The DERC20 contract is a standard ERC-20 implementation with added governance, voting, and vesting capabilities. The protocol relies on a centralized owner to manage inflation rates and pool access. While the code follows standard OpenZeppelin patterns, the high level of administrative control over token supply and transferability presents a significant centralization risk to token holders.
Early-stage security check — honeypot & rug-pull analysis
Is WOTF 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 DERC20 contract is a standard ERC-20 implementation with added governance, voting, and vesting capabilities.
Read the full analysis- Owner can pause all transfers
- A privileged address controls a switch that decides whether transfers go through
- Mintable supply — no cap found, dilution unbounded
- Liquidity not locked
- Top-10 concentration > 30%
Exact factors
- Owner can pause all transfers
- A privileged address controls a switch that decides whether transfers go through
- Mintable supply — no cap found, dilution unbounded
- Liquidity NOT locked (100% of the pool) — who holds it cannot be verified
- Top-10 concentration > 30% (100.0% total → 48.1% effective; 16.1% in EOAs, 80.1% in contracts; 3.8% 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
Security Checklist
as of audit · Oct 20Holders
as of audit · Oct 20, 2026- Contractstreasury, vesting, bridge, staking80.1%
- Walletsanonymous holders, free to sell16.1%
- Burnedout of circulation3.8%
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 20The 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.
Security Findings
MediumCentralized Control Over Token Supply
The owner has the authority to call updateMintRate and release, which can increase the total supply of tokens. This allows the owner to dilute the holdings of all existing token holders at their discretion, provided they stay within the 2% annual cap.CP-01
Issue
The owner has the authority to call updateMintRate and release, which can increase the total supply of tokens. This allows the owner to dilute the holdings of all existing token holders at their discretion, provided they stay within the 2% annual cap.
Fix
Implement a timelock on all minting-related functions to ensure that any changes to the token supply are transparent and subject to a delay before execution.
Status
Unresolved
MediumOwner Control Over Transferability
The owner can use the lockPool and unlockPool functions to toggle the transferability of tokens. This gives the owner the power to effectively freeze liquidity or restrict trading for specific pools, which could be used to prevent users from moving their assets.CP-05
Issue
The owner can use the lockPool and unlockPool functions to toggle the transferability of tokens. This gives the owner the power to effectively freeze liquidity or restrict trading for specific pools, which could be used to prevent users from moving their assets.
Fix
Remove the ability for the owner to arbitrarily lock pools, or restrict this functionality to a decentralized governance vote to prevent potential abuse.
Status
Unresolved
InfoWho holds the supply
The ten largest holders own 100.0% of supply. Of that, 3.8% burned — not holders that can sell, so excluded from the concentration score. What remains: 16.1% in wallets, 80.1% in other contracts. The deployer/owner wallet itself holds 16.1%. 3,012 holders in total.QA-HOLDERS
Issue
The ten largest holders own 100.0% of supply. Of that, 3.8% burned — not holders that can sell, so excluded from the concentration score. What remains: 16.1% in wallets, 80.1% in other contracts. The deployer/owner wallet itself holds 16.1%. 3,012 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
3,012 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
3,012 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 $51K (DexScreener, all pools). 24h trading volume $32K (DexScreener, all pools).QA-MARKET
Issue
Liquidity $51K (DexScreener, all pools). 24h trading volume $32K (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 ProxyAdmin contract. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $51K 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: mintable with no on-chain cap found. Control: a ProxyAdmin contract. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $51K 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 · Oct 20The architecture leverages robust OpenZeppelin libraries for ERC-20 and governance features. Code security is high due to the use of well-audited standard implementations. 7.1 Architecture and 7.2 Code Security are well-implemented, though 7.3 Access Control relies heavily on a single owner address.
The economic model is controlled by the owner via 7.4 Economic and 7.5 Governance parameters. The owner can mint tokens up to a 2% annual cap, which impacts holder value. 7.6 External dependencies are minimal, but the owner's ability to pause pool transfers creates a potential liquidity risk.
The contract is not upgradeable, which eliminates 7.7 Upgrades risk. 7.8 Operations are handled through direct function calls by the owner. The lack of proxy patterns ensures immutability of the core logic.
To improve security, consider transitioning the ownership to a multi-signature wallet or a decentralized governance contract to mitigate the risks associated with a single point of failure.
Additionally, implementing a timelock for sensitive administrative actions like minting or pool locking would provide transparency and protection for token holders.
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.
- Oct 20, 202664Medium
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
Would You Like a More Detailed Audit of WOTF?
This token is brand new. Run a deeper AI-powered analysis of the contract code — free and instant.
Get Detailed Audit Is this your token? Publish your own audit on this page