RNDR Security: Render Token Scan Results
Introduction
The Render Token has a trust score of 85, a trust grade of AA, a scam probability of 15%, and the most significant risk factor is that the top 10 holders control 93.7% of the supply, indicating a potential lack of decentralization. It is currently trending, with many people searching for information about this token.
What the scan found
The scan of the Render Token, which is an ERC-20 token on the Ethereum blockchain, found several key points. The token has a trust score of 85 and a trust grade of AA, indicating a relatively high level of trustworthiness. The scam probability is 15%, which is relatively low. The honeypot signal is false, indicating that the token does not have any honeypot functions. The buy and sell tax percentages are both 0%, meaning that there are no taxes on buying or selling the token. The token is not mintable and not freezable, and the ownership has been renounced. The contract source code is verified, which is a positive signal. The liquidity is $216,782, but only 0% of the tracked liquidity is locked, which is a risk factor. There are 92,916 holders, but the top 10 holders control 93.7% of the supply.
What this means for you
For someone considering investing in the Render Token, the scan results indicate that the token has some positive signals, such as the verified contract source code and the large number of holders. However, the high concentration of ownership among the top 10 holders and the lack of locked liquidity are significant risk factors. It is essential to carefully evaluate these factors before making any investment decisions. For more information on evaluating token security, see the full token security checklist.
This analysis is based on automated on-chain analysis and should not be considered as financial advice. For the full live scan of the Render Token, see the scan results. To scan other tokens, use our free scanner.