How Safe Is SwarmNode ai (SNAI) On Solana?

How Safe Is SwarmNode ai (SNAI) On Solana

SwarmNode ai (SNAI) is a promising token built on the Solana blockchain. With its eye-catching branding and cutting-edge purpose, it's worth exploring. But is it safe for investors? Let’s analyze the data, assess its risks, and provide a clear safety score to help you make an informed decision.

How Safe Is SwarmNode ai (SNAI) On Solana

Overview of SwarmNode ai (SNAI)

Here’s the key information about SNAI:

Attribute

Details

Blockchain

Solana

Token Name

SwarmNode ai

Symbol

SNAI

Total Supply

~1 Billion (999,998,278.556256)

Decimals

6

Token Type

SPL Token

Contract Address

Hjw6bEcHtbHGpQr8onG3izfJY5DJiWdt7uk2BfdSpump

Liquidity

$771.36K across Raydium and Meteora pools

Daily Volume

$54.38M combined

Social Media

SwarmNode on X

Website

swarmnode.ai

Risk Analysis: The Technical Side of SNAI

1. Open Source Code

✅ Yes, the code is open source.

Open-source projects invite transparency and external validation. This is a strong plus for SNAI.

2. Minting Capability

✅ No minting functionality detected.

SNAI ensures no additional tokens can be minted, preventing inflation and token supply manipulation.

3. Metadata Security

✅ Metadata is immutable.

Immutable metadata adds an extra layer of trust, ensuring the token’s fundamental characteristics cannot be altered.

4. Freeze Authority Revocation

✅ Freeze authority has been revoked.

This feature ensures that no one can arbitrarily freeze transactions, protecting user funds.

5. Liquidity Pool Burn

🔥 100% of liquidity in Raydium is burned.

Burning liquidity tokens minimizes rug pull risks by making it impossible for developers to withdraw liquidity unilaterally. However, the Meteora pool's liquidity is not burned, which warrants attention.

6. Top 10 Holders

✅ The top 10 wallets hold 0% of the supply.

This distribution reduces the risk of centralization and manipulation by whales. A decentralized token holder base is another green flag.

Liquidity Pools: A Deeper Look

SwarmNode ai trades on two main pools, Raydium and Meteora. Here’s what the numbers tell us:

1. Raydium Pool

  • Liquidity: $626.95K
  • 24-Hour Volume: $51.35M
  • Create Date: December 21, 2024
  • LP Burned: 100%

2. Meteora Pool

  • Liquidity: $144.41K
  • 24-Hour Volume: $3.03M
  • Create Date: December 21, 2024
  • LP Burned: Not Burned

Key Insight:
The majority of SNAI’s liquidity is locked in the Raydium pool, where LP tokens are fully burned. This significantly boosts investor confidence. However, the Meteora pool’s unburned liquidity is a slight concern, though its smaller size limits the overall risk.

What Sets SNAI Apart?

SNAI’s security measures are impressive:

  1. No Minting, No Freeze: With no minting capabilities and freeze authority revoked, the risk of sudden token inflation or transaction halts is eliminated.
  2. Decentralized Distribution: The top wallets hold no significant stake, ensuring fair token distribution.
  3. Raydium Liquidity Burn: A 100% LP burn for Raydium secures the main liquidity source from tampering.

However, the unburned liquidity in Meteora introduces a minor vulnerability.

How Does SNAI Rate on Our Safety Scale?

Here’s our breakdown of SNAI’s safety profile:

  • Open Source Code: ✅ Secured
  • Minting Capability: ✅ Secured
  • Metadata Security: ✅ Secured
  • Freeze Authority: ✅ Secured
  • Liquidity Pool: ⚠️ Mixed (100% burned on Raydium, none on Meteora)
  • Top Holder Risks: ✅ Decentralized (0% concentration in top wallets)

Taking these factors into account, SNAI scores 8.5/10.

Risk Level: Low Risk
Exercise some caution if you interact with this token, especially in the smaller Meteora pool.

Should You Invest in SwarmNode ai?

SwarmNode ai stands out as a secure token with robust safety measures. Its transparency, decentralized distribution, and burned liquidity make it a strong contender in the Solana ecosystem.

Still, every investment carries risks. The unburned Meteora liquidity pool is a minor red flag. If you’re considering SNAI, stick to the Raydium pool for transactions to mitigate this risk.

Final Verdict

SwarmNode ai is a well-designed project with a strong focus on security. While it’s not completely risk-free, its overall safety profile is solid.

Want more insights like this? Stay tuned to our blog for in-depth token analyses, safety ratings, and the latest updates in crypto.

What are your thoughts on SwarmNode ai? Let us know in the comments and if you are looking for a full detailed report of this token contact us here.

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