BOOK OF RUGSPrice

(BOOK OF RUGS)

BOOK OF RUGS ($BOR) is a community-driven digital media and educational hub native to the Base chain. Its primary mission is to empower "rugged" traders—those who have lost funds to scams—by providing tools to identify malicious on-chain activity. Operating under the mantra "For the rugged, by the rugged," the project uses visual storytelling and "Rug Reports" to educate newcomers. Beyond its meme-inspired aesthetic, the ecosystem includes a decentralized app (dApp) for staking, a governance system, and plans for a decentralized over-the-counter (deOTC) platform.

The project offers a staking system through its official dApp with dynamic yields. As of recent updates, participants can earn rewards up to 791% APY. The specific yield depends on the chosen lock duration, with options ranging from flexible pools for instant withdrawal to locked pools that offer higher multipliers. Users can also increase their rewards by earning loyalty points or participating in governance. Stakers receive "Voting Power," allowing them to influence the direction of token emissions within the protocol’s staking pools.

The BOOK OF RUGS ($BOR) token has a fixed maximum supply of 1 billion tokens, with approximately 818 million currently in circulation. Users can find the token on LBank and various decentralized exchanges within the Base chain ecosystem. To avoid fraudulent clones, the community emphasizes interacting only with official contract addresses found on the project’s main domain. LBank provides a secure platform for users to engage with $BOR as it grows its mission-driven economy.

Despite its ironic name, the project focuses heavily on transparency and scam prevention. It addresses safety concerns by conducting smart contract audits and fulfilling its mission to expose malicious actors. The project is largely community-led, featuring active ambassadors such as "JuxtaThePozer" and the "Book of Rugs Disciples." While the team acknowledges the standard risks inherent in DeFi, such as potential smart contract bugs, they frequently participate in ecosystem events to demonstrate their commitment as "good actors" in the crypto space.

The Rug Report is a cornerstone of the project’s educational content. It is a recurring analysis series that scrutinizes other tokens to determine their safety and legitimacy. By acting as a "Consumer Reports" for the meme coin world, these reports help users identify technical and social red flags associated with on-chain scams. This allows the community to navigate the volatile market with more confidence and better technical knowledge, ultimately reducing the success rate of malicious developers.

The roadmap for 2026 focuses on the full launch of the decentralized Over-The-Counter (deOTC) platform. This tool is designed to facilitate safer trading by allowing users to exchange tokens without the high slippage or "sandwich bot" interference often found on standard automated market makers. The project also intends to expand its governance features, enabling stakers to exert more control over the ecosystem's growth. By evolving from a media hub into a suite of functional security tools, the project aims to set a new standard for community-led safety.