MINDS

Risks (9)

• MediumSource code is not verifiedotherDeterministic

  The contract source is not published on the explorer, so nobody can read what it really does. The analysis relies on bytecode only.

  Evidence

  • on-chainexplorer: no verified source for 0xE9056598E2f1e9BBC2432100F12FCDfC9Ab78A0a
  • on-chaincontract.verified = false; sourceFileCount = 0
  • on-chainCreated by factory contract 0x3711ceA4feaDE896C913C68F01Eda97Cb06D1A42; tx sender 0x383c88Bd3E4161693bB8e59B65d4F0E2987d2C52
  • codePonsV2LaunchFactory.sol:L1222-L1226
    Show source

    function rescueCurveFees(address token) external onlyOwner nonReentrant {
            LaunchedToken storage launch = _launchedTokens[token];
            if (!launch.exists) revert TokenNotFound();
            PonsV2BondingCurve(payable(launch.curve)).rescueFees();
        }

  Confirmed by: facts, claude-opus-5.5, grok-4.7, gpt-5.6-sol

• MediumPons factory owner holds permanent, non-renounceable admin powersownershipAI

  The Pons V2 factory that created MINDS is owned by 0x263e…19Dd, and renounceOwnership() always reverts. This owner can change launch settings for future launches. For existing launches like MINDS it can: propose a new creator-fee recipient (3-day timelock), force a curve sweep when graduation cannot be seeded, call rescueCurveFees on the curve, and release a stuck graduation's reserves to any address after a 7-day delay. Holders have to trust the Pons protocol owner. This is a launchpad-wide power, not something the MINDS creator controls.

  Evidence

  • codePonsV2LaunchFactory.sol:L624-L632
    Show source

    /**
         * @notice Permanently disabled. An ownerless factory could never approve
         * a pairToken, adjust fee ceilings, or recover a creator's fee recipient,
         * and every launch already live would keep depending on those powers.
         * Ownership can still be handed to a new owner via the two-step transfer.
         */
        function renounceOwnership() public pure override {
            revert OwnershipCannotBeRenounced();
        }

  • on-chainlaunchpad-factory owner = 0x263ed295dAFaE1d9AAdD6E56c4B6F9f38eE019Dd

  Confirmed by: claude-opus-5.5, gpt-5.6-sol

• MediumOwner can send stuck graduation reserves to any address after 7 daysliquidityAI

  If MINDS reaches its graduation threshold but the Uniswap v4 pool cannot be seeded, the curve's quote reserves and tokens sit in the factory in the 'Swept' state. After GRADUATION_RESCUE_DELAY (7 days), the factory owner can call rescueSweptGraduation and send the whole reserve to one recipient of its choice, 'for off-chain distribution'. Limits: the owner can only force-sweep a launch that genuinely cannot be seeded (forceSweptGraduation reverts with GraduationStillViable otherwise). During the 7-day wait, anyone can call createGraduatedPool, which permanently ends this path. A healthy launch is not exposed, but in the failure case holders depend on the owner to return funds.

  Evidence

  • codePonsV2LaunchFactory.sol:L1254-L1285
    Show source

    function rescueSweptGraduation(address token, address recipient) external onlyOwner nonReentrant {
            LaunchedToken storage launch = _launchedTokens[token];
            if (!launch.exists) revert TokenNotFound();
            if (launch.phase != GraduationPhase.Swept) revert WrongGraduationPhase();
            if (recipient == address(0)) revert ZeroAddress();
    
            uint256 availableAt = launch.sweptAt + GRADUATION_RESCUE_DELAY;
            if (block.timestamp < availableAt) revert GraduationRescueTooEarly(availableAt);
    
            uint256 quoteAmount = launch.sweptQuote;
            uint256 tokenAmount = launch.sweptTokens;
            address pairToken = launch.pairToken;
    
            launch.sweptQuote = 0;
            launch.sweptTokens = 0;

  • codePonsV2LaunchFactory.sol:L1109-L1123
    Show source

    function forceSweptGraduation(address token) external onlyOwner nonReentrant {
            LaunchedToken storage launch = _launchedTokens[token];
            if (!launch.exists) revert TokenNotFound();
            if (launch.phase != GraduationPhase.NotGraduated) revert WrongGraduationPhase();
            PonsV2BondingCurve curve = PonsV2BondingCurve(launch.curve);
            if (!curve.readyToGraduate()) {
                revert PonsV2BondingCurve.NotReadyToGraduate();
            }
            if (_graduationSeedable(token, launch, curve.realQuoteReserve(), curve.tokenReserve())) {
                revert GraduationStillViable();
            }
    
