DeFi Rugz Whitepaper
Mission: DeFi Rugz is a decentralized trust layer for Web3, created to protect users from scams and rug pulls by incentivizing honesty, enabling slashing, and promoting transparency.
Token: $RUGZ (Fixed Supply: 1B)
- Used for staking, slashing, DAO voting, and ecosystem rewards
- 40% allocated to early community incentives
Vouching & Staking:
- Users stake $RUGZ to vouch for new projects
- Bad actors get slashed; vouching wallets lose stake
Reputation NFTs:
- ERC-1155 soulbound NFTs representing contributor trust level
- Earned by helping uncover scams or verifying honest actors
DAO & Treasury:
- Community-governed DAO using OpenZeppelin contracts
- Handles slashing, proposals, bounty allocation
Rugz Watchdog:
- AI & bounty-driven system to catch scammers early
- Scores influencers and promotes on-chain evidence-based warnings
Launch Strategy:
- Deployed on Base chain for low fees and fast settlement
- Front-end hosted on Vercel, fully open-source GitHub repo
Rugz isn’t just a token. It’s a movement. A decentralized force against fraud. We reward courage and honesty while punishing bad actors. Join us and be part of a smarter, safer, decentralized future.