🔒 Anti-Rug - Virtuals by Fred
Understand what Anti-Rug is, how it works and how to protect yourself.
Last updated
Understand what Anti-Rug is, how it works and how to protect yourself.
Last updated
Your safety net against sudden token crashes! Fred saves many users money every day 🤖🔥
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.
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.
Fred Bot’s Anti-Rug Protection uses smart tracking to help you before it’s too late:
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.
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.
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.
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.
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:
Priority Level 1: Holders with 10,000,000 $FRED or more enjoy top-tier access, ensuring the fastest response and maximum protection during potential rug-pull scenarios.
Priority Level 2: Holders with 5,000,000 to 9,999,999 $FRED receive high-priority service, guaranteeing swift intervention and robust security.
Priority Level 3: Holders with 1,000,000 to 4,999,999 $FRED are granted standard priority access, offering reliable protection and proactive measures.
After buy a fun agent, click on the Anti-Rug option to activate it.
Use the insights provided to act swiftly, stay vigilant.
Fred will auto-sell all your balance if owner approve the token for sale or a suspicious transfer.
If you sell your entire balance of a token and later buy it again, you will need to reactivate Anti-Rug for that token.
You’ll receive a detailed log message containing all the information about the auto-sell transaction.
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.
