> For the complete documentation index, see [llms.txt](https://tradersclub.gitbook.io/and-than-there-was-profit/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://tradersclub.gitbook.io/and-than-there-was-profit/the-app/the-wallet-guardian.md).

# The Wallet Guardian

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**Good to know:** functions are available according to pricing plans
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Not all your assets are safe coins or tokens! Some of them are shitcoins, or fresh launched tokens. It’s well known that some might be subject to scam. Why not keep them safe?

Our built-in mechanism of the App, offers users the option to guard their assets. 

In case a scammer tries to rip you off, our App dodges their intentions.

<mark style="color:green;">**And that, without ever asking for your private key!**</mark>

***Here are some scam examples explained:***

*<mark style="color:red;">**Honeypot**</mark>*

*Scammer launches a token that allows people to purchase but not sell, either immediately (aka an instant honeypot) or some time after trading begins (aka a delayed honeypot). After the honeypot has run long enough, the scammer uses one of several techniques to drain the chosen currency from the liquidity pool, usually by swapping the LP tokens, minting more tokens then selling, or perhaps calling a custom function in the smart contract to transfer investor or even liquidity pool balances to themselves (aka a Balance Swapper).*

*<mark style="color:red;">**Rug pull**</mark>*

*Scammer launches a token, than adds initial liquidity, and  waits for people to purchase the token. Once the scammer is satisfied with the amount gathered within the pool, they remove/pull out liquidity, leaving innocent investors holding a worthless token.*

*Some suggest to wait for liquidity to be locked, but modern scammers use different techniques to fool honest investors, even slow rugging. Some, are described bellow.*

*<mark style="color:red;">**Balance Drainer**</mark>*

*This is one of the most dangerous scam techniques! The scammer adds a custom function to the smart contract that transfers holder balances to an address the scammer controls. It is used/enabled at the scammers wish, or automatically from the smart contract! The scammer can simply sell any amount from the wallet he wants, draining the pool slowly or simply by droping it all.*&#x20;

*<mark style="color:red;">**Hidden Mint Function**</mark>*

*Scammer adds a function to the smart contract that mints an amount of additional tokens, usually over the current total supply. The scammer than dumps that amount into the pool, leaving the investors with a token without value.*