Binance Square

DeFiTruth

7,072 views
4 Discussing
Bella Katherine
--
Bullish
Official Statement — Setting the Record Straight on “OnlyOwner” in $JAGER 💎🔥 Lately, there’s been some FUD circulating — especially from “the EXO Girl” and others unfamiliar with smart contract mechanics — claiming that $Jager hasn’t renounced ownership simply because BscScan still displays “OnlyOwner” in the contract. Let’s break down the facts: ⸻ 📌 1. What is “OnlyOwner” in a smart contract? “OnlyOwner” is just a function modifier used to restrict certain actions to the contract owner. Once ownership is renounced, the owner address is set to a null address (0x000…dead), making it impossible for anyone to access those functions. Think of it like destroying the only key to a vault — it exists in the blueprint, but no one can use it. 🔑🔥 ⸻ 📌 2. Has $JAGER renounced ownership? Yes. Ownership has been officially renounced. The contract’s owner address now points to the null (dead) address, meaning no individual or team has control. You can verify this on BscScan under the “Read Contract” tab. Trusted sources, including Bitget Academy, have confirmed the renouncement. ⸻ 📌 3. What does this mean for holders? ✅ Full trust & security — no one can alter fees or functions ✅ True decentralization — everything runs autonomously ✅ Continuous burn & reward mechanics — with zero human interference ⸻ So, to be clear: “OnlyOwner” showing up in the contract doesn’t mean ownership still exists — it’s simply part of the original structure. $JAGER is fully community-owned and cannot be manipulated. Stay sharp. Stay informed. #JAGER 💎🔥 #DeFiTruth #CryptoEducation
Official Statement — Setting the Record Straight on “OnlyOwner” in $JAGER 💎🔥

Lately, there’s been some FUD circulating — especially from “the EXO Girl” and others unfamiliar with smart contract mechanics — claiming that $Jager hasn’t renounced ownership simply because BscScan still displays “OnlyOwner” in the contract.

Let’s break down the facts:



📌 1. What is “OnlyOwner” in a smart contract?

“OnlyOwner” is just a function modifier used to restrict certain actions to the contract owner.
Once ownership is renounced, the owner address is set to a null address (0x000…dead), making it impossible for anyone to access those functions.
Think of it like destroying the only key to a vault — it exists in the blueprint, but no one can use it. 🔑🔥



📌 2. Has $JAGER renounced ownership?

Yes. Ownership has been officially renounced.
The contract’s owner address now points to the null (dead) address, meaning no individual or team has control.
You can verify this on BscScan under the “Read Contract” tab.
Trusted sources, including Bitget Academy, have confirmed the renouncement.



📌 3. What does this mean for holders?

✅ Full trust & security — no one can alter fees or functions
✅ True decentralization — everything runs autonomously
✅ Continuous burn & reward mechanics — with zero human interference



So, to be clear:
“OnlyOwner” showing up in the contract doesn’t mean ownership still exists — it’s simply part of the original structure.
$JAGER is fully community-owned and cannot be manipulated.

Stay sharp. Stay informed.
#JAGER 💎🔥 #DeFiTruth #CryptoEducation
estygreaTTT:
nice and prompt response. kudos to the officials 👍
$100M Liquidation Exposes Crypto's Dark SecretJames Wynn, a well-known crypto whale, lost $100M in a single trade. But it's not just the loss that's shocking – it's how it happened. A suspicious price wick on one exchange triggered Wynn's liquidation, revealing a potential manipulation tactic known as "liquidation hunting." $BTC {spot}(BTCUSDT) {future}(TRXUSDT) The Game Behind the Game: Market makers use data on liquidation points to trigger stop-losses and margin liquidations, profiting from the subsequent price rebound. Protect Yourself: ✅ Avoid high leverage ✅ Be wary of stop losses ✅ Diversify across exchanges ✅ Track wicks and anomalies ✅ Understand the rules {spot}(ETHUSDT) The Truth About Crypto Trading: $BNB $XRP Some might not be neutral marketplaces, but predatory ecosystems designed to exploit traders. #CryptoScam #Liquidations #CryptoWhaleWatch #BinanceSquare #DeFiTruth #MarketManipulation

$100M Liquidation Exposes Crypto's Dark Secret

James Wynn, a well-known crypto whale, lost $100M in a single trade. But it's not just the loss that's shocking – it's how it happened. A suspicious price wick on one exchange triggered Wynn's liquidation, revealing a potential manipulation tactic known as "liquidation hunting." $BTC

