The minting authority is an address or entity granted permission to create new tokens within a token's ecosystem.
Based on the on-chain analysis, the mint authority is not set, meaning that no additional tokens can be minted beyond the current supply.
The freeze authority is a control mechanism within some token ecosystems that allows the designated authority to prevent specific accounts from transferring tokens.
Based on the on-chain analysis, since the freeze authority is not set, there is no central entity or mechanism in place to block or freeze token transfers between accounts.
Metadata provides detailed information about the token, including its name, symbol, and other descriptive elements that help users and programs identify and interact with the token.
The TATE VS ANSEM Token's metadata can be viewed on the Solana Explorer Website.
Token extensions refer to additional features or capabilities that can be integrated into a token's design, beyond the standard functionalities.
The TATE VS ANSEM token does not use the Token 2022 program, there are no extra features or extensions beyond the basic SPL token functionalities implemented.
The project TATE VS ANSEM Token uses the pre-built SPL token program (TokenkegQfeZyiNwAJbNbGKPFXCWuBvf9Ss623VQ5DA) on the Solana chain to generate fungible tokens. Unlike on the EVM-based chain, the built-in SPL token program eliminates the need to create an individual token contract/program.
Note: The SPL token program is a component of the Solana blockchain and its security ought to be ensured by Solana. Additionally, the SPL token program is an integral part of the Solana blockchain and is secured by the Solana network.
This inspection detailed the findings from a preliminary fast-track behavior and security analysis of a token that utilizes Solana's built-in program including Solana Token Program and Solana Token Program 2022. The scan aimed to verify various aspects of the token, including deployment configuration, real-time transactions, token holder distribution, and adherence to a memecoin security checklist, which may interest stakeholders looking to understand potential risks.
This document outlines the results of a preliminary fast-track behavior and security analysis and does not constitute an official security assessment. Stakeholders should proceed with a full-scale audit to understand and evaluate the token's security posture.
The scan employed automated tools capable of quickly analyzing the token based on predefined metrics and checklists. The focus was on identifying overt issues that could be readily apparent without in-depth testing.
This scanned result reflects the findings from a fast-track behavior and security analysis and should not be interpreted as a comprehensive security audit. The inspection result is limited to the following:
ID | Title | Severity |
---|---|---|
No Data |
Severity: Major
Category: Centralization
Based on the on-chain analysis, the initially minted 420690000 TATE VS ANSEM token has been transferred to the token account UFRc7T2tb9ot4wfSk3kjK3CpT9wWxw5QSMNfSGxZgLF in the transaction: 2uBXoc3NCm7Q8E4PanvBxjvt3iU1XhgsJUQxGL3Nop6hZyBihcKPj53YVLHsWDjySCZv1dxq4WdobcGggfew9Mo8
This could be a centralization risk as those accounts can distribute tokens without obtaining the consensus of the community. Any compromise to those accounts that hold undistributed tokens may allow the attacker to steal and sell tokens on the market, resulting in severe damage to the project.
Severity: Medium
Category: Volatile Market
Based on the onchain analysis, TATE VS ANSEM is launched only 0 Months 0 Days 16 Hours ago. (First mint: 2uBXoc3NCm7Q8E4PanvBxjvt3iU1XhgsJUQxGL3Nop6hZyBihcKPj53YVLHsWDjySCZv1dxq4WdobcGggfew9Mo8)Thus the token may haven't been well tested by the market and the community yet.
Severity: Medium
Category: Volatile Market
Based on the onchain analysis, there is a Raydium Authority V4 pair of TATE VS ANSEM / SOL
(liquidity token address: isTYaQ42YVR5U9VoWYYRGbi3dWnUBajsgdsuAJmAEhp) on the Raydium DEX. This liquidity pair only holds 8261909.543457
of TATE VS ANSEM, which is only 1.96% of the total supply(420690000.0
). Such low DEX liquidity may leads to dramatic price change in a short time.
This document outlines the results of a preliminary fast-track behavior and security analysis and does not constitute an official security assessment. Stakeholders should proceed with a full-scale audit to understand and evaluate the token's security posture.