Why is the token blacklisted and I can't do anything with it?

If a token has been blacklisted on STON.fi, it means that it used a fraudulent scheme known as Honeypot.

Such a token allows you to buy yourself, but does not allow you to make an exchange for another token, causing users to lose funds. This is because the smart contract of the token has been intentionally altered by the attackers and only their authorized wallets can make an exchange of such a token.

For the safety of our users, we block such tokens on our exchange to prevent attackers from defrauding other users who have yet to encounter this token. 

You can learn more about what the Honeypot scheme is in our post:

👉 https://t.me/stonfidex/559.


That said, we always recommend doing thorough research before exchanging for custom tokens. 

Simple rules on how to protect yourself from scammers here: https://t.me/stonfidex/559

#honeypots