Derived from TechFlow, GoPlus has identified potential risks in the Hello 402 contract, including unlimited minting and centralized manipulation. The admin address has full control over H402 token minting and distribution. For example, the addTokenCredits function allows the admin to allocate H402 token minting shares without checking if it exceeds the MAX_SUPPLY, potentially creating a backdoor for unlimited minting. The redeemTokenCredits function enables users to mint H402 tokens based on their shares, while the WithdrawDevToken function allows the admin to mint all unallocated shares at once, posing a high centralized manipulation risk. Additionally, the project's claims on X regarding the WithdrawDevToken function for post-private sale 'token top-up,' 'ecosystem incentives,' and 'profit space' are not implemented in the contract, raising centralized breach risks. Earlier reports suggested Hello 402 may have 'run away.'
GoPlus Warns Hello 402 Contract Has Unlimited Minting and Centralized Manipulation Risks
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