# Security & Best Practices ### Security Security is paramount in crypto. Follow these best practices to protect your tokens and build trust with your community. #### Wallet security * Use a hardware wallet (Ledger, Trezor) for large holdings and token authority * Never share your seed phrase or private keys with anyone * Use separate wallets for different purposes (trading, holding, development) * Enable 2FA on all exchange and wallet accounts #### Token security * Lock your liquidity to prevent rug pulls and build community trust * Verify all transaction details before signing * Test with small amounts before making large transactions * Keep your token authority wallet secure and backed up #### Community trust * Be transparent about your project’s goals and roadmap * Communicate regularly with your community * Deliver on promises and maintain realistic expectations * Consider doxxing (revealing identity) for serious projects {% hint style="danger" %} Never click suspicious links, connect your wallet to unknown sites, or share sensitive information. Always verify URLs and contract addresses before interacting. {% endhint %} ### Best practices #### Tokenomics * Keep tax rates reasonable (**3–5%** recommended) * Balance dev and holder rewards fairly * Consider implementing token burns * Plan your supply carefully #### Community * Be transparent about your project * Engage regularly with holders * Deliver on your roadmap promises * Build a strong social media presence #### Marketing * Create compelling token branding * Share your token on social media * Engage with the Solana community * Consider partnerships and collaborations #### Growth * Monitor your token’s performance regularly * Adjust distribution settings based on feedback * Consider featured placement for visibility * Build utility and use cases for your token --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.taxsplit.app/documentation/taxsplit/security-and-best-practices.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.