Review a Token Contract using QuickiTools
Quick Intel Scanner is an extremely useful tool for any user on MaxxChain, as well as several other chains which it supports. It allows the user to scan a token contract and review various items and functions from within the contract in order to make a more educated investment decision.
Users on MaxxSwap will be happy to know that the MaxxTeam has worked with AngryNinjaDev in order to embed the QuickIntel Scanner directly into MaxxSwap. Users that enter a contract to swap will automatically be provided with a scan of the token contract for their review.
Using the tool independently is quite simple: enter the token contract, select the chain, DEX and pairing and click on “Scan”.
The resulting screen will provide a vast array of analytics. Lets dive into each section.
The first section will give you basic details from the contract including the owner wallet, a link to the blockchain explorer and total supply.
The next section will provide some more important information including a honeypot test check, the tax breakdown and information about LP. Additional data can be provided if unlocked through Quick Intel.
The following section provides information on total LP and Market Cap as well as some transactional information that shows the overall movement of the token as well as its strength in terms of price.
On the right side, charting will be provided powered by DEXTools.
Below the charts, you will see a list of the top 10 wallets and their holdings. This information is important for users to understand the token distribution amongst top wallets.
The contract view allows the user to view the full contract while having some additional features that can be unlocked through Quick Intel.
Above the charts, you will find an overview of the indicators within the token sniffer. Details for each of the indicators are provided on the bottom left side of the page.
Each of the indicators have been explained below:
Renounced: Renouncing a contract indicates there is no owner, and onlyOwner actions can no longer be ran.
Has LP Locked or Burned: Locking or burning LP provides community safety to prevent owner from directly removing LP from the pool.
Verified: Verified indicates the source code of the contract has been proven and published to allow anyone to inspect.
Is Proxy: A proxy contract is a contract which delegates calls to another contract.
Potential Hidden Owner: A hidden owner allows the contract to authorize additional wallets that can perform actions even if the contract is renounced.
Can Mint: Whether the contract can create additional tokens.
Can Burn: Whether the contract has the ability to burn tokens.
Can Blacklist: Blacklisting allow the owner to add addresses to a list that prevents them from swapping or transferring.
Potential Multi-Blacklist: Similar to Blacklisting, but allows owner to perform blacklisting in bulk vs individually.
Can Whitelist: Whitelisting allows the owner to add addresses to a list that allows them to bypass any restrictions.
Can Update Taxes/Fees: Whether the trading taxes can be updated from their current amount.
Can Update Max Wallet: Whether the contract has a Max Wallet limit (maximum amount of tokens one wallet can hold), and if it can be changed.
Can Update Max Tx: Whether the contract has a Max Transaction limit (maximum amount of tokens that can be transacted in a single transaction), and if it can be changed.
Can Pause Trading: Pausing trading allows the owner to block buy/sell transactions from occurring.
Trading Cooldown: Whether the contract has a cooldown mechanism that limits the time between two transactions.
Can Update Fee Wallets: If there are taxes/fees in the contract, and they are being sent to a specific wallet. Updating fee wallets allows the owner to change the wallet receiving those taxes/fees.
Contains Suspicious Actions: If there as suspicious functions that fall outside of normalized actions.
Contains External Actions: If there are external actions that can be ran even after the contract has been renounced.
Contains Potential Code Used In Scams: If there is suspicious code that may have been used in scams on other contracts.
The above token sniffer should not be relied upon in being the only factor in making an investment decision but should be used to help provide assurance in a specific token or project. Ultimately, it is up to the user to do their own research and understand that they are they ones who make the final investment decision.
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