Is Flemecoin Safe?

I created Flemecoin after being rugged on the first and only memecoin I ever bought in June 2024. Instead of walking away, I made the decision to build the safe, transparent, high-quality memecoin I had originally hoped to find within my favorite ecosystem. Every decision behind Flemecoin has been guided by one principle: minimize risk for the community and build something that can succeed at the highest levels. Flemecoin launches on Flare Networks and is built for global reach.

To do that, I’ve personally invested over $10,000 and many hundreds of hours in development. Flemecoin is not a copy-paste project or a short-term cash grab. Fleme is here to go the distance.

What I Have Done to Make Fleme Safe and Sustainable:

Formed Fleme Labs, LLC
Fleme Labs is registered LLC in the state of Virginia to provide legal accountability and the professional structure required for integration with centralized exchanges and large industry partners.
Wrote and published transparent, audit-friendly smart contract code
The contract was developed from scratch using OpenZeppelin libraries and written in simple, well-known, audit-friendly language. It is verified on Flare Explorer for full readability and includes descriptive comments explaining each step of the code. Contract ownership will be renounced once the enableTrading() function is called, permanently disabling any remaining administrative control.
Personally funded and locked the launch liquidity pool
Liquidity was seeded entirely from my own funds. The LP ownership tokens are locked on SparkDex.ai for the maximum 5 year lock and cannot be accessed or withdrawn. You can see more information on the LP lock here.
Escrowed the majority of marketing tokens
90% of the marketing allocation is locked in escrow through the third-party service Team Finance, with monthly unlocks beginning 30 days after launch. These funds are primarily designated to meet the significant liquidity requirements of large exchanges. The staggered unlock schedule ensures gradual access to funds, helping to mitigate concerns about misuse or sudden sell-offs. If tokens are unused, they will be placed back in escrow acording to our Marketing Escrow policy. You can read more about our Marketing Escrow policy and learn how to view the escrows on the Escrow Locks page.
Escrowed all developer tokens
The Dev Wallet was allocated only 3% of the total supply and is fully locked in escrow through the third-party service Team Finance. The tokens are locked for 30 days, then released in three equal monthly installments. You can read more about our Marketing Escrow policy and learn how to view the escrows on the Escrow Locks page.
Avoided stealth launches, presales, or private deals
The contract is designed for a fair launch, with trading open to everyone at the same publicly announced time. Everyone has the same opportunity. There are no insider deals, no private sales, and no need to risk funds in a presale.
Privately funded administrative and legal costs
This includes LLC formation, the funding of the Liquidity Pool, contract auditing, escrow services, $FLR marketing giveaways, site hosting, and a variety of other administrative and operational expenses. No community funds were used.
Committed to transparency and long-term growth
Every step, from project design to tokenomics, has been documented with intent. There are no hidden mechanisms. I will provide video AMA's, ongoing social media engagement, and an updated FAQs page to answer community questions.
Documented all core technical assets
This includes contract source code, ABI, metadata, compiler inputs, and logo. All files are published to GitHub and IPFS to ensure transparency and align with the standards expected by reputable partners and exchanges.