Question 1

What is a honeypot crypto token?

Accepted Answer

A honeypot is a scam token you can buy but can’t sell. The contract hides code — a transfer block, a 100% sell tax, or a buyer allowlist — that traps your money after purchase. The price often looks like it only goes up, because no one is allowed to take profit out.

Question 2

How do I check if a token is a honeypot on Base?

Accepted Answer

Paste the token's contract address into Sally's honeypot checker with your wallet on Base. It runs a real on-chain buy then sell simulation plus a contract and liquidity scan, then tells you whether a sell would succeed. It works the same on BNB Smart Chain — just switch your wallet's network.

Question 3

Can I actually sell this token — how do I know?

Accepted Answer

The only reliable test is to simulate a sell, not just read flags. Sally buys and then sells the token in one on-chain simulation: if the sell reverts or returns far less than expected, the token is flagged as not sellable or high-tax. A clean round-trip means a sell would currently go through.

Question 4

How do I avoid honeypot and rug-pull scams?

Accepted Answer

Before buying, scan the contract for sellability and tax, check whether ownership is renounced, and confirm liquidity is locked. Avoid tokens with hidden mint, blacklist, or pausable functions. Sally surfaces all of these in one report — but treat any unrenounced, proxy, or low-liquidity token as high risk.

Question 5

What is buy and sell tax on a token?

Accepted Answer

Buy/sell tax is a fee the token contract takes on each trade, sent to the team or liquidity. A 5% sell tax means you keep 95% when you exit. Taxes above roughly 10-15% are a red flag, and a near-100% sell tax is effectively a honeypot — you can buy but can’t get out.

Question 6

Are honeypot checkers accurate — can they be fooled?

Accepted Answer

A simulation-based checker is far more reliable than a flag lookup because it actually attempts a sell. But none is perfect: contracts with owner-toggled taxes, time-delayed traps, or upgradeable proxy logic can change after you scan. Sally flags proxy contracts and owner powers, but always re-check before a large buy.

Question 7

What does 'token not sellable' mean?

Accepted Answer

'Not sellable' means Sally's on-chain sell simulation failed — the contract reverted the sale or returned almost nothing. In practice you could buy the token but not convert it back to ETH or BNB. It's the clearest honeypot signal there is and a strong reason not to buy.

Question 8

Does Sally send the token I'm checking to a third-party API?

Accepted Answer

No. The entire scan runs on Sally’s own infrastructure — the buy/sell simulation, contract reads, and liquidity checks all happen against an RPC node. The address you research is never forwarded to an external honeypot API, so your interest in a token stays private.

Question 9

What is a proxy contract and why does it matter for token safety?

Accepted Answer

A proxy contract holds no logic itself — it forwards calls to a separate implementation the owner can swap out later. So a token that scans clean today can have its tax or transfer rules changed tomorrow. Sally flags proxies explicitly so you know the code you’re trusting can still change.

Can you actually sell it?

Honeypot & token safety

Can you actually sell it?

Honeypot & token safety

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