Summary
Ketju does not approve UNCX Network V2: it is a service that locks tokens and LP positions for many unrelated project owners, and its reported $110.2M gives an advisor no pro-rata claim. A lock can stop one LP token or token balance from moving before a date. It does not guarantee the underlying token, prevent minting or taxes, ensure that 100% of liquidity is locked, or keep a market after the unlock. A lock is useful evidence about an issuer, but advisors cannot invest in the service.
Review triggers
- A specific locked asset enters Ketju’s research coverage and receives its own review of issuer, token control, legal terms and liquidity
- The client is the named beneficiary of a lock whose contract, amount, unlock, collection rights and migration powers are independently verified
- Ketju reviews UNCX at once after any locker exploit, unauthorized migration, early withdrawal or permanent lock failure
Facts
- Verdict
- Not approved
- Type
- Other
- Chains examined
- Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche, Gnosis, OP Mainnet
- Reviewed
- Last confirmed