A lot of token launches flop or end up being rugs.
It’s not always about malicious intent, sometimes it’s just poor planning.
Here’s a quick checklist from a developer’s point of view:
1. Clear Contract
- Make sure your smart contract is verified.
- Steer clear of hidden mint functions.
2. Locking Liquidity
- Always lock liquidity pools.
- Set clear timelines for when they unlock.
3. Control Ownership
- Either renounce ownership or go for multisig.
- Don’t let one person have all the power.
4. Presale Setup
- Find a balance between hard cap and soft cap.
- Avoid setting unrealistic tokenomics.
5. Get an Audit (even a basic one)
- At least do an internal review.
- Automated tools won’t cut it alone.
6. Keep Communication Open
- Be straightforward.
- Don’t create false hype.
Most rugs can be seen coming.
People just tend to overlook the warning signs.
We’re developing tools to tackle these issues at: blockthird
(This is open-source and focused on builders.)
Tips for Launching a Token Without Getting Rekt
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