GMGN has issued a warning regarding potential contract risks in certain tokens launched on the BSC chain's FLAP platform. The organization highlighted that some tokens have implemented dynamic tax rate mechanisms, which could impose sell tax rates up to 100%, effectively blocking users from selling their tokens in certain situations. In response, FLAP has removed these tokens from the default trading pair filter list for users who have not set manual filtering conditions. GMGN advises all users trading Meme coins on FLAP to exercise caution and thoroughly understand the associated trading risks.
GMGN Alerts Users to Dynamic Tax Risks in BSC FLAP-Listed Tokens
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.