Every token on fomo has a status that tells you how much it has been reviewed. Understanding these labels helps you make more informed decisions before trading.
Conduct thorough research before trading any token, including verifying contract addresses, checking for renounced ownership, and ensuring liquidity is locked.
Verified and unverified tokens
Verified tokens have been reviewed by the fomo team. You will see a blue check on the corner of the token's logo, and verified tokens show no warning labels.
Verified status means the token has passed a review process. It does not guarantee the token's price performance or eliminate all risk, but it is an indicator that the token has been vetted at the moment of verification.
Unverified tokens have not been reviewed by the fomo team. The token page marks them with an Unverified token note above the Buy and Sell buttons; tap or hover it to read the warning. Every token that has recently graduated from the bonding curve starts as unverified.
Warning labels
Warning labels appear on tokens that show signs of being risky or potentially fraudulent.
These can indicate a range of issues, from the token's contract blocking sells to liquidity pools being illiquid to the developer removing liquidity.
A token with a high buy, sell or transfer fee carries a High taxes warning, which usually states the fee. On some EVM tokens the checks also read the security audit of the token's trading pool, not only the token contract, so a pool with a serious unresolved finding gives the token a warning as well.
A severe warning asks you to confirm before a buy, and some warnings turn Buy or Sell off for the token.
When fomo users with a team tag hold the token, the Holders tab shows a Team holdings section at the top and their rows carry a Team badge.
If you see a warning label on a token, do not interact with it further until you have reviewed why this token has been labeled with a warning.
Labels are how fomo informs users about the tokens specific characteristics and how deeply we've reviewed them. Always do your own research before buying any token.