🔒 Anti-Rug - Virtuals by Fred

Understand what Anti-Rug is, how it works and how to protect yourself.

Your safety net against sudden token crashes! Fred saves many users money every day 🤖🔥

Anti-Rug Approved - Auto-Sell

What is Anti-Rug Protection?

Anti-Rug Protection is a security feature designed to safeguard users from "rug pulls," a type of scam where developers abandon a token project, taking investors' funds and leaving them with worthless tokens. These scams often happen suddenly, leaving users with no time to react.

Why Do Rug Pulls Happen?

  • Lack of transparency: Unscrupulous developers hide intentions behind the project.

  • Centralized liquidity: Developers control most of the token’s liquidity pool.

  • Hype over fundamentals: Users invest based on social media buzz rather than solid research.

How Fred Bot Protects You

Fred Bot’s Anti-Rug Protection uses smart tracking to help you before it’s too late:

  1. Real-Time Monitoring

    • Detect unusual activity in token contracts.

    • Insights about the token’s developer.

    • Auto-sell your holdings before the dev approves the token for sale or transfers the balance to another wallet.

  2. Token-Specific Protection

    • Each monitored token is isolated to ensure precise and secure tracking.

    • Each user can manage the activation and deactivation of Anti-Rug Protection for specific tokens, providing full flexibility.

    • This feature is available for Fun Agents.

  3. Limitations

    • Anti-Rug Protection is currently in its Beta Stage and only available to $Fred token holders.

    • Protection may not guarantee full avoidance of losses if the rug pull happens extremely quickly.

Requirements:

  • You need to hold at least 1,000,000 $Fred token in your bot wallet to activate the feature. (These values ​​are subject to change).

  • To activate Anti-Rug Protection for a specific token, your balance for that token must be greater than zero.

Anti-Rug Priority Access

Holders of $FRED tokens gain exclusive access to the Anti-Rug Protection Service, the service prioritizes users based on the number of $FRED tokens held, with three priority levels:

  1. Priority Level 1: Holders with 10,000,000 $FRED or more enjoy top-tier access, ensuring the fastest response and automatic Anti-Rug activation, ensuring maximum protection during potential rug-pull scenarios.

  2. Priority Level 2: Holders with 5,000,000 to 9,999,999 $FRED receive high-priority service, guaranteeing swift intervention and robust security.

  3. Priority Level 3: Holders with 1,000,000 to 4,999,999 $FRED are granted standard priority access, offering reliable protection and proactive measures.

How to Use Anti-Rug Protection:

If you have Priority Level 1, you can enable automatic Anti-Rug protection through the /agent menu. This means that every time you buy a fun agent, Anti-Rug will be automatically activated ✅

For Priority Levels 2 and 3, Anti-Rug must be activated manually for each token.

  1. After buy a fun agent, click on the Anti-Rug option to activate it.

  2. Use the insights provided to act swiftly, stay vigilant.

  3. Fred will auto-sell all your balance if owner approve the token for sale or a suspicious transfer.

  4. If you sell your entire balance of a token and later buy it again, you will need to reactivate Anti-Rug for that token.

  5. You’ll receive a detailed log message containing all the information about the auto-sell transaction.

Important Notes

Make sure you have enough ETH in your wallet to cover gas fees as a priority when using Anti-Rug Protection.

It is necessary to control the anti-rug by token in the initial phase, because if there are many active users for the same token, early users may benefit while later users could be adversely affected!

Anti-Rug Protection is a tool to assist you in identifying potential risks. It cannot replace your responsibility to do your own research (DYOR) and exercise caution while trading.

Last updated