            _sweepCurve(token, launch, curve);
            emit LaunchForceSwept(token);
        }

  • codePonsV2LaunchFactory.sol:L104
    Show source

    uint256 public constant GRADUATION_RESCUE_DELAY = 7 days;

  Confirmed by: claude-opus-5.5, grok-4.7, gpt-5.6-sol

• LowProtocol owner can redirect the creator fee after a 3-day noticefeesAI

  The factory owner can propose a new creator-fee recipient for any launch. After a 3-day timelock, anyone can execute it within a 3-day window. The change also redirects vested buyback tokens through the buyback vault. This affects where the 1.5% creator tax goes, not holders' balances or their ability to sell.

  Evidence

  • codePonsV2LaunchFactory.sol:L946-L957
    Show source

    function setCreatorFeeRecipient(address token, address newRecipient) external onlyOwner {
            LaunchedToken storage launch = _launchedTokens[token];
            if (!launch.exists) revert TokenNotFound();
            if (newRecipient == address(0)) revert ZeroAddress();
    
            uint256 effectiveAt = block.timestamp + CREATOR_FEE_RECIPIENT_TIMELOCK;
            uint256 expiresAt = effectiveAt + CREATOR_FEE_RECIPIENT_EXECUTION_WINDOW;
            pendingCreatorFeeRecipient[token] =
                PendingCreatorFeeRecipient({newRecipient: newRecipient, effectiveAt: effectiveAt, expiresAt: expiresAt});
    
            emit CreatorFeeRecipientChangeProposed(token, launch.creatorFeeRecipient, newRecipient, effectiveAt, expiresAt);
        }

  • codePonsV2LaunchFactory.sol:L988-L1006
    Show source

    function _setCreatorFeeRecipient(address token, LaunchedToken storage launch, address newRecipient) private {
            if (newRecipient == address(0)) revert ZeroAddress();
    
            address previousRecipient = launch.creatorFeeRecipient;
            launch.creatorFeeRecipient = newRecipient;
    
            if (launch.phase == GraduationPhase.PoolCreated) {
                memeHook.setCreatorFeeRecipient(_poolIdFor(token, launch), newRecipient);
            } else {
                PonsV2BondingCurve(launch.curve).setCreatorFeeRecipient(newRecipient);
            }
    
            // Keep the buyback vest's beneficiary aligned with the live creator
            // recipient so recovery and self-service transfers redirect vested
            // buyback tokens as well, not only immediate fee payouts.

  Confirmed by: claude-opus-5.5, grok-4.7, gpt-5.6-sol

• LowLocker and buyback vault owner can switch their authorised factoryproxy-upgradeAI

  The LP locker and buyback vault are both owned by 0x263e…19Dd and expose setFactory(address). The factory address is what is allowed to lock positions, lock token supply and change buyback creator recipients. The locker and vault sources were omitted, so it is unverified whether a replacement factory could do more, such as unlocking graduated LP. MINDS has not graduated yet, so no LP is locked today.

  Evidence

  • on-chainLP-locker fn setFactory(address) [owner] @PonsV2LaunchLocker.sol:L60-L66
  • on-chainbuyback-vault fn setFactory(address) [owner] @PonsV2BuybackVault.sol:L98-L104

  Confirmed by: claude-opus-5.5, grok-4.7 · Disputed by: gpt-5.6-sol

• LowTwo same-funder wallets hold 5.7% of supplyholdersAI

  Wallets 0x3d31…0bb8 and 0x30d8…a98e were funded by 0x5118…6f72. Together they hold 5.7005% of supply, likely one entity that could sell together. The token has only 23 holders, and the top 10 (excluding the curve) hold 24.03%.

  Evidence

  • on-chainclusters: funder 0x511808449be470efaf4131838b2d4998500a6f72, pctSupplyHeldNow 5.7005
  • on-chainholdersCount = 23; top10Pct = 24.0326

  Confirmed by: claude-opus-5.5, grok-4.7, gpt-5.6-sol

• LowLinked website is an AI agency page that never mentions the tokenwebsiteAI

  The on-chain website, deployedminds.tech, is an enterprise AI software agency site with no wallet connection or mention of the token. The dApp tests failed only because there is no crypto functionality, which is not evidence of theft. The domain was created 2026-07-08, but the first Wayback snapshot is from the token's launch day, 2026-11-06. Whether the agency is actually behind the token is unverified.

