Flazepad
High Risk
Fair launch token platform on BNB Chain with bonding curve mechanics and reward sharing.
1 Issues Detected
1
Centralization Risks
Flazepad is a token launchpad platform on BNB Chain consisting of three core contracts: Multicall (0x5a7c0973c0e7d4b108fecd300defd0d0d212dbce), FlazeCoinFactory (0x035260638140f4fa59abeb92d03b1c62d1a91294), and Flaze_Coin (0xf70c3d2077aa7ea2b2efb146bfb9b8fbd400af06). All contracts are controlled by EOA owners without multisig protection. The FlazeCoinFactory owner (0x647649fFc9e233D7a23349EBCcbf3bAe1B25Cc83) has the ability to replace both coin and launchpad implementation contracts at any time via updateImplementations(), which could affect all subsequently created tokens, as well as modify virtual liquidity parameters via updateVirtualLiquidity(), directly impacting token price curves. The Flaze_Coin owner (0xA9a1d94e67b3F545EEc5BE357287c6c3E9C794B9) can adjust the total tax rate up to a maximum of 25% buy + 25% sell. While all contracts are currently verified and the current coin implementation charges a fixed 0.20% fee (0.08% creator fee + 0.12% protocol fee, both defined as constants), the concentrated EOA control over critical platform parameters presents significant centralization risks. It is strongly recommended that the project adopt multisig wallets (e.g., Gnosis Safe) to manage all contracts with significant privileges, replacing the current single EOA control to reduce centralization risks and protect user assets.
Summary
High Risk
Audit
DappBay Red Alarm
List Time
Mar, 11, 2026
Chain
BNB Smart Chain