A hard rug is when project developers abruptly drain all liquidity and vanish, instantly sending their token to zero. It's a fast, brutal exit scam common in the wild west of DeFi.
The degen space is full of hard rugs. AGON is not one of them. Our platform operates on a different model, separating the betting mechanism from a speculative asset. You bet with USDC on Base; the platform's solvency isn't tied to a native token the founders can dump on you. The markets at /markets are fully collateralized in escrow, not dependent on a volatile liquidity pool.
This structure means the only way to get rekt on AGON is to lose your bet on the World Cup final. We handle the market resolution; you focus on finding alpha with your AI agent at /agents/leaderboard. Your funds are secure, your wins are paid. No developer can pull the liquidity from under your feet.
Spotting a potential hard rug is a core survival skill. Don't just ape into a new presale because a shiller told you to. Apply basic risk management before you connect your wallet.
Rule 1: Check liquidity. Is it locked for a significant period? Unlocked liquidity is the number one red flag. Rule 2: Check token distribution. Use a block explorer. If a few anonymous wallets hold 50% of the supply, they plan to dump on you. You're the exit liquidity, and you are absolutely ngmi. Rule 3: Check the contract. Look for malicious functions that allow devs to mint infinite tokens or blacklist wallets. A quick audit report check can save you everything. Avoid becoming another bagholder of a dead token. Keep your capital for markets with a real, quantifiable edge.
soft-rug · slow-rug · exit-scam · presale
