Here are the risks of purchasing new meme tokens on ‼️"Pons"❗️:
- Misleading Initial Purchase Limit
While the UI displays that the creator can only buy a maximum of 5% initially, the actual protocol allows them to purchase even 50%.
Source:
(1) PonsLaunchFactory 0xA5aA…51fe
https://t.co/IvMDoCbCqD
(2) PonsLauncherToken 0xA94a…2573
https://t.co/oJcsu2Z0Bq
- Creator Holdings Display Error
Due to a site glitch, it is currently impossible to view the creator's holding percentage. This creates a risk of unknowingly buying a meme coin where the creator holds 50% of the supply.
- Comparison with NoxaPad
In contrast, NoxaPad prevents creators from purchasing above a certain percentage during the first hour.
@Jorge4291673570@notchadtom@theunipcs yea, arbitrum is the L2 or L3 of RH...9 months ago they were doing the testing for the chain. kitsu-2:native was the test token.