Free content for you all today. Will be going into very basic etherscan / smart contract red flags and other best practices for you to stop getting rugged, scammed, etc. Will also do a bonus post on how to mint an NFT directly through the contract next week for fun. Paid content next week will dive into the Iron Finance exploit.
I've just read this great content again, and have a few questions. Recently I made some investigation among meme coin contracts. And experienced that the contract is 100/100 on tokensniffer for a while then in becomes unsellable, and its tokensniffer points are decreased to 0/100 accordingly. Do you know how can this malicious code be detected?
How can I find contract addresses for protocols? For example Curve, as seen in the first image of this post. The image shows "granted to: 'contract address'" which is supposed to be Curve Finance, but where can I find protcol contract address to double check that it actually is?
Great post ser. Here is a contract that rugged on FTM in april. I was an unfortunate sole, due to lack of DD. However, I did follow one rule...dont put more in than you are okay loosing :). 0x15E9c797710d30fd30fd0F9098DABb8ef6a439Eb the project was called Ghost Nodes
Hi, About you last newsletter. the example of Will Smith Ino is a scam project correct? where do you see the money nflowwing out of the project into the "marketing account" and where do you see that our guy made 678$. Please explain. Thanks.
It was a meme coin, so not an outright scam per se. You can actually see the money flow on the sells of DEX trades. If you follow the marketing wallet that I posted, you can see the money flowing in
Can you you explain in some more details how the set up works. I believe things like this give followers a good insight in how exactly the market works. By the way, I loved your TERRA/LUNA analysis.
Most real tokens don't have these buy/sell taxes so it doesn't have to be focused on (I think even Safemoon, which was successful for some time had these). The summary is: if you see the buy/sell tax on "Read Contract" then if you look at "Dex Trades" on etherscan, you can see in each transaction that there is money being skimmed off each sell to the "marketing" wallet.
Just want to say Thank You, excellent informative write up that Everyone in the space should read!! Appreciate the content you post, keep up the great work! Have a great day!
Thank you for sharing such insightful article. I tried to do a similar exercise for Ethereum 2.0 deposit contract.
0x00000000219ab540356cBB839Cbe05303d7705Fa
There is no contract security audit and I also could not locate the owner to determine EOA vs. multi sig. Could you please share your thoughts on the same??
I come here again to express my gratitude for the work you have been doing and how it has contributed positively to my learning. thanks
Thanks bro
I've just read this great content again, and have a few questions. Recently I made some investigation among meme coin contracts. And experienced that the contract is 100/100 on tokensniffer for a while then in becomes unsellable, and its tokensniffer points are decreased to 0/100 accordingly. Do you know how can this malicious code be detected?
I highlighted the best practices I use. Other than that, I think there are other sites that are better about contract security scores.
Thank you very much, can you recommend something?
https://rugdoc.io/honeypot/
How can I find contract addresses for protocols? For example Curve, as seen in the first image of this post. The image shows "granted to: 'contract address'" which is supposed to be Curve Finance, but where can I find protcol contract address to double check that it actually is?
You can search Curve in etherscan, dexscreener and coinmarketcap, which will give you contract addresses. Also can find it typically in a whitepaper.
Great post ser. Here is a contract that rugged on FTM in april. I was an unfortunate sole, due to lack of DD. However, I did follow one rule...dont put more in than you are okay loosing :). 0x15E9c797710d30fd30fd0F9098DABb8ef6a439Eb the project was called Ghost Nodes
Hi, About you last newsletter. the example of Will Smith Ino is a scam project correct? where do you see the money nflowwing out of the project into the "marketing account" and where do you see that our guy made 678$. Please explain. Thanks.
It was a meme coin, so not an outright scam per se. You can actually see the money flow on the sells of DEX trades. If you follow the marketing wallet that I posted, you can see the money flowing in
Can you you explain in some more details how the set up works. I believe things like this give followers a good insight in how exactly the market works. By the way, I loved your TERRA/LUNA analysis.
Most real tokens don't have these buy/sell taxes so it doesn't have to be focused on (I think even Safemoon, which was successful for some time had these). The summary is: if you see the buy/sell tax on "Read Contract" then if you look at "Dex Trades" on etherscan, you can see in each transaction that there is money being skimmed off each sell to the "marketing" wallet.
Just want to say Thank You, excellent informative write up that Everyone in the space should read!! Appreciate the content you post, keep up the great work! Have a great day!
Thank you for sharing such insightful article. I tried to do a similar exercise for Ethereum 2.0 deposit contract.
0x00000000219ab540356cBB839Cbe05303d7705Fa
There is no contract security audit and I also could not locate the owner to determine EOA vs. multi sig. Could you please share your thoughts on the same??
I'd assume the ETH 2 deposit contract is probably fine - surprised there is no audit tho
Also how did you find that wallet is EOA or multi sig? i can't see this on my end tried how you'd mentioned this in article, thanks
Shoot me an email or DM on twitter and I can try to help you out.
Already DM you also what's the email address. thanks ?
onchainwizard@gmail.com
How did you find the marketing wallet? and also that 16% function, amazing read
It was labelled "Marketing Wallet" and then I saw it receiving the sell "tax" on each dex trade
This post must go viral!
🤯🤯🤯