Rug Pull

A rug pull is a type of scam where developers abandon a project and take their investors’ money.


What Does an Unruggable Project Mean?

In order for a project to be deemed “unruggable,” it means that there aren’t a significant amount of tokens help by the development team. Without the signature large amount of team-held tokens that could be taken in a rug pull or exit scam, a project could be considered unruggable.

Another way to think about an unruggable project is if the team renounces ownership of any tokens, like tokens they would have acquired during a presale.