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Tokenomics

Permanent Delegate

A Token-2022 extension that allows a designated address to transfer or burn any holder's tokens at will. Designed for stablecoin compliance and issuer-controlled assets. On a memecoin, an active PermanentDelegate is a kill signal — the operator retains the ability to seize any holder's position.

See also
Tokenomics Token-2022 Solana's extended token standard supporting transfer fees (TransferFeeConfig), transfer hooks, PermanentDelegate, confidential transfers, and other extensions. Not malicious by default, but enables honeypot configurations unavailable in classic SPL. A Token-2022 token on a memecoin is a forced pause requiring investigation of every active extension. → Tokenomics Freeze Authority The SPL Token Program authority that can freeze any holder's Associated Token Account, blocking them from selling. Must be null for any memecoin worth touching. Active freeze authority is a disqualifying red flag with no legitimate justification on a memecoin launch. → Security Honeypot A token configured so that buy transactions succeed but sell transactions fail or return near-zero output. Implemented on Solana via Token-2022 TransferFeeConfig at extreme values, freeze authority abuse, or malicious transfer hooks. Quick test: buy a minimal amount, wait one block, simulate the sell on Jupiter. →
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