The Game Behind the Game:
Market makers use data on liquidation points to trigger stop-losses and margin liquidations, profiting from the subsequent price rebound.
Protect Yourself:
✅ Avoid high leverage
✅ Be wary of stop losses
✅ Diversify across exchanges
✅ Track wicks and anomalies
✅ Understand the rules
The Truth About Crypto Trading:
$BNB
$XRP
Some might not be neutral marketplaces, but predatory ecosystems designed to exploit traders.
#CryptoScam #Liquidations #CryptoWhaleWatch #BinanceSquare #DeFiTruth #MarketManipulation
Crypto’s Biggest Lie: The Truth They Never Told YouEvery day, new tokens suddenly appear on the trending list. Influencers talk about them. Memes go viral. Telegram groups explode with excitement. It looks organic, but what if I told you many of these trends are manufactured? Behind the scenes, marketing teams, whales, and even some exchanges may push certain tokens into the spotlight not because of strong fundamentals, but because of hype and profit motives. The Business of Trend Manipulation Projects now allocate massive parts of their budget to marketing. Not just for banner ads but to create an illusion of community interest. - Influencers are paid to post fake “discoveries.” - Bots fill Twitter replies and Telegram chats. - Volume is faked using wash trading. - Reddit posts are planted to spark fake discussions. What looks like “a hot trend” is often a paid campaign. The Victims? Retail Traders New investors often chase what's trending, thinking they're early. But in reality, they're buying after insiders have already pumped the price. By the time the public notices, insiders are already selling. The trend collapses. Another one starts. The cycle repeats. Why No One Talks About It Because everyone profits from the silence except you. - Influencers get paid. - Projects get exposure. - Exchanges make trading fees. - Marketing agencies get hired again. Meanwhile, retail traders are left holding worthless bags. How to Protect Yourself 1. Question everything that trends. Ask: Why now? 2. Follow wallets, not words. Look at blockchain data. 3. Ignore hype. Focus on real utility and roadmaps. 4. Avoid FOMO. If it’s trending, you’re probably late. 5. Use tools like DEXTools or Arkham to analyze on-chain behavior. Not every trend is fake but many are. The crypto market isn’t just about innovation. It’s also about manipulation. Stay smart. Stay skeptical. And most of all, stay independent. #Binance #CryptoScams #Web3Reality #CryptoInfluencers #DeFiTruth

Crypto’s Biggest Lie: The Truth They Never Told You

Every day, new tokens suddenly appear on the trending list. Influencers talk about them. Memes go viral. Telegram groups explode with excitement. It looks organic, but what if I told you many of these trends are manufactured?
Behind the scenes, marketing teams, whales, and even some exchanges may push certain tokens into the spotlight not because of strong fundamentals, but because of hype and profit motives.
The Business of Trend Manipulation
Projects now allocate massive parts of their budget to marketing. Not just for banner ads but to create an illusion of community interest.
- Influencers are paid to post fake “discoveries.”
- Bots fill Twitter replies and Telegram chats.
- Volume is faked using wash trading.
- Reddit posts are planted to spark fake discussions.
What looks like “a hot trend” is often a paid campaign.
The Victims? Retail Traders
New investors often chase what's trending, thinking they're early. But in reality, they're buying after insiders have already pumped the price.
By the time the public notices, insiders are already selling. The trend collapses. Another one starts. The cycle repeats.
Why No One Talks About It
Because everyone profits from the silence except you.
- Influencers get paid.
- Projects get exposure.
- Exchanges make trading fees.
- Marketing agencies get hired again.
Meanwhile, retail traders are left holding worthless bags.
How to Protect Yourself
1. Question everything that trends. Ask: Why now?
2. Follow wallets, not words. Look at blockchain data.
3. Ignore hype. Focus on real utility and roadmaps.
4. Avoid FOMO. If it’s trending, you’re probably late.
5. Use tools like DEXTools or Arkham to analyze on-chain behavior.

Not every trend is fake but many are. The crypto market isn’t just about innovation. It’s also about manipulation. Stay smart. Stay skeptical. And most of all, stay independent.

#Binance
#CryptoScams
#Web3Reality
#CryptoInfluencers
#DeFiTruth
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number