SKY Governance Token Security Scan
Introduction
The SKY Governance Token has a trust score of 75, a trust grade of A, and a scam probability of 25%, with a notable risk of supply inflation due to the contract's ability to mint new tokens. The token is currently trending, and our on-chain security scan provides valuable insights for those considering it.
What the scan found
Our scan revealed that the SKY Governance Token has a trust score of 75 and a trust grade of A, indicating a relatively high level of security. The scam probability is 25%, which is a notable risk factor. The contract does not have a honeypot signal, and there are no buy or sell taxes. The contract is mintable, but it is not freezable, and ownership has been renounced. The contract source code is verified, which is a positive signal. The token has a liquidity depth of $194,807, but only 0% of tracked liquidity is locked. There are 14,762 holders, but the top 10 holders control 90.8% of the supply.
What this means for you
The ability of the contract to mint new tokens poses a risk of supply inflation, which could negatively impact the token's value. Additionally, the high concentration of ownership among the top 10 holders may also pose a risk. However, the verified contract source code and the liquidity depth are positive signals. It is essential to carefully consider these factors before making any decisions about the SKY Governance Token.
This analysis is based on automated on-chain data and should not be considered as financial advice. For more information, please visit the full live scan or use our free scanner to evaluate other tokens. You can also review the full token security checklist to learn more about the factors that impact token security.