Meta Dragon City: another honeypot and variable tax function on CoinMarketCap / CoinGecko
Feb 23, 2022
Another scam (tax honeypot) from CMC “biggest gainers”: Meta Dragon City
Before CoinMarketCap listing it had 15% sell tax. After it — 99% sell tax.
BUT finally there are notices about corresponding risks on CoinMarketCap & CoinGecko: The following token has a variable tax function on the smart contract — which allows contract owners to change tax rates post deployment. Please exercise your own research if you are trading this token.
In a vague words it tells that:
- contract has taxes
- ownership is not renounced
- owner can set any tax rate (e.g. 99%) at any time
Stay alert and use desk.lsr.finance!