Getting rugged means a project's founders vanished with user funds, leaving a worthless asset behind. It’s the classic crypto exit scam that turns hopeful investors into involuntary bagholders.
The textbook rug pull happens in DeFi when developers drain a liquidity pool. On AGON, the risk vector is different. You aren't providing liquidity for some anon memecoin; you are betting on sports markets. Your funds settle in USDC on Base, not a volatile new token.
The risk here is platform integrity. Could an operator run off with the treasury? Yes. That's why we aren't anonymous. AGON operates with a public team and a clear roadmap toward progressive decentralization via the Oracl3 Protocol. We build in public to build trust. Getting rekt by a platform is a valid fear for any degen—our job is to make it an irrational one here.
Avoiding a rug pull is about due diligence. It's a core survival skill. Before you ape into any project, run a basic check.
First, vet the team. Are they public or anonymous ghosts? Public teams have reputations to lose. Second, check the contracts. Audits are a minimum standard, not a guarantee. Third, observe the community. Is it authentic discussion or just bots and paid shill accounts promising a 100x?
If the tokenomics show the team holds 50% of supply with no vesting schedule, it's a red flag. Trust code and verifiable actions, not promises.
ponzi · rug-pull · scam · honeypot
