Post
Topic
Board Altcoin Discussion
Re: Renounced Contract Is a Trap
by
KiranKBS
on 03/08/2023, 06:43:02 UTC
Can you give examples of such contracts?

As far as I know, renouncing the contract ownership is mainly done to make the community trust the dev could not toy around with the project. The issue you raises is something new for me. Executing a swap function without `owner` control seems theoretically possible. So if you could share some examples, it would be good.


Do you know that some newbies didn't know that dev can still remove liquidity after contract has been renounced?
Have seen a lot like this. Contract is renounced, then people start buying, then dev remove liquidity.

Yes! Renounced != LP Burnt/Locked even after that Deployer can dump either reserved tokens from his wallet or tokens kept in Contract using the function i was referring in the post.