First America Party on Ethereum
How We Made This Project Safe: A Transparency Commitment
Any other project claiming to be first is simply not telling the truth.
We followed all best practices.
We burned the liquidity.
We renounced ownership.
Taxes auto-dropped to zero.
And momentum was explosive — millions in market cap within minutes.
From the beginning, we did everything to support the launch.
- 🔁 5 ETH in buybacks (tx here)
- 🚀 MAX Dexscreener boost (tx here) + socials
- 🔥 Over $100,000 worth of $AP tokens burned (tx here)
We thought this was enough to set the tone — to give the community a real foundation.
But there was a problem. Like most deployers in the space, we had forked our contract from others, having adopted this particular contract recently after seeing its speed. We never had issues up to this point - however, with the contract under intense public scrutiny for the first time, users uncovered a hidden risk.
Despite renouncing ownership, there was an additional tax function still callable by the deployer wallet.
This was a critical miss by us. Even though we had demonstrated good intent, crypto doesn’t run on intentions. It runs on code and verifiability. The deployer wallet still had power — and that made the project vulnerable.
🧠 Potential Fixes
As time passed, we thought intently how we could possibly bring back trust to the project. The crux of the problem was that we had already renounced ownership, so there was no way to shift authority over the tax function to the dead address.
Then we realized we were overthinking.
On Ethereum, gas is power.
So the solution is simple:
Disarm the wallet so it cannot interact with the contract. Permanently.
No ETH = no tx = no interaction = no risk.
But just draining the ETH once isn’t enough.
Someone could send ETH back. FUD would ensue again.
The wallet could be seen as dangerous again.
We had to go further.
✅ The Solution: A Public ETH-Draining Bot
I created a bot that runs 24/7 on a secure VPS.
It monitors the deployer wallet every block.
If the wallet ever receives ETH, it automatically sends it away. The wallet balance will always be below the required ETH cost of sending any type of transaction, thereby permanently removing the risk forever.
Today, the deployer wallet is a lame duck.
It can’t interact with the contract.
It can’t modify anything.
It can’t touch the token.
And we made everything public:
- 📂 Bot code is open-source - GitHub here
- 🧾 Transaction logs are public and timestamped - Telegram logs here
Anyone, at any time, can verify that the deployer wallet is empty and powerless and actively sends ETH away as soon as it receives any.
🧾 In Summary
We deployed this token. We believe in the narrative, and we believe that the community should have a chance to safely rally behind the first deploy. We never wanted the deployer wallet to represent a point of concern.
So we took action:
- Wrote a bot to continuously drain ETH from the deployer wallet
- Published the code
- Made the logs public
- Made the uptime trackable
- And ensured anyone can verify it, anytime
For any questions, suggestions, or better ideas for transparency, find us on Telegram: Larryskidipop