  Evidence

  • forkdappTests: buy (open a position) — driver: fail
    Show source

    The site deployedminds.tech is an enterprise AI software development agency landing page, not a crypto dApp.

  • on-chainsite.domainCreatedAt = 2026-07-08T14:02:31.620Z; waybackFirstSeen = 2026-11-06T09:55:54Z
  • webhttps://deployedminds.tech/
    Show source

    Deployed Minds builds custom enterprise AI software — agentic workflows, private local LLMs, and legacy integrations.

  • Xhttps://x.com/deployedminds/status/2118646293711245537
    Show source

    DEX PAID https://t.co/1a6k0Xw35L

  • Xhttps://x.com/deployedminds/status/2118643892841242991
    Show source

    Burn Supply https://t.co/xjS1ccZjLI

  • on-chaindeployedAt=2026-11-06T09:52:21.000Z symbol=MINDS verified=false ownerRenounced=false
    Show source

    target 0xe9056598e2f1e9bbc2432100f12fcdfc9ab78a0a deployed 2026-11-06T09:52:21.000Z, contract unverified, owner not renounced

  Confirmed by: claude-opus-5.5, grok-4.7, gpt-5.6-sol

• LowWebsite shows placeholder client logos and zeroed statswebsiteAI

  The site sells Deployed Minds as an established AI studio (40+ products shipped, 83% return clients, named testimonials and industry case studies). On the same page the trusted-by strip uses ACME CO and NORTHWIND — classic fictional placeholder companies — and the shipped-missions counters render as zeros (0×, ~0%, 0 week, 0+, 0 days, 0.0/5). Buyers cannot treat the track record as real. Named co-founders are first names only (Swayam, Janmejay), so the team is not actually identified.

  Evidence

  • webhttps://deployedminds.tech/
    Show source

    40+ products shipped · 83% clients return for sprint 2 · NDA-friendly

  • webhttps://deployedminds.tech/
    Show source

    TRUSTED BY TEAMS THAT SHIP ACME CO LUMEN LABS FERRUM PAPERTRAIL QUARTZ PAY VOLTA NORTHWIND

  • webhttps://deployedminds.tech/
    Show source

    0× ~0% 0 week

  • webhttps://deployedminds.tech/
    Show source

    SHIPPED Recent missions. 0+ 0 days 0% 0.0/5

  • webhttps://deployedminds.tech/
    Show source

    Swayam Co-Founder & Lead Operations Janmejay Co-Founder & Principal Engineer

  Confirmed by: grok-4.7 · Disputed by: gpt-5.6-sol

• LowX account is two days old with six followerssocialAI

  @deployedminds was created 2026-11-04, is unverified, and has 6 followers and 6 following. Its posts are near-copy website slogans with 0–4 likes. The only notable mention is an unsolicited "next 100x" call, plus follow-back and "bring more eyes" DMs. No third-party post found that ties this contract to a prior rug. Wayback first saw the site at 2026-11-06T09:55:54Z, the same minute as launch, even though the domain was registered 2026-07-08.

  Evidence

  • Xhttps://x.com/deployedminds/status/2118025407463379365
    Show source

    Software, delivered at the speed of thought. Deployed Minds builds custom AI products

  • Xhttps://x.com/MaxelRowan/status/2118646379748921618
    Show source

    @deployedminds @deployedminds $Minds could be next 100x !

  • webhttps://deployedminds.tech/

  Confirmed by: grok-4.7 · Disputed by: gpt-5.6-sol

Positive signals (2)

• PositiveBuys and sells both work on the curve at about 2.5% feehoneypotAI

  The fork simulation bought and sold MINDS on the Pons bonding curve. Buy tax was 2.49% and sell tax 2.5%, made up of the 1% protocol fee and the 1.5% creator tax. A second wallet that received tokens by transfer could also sell, and selling after +1h worked. Transfer tax is 0%. The snipe tax has already decayed to 0. No honeypot behaviour was seen.

  Evidence

  • forkcanBuy=true, buyTaxPct=2.49, canSell=true, sellTaxPct=2.5, transferTaxPct=0
  • forksecond wallet (received via transfer) could sell; sell after +1h: ok
  • on-chaincurve: graduated=false, feeBps=100, creatorTaxBps=150, snipeTaxNow=0bps over 3s

  Confirmed by: claude-opus-5.5, grok-4.7, gpt-5.6-sol

• PositiveTrade fees are capped and fixed at launch for this tokenfeesAI

  The factory caps the base curve fee at 10% and the creator tax at 10%, with a 20% combined ceiling. Per the factory's comments, an existing launch keeps the creator tax it launched with even if the owner later changes the ceiling. MINDS launched at 1% + 1.5%. Nothing in the material shows a way to raise fees on this curve after launch.

