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Safety and scamsIntermediate

Renounced contracts

Renouncing hands a token contract's ownership to an empty address, so owner-only admin functions can no longer be used.

What it means
It removes the owner, not what the code already does: built-in rules such as a fixed tax keep running, and a proxy admin or other admin roles can still change things.
What to watch
Whether the owner is really the zero address, whether the contract is an upgradable proxy, which other admin roles exist, and whether the liquidity is locked.
How Compass-Alpha uses it
Background only; not used in any figure on Compass-Alpha.

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