A new type of Pixiu plate has recently appeared, disguised even more covertly. They allow users to sell, but through a complex fee mechanism, the actual amount received is almost zero. Today, I will use Bubblemaps to break down a real case.

This project created a trading pair on a DEX, and the liquidity seems quite sufficient. However, upon checking the contract code on Bubblemaps, I discovered a hidden function: each sell transaction incurs a 99% fee, of which 90% flows directly back to the project address.

Even more cunningly, they disguised this fee as a 'anti-whale mechanism,' promoting it as a feature in the project’s marketing. Through Bubblemaps' address tracking feature, I found that these fees ultimately all transferred to the same exchange withdrawal address.

Finally, I also discovered on Intel Desk that this project team had previously launched three similar projects under different names. The same trick, different packaging.

Remember: Whenever you encounter projects with particularly complex trading mechanisms and incomprehensible fee structures, just stay away. Truly quality projects often have simple and transparent rules. #Bubblemaps $BMT @Bubblemaps.io