DAXCoin
Identified risky by Red Alarm
DAXCoin is 100% deflationary token with a burn mechanism and will be used within DAX platform ecosystem.
Risk Detail
Backdoor Functions
The following contracts contain certain backdoor functions that can be used maliciously.
The contract 0xba80b75009ca4e5b94d97dbd9b5a550edb510c08 (BSC) has the following backdoor functions: [['backdoor', ['blocked-transfer']]].
The contract 0xba80b75009ca4e5b94d97dbd9b5a550edb510c08 (ETH) has the following backdoor functions: [['backdoor', ['blocked-transfer']]].
The contract 0xba80b75009ca4e5b94d97dbd9b5a550edb510c08 (BSC) has the following backdoor functions: [['backdoor', ['blocked-transfer']]].
The contract 0xba80b75009ca4e5b94d97dbd9b5a550edb510c08 (ETH) has the following backdoor functions: [['backdoor', ['blocked-transfer']]].
Centralization Risk
If a priviledged role is an EOA, it is more vulnerable to private key leaks and possible bad behaviour.
0xba80b75009ca4e5b94d97dbd9b5a550edb510c08 (BSC) has an EOA privileged role 0x9181837edF8bbdb8e4CA327428c6c2cFB56ccb70 (getOwner).
0xba80b75009ca4e5b94d97dbd9b5a550edb510c08 (ETH) has an EOA privileged role 0x9181837edF8bbdb8e4CA327428c6c2cFB56ccb70 (getOwner).
0xba80b75009ca4e5b94d97dbd9b5a550edb510c08 (BSC) has an EOA privileged role 0x9181837edF8bbdb8e4CA327428c6c2cFB56ccb70 (getOwner).
0xba80b75009ca4e5b94d97dbd9b5a550edb510c08 (ETH) has an EOA privileged role 0x9181837edF8bbdb8e4CA327428c6c2cFB56ccb70 (getOwner).
Transparency Issues
The project doesn't seem to have any investments or partnerships.
Transparency Issues
Lack of documentation and whitepaper.
The project's GitHub repository is empty: https://github.com/DAXCoin
The project's GitHub repository is empty: https://github.com/DAXCoin
Transparency Issues
The project doesn't have an audit report.
Transparency Issues
The entire project is only based on tokens, with no other products or value.
Audit
DappBay Red Alarm
Risk Level
High Risk
List Time
Sep, 14, 2023
Chain
BNB Smart Chain