Binancat on BNB Chain
Verdict: neutral.
Binancat is a verified, ownership-renounced ERC20 deployed via the FlapTaxTokenV3 framework. It features asymmetric buy/sell taxes that expire after a configurable duration, plus an anti-farmer tax period. Ownership is renounced on-chain, but the contract is upgradeable (proxy pattern with OwnableUpgradeable and Initializable), and a mint function exists - both meaningful risks despite the current renounced state. Liquidity is thin at roughly $45k.
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