MetaTrust Labs checked and scanned the contract address 0x0176b898e92e814c06cc379e508ceb571f70bd40 of the recently popular token $TIP. This report conducted a security assessment on the contract of the token $TIP, analyzed the key central allocation risks, functions and functions, and provided relevant security recommendations. .
The following is the content of the $TIP contract centralization risk report:
Contract address
0x0176b898e92e814c06cc379e508ceb571f70bd40
https://etherscan.io/token/0x0176b898e92e814c06cc379e508ceb571f70bd40
centralized role
- Contract owner: 0x34c6F1Ea29156ddcaEd5f9df9035195A5F279738
- Selling fee: 5%
- Purchase fee: 5%
- Tax Wallet: 0x902D9627f7cA78Eb6A8cd5368B899eE934998915 – Currently accumulated 269.7 ETH (worth $436,800)
Centralized functionality
- The contract owner has sole authority over key functions such as enabling transactions, setting fees, withdrawing funds, etc.
- enableTrading: This function allows the owner to enable trading for the contract. After enabling trading, the buying and selling of tokens is allowed. This function also sets the tradingEnabled and swapEnabled flags to true.
- excludeFromFees: Owners can use this function to exclude or include addresses from fees, which is often used to exempt certain addresses from transaction fees.
- setAuthorizedEditor: The owner can set or revoke the authorized editor status for a specific address. The authorized editor may have special permissions in the contract.
- excludeFromMaxTransaction: The owner can exclude or include specific addresses from the maximum transaction limit, this is used as an exception to setting a maximum transaction amount for certain addresses.
- setMarketMakerPair: The owner can set whether a given pair of addresses is considered a market maker trading pair, which may have different rules or restrictions compared to regular addresses.
- removeLimits: This function allows the owner to remove certain limits initiated in the contract, which may include transaction amount limits and wallet balance limits.
- send: The owner can use this function to send funds from the contract to the specified tax wallet address.
- lowerTaxes: Authorized editors can use this function to lower the fees for buys and sells, it checks if the caller is an authorized editor and the new fees are lower than the current fees.
- lowerSwapThreshold: The owner can lower the swapTokensThreshold, which determines the number of tokens in the contract required to trigger the swap operation.
- addLiquidity: The owner can add liquidity to the contract by providing ETH. This function is usually used during the initial setup of the contract to provide trading liquidity.
Token distribution
The top 4 addresses hold 80.3% of the total token supply, with the contract owner (0x 34 c 6) holding 65% of the supply.
Security advice
The owner (0x34c6) is the EOA address that holds 65% of the tokens. It is recommended to replace the owner with a multi-signature wallet contract to reduce the risk of a single address holding the majority of the supply.
About MetaTrust Labs
MetaTrust Labs is the world's leading provider of Web3 AI security tools and code audit services incubated by Nanyang Technological University in Singapore. It has the largest security research team in Asia and provides developers and projects with rich AI security tools to effectively protect projects. and contract security. Our service scope includes AI security scanning, security auditing, and security monitoring. We provide fast, accurate and effective solutions for every stage of the software development life cycle, helping builders easily develop secure Web3 applications.
