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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