BOG Security Report
Security Status
Token Tax
Token Information
Security Analysis
Contract Security
Ownership Security
Trading Security
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Detailed Token Analysis
Overview
Bogged Finance (BOG) represents an emerging cryptocurrency project on the BSC blockchain network. Our thorough security analysis has revealed a well-structured token with standard security implementations and transparent trading mechanics. The token's smart contract has been verified on BscScan, providing complete code transparency and allowing for public audit of its functionality. This verification is crucial as it confirms that the deployed contract matches the published source code, significantly reducing the risk of hidden malicious functions.
Through our comprehensive examination, we've found that Bogged Finance implements a standard ERC-20 structure with several concerning security characteristics. Most notably, the contract ownership has been renounced, effectively removing any centralized control over the token's functionality.
Security Assessment
From a security perspective, Bogged Finance demonstrates concerning characteristics. The smart contract implementation shows signs of potential honeypot behavior. The absence of privileged functions, combined with the renounced ownership, creates a truly decentralized token structure where no single entity can modify the contract's behavior.
The contract's security features are particularly concerning. The presence of minting capabilities means the total supply can be increased by the owner. The presence of hidden owner privileges raises significant security concerns. External interactions are limited to standard DEX integration patterns, minimizing the attack surface and potential vulnerabilities.
Trading Environment
The trading mechanics of Bogged Finance have been designed with complex restrictions in mind. The token implements a zero-tax structure across all transaction types - no fees are charged on buying, selling, or transferring tokens. However, these tax rates can be modified by the contract owner, which requires careful consideration.
Current market metrics reveal that Bogged Finance is in its early stages of development. With a total supply of 2.39M BOG and a current price of $0.0₍5₎9618, the project maintains a market capitalization of approximately N/A. However, the trading environment presents some considerations for potential investors. The current liquidity pool stands at $7,050, with a 24-hour trading volume of $4, indicating a liquid market that could be suitable for regular trading activity.
Market Dynamics and Risk Analysis
The market dynamics of Bogged Finance present an interesting picture of an established token. With 42.96K unique holders, the token is in its distribution phase. The creator maintains a modest position of 0.000210% of the total supply, indicating no concerning level of ownership concentration.
Our analysis has identified characteristics consistent with honeypot behavior. Trading this token carries significant risks, and users should exercise extreme caution.
Trading Recommendations
Due to the identified honeypot characteristics, we strongly advise against trading this token. The risks of losing funds are significant.
Conclusion
Bogged Finance presents as a high-risk token with concerning security characteristics from a technical perspective. The renounced ownership and clean contract implementation provide a solid foundation for future development. The current market dynamics show healthy liquidity and trading activity, though standard cryptocurrency investment risks apply. We advise extreme caution and recommend against trading this token.