GMGN: Some tokens issued by the FLAP launchpad on the BSC chain have contractual risks, which may result in a sales tax rate as high as 100%

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According to ChainCatcher, GMGN stated on social media that it had received user feedback regarding potential contractual risks associated with some tokens issued through the FLAP launchpad on the BSC blockchain. Some tokens have dynamic tax mechanisms that can result in sales taxes as high as 100%, preventing users from selling their tokens in certain circumstances.

For users who do not manually set filtering conditions, FLAP has been removed from the default trading pair filter list. At the same time, all users who trade Meme Coin through FLAP are reminded to be vigilant and fully aware of the potential trading risks.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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