Explain the Concept of "Rug Pull" in Relation to Mutable Contract Ownership ⎊ Path

Explain the Concept of “Rug Pull” in Relation to Mutable Contract Ownership.

A "rug pull" is a malicious act where the developers of a project suddenly withdraw all liquidity or funds from a contract, often after hyping the project. In a mutable contract, a rug pull can be executed by using the admin key to perform a malicious upgrade that changes the contract logic to include a function that allows the owner to drain the funds held by the contract.

What Is the Difference between a Soft Rug Pull and a Hard Rug Pull?

How Does a Multi-Sig Wallet Secure the Upgrade Process?

How Does a Time-Lock Mechanism Mitigate the Risk of a Malicious Upgrade?

How Does a Mutable Smart Contract Differ Fundamentally from an Immutable One in Terms of Security?

What Are the Primary Risks Associated with Deploying a Mutable Smart Contract?

What Is a “Rug Pull,” and How Does It Differ from a Vampire Attack in Terms of Malicious Intent?

What Is an ‘Exit Scam’ and How Does It Differ from a Rug Pull?

What Is a Liquidity Pool and How Is It Central to a Rug Pull?