Quantum Audit Logo

Is Beam Safe?

On-chain security analysis — is it a scam or legit?

Is this your token? Publish your own audit on this page →

Beam BEAM
0x62d0…bfce
BNB Chain
Not verifiedThis record has not gone through deep verification and is not being monitored. The score is a dated snapshot — the token’s risk can change at any time.Own this token? Put it under verification →
Last checked today 1 audit on record
How is this score calculated? → Medium Risk
Executive SummaryAI Copilot

The BeamToken contract is an ERC-20 token implementation with standard functionalities and an AccessControl system. A key finding is the presence of a privileged minting function, which allows specific roles to increase the token supply, potentially diluting existing token holders.

2 Medium4 Informational
Volume 24h
$335.5K
Liquidity
$345.6K
Price
$0.002564
Token Age
2y
Top 10 Holders
59.1%

Security Findings

Medium

Privileged Minting Capability

CP-01The `mint(address,uint256)` function allows an address with the `MINTER_ROLE` to create new tokens. This increases the total supply, which can dilute the value of existing tokens held by other users. This means that whoever controls the `MINTER_ROLE` can decide to create more tokens at any time, potentially reducing the value of tokens you hold.
IssueThe `mint(address,uint256)` function allows an address with the `MINTER_ROLE` to create new tokens. This increases the total supply, which can dilute the value of existing tokens held by other users. This means that whoever controls the `MINTER_ROLE` can decide to create more tokens at any time, potentially reducing the value of tokens you hold.
FixEnsure that the `MINTER_ROLE` is assigned to a highly trusted entity or a multi-signature wallet. Implement robust governance procedures for any minting operations, including public announcements and time-locks if feasible, to provide transparency and community oversight.
StatusUnresolved
Medium

Liquidity not locked

QA-LIQUIDITY0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 1 address(es) other than the owner/deployer. One of them — a contract, 0xf92b…99cf — holds 100.0% and can remove that share at once; who controls it is not visible on-chain, so it is not treated as an independent provider. Some pools are concentrated-liquidity (V3/V4) positions; shares above are by position as GoPlus reports them.
Issue0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 1 address(es) other than the owner/deployer. One of them — a contract, 0xf92b…99cf — holds 100.0% and can remove that share at once; who controls it is not visible on-chain, so it is not treated as an independent provider. Some pools are concentrated-liquidity (V3/V4) positions; shares above are by position as GoPlus reports them.
FixCheck the lock's end date and beneficiary on the locker's own page before relying on it.
StatusAcknowledged
Info

Who holds the supply

QA-HOLDERSThe ten largest holders own 59.1% of supply. Of that, 3.9% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 55.1% in wallets, 0.0% in other contracts. 22,470 holders in total.
IssueThe ten largest holders own 59.1% of supply. Of that, 3.9% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 55.1% in wallets, 0.0% in other contracts. 22,470 holders in total.
FixWatch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
StatusAcknowledged
Info

Identity verified by independent sources

QA-IDENTITYListed on CoinGecko as Beam (BEAM), market cap $125M, rank #257. Traded on Binance, Coinbase. 22,470 holders. Verified by: CoinGecko, exchange listings.
IssueListed on CoinGecko as Beam (BEAM), market cap $125M, rank #257. Traded on Binance, Coinbase. 22,470 holders. Verified by: CoinGecko, exchange listings.
FixMatch the contract address against the project's official channels before trading.
StatusAcknowledged
Info

The market for this token

QA-MARKETLiquidity $348K (DexScreener, all pools). 24h trading volume $124.8M (CoinGecko, all markets, daily snapshot). 24h trading volume $336K (DexScreener, all pools). CoinGecko's record for this coin: all-time high $0.0442 on 2024-03-10; the price is now 94.5018% below it.
IssueLiquidity $348K (DexScreener, all pools). 24h trading volume $124.8M (CoinGecko, all markets, daily snapshot). 24h trading volume $336K (DexScreener, all pools). CoinGecko's record for this coin: all-time high $0.0442 on 2024-03-10; the price is now 94.5018% below it.
FixSize any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
StatusAcknowledged
Info

Asset class: Governance token

QA-PROFILEA token whose main use is voting on a protocol's decisions (delegation and vote checkpoints in its code). The class itself adds no points; the contract and market facts decide the score. Basis: CoinGecko category: Governance. Tokenomics — Supply: mintable with no on-chain cap found. Control: an owner that could not be resolved. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $348K of DEX liquidity across 7 pools. Launch: 1074 days of market history.
IssueA token whose main use is voting on a protocol's decisions (delegation and vote checkpoints in its code). The class itself adds no points; the contract and market facts decide the score. Basis: CoinGecko category: Governance. Tokenomics — Supply: mintable with no on-chain cap found. Control: an owner that could not be resolved. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $348K of DEX liquidity across 7 pools. Launch: 1074 days of market history.
FixCheck how much of the voting supply insiders hold and what governance can change.
StatusAcknowledged

Category Ratings

TechnicalLow8/10

The BeamToken contract implements the ERC-20 standard, providing core functionalities like `transfer`, `balanceOf`, and `approve`. It also incorporates `AccessControlEnumerable` for managing permissions, such as the `MINTER_ROLE`. The `mint(address,uint256)` function, restricted to this role, allows for the creation of new tokens (7.3 Access Control). The standard ERC-20 transfer path appears robust, with no direct vulnerabilities found (7.2 Code Security).

GovernanceHigh1/10

The economic model of BeamToken includes a minting capability, allowing a designated `MINTER_ROLE` to increase the total supply via the `mint` function. This introduces a potential for token dilution if not managed carefully (7.4 Economic). The `AccessControl` mechanism provides a framework for governance over these roles (7.5 Governance). The current setup gives significant control over token supply to the role holders, requiring robust off-chain governance.

UpgradesHigh2/10

The BeamToken contract is not implemented as an upgradeable proxy (7.1 Architecture). This means its logic is immutable once deployed, eliminating risks associated with upgradeability patterns such as proxy storage collisions or faulty upgrade implementations (7.7 Upgrades). However, it also means that any discovered vulnerabilities or desired feature changes cannot be addressed without a new deployment and migration.

Security Checklist

Contract VerifiedPass
Ownership Renounced?
No Mint FunctionFail
Liquidity LockedFail
Not a ProxyPass
HoneypotNoneBuy Tax0.0%Sell Tax0.0%

Holder Composition

55.1% in wallets0.0% in contracts
Effective Concentration55.1%

Share held by contracts — treasury, vesting, bridge or staking — is discounted against share held by wallets when the score is computed: a contract cannot decide to sell the way an anonymous holder can, though it can still be drained or voted to sell. Effective concentration is the figure the risk score is actually calculated from.

Liquidity Depth

Show 1 more pairShow less

The risk score reads depth across every pair. The volume figure and the volume-to-liquidity ratio elsewhere on this page describe only the pair this audit analysed, so the two are not directly comparable.

LP Distribution

Top-1 Unlocked Holder100.0%
Top-3 Unlocked100.0%

Key Addresses

Deployer
0xf4fb…62ef
Unlocked LP Held By
0xf92b…99cf

What Raised This Score

  • Owner can change any holder's balance (seize or credit tokens)
  • Mintable supply — no cap found, dilution unbounded
  • Ownership status UNKNOWN (owner could not be resolved)
  • Liquidity NOT locked (100% of the pool; this pool is 99% of DEX liquidity) — who holds it cannot be verified
  • Top-10 concentration > 50% (59.1% total → 55.1% effective; 55.1% in EOAs, 0.0% in contracts; 3.9% burned, locked or in pools excluded)

Each factor is an on-chain fact recorded at the time of this analysis. The score is computed from them by a deterministic function, so the same contract returns the same score for anyone who runs the audit. How scores are computed

Related Audits

BicatMedium Riskb-moneyMedium RiskTrust Wallet (TWT)Medium RiskINFINIT (IN)Medium RiskSTABLEMedium RiskOLYMedium Risk

Would You Like a More Detailed Audit of Beam?

Our AI-powered scanner gives you a deeper, real-time smart contract analysis — free, with every scoring factor shown.

Get Detailed Audit