JPYdf Stablecoin (JPYdf)

Summary

No major red flags in our checks. That lowers the risk, it does not remove it.

• One wallet holds 16%

• Code cannot change
• Ownership renounced
• Deep liquidity ($572.9K)
• Well spread: top 10 wallets hold 22%

Not checked: The sell test has not run yet · Source code is not checked · Whether the liquidity is locked · When the token launched

Every check

• Code cannot change. Not an upgradeable proxy: the token code is fixed.
• Ownership renounced. The owner is the zero address: owner-only switches are locked forever.
• Can mint new tokens. The contract has a mint function: the owner can print more supply. (Locked, since ownership is renounced.)
• Liquidity in v3/v4 positions. This pool uses Uniswap position NFTs; lock status cannot be read like a v2 pool.
• 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

• One wallet holds 16%: Spread the supply: avoid big single wallets, and lock team tokens in vesting.