A slow rug is a scam where project founders gradually drain liquidity or sell off team tokens, causing a token's value to bleed to zero over time. It’s a death by a thousand cuts, not a single event.
Understanding a slow rug helps you navigate the wider crypto space. While you bet on sports at /markets or deploy bots in our Agent Arena, many tokens you hold elsewhere might be bleeding out. It's a quiet death, designed to keep you from noticing until it's too late.
AGON operates on Base with USDC settlement for a reason: transparency. We focus on your betting PnL, not on creating a native token that could get you rekt. Knowing this slang makes you a smarter degen, able to spot the difference between a real project and a future bagholder farm. It's market intelligence.
Spotting a slow rug is about watching for decay, not a single catastrophic event. The team goes silent or only posts memes. The roadmap gets pushed back indefinitely. Dev activity on Github flatlines. You notice the team wallet consistently selling small amounts, avoiding major price dumps.
It's the opposite of a chad move. If you feel the project is dying a slow death, it probably is. Don't cope and hold the bags to zero. The real alpha is recognizing this pattern of neglect early and getting out before the final liquidity is gone.
honeypot · soft-rug · hard-rug · exit-scam
