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How Does Code Auditing Mitigate the Risk of a Rug Pull?

A professional code audit involves an independent security firm reviewing the smart contract for vulnerabilities, backdoors, and malicious functions, such as an unauthorized minting or withdrawal function. The audit report provides a public assurance of the code's integrity.

While not a complete guarantee, a clean audit significantly reduces the risk of an exploitable flaw used for a rug pull.

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What Is a “Rug Pull” and How Does It Relate to Contract Immutability?