$BOB Token Liquidity Risk Update
The $BOB token contract automatically
creates liquidity on PancakeSwap when
trading is enabled. However, in the current
setup, all Liquidity Pool (LP) tokens are sent
to the owner’s wallet.
This design creates a high risk for investors
because whoever holds LP tokens controls
the liquidity.
If the owner decides to remove liquidity, the
BNB from the pool will be withdrawn, leaving
holders with worthless tokens — a situation
commonly known as a rug pull.
Explanation
Liquidity = trading safety. Without liquidity, investors cannot buy or sell properly.
Owner-held LP = risk.
The contract allows the owner to drain the pool at any time.
Safety Tips
For a secure and trustworthy token, LP tokens should be:
Burned (sent to 0xdead) so they cannot be removed.
Or Locked in a third-party locker for a fixed period.
Final Thought
While $BOB ensures automatic liquidity
setup, sending LP tokens to the owner makes
it risky and vulnerable to rug pulls.
To build trust and protect the community, the
team should burn or lock LP tokens
immediately after launch.