What this means for you
AXIE on Solana: 2 control powers can still be used (mint new tokens and change name, logo and links).E5E7
- Mint new tokens: Whoever holds the mint authority can create new tokens at any time, which grows the supply.E5
- Change name, logo and links: The metadata (name, symbol, logo and links) can still be changed by its update authority.E7
- Locked for good: freeze wallets.E6
- The 10 biggest ordinary holders own 30.02% (pools excluded); RugCheck flags insiders holding 0%, and 100% of the liquidity is locked.E11
- About 85 wallets hold it; the 10 largest hold 46.8% of the supply (this can include pools).E9