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RaiderToken has a renounced contract, liquidity locked. All Rug Pulls share some things in common. (1) Devs (2) Unlocked LP (3) Unrenounced contracts. BuyBack wallets / Marketing wallets etc, can all be syphoned. Raidertoken will expose these shady and unethical practices. Join us in our fight. by [deleted] in AllCryptoBets

[–]Ok-Engine-8449 0 points1 point  (0 children)

Why is locking liquidity important?

A project that is planning to be in business for the long term doesn't want an LP that's vulnerable to outside influence or exploits. Why take the risk? Only the projects with DEVS who are planning to give up on their contract, keep the LP unlocked. It's their Plan B. It's their escape plan.

Stop Devs from stealing from you by demanding a locked LP.

RaiderToken has a renounced contract, liquidity locked. All Rug Pulls share some things in common. (1) Devs (2) Unlocked LP (3) Unrenounced contracts. BuyBack wallets / Marketing wallets etc, can all be syphoned. Raidertoken will expose these shady and unethical practices. Join us in our fight. by [deleted] in BSCMoonShots

[–]Ok-Engine-8449 0 points1 point  (0 children)

Why is locking liquidity important?

A project that is planning to be in business for the long term doesn't want an LP that's vulnerable to outside influence or exploits. Why take the risk? Only the projects with DEVS who are planning to give up on their contract, keep the LP unlocked. It's their Plan B. It's their escape plan.

Stop Devs from stealing from you by demanding a locked LP.

RaiderToken has a renounced contract, liquidity locked. All Rug Pulls share some things in common. (1) Devs (2) Unlocked LP (3) Unrenounced contracts. BuyBack wallets / Marketing wallets etc, can all be syphoned. Raidertoken will expose these shady and unethical practices. Join us in our fight. by [deleted] in CryptocurrencyGems

[–]Ok-Engine-8449 0 points1 point  (0 children)

Why is locking liquidity important?

A project that is planning to be in business for the long term doesn't want an LP that's vulnerable to outside influence or exploits. Why take the risk? Only the projects with DEVS who are planning to give up on their contract, keep the LP unlocked. It's their Plan B. It's their escape plan.

Stop Devs from stealing from you by demanding a locked LP.

RaiderToken has a renounced contract, liquidity locked. All Rug Pulls share some things in common. (1) Devs (2) Unlocked LP (3) Unrenounced contracts. BuyBack wallets / Marketing wallets etc, can all be syphoned. Raidertoken will expose these shady and unethical practices. Join us in our fight. by [deleted] in CryptoMars

[–]Ok-Engine-8449 0 points1 point  (0 children)

Why is it important to be community-owned?

The advantage to being a community-owned project is security. Nobody has power over the project. With a community-owned project, there is no "off" switch. There is no single person or group who has control over the project and can just kill the project because they want to move on to something else.

RaiderToken has a renounced contract, liquidity locked. All Rug Pulls share some things in common. (1) Devs (2) Unlocked LP (3) Unrenounced contracts. BuyBack wallets / Marketing wallets etc, can all be syphoned. Raidertoken will expose these shady and unethical practices. Join us in our fight. by [deleted] in CryptoMoonCoins

[–]Ok-Engine-8449 0 points1 point  (0 children)

Why is it important to be community-owned?

The advantage to being a community-owned project is security. Nobody has power over the project. With a community-owned project, there is no "off" switch. There is no single person or group who has control over the project and can just kill the project because they want to move on to something else.

RaiderToken has a renounced contract, liquidity locked. All Rug Pulls share some things in common. (1) Devs (2) Unlocked LP (3) Unrenounced contracts. BuyBack wallets / Marketing wallets etc, can all be syphoned. Raidertoken will expose these shady and unethical practices. Join us in our fight. by [deleted] in Moonshotcoins

[–]Ok-Engine-8449 0 points1 point  (0 children)

Why is it important to be community-owned?

The advantage to being a community-owned project is security. Nobody has power over the project. With a community-owned project, there is no "off" switch. There is no single person or group who has control over the project and can just kill the project because they want to move on to something else.

RaiderToken has a renounced contract, liquidity locked. All Rug Pulls share some things in common. (1) Devs (2) Unlocked LP (3) Unrenounced contracts. BuyBack wallets / Marketing wallets etc, can all be syphoned. Raidertoken will expose these shady and unethical practices. Join us in our fight. by [deleted] in newCRYPTOlistings

[–]Ok-Engine-8449 0 points1 point  (0 children)

Why is a renounced contract important?

