Polkadot Token (DOT)

Summary

Some warning signs. Read them before you buy.

• Only 0% of liquidity locked
• Has an owner
• Can mint new tokens (long-running token with deep liquidity)

• Code cannot change
• Deep liquidity ($471.3K)
• 6 different wallets sold in 24h: selling works
• Well spread: top 10 wallets hold 1.7%

Not checked: The sell test has not run yet · Source code is not checked

Every check

• Code cannot change. Not an upgradeable proxy: the token code is fixed.
• Has an owner. 0xf68a…f62d controls the owner-only functions below.
• Can mint new tokens. The contract has a mint function: the owner can print more supply.
• Only 0% of liquidity locked. Most pool tokens are not burned or locked, so the liquidity can be pulled.
• 13 tokens use this ticker. Many tokens share this name. Always check the address before you buy.
• No description or project links. We found no description, website or social links for this token. Not a risk on its own, but it gives buyers less to check.

How it can improve

• Can mint new tokens: Revoke the mint authority so nobody can print more tokens. On Solana: spl-token authorize <MINT> mint --disable. On EVM chains, renounce the role that can mint.
• Only 0% of liquidity locked: Lock the pool tokens with a well-known locker, or burn them. Graduating from pump.fun burns them for you.
• Has an owner: Renounce ownership, or move it to a multisig with a public timelock if the team still needs it.