0xSniff

Flapcat on BNB Chain

Verdict: neutral.

Flapcat is a verified, ownership-renounced ERC20 tax token built on an upgradeable proxy pattern (FlapTaxTokenV3). It has a mint function present in the source, which is a meaningful inflation risk even with ownership renounced. Liquidity is very thin at roughly $5,800, making it easy to manipulate price. The tax mechanism includes buy/sell taxes and an anti-farmer period, adding complexity.

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