Is GRASS Safe? What Our Security Scan of Grass Found
Introduction
The Grass token has a trust score of 70, a trust grade of A, a scam probability of 30%, and a significant risk factor is that its mint authority is still active, allowing the supply to be inflated. Given its current trend, understanding the security aspects of this token is crucial for potential investors.
What the scan found
The on-chain security scan of the Grass token, which is based on the Solana (SPL) chain and has the address Grass7B4RdKfBCjTKgSqnXkqjwiGvQyFbuSCUJr3XXjs, reveals several key points. The token has a trust score of 70 and a trust grade of A, indicating a relatively high level of trustworthiness. However, there is a 30% scam probability, which is a significant concern. The honeypot signal is false, indicating that the token does not have a honeypot trap. The buy and sell taxes are both 0%, which means that there are no additional fees associated with buying or selling the token. The token is mintable, but it is not freezable, and the ownership has not been renounced. The contract has been verified, which is a positive sign. The liquidity of the token is $779,784, but none of it is locked, which could be a risk. There are 328,188 holders of the token, but the top 10 holders control 54.3% of the supply, which is a significant concentration of ownership.
What this means for you
For someone considering investing in the Grass token, the scan findings are mixed. On the positive side, the token has a high trust score, a verified contract, and a significant number of holders, which can indicate a strong community. The liquidity depth of $779,784 is also a positive sign. However, the fact that the mint authority is still active and that the top 10 holders control more than half of the supply are significant risks. The 30% scam probability is also a concern that should not be ignored. It is essential to carefully weigh these factors and consider the full token security checklist, available at the full token security checklist, before making any investment decisions.
This analysis is based on automated on-chain analysis and should not be considered as financial advice. For the full live scan of the Grass token, please visit the scan page. To scan other tokens, you can use our free scanner at the scanner tool.