IDIOT

❓ Frequently Asked Questions

Everything you need to know about IDIOT Token, Base network, and cryptocurrency.

💡 Can't find your question? Join our Discord community or check the comprehensive guides linked below.

🚀 IDIOT Token Basics

What is IDIOT Token?
IDIOT Token is a community-driven meme token on Base network. It's designed to be transparent, honest, and fun - no false promises, just pure unadulterated chaos. The token has zero tax on transactions and is built for the community, by the community.
Why should I buy IDIOT Token?
IDIOT Token offers several advantages:
  • Zero Tax: No hidden fees on transactions
  • Transparent: All tokenomics are public and verifiable
  • Community-Driven: Decisions made by token holders
  • Base Network: Fast and cheap transactions
  • Fair Launch: No pre-sales or insider advantages
However, remember this is a meme token - only invest what you can afford to lose.
What is the contract address?
The IDIOT Token contract address on Base network is: 0xC29EF04CFFe38012dcfc1E96a2B368443f298dE1

Always verify this address before making any transactions. You can view the token details on BaseScan.
How do I buy IDIOT Token?
To buy IDIOT Token:
  1. Set up a wallet (MetaMask recommended)
  2. Add Base network to your wallet
  3. Get ETH on Base network
  4. Go to Uniswap and connect your wallet
  5. Switch to Base network
  6. Swap ETH for IDIOT using the contract address
For detailed instructions, see our Complete Buying Guide.
Is IDIOT Token safe?
IDIOT Token is as safe as any other meme token. The contract is verified on BaseScan, and the tokenomics are transparent. However, remember:
  • This is a meme token, not a guaranteed investment
  • Only invest what you can afford to lose
  • Always verify contract addresses before trading
  • Be aware of the risks in cryptocurrency

🌐 Base Network Questions

What is Base network?
Base is a Layer 2 blockchain built by Coