What Does the Risk Gauge Represent?
The gauge analyzes several aspects of a token, including:
Mintable: Can new tokens be created?
Freezable: Can transactions be frozen?
Renounced Ownership: Is the contract ownership renounced?
Top 10 Holders: The percentage of tokens held by the top 10 holders.
Risk Levels
Green Zone: No significant security issues detected.
Orange Zone: Medium risk; proceed with caution.
Red Zone: High risk; investing is not recommended.
Why It’s Important
The Risk Gauge empowers you to make informed decisions by highlighting potential vulnerabilities in a token’s structure. Always consider the gauge reading alongside other factors like market trends and personal risk tolerance.