PAWSINU on Base
Verdict: risky.
PAWSINU is a tax-enabled ERC20 token built on an upgradeable proxy pattern (FlapTaxTokenV3) with owner-controlled migration states and a mint function. Ownership is not renounced, and the owner can start/finalize migrations, adjust pool states, and mint new tokens. Liquidity is very low at roughly $10.7k, making it easy to manipulate price. The contract source is verified, which is a positive, but the combination of mint capability and active ownership is a meaningful risk.
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