Is POL Safe? What Our Security Scan of Polygon Ecosystem Token Found
Introduction to Polygon Ecosystem Token
Polygon Ecosystem Token (POL) is currently drawing attention, and we have run it through our RugShield security scanner to provide an assessment of its on-chain security.
What the scan found
The scan found that Polygon Ecosystem Token has a trust score of 37, which corresponds to a trust grade of C. The scam probability percent is 63, indicating a relatively high risk. The honeypot signal is false, which is a positive sign. There are no buy or sell taxes associated with this token. The contract is mintable and freezable, but ownership has been renounced. The contract source code is verified, which is a positive factor. The liquidity in USD is $18,549, and the liquidity locked percent is 0. There are 99,647 holders, but the top 10 holders control 80.4% of the supply.
What this means for you
Considering the findings, potential investors should be aware of the risks associated with Polygon Ecosystem Token. The high scam probability and the fact that the top 10 holders control a significant portion of the supply are notable risk factors. Additionally, the contract's ability to mint new tokens and the lack of liquidity locking are concerns. On the other hand, the verified contract source code and the large number of holders are positive signals. It is essential to carefully evaluate these factors before making any investment decisions.
This analysis is based on automated on-chain data and should not be considered as financial advice. For the full live scan of Polygon Ecosystem Token, visit the scan page. You can also use our free RugShield scanner to assess the security of other tokens.