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minu

MINU

Identified risky by Red Alarm

Minu is the first mining dog coin on Binance Smart Chain.

High Risk

2 IssuesDetected

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Risk Detail

Ponzi Scam

The contract 0x0754088499311a3FC2A9D2B759Dab2b6c0dB4A15 on the BSC chain has ponzi scam features. Once an investor buys it, the principal cannot be withdrawn directly, and can only be sold by dividends and dynamically calculated shares.
The returns of early investors are paid by the investment funds of later investors.

Centralization Risk

For the contract 0x0754088499311a3FC2A9D2B759Dab2b6c0dB4A15 on the BSC chain, the privileged role owner can set tradingState variable, and if this value is set to 0, then investors other than the owner cannot trade with each other. The current owner is an EOA 0x4a68Bbe00cae1581E22Ae04E2a835Ec0391d1bb3, so there is a serious risk of centralization.

Audit

DappBay Red Alarm

Risk Level

High Risk

List Time

Apr, 12, 2024

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