  Evidence

  • codePonsV2LaunchFactory.sol:L59-L61
    Show source

    uint256 private constant MAX_CURVE_FEE_BPS = 1_000; // 10%
        uint256 private constant MAX_CREATOR_TAX_CEILING_BPS = 1_000; // 10%
        uint256 private constant MAX_TOTAL_TRADE_FEE_BPS = 2_000; // 20%

  • codePonsV2LaunchFactory.sol:L545-L554
    Show source

    /**
         * @notice Adjusts the ceiling a creator's chosen trade tax is validated
         * against at launch time. Already-launched tokens keep the immutable
         * tax rate they launched with regardless of later ceiling changes.
         */
        function setMaxCreatorTaxBps(uint256 bps) external onlyOwner {
            if (bps > MAX_CREATOR_TAX_CEILING_BPS) revert InvalidBasisPoints();
            maxCreatorTaxBps = bps;
            emit MaxCreatorTaxUpdated(bps);
        }

  • codePonsV2LaunchFactory.sol:L801-L806
    Show source

    if (config.curveFeeBps + params.creatorTaxBps > MAX_TOTAL_TRADE_FEE_BPS) {
                revert CombinedFeeTooHigh();
            }
            if (policy.hookFeeBps + params.creatorTaxBps > MAX_TOTAL_TRADE_FEE_BPS) {
                revert CombinedFeeTooHigh();
            }

  Confirmed by: claude-opus-5.5, grok-4.7 · Disputed by: gpt-5.6-sol

Notes (4)

• InfoOne-time burn: 0.98% of supply sent to a burn addressburnDeterministic

  0.98% of the supply ever minted is burned, in 1 burn transfer(s), last 2026-11-06. Burned by: the deployer 0x383c…2c52 (0.98%, 1 burn). This happened once, around launch; there is no sign of a continuing burn mechanism.

  Evidence

  • on-chainTransfer events to 0x0 / 0x…dEaD and balanceOf(burn addresses) of 0xe9056598e2f1e9bbc2432100f12fcdfc9ab78a0a

  Confirmed by: facts

• InfoSnipers and launch bundle bought little and have sold outsnipersAI

  Six sniper wallets bought 3.5852% in the first 100 blocks and now hold 0%. A 3-wallet bundle in block 107487201, funded by 0x5309…f32f, bought 0.5488% and the cluster now holds 0%. There is no remaining sniper overhang.

  Evidence

  • on-chainsnipers.pctSupplyBought = 3.5852, pctSupplyHeldNow = 0
  • on-chainbundles block 107487201 commonFunder 0x53091256ebd2d8aa37b45536a5fd864ca764f32f pctSupply 0.5488

  Confirmed by: claude-opus-5.5, grok-4.7, gpt-5.6-sol

• InfoDeployer holds nothing, never sold, and burned about 1%insidersAI

  The creator 0x383c…2c52 was the only declared snipe-tax-exempt wallet and now holds 0%. It sent 0.9769% of supply to the dead address in one burn. The facts show deployerSoldPct = 0, so it does not appear to have dumped.

  Evidence

  • on-chainDeployer 0x383c88bd3e4161693bb8e59b65d4f0e2987d2c52 holds 0% now
  • on-chainburns.by deployer pct 0.9769, count 1
  • on-chaindeployerSoldPct = 0

  Confirmed by: claude-opus-5.5, grok-4.7, gpt-5.6-sol

• InfoStill on the bonding curve with only about $1.5k liquidityliquidityAI

  MINDS has not graduated and has no Uniswap pool yet. All trading happens on curve 0x299E…8351, which holds 71.01% of supply and about $1,536 of liquidity. Large sells will move the price a lot.

  Evidence

  • on-chainliquidity pons-v2-bonding-curve pool 0x299E73022F2c0555641f638d5089f30148aF8351 liquidityUsd 1536
  • on-chainNo Uniswap pool yet — trading on bonding curve 0x299E73022F2c0555641f638d5089f30148aF8351 (not graduated)

  Confirmed by: claude-opus-5.5, grok-4.7, gpt-5.6-sol