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GMGN: It has been discovered that some tokens issued on the BSC on-chain FLAP launchpad have a dynamic tax rate mechanism.
On October 10th, GMGN officially announced on social media that it received user feedback and found that some tokens issued through the BSC on-chain FLAP launchpad may have contract risks. Certain tokens have a dynamic tax rate mechanism that could result in sell tax rates as high as 100%, preventing users from selling tokens in some cases. For users who have not manually set filtering conditions, FLAP has been removed from the default trading pair filter list. At the same time, all users trading Meme coins through FLAP are reminded to remain vigilant and fully recognize potential trading risks.