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About BIBIBI Daily Digest Privacy & Account Security

For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms4 shown

rug pullA scam in which a project team attracts buyers and then suddenly removes liquidity from the token pool, causing the price to collapse rapidly.
Hard Rug PullA rug-pull method that embeds malicious mechanisms such as sell restrictions, unlimited minting, or direct fund withdrawal into a smart contract in advance.
Rug Pull ScamA scam in which project developers attract funds from investors, then abandon the project and abscond with the funds or liquidity.
Soft rug pullAn exit scam in which the team does not rely on malicious code but instead quickly sells a large amount of the tokens it holds, causing the price to crash.

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Definition

Hard Rug Pull

A rug-pull method that embeds malicious mechanisms such as sell restrictions, unlimited minting, or direct fund withdrawal into a smart contract in advance.

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