A well Known AlgoRand Influencer IdontLikeYourProject conducted a deep dive into our project finding alarming issues. The AlgoNALA Developer wallet has been linked with transactions associated with a “Rugged” Project. Project “RUG-me-hard” ASA have been found within the AlgoNALA Devolper wallet, this AlgoNALA wallet funded the developers personal wallet with ASA suspected of belonging to the “RUG-me-hard” developers wallet.
Developer “stick” Fangers, has been removed from the project as well as new developers wallet created ; (NEW WALLET ADDRESS); we will not allow the egregious actions of one hinder or incapacitate the vision and drive of NALA.
NALA- Bringing utility and instant liquidity back to the PRIDE!
We are proud of our pride and like how the lioness nourishes the pride through their collective strength and tactics, so does NALA!
After an internal review, we have discovered no protocol integrity issues as well as zero malicious actions taken to any coding.
Current state of affairs:
Developer associated with the Rugged Project acted out of their own volition. Since the discovery, the developer has been removed new wallet created and re-keyed.
Protocol and Code unchanged, Launch postured and pending for the final transparency report.
The external investigative team with white hat professional service availability coordination initiated.
Will continue updating through Twitter: (@algoNALA) Medium:(AlgoNALA), code and all documentations have been captured and open to public with editor rights to our Gitbook at : https://app.gitbook.com/invite/yFoyk64EqaVCmxbcyOk7/QWUHIZbf0aiRsf7RtuIB
@IdontLikeYourProject:
Cannot thank you enough for the deep dive into NALA as well as the opportunity to address our community.
For our team this is a crucial moment to demonstrate our candor and resolve. We officially invite you to conduct a secondary more invasive deep dive after the final transparency report is received from externally sourced White Hat professional examination and evaluation.
To our community:
NALA did not envision a possibility of our developer to be attributed to the current actions discovered.
Through our community the urgent inquiry directly contributed to the same day identification and mitigation!
YOU our community have shown you are part of the pride, allow NALA to show you what it means to be a PRIDE!
