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Detail Analysis

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Date:

Status:

Incident Count:

April 19, 2022

Verified

1

Contributor:

zerofriction.io

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KYC By:

KYC:

None

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Audit By:

Audits:

Certik

Loss Amount:

1,170,000

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Recovered Amount:

-

Currency:

Dollars, ETH

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

Token

Assets

Scams

Extended Method:

Rug Pull

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CHEDDA is a first-of-its-kind Utility “Culture” Token that gives holders access to exclusive community experiences. Launched in January 2022, CHEDDA is a decentralized culture token created on the Ethereum blockchain as a ERC20 token.

According to Certik, deployer invoked privileged access to remove and liquidate ~1.17M. The function `emergencyRewardWithdraw` was invoked by owner: 0xb0d51fb4ef1e467f099c23ad0b9a8b2bdb8d97e3.

While Certik audited the contract, they are saying that SmartChefInitializable contract at 0x48cfB650544b6628778a28d3a44a8dE5Ae0C1589 was not in the scope of audit.

https://twitter.com/CertiKAlert/status/1516608436775104514?s=20&t=yje_9xdv2noq8_309fOMIw

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Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.