On-chain security analysis — is it a scam or legit?
PolygonVikasaNetwork is a standard ERC-20 token implementation deployed on the Polygon network.
Read the full analysisEach 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
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 29, 2026
The LP tokens of the analysed pool are not locked or burned, so whoever holds them can withdraw that liquidity.
0xed28…c9eeA privileged address — the deployer, the owner, or the token contract itself — is among these holders, so that party can withdraw liquidity.
0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by the token's owner/deployer (0xed28…c9ee) — they can pull that liquidity at any moment. This is the rug-pull path. Some pools are concentrated-liquidity (V3/V4) positions; shares above are by position as GoPlus reports them.
Check the lock's end date and beneficiary on the locker's own page before relying on it.
Acknowledged
Liquidity $291 (DexScreener). 24h trading volume $0 (DexScreener, main pool). Almost nobody trades it: a sale of any size moves the price hard, if a buyer is there at all.
Size any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
Acknowledged
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.
Re-check after any contract upgrade or ownership change, both of which can alter behaviour without changing this page.
Acknowledged
The ten largest holders own 100.0% of supply. What remains: 80.0% in wallets, 19.9% in other contracts. The deployer/owner wallet itself holds 19.9%. 19 holders in total.
Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
Acknowledged
19 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.
Match the contract address against the project's official channels before trading.
Acknowledged
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 single wallet (EOA). Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $291 of DEX liquidity.
Check the project's own documentation for what the token is used for; this report covers what the contract allows.
Acknowledged
VikasaNetwork is a standard ERC-20 token implementation deployed on the Polygon network. The contract utilizes OpenZeppelin's Ownable and ERC20 libraries, ensuring standard compliance and robust base logic. No critical vulnerabilities or backdoors were identified in the transfer path or administrative functions.
The architecture follows industry-standard ERC-20 patterns using well-audited OpenZeppelin libraries. 7.1 Architecture is clean and modular, while 7.2 Code Security benefits from the use of Solidity 0.8.x, which inherently prevents integer overflows. 7.3 Access Control is limited to standard ownership management, and 7.6 External dependencies are minimal and trusted.
7.4 Economic and 7.5 Governance parameters are straightforward as the contract lacks complex staking or minting logic. The owner has no power to manipulate token balances or restrict transfers, ensuring a trustless environment for holders. The economic model relies entirely on the underlying market dynamics of the ERC-20 token.
The contract is not upgradeable, which eliminates 7.7 Upgrades risk. 7.8 Operations are limited to ownership transfer, which is handled via standard secure patterns. No proxy patterns are utilized, ensuring the code is immutable post-deployment.
The contract is secure and follows best practices for a standard ERC-20 token.
No further code changes are required for security purposes. Maintain secure custody of the private key associated with the contract owner address to prevent unauthorized ownership transfers or renouncement.
Free for any token on the record. It links to this page and always shows the current score and the date it was checked.
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
Our AI-powered scanner gives you a deeper, real-time smart contract analysis — free, with every scoring factor shown.
Get Detailed Audit
