokens, so users can check the smart contract first before exchanging. So it can reduce the risk of fraud and increase vigilance in making exchanges. Cases that often occur include users being able to buy tokens but not being able to sell them (Hooneypoot), liquidity that is not locked so there is a potential for Rug pull, and many others. Not a few developers commit fraud by collecting investor funds and then leaving them. With the development of blockchain and the rise of fraud in the crypto world, Marxstreet is here to provide a solution with a rug check system by providing a security that is flexible and can be used on all blockchain networks.

Currently, the Rug Check 1.0 system only works on the Solana network.

How to Use a Rug Check

Rugcheck is a tool used to inspect and analyze All smart contracts. Currently, you can only analyze from the Solana network.

Here are the general steps to use Rugcheck:

1. Access Rugcheck Website:

   • Click on "Launch App" or open the RugCheck menu.

   • Alternatively, use software or platforms that provide Rugcheck services.

2. Find the Smart Contract:

   • Locate the Ethereum smart contract you want to examine. Typically, you can search by contract address or project name.

3. Perform Inspection:

   • Once you have identified the smart contract, choose the option to inspect or verify the contract.

4. Feature Analysis:

   • Rugcheck will analyze various aspects of the smart contract, such as its source code, owner, implemented functions, and potential interactions.

5. Evaluate Results:

   • After the analysis is complete, Rugcheck will provide results. You can assess whether the smart contract poses potential risks, contains suspicious features, or has significant security gaps.

6. Next Steps:

   • If Rugcheck identifies issues or risks, consider conducting further analysis or contacting the development team for clarification.

   • Use the information from Rugcheck to make informed decisions regarding investment or usage of the smart contract.

Always rely on reliable sources and additional information when evaluating smart contracts. While Rugcheck is a useful tool, it should not be the sole source of assessment for security or reliability of smart contracts.