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

Is SIGH Safe?

BNB Chain
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 →
Last checked Oct 20, 2026 · 1 audit on record
SummaryAI Copilot

The FlapTaxTokenV3 is a minimal clone (EIP-1167) implementation of an ERC-20 token with custom tax and migration logic.

Read the full analysis
What raised the score
  • Liquidity not locked
  • Liquidity < $50k
  • Top-10 concentration > 20%
Exact factors
  • Liquidity NOT locked (100% of the pool) — who holds it cannot be verified
  • Liquidity < $50k ($18,089 across 3 pairs — thin market)
  • Top-10 concentration > 20% (42.5% total → 23.7% effective; 11.1% in EOAs, 31.4% 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 · Oct 205 of 7 checks passed
Contract verifiedVerified
OwnershipRenounced
MintNo mint
Liquidity lockNot locked
UpgradeabilityFixed code
HoneypotNone found
Buy / sell tax2% / 2%

Holders

as of audit · Oct 20, 2026519 holders
31.4%Contracts11.1%Wallets57.5%Everyone else
31.4%Contracts11.1%57.5%Everyone else
ContractsWalletsEveryone elseBubble area = share of supply
42.5%of supply sits with the top 10 holders
  • Contractstreasury, vesting, bridge, staking31.4%
  • Walletsanonymous holders, free to sell11.1%
  • Everyone else509 holders57.5%
Effective concentrationwhat the score reads23.7%
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 Oct 20, 2026

Liquidity

as of audit · Oct 20$18.1K across 3 pairs
LP tokensNot locked

The LP tokens of the analysed pool are not locked or burned, so whoever holds them can withdraw that liquidity.

Analysed pool$18.1KShare of depth100.0%

Security Findings

6 Info
Info

No 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

Info

Who holds the supply

The ten largest holders own 42.5% of supply. What remains: 11.1% in wallets, 31.4% in other contracts. 519 holders in total.QA-HOLDERS

Issue

The ten largest holders own 42.5% of supply. What remains: 11.1% in wallets, 31.4% in other contracts. 519 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

Info

Not listed by any independent source

519 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

519 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

Info

The market for this token

Liquidity $18K (DexScreener, all pools). 24h trading volume $61K (DexScreener, all pools).QA-MARKET

Issue

Liquidity $18K (DexScreener, all pools). 24h trading volume $61K (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

Info

Asset 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: nobody (ownership renounced). Code: not upgradeable (no proxy). Fees: 2% on buy, 1.98% on sell. Market: $18K of DEX liquidity across 3 pools. Launch: 17 days 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: nobody (ownership renounced). Code: not upgradeable (no proxy). Fees: 2% on buy, 1.98% on sell. Market: $18K of DEX liquidity across 3 pools. Launch: 17 days 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

Info

Recently launched — 17 days of market history

The token's oldest DEX pool is 17 days 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 17 days 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 · Oct 20
Executive SummaryWhat the contract is and what the review found

The FlapTaxTokenV3 is a minimal clone (EIP-1167) implementation of an ERC-20 token with custom tax and migration logic. The contract ownership has been renounced on-chain, effectively disabling all administrative functions, including migration state transitions. The code follows standard OpenZeppelin patterns for token functionality and initialization. No vulnerabilities were identified in the current state.

Technical8/10Low risk

The architecture utilizes a gas-efficient EIP-1167 minimal clone pattern, ensuring consistent logic deployment. 7.1 Architecture and 7.2 Code Security are robust, leveraging standard OpenZeppelin libraries for ERC-20 and EIP-712 compliance. 7.3 Access Control is strictly defined, though currently rendered dormant by the renounced ownership. 7.6 External dependencies are minimal and well-vetted.

Governance6/10Medium risk

7.4 Economic and 7.5 Governance parameters are effectively locked due to the renounced ownership. The token logic relies on a fixed state machine that cannot be altered by any external actor. This provides high predictability for token holders regarding transfer mechanics and tax enforcement. No central point of failure exists for economic policy.

Upgrades8/10Low risk

7.7 Upgrades are impossible for this contract as it is a minimal clone with a fixed implementation address. The use of Initializable ensures that the contract state is set correctly upon deployment. 7.8 Operations are stable, as the contract logic is immutable and cannot be modified post-renouncement.

Final RecommendationWhat to do about this score

The contract is in a secure, immutable state due to the renounced ownership.

No further action is required for the current deployment. Users should verify the contract address against official documentation to ensure they are interacting with the intended clone.

Contract & Record

1 audit on record
TypeFlapTaxTokenV3
NetworkBNB Chain
Token age17d
Contract0x6b5b…7777
Deployer0x1b87…b585
Audit History
  1. Oct 20, 202635Medium

Score changes are recorded as dated snapshots — history is append-only and cannot be edited.

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