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Simple ERC-20 Honeypot Token

About the Token

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The Simple ERC-20 Honeypot Token is a basic honeypot token that restricts sales. It doesn't have any additional features other than banning sales

  • Users can buy the token but cannot sell it back.
  • Only the creator of the token can sell it.
  • You can create an Ethereum(Uniswap V2), Base(Uniswap V2), or Binance Smart Chain(PancakeSwap V2).

General overview of Honeypot Token


How to Create a Simple Honeypot Token

Token Creation LinkCreate

1️⃣ Connect Your MetaMask Wallet

Ensure you are on Ethereum, Base, or Binance Smart Chain and connect your wallet.

 Networks

2️⃣ Two Ways to Create a Tokens

There are two ways to create a token:

  1. Token & Pool Creation on the Website – This option automates everything, but it is not available for this token.
Create Ways
  1. Manual Liquidity Pool Creation – You create the token and manually set up the liquidity pool. All tokens are on your wallet and you create the pool yourself on uniswap/pancakeswap DEX

It's best to do 2 options and then create the pool manually

3️⃣ Enter Token Details

  • 🏷 Token Name (e.g., MyHoneypot)
  • 🔠 Symbol (e.g., MHT)
  • 🔢 Total Supply (e.g., 1000000)

Token creation form

4️⃣ Confirm Creation

Click Deploy, approve the transaction, and wait a few seconds for the token to deploy.

 Transaction

Your token will be deployed to your wallet or the contract address.

5️⃣ Token Successfully Deployed

Once the token is deployed, you will see the contract address.
This means your token is live on the blockchain.

Contract Deployment

Understanding the Buttons

  • 🔹 Interact – Allows you to interact with contract functions (e.g., add liquidity)(There are no functions in this token).
  • 🔹 Verify – Verifies your contract on the blockchain explorer.

Now your token is ready! 🚀


How to Create a Liquidity Pool

To enable trading, you need to create a V2 Liquidity Pool:

Steps to Add Liquidity

  1. Navigate to the chosen DEX platform.
  2. Select ETH/BNB as the base currency.
  3. Enter your token's contract address in the second field.
  4. Set the amount of liquidity to add.
  5. Confirm and approve the transactions.

Once the pool is live, users can buy the token but not sell it back.

📖 For more information about pools and how they work, read here Click here


Cost of Token Creation

BlockchainCost
Ethereum, Base0.015 ETH
Binance Smart Chain0.1 BNB

Closing the Pool & Withdrawing Profits

Once enough liquidity has been collected, there are 2 ways to withdraw it:

  • The liquidity pool can be closed.
  • Or the token admin can sell his tokens to the pool, thus also taking the liquidity.