conhecimento

$USUAL Can we trust the USUAL project? They always say it's a good project, but is that all that matters? What else should be considered? What don't they tell you?

Come with me and I'll tell you 😄

1. Decentralization Score (68.41%)

Meaning:

This is an indicator of the level of decentralization of the cryptocurrency. A higher score indicates that the tokens are widely distributed among several addresses and not concentrated in a few entities or individuals.

Impact:

Positive: Greater decentralization reduces the risk of large market fluctuations by "whales" (large token holders) and improves trust in the project.

Negative: A score below 70% indicates that control of the cryptocurrency may still be concentrated in a few hands, representing a risk of centralization.

2. Safety Score (35.36)

Meaning:

This is a general indicator of risk. A low score (below 50) suggests high risk.

Impact:

Positive: If the score were higher, it would indicate greater security for investors.

Negative: A score of 35.36 is concerning, suggesting that the project has vulnerabilities that could compromise trust and security.

3. Risks Identified

Proxy:

This means that the smart contract may have proxy functionality, allowing developers to change the code without consulting the community.

Impact:

Negative: Creates risk of unexpected or malicious changes to the contract.

Extreme Ownership Concentration (Top Holders):

A large concentration of tokens in a few wallets.

Impact:

Negative: Whales can control the price by selling large volumes, causing volatility or loss of confidence in the project.

🎯Conclusion

Before investing or actively participating in this cryptocurrency ecosystem, it would be wise to:

Check smart contract audits.

Research more about the project's governance and transparency.

Evaluate whether the project has clear plans to improve decentralization and security.