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TP-Lab / tokens

Token assets for TokenPocket
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Add deod token logo and info #10793

Closed mayureshpwr closed 1 month ago

mayureshpwr commented 1 month ago

Description : Decentrawood is a metaverse token, designed and built on the Polygon network for enhanced scalability and efficiency in virtual worlds.

TPT : https://bscscan.com/tx/0x3ad989a0ccdf4ca999621c35581e2120b5e381dd70e2b8e442cd1687afe3a41f BNB : https://bscscan.com/tx/0xd8d863f9ae338df5010e74bc1b5a8252e13f58ce7e570fac7174b1f56070eefc

opera0001 commented 1 month ago

A setting has been detected in the contract that allows for the issuance of additional tokens. This could pose a risk, so please explain its purpose.

mayureshpwr commented 1 month ago

A setting has been detected in the contract that allows for the issuance of additional tokens. This could pose a risk, so please explain its purpose.

As per the contract, Mint function logic is as follows. Maximum issuance of tokens possible (maximum supply) is 2 billion. Out of it 5% was minted at the time of deployment (1% is held by airdrop Wallet Address and 4% held by liquidity Wallet Address). There are four administrative wallet that has right to allot the tokens (admin, marketing Team Address, development Team Address, strategic Alliance Team Address) up to 10% of the maximum supply i.e 200 million . 55% of the maximum supply i.e. 1.1 billion is available for allotment against payment of the USDT through the contract. Proceeds of which is going to 2 addresses of the creator of the platform equally. Allotted tokens will be available for minting to the allotee daily i.e. each 24 hours for 3 years period as per following logic. First year 40%, second and third year 30% each of the allotted tokens. we also audited the token contract link : https://app.solidproof.io/projects/decentrawood

mayureshpwr commented 1 month ago

A setting has been detected in the contract that allows for the issuance of additional tokens. This could pose a risk, so please explain its purpose.

i have already explained the purpose so how much time it will take ?