Meta Dragon City: another honeypot and variable tax function on CoinMarketCap / CoinGecko

LSR Finance
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:

  1. contract has taxes
  2. ownership is not renounced
  3. owner can set any tax rate (e.g. 99%) at any time

Stay alert and use desk.lsr.finance!

--

--

LSR Finance

We help to spot, evaluate, compare and track digital assets. We focus on long-term investments and aim to covert our expertise in easy-to-invest index products