On April 22, 2022 Titano implemented its new contracts. The new Titano contracts upgrade and offer a range of benefits to Titano and its token holders.
Here is a list of the upgrades the new Titano contracts provide:
1 -The MINT Function has been eliminated - Titano’s new contracts remove the mint function which had allowed Titano to mint any number of tokens.
2 - Rescue Token Function has been eliminated – A rescue token function can be useful if someone sends money to purchase Titano to the wrong Titano wallet. However having it also creates vulnerabilities. The rescue token function has been removed in the new Titano contracts.
3 - Buy and sell fees have been capped - Currently Titano has a 13% buy and an 18% sell fees when you buy or sell the token. The Titano V2 contract eliminates Titano’s ability to raise these fees above these amounts. The project can however elect to lower these fees to zero.
4 – Treasury and RFV wallets are now Multi-Sig – The treasury and RFV wallets now require multi-signatures.
5 - Security and code logic improved – Titano V2 contracts have upgraded security and code logic making them stronger and more secure
Better Security for $Titano Token Holders
The new Titano contracts are fully audited by Certik, the industry’s top auditing firm. This comprehensive audit was done for security and strength of the Titano code. With the launch of the V2 contract, Certik’s Skynet Program is now activated. This 24-hour monitoring service will alert against any changes to the V2 contracts and any known hack attempts.
The new Titano contracts provide a substantial upgrade over the contracts previously used my Titano.