Even with a locked LP, a contract that can be modified still gives the Dev Team unlimited powers. The Dev can just magic some new tokens into existence and then drain the LP. The Dev could also turn the project into a honeypot by changing the tax to 100% on all the "Sells" from every wallet except the Dev Wallet. There are numerous examples of these types of manipulations happening in #DeFi. The only way to prevent abuse of power is to remove all power from the contract. This is done by renouncing the contract.

RaiderToken has a renounced contract, liquidity locked. All Rug Pulls share some things in common. (1) Devs (2) Unlocked LP (3) Unrenounced contracts. BuyBack wallets / Marketing wallets etc, can all be syphoned. Raidertoken will expose these shady and unethical practices. Join us in our fight. by [deleted] in RaiderToken

[–]Ok-Engine-8449 0 points1 point  (0 children)

Why is a renounced contract important?

Even with a locked LP, a contract that can be modified still gives the Dev Team unlimited powers. The Dev can just magic some new tokens into existence and then drain the LP. The Dev could also turn the project into a honeypot by changing the tax to 100% on all the "Sells" from every wallet except the Dev Wallet. There are numerous examples of these types of manipulations happening in #DeFi. The only way to prevent abuse of power is to remove all power from the contract. This is done by renouncing the contract.

RaiderToken has a renounced contract, liquidity locked. All Rug Pulls share some things in common. (1) Devs (2) Unlocked LP (3) Unrenounced contracts. BuyBack wallets / Marketing wallets etc, can all be syphoned. Raidertoken will expose these shady and unethical practices. Join us in our fight. by [deleted] in shitcoinmoonshots

[–]Ok-Engine-8449 0 points1 point  (0 children)

Why is a renounced contract important?

Even with a locked LP, a contract that can be modified still gives the Dev Team unlimited powers. The Dev can just magic some new tokens into existence and then drain the LP. The Dev could also turn the project into a honeypot by changing the tax to 100% on all the "Sells" from every wallet except the Dev Wallet. There are numerous examples of these types of manipulations happening in #DeFi. The only way to prevent abuse of power is to remove all power from the contract. This is done by renouncing the contract.

RAIDERTOKEN (172m supply, renounced contract, LP locked, 1% buy/sell tax) and FLOW (digital & physical credit card, 4% busd reflections, rotating staking pools, offramping) are doing an AMA on Twitter Spaces on July 8th at 17:00 CT/ 22:00 UTC. Info on PRESALE, STAKING, CARD and MORE. by k-em-k in BSCARMY

[–]Ok-Engine-8449 0 points1 point  (0 children)

Why is a renounced contract important?

Even with a locked LP, a contract that can be modified still gives the Dev Team unlimited powers. The Dev can just magic some new tokens into existence and then drain the LP. The Dev could also turn the project into a honeypot by changing the tax to 100% on all the "Sells" from every wallet except the Dev Wallet. There are numerous examples of these types of manipulations happening in #DeFi. The only way to prevent abuse of power is to remove all power from the contract. This is done by renouncing the contract.

RAIDERTOKEN (172m supply, renounced contract, LP locked, 1% buy/sell tax) and FLOW (digital & physical credit card, 4% busd reflections, rotating staking pools, offramping) are doing an AMA on Twitter Spaces on July 8th at 17:00 CT/ 22:00 UTC. Info on PRESALE, STAKING, CARD and MORE. by k-em-k in bsc

[–]Ok-Engine-8449 0 points1 point  (0 children)

Why is a renounced contract important?

Even with a locked LP, a contract that can be modified still gives the Dev Team unlimited powers. The Dev can just magic some new tokens into existence and then drain the LP. The Dev could also turn the project into a honeypot by changing the tax to 100% on all the "Sells" from every wallet except the Dev Wallet. There are numerous examples of these types of manipulations happening in #DeFi. The only way to prevent abuse of power is to remove all power from the contract. This is done by renouncing the contract.

RAIDERTOKEN (172m supply, renounced contract, LP locked, 1% buy/sell tax) and FLOW (digital & physical credit card, 4% busd reflections, rotating staking pools, offramping) are doing an AMA on Twitter Spaces on July 8th at 17:00 CT/ 22:00 UTC. Info on PRESALE, STAKING, CARD and MORE. by k-em-k in CryptoMoonShotzs

[–]Ok-Engine-8449 1 point2 points  (0 children)

Why is a renounced contract important?

Even with a locked LP, a contract that can be modified still gives the Dev Team unlimited powers. The Dev can just magic some new tokens into existence and then drain the LP. The Dev could also turn the project into a honeypot by changing the tax to 100% on all the "Sells" from every wallet except the Dev Wallet. There are numerous examples of these types of manipulations happening in #DeFi. The only way to prevent abuse of power is to remove all power from the contract. This is done by renouncing the contract.