The FlapTaxTokenV3 is an EIP-1167 minimal clone implementation. The contract utilizes standard OpenZeppelin upgradeable libraries for initialization but functions as an immutable clone post-deployment. The protocol features a migration mechanism controlled by the owner that transitions the token state between bonding curve, migration, and tax-enforced modes. No critical vulnerabilities were identified in the provided source analysis.

Early-stage security check — honeypot & rug-pull analysis
Is BTC18 a Scam?
Not verified
This 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 →The FlapTaxTokenV3 is an EIP-1167 minimal clone implementation.
Read the full analysis- Ownership not renounced — the owner keeps admin functions
- LP lock status UNKNOWN — the pool's LP could not be read
- Liquidity < $50k
- Top-10 concentration ≤ 20%
Exact factors
- Ownership NOT renounced — the owner keeps admin functions
- LP lock status UNKNOWN — the pool's LP could not be read
- Liquidity < $50k ($22,347 across 1 pairs — thin market)
- Top-10 concentration ≤ 20% (43.0% total → 18.7% effective; 2.5% in EOAs, 40.5% in contracts; deployer/owner holds 34.2%)
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
Security Checklist
as of audit · Nov 4Holders
as of audit · Nov 4, 2026- Contractstreasury, vesting, bridge, staking40.5%
- Walletsanonymous holders, free to sell2.5%
- Everyone else458 holders57.0%
How holder types affect the score
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.
Holder balances as recorded by the audit of Nov 4, 2026
Liquidity
as of audit · Nov 4The risk score reads depth across every pair.
Whether the LP tokens are locked could not be determined.
Security Findings
HighWho holds the supply
The ten largest holders own 43.0% of supply. What remains: 2.5% in wallets, 40.5% in other contracts. The deployer/owner wallet itself holds 34.2%. A holder that also controls the contract can sell into its own liquidity. 468 holders in total.QA-HOLDERS
Issue
The ten largest holders own 43.0% of supply. What remains: 2.5% in wallets, 40.5% in other contracts. The deployer/owner wallet itself holds 34.2%. A holder that also controls the contract can sell into its own liquidity. 468 holders in total.
Fix
Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
Status
Acknowledged
InfoNo issues identified in the reviewed source
The verified source code was reviewed and no issue rising to Informational severity or above was identified. This is a statement about the code that was read, not a guarantee: the review covers the published source only. Fact-layer checks (mint/owner authority, mint capability, holder concentration) were applied separately and feed the risk score.I-01
Issue
The verified source code was reviewed and no issue rising to Informational severity or above was identified. This is a statement about the code that was read, not a guarantee: the review covers the published source only. Fact-layer checks (mint/owner authority, mint capability, holder concentration) were applied separately and feed the risk score.
Fix
Re-check after any contract upgrade or ownership change, both of which can alter behaviour without changing this page.
Status
Acknowledged
InfoNot listed by any independent source
468 holders. Not listed by CoinGecko or any exchange GoPlus tracks. Nothing independent confirms who is behind this token, so every power its contract grants is scored at face value.QA-IDENTITY
Issue
468 holders. Not listed by CoinGecko or any exchange GoPlus tracks. Nothing independent confirms who is behind this token, so every power its contract grants is scored at face value.
Fix
Match the contract address against the project's official channels before trading.
Status
Acknowledged
InfoThe market for this token
Liquidity $22K (DexScreener, all pools). 24h trading volume $47K (DexScreener, all pools).QA-MARKET
Issue
Liquidity $22K (DexScreener, all pools). 24h trading volume $47K (DexScreener, all pools).
Fix
Size any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
Status
Acknowledged
InfoAsset class: Project token
A token issued by a project for use, governance or fundraising. Scored on its contract and market facts. The class itself adds no points; the contract and market facts decide the score. Basis: no class-specific evidence. Tokenomics — Supply: fixed — the contract has no mint function. Control: a role-controlled contract. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $22K of DEX liquidity across 1 pools. Launch: under a day of market history.QA-PROFILE
Issue
A token issued by a project for use, governance or fundraising. Scored on its contract and market facts. The class itself adds no points; the contract and market facts decide the score. Basis: no class-specific evidence. Tokenomics — Supply: fixed — the contract has no mint function. Control: a role-controlled contract. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $22K of DEX liquidity across 1 pools. Launch: under a day of market history.
Fix
Check the project's own documentation for what the token is used for; this report covers what the contract allows.
Status
Acknowledged
InfoRecently launched — less than a day of market history
The token's oldest DEX pool is less than a day old. Age is not part of the risk score — a new token is not a risky one by default — but a short history means fewer trades and holder changes behind the facts in this report.QA-RECENT
Issue
The token's oldest DEX pool is less than a day old. Age is not part of the risk score — a new token is not a risky one by default — but a short history means fewer trades and holder changes behind the facts in this report.
Fix
Re-check ownership, liquidity and holder distribution as the token matures; those are the facts that move early.
Status
Acknowledged
Analysis
AI Copilotas of audit · Nov 4The architecture follows standard EIP-1167 patterns, ensuring code consistency across clones. 7.1 Architecture and 7.2 Code Security are robust, utilizing well-audited OpenZeppelin libraries. 7.3 Access Control is correctly implemented via OwnableUpgradeable, restricting sensitive migration functions to the owner. 7.6 External dependencies are minimal and standard.
7.4 Economic and 7.5 Governance risks are centralized under the owner's control. The owner has the authority to trigger migration states, which directly impacts token tax logic and anti-farmer mechanisms. While this allows for protocol flexibility, it represents a single point of failure for users regarding economic policy changes.
7.7 Upgrades are effectively disabled due to the EIP-1167 minimal clone pattern, which points to a fixed implementation address. This provides high security against malicious logic updates. 7.8 Operations are stable as the contract state is immutable regarding its logic layer.
The protocol is secure in its current implementation. It is recommended that the owner address be transitioned to a multi-signature wallet or a decentralized governance contract to mitigate the risks associated with centralized control over migration and tax parameters.
Ensure that all future state transitions are documented and communicated to the community prior to execution.
Contract & Record
Free for any token on the record. It links to this page and always shows the current score and the date it was checked.
- Nov 4, 202633Low
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
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