The FactoryBurnMintERC20 contract is a standard burnable and mintable ERC-20 token implementation. The architecture relies on a centralized owner to manage minting and burning roles. While the code is clean and follows standard OpenZeppelin patterns, the ability for privileged addresses to mint tokens represents a significant economic risk to token holders.
Early-stage security check — honeypot & rug-pull analysis
Is Kinetiq Governance Token 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 FactoryBurnMintERC20 contract is a standard burnable and mintable ERC-20 token implementation.
Read the full analysis- Mintable supply — no cap found, dilution unbounded
- Liquidity not locked
- Top-10 concentration > 30%
Exact factors
- Mintable supply — no cap found, dilution unbounded
- Liquidity NOT locked (100% of the pool) — who holds it cannot be verified
- Top-10 concentration > 30% (99.9% total → 43.9% effective; 6.5% in EOAs, 93.5% in contracts)
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 6Holders
as of audit · Nov 6, 2026- Contractstreasury, vesting, bridge, staking93.5%
- Walletsanonymous holders, free to sell6.5%
- Everyone else32 holders0.1%
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 6, 2026
Liquidity
as of audit · Nov 6The risk score reads depth across every pair.
The LP tokens of the analysed pool are not locked or burned, so whoever holds them can withdraw that liquidity.
0x7185…02abSecurity Findings
MediumCentralized Minting Authority
The mint(address,uint256) function allows addresses with the 'minter' role to create new tokens at will. This can lead to the dilution of existing token holders' value if the minter role is compromised or misused.CP-01
Issue
The mint(address,uint256) function allows addresses with the 'minter' role to create new tokens at will. This can lead to the dilution of existing token holders' value if the minter role is compromised or misused.
Fix
Restrict the minting capability to a multi-signature wallet or a decentralized governance contract. Implement a timelock on the grantMintRole function to prevent sudden changes in administrative access.
Status
Unresolved
MediumLiquidity not locked
0.0% 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, 0x7185…02ab — 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.QA-LIQUIDITY
Issue
0.0% 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, 0x7185…02ab — 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.
Fix
Check the lock's end date and beneficiary on the locker's own page before relying on it.
Status
Acknowledged
InfoWho holds the supply
The ten largest holders own 99.9% of supply. What remains: 6.5% in wallets, 93.5% in other contracts. 42 holders in total.QA-HOLDERS
Issue
The ten largest holders own 99.9% of supply. What remains: 6.5% in wallets, 93.5% in other contracts. 42 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
InfoNot listed by any independent source
42 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
42 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 $808K (DexScreener, all pools). 24h trading volume $1.5M (DexScreener, all pools).QA-MARKET
Issue
Liquidity $808K (DexScreener, all pools). 24h trading volume $1.5M (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: mintable with no on-chain cap found. Control: a 3-of-4 multisig. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $808K of DEX liquidity across 4 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: mintable with no on-chain cap found. Control: a 3-of-4 multisig. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $808K of DEX liquidity across 4 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 6The contract utilizes well-audited libraries for ERC-20 and Ownable2Step functionality. 7.1 Architecture is modular, and 7.2 Code Security is robust with no reentrancy or overflow vulnerabilities. 7.3 Access Control is strictly enforced via modifiers, though 7.6 External dependencies are limited to standard interfaces.
7.4 Economic risk is primarily driven by the minting capability, which allows for supply inflation. 7.5 Governance is centralized under a multisig wallet, providing a balance between security and operational agility. The protocol lacks automated economic constraints beyond a hard-coded max supply.
7.7 Upgrades are not supported as this is a non-proxy contract. 7.8 Operations are handled via standard ownership transfer procedures. The lack of upgradeability ensures immutability of the core logic.
The protocol should implement a timelock controller for all privileged minting and role management functions to provide transparency and a window for community response.
Additionally, consider setting a permanent, non-upgradable max supply to mitigate long-term inflation risks.
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 6, 202657Medium
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
Frequently Asked Questions
What is the KNTQ contract address?
The Kinetiq Governance Token (KNTQ) contract on Base is 0xb80194e3868511b8f43e1d5d6e255cd9e7c3e7dd. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.
Is Kinetiq Governance Token a scam?
Quantum Audit's risk score for Kinetiq Governance Token is 57/100 (Medium risk) as of Nov 6, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Ownership: Retained; Mint: Mintable; Liquidity lock: Not locked; Upgradeability: Fixed code; Honeypot: None found; Buy / sell tax: 0% / 0%. A score is a dated snapshot of those facts, not a guarantee; each one is listed on this page.
Is KNTQ liquidity locked?
Liquidity lock: Not locked (as of Nov 6, 2026). Total DEX liquidity: $807.9K.
Who holds KNTQ?
As of Nov 6, 2026, the 10 largest holders own 99.9% of the supply across 42 holders. The Holders section on this page shows who they are by holder type.
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