0xSniff

RACE on BNB Chain

Verdict: risky.

Binance Race (RACE) 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, giving the deployer significant control over pool state transitions, tax parameters, and token supply. Liquidity is very low at roughly $12,800, making it easy to manipulate price. The contract source is verified, which is a plus, but the full source was trimmed so some functions may not be visible.

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