Scammers have discovered a new way to destroy the tokens in your Solana wallet. But with a little extra attention, you can avoid becoming their next victim.
Imagine you did a token swap and your wallet history shows that you received the tokens. But when you check your wallet, nothing shows up. You start to get nervous but think itâs just a network delay. However, time passes and the tokens still havenât arrived. You have to dig deeper and ask for help.
This is exactly what happened to a Jupiter community member four days ago. After an investigation by the Jupiter management team, an abnormal transaction record appeared on the Solscan page: 7 seconds after the user received the token, a token destruction transaction occurred. They had just completed the exchange, and the token was destroyed almost immediately.
Whatâs going on? The reason lies in the tokenâs âpermanent proxyâ feature. This is a token extension that allows a certain address to have control over the token supply and destroy tokens at any time. It was originally designed to enforce sanctions, but scammers have cleverly exploited this feature.
Fortunately, platforms like JupiterExchange and Rugcheckxyz are aware of this problem and have developed tools to remind users if this feature is enabled. However, not all platforms have this feature yet.
Even so, tokens with permanent proxy rights can still be exchanged normally. After all, this is a legitimate token extension function designed for real tokens.
Regardless, you must remain vigilant when handling any token. Develop strict operating habits and do not overlook any details, especially when performing token swaps. If you are not careful, you will pay the price one day, especially in the context of the continuous development of new token features.
Summarize:
Scammers are using the Solana tokenâs perpetual proxy feature to burn tokens. Users should remain vigilant and make a habit of reading transaction details carefully to avoid potential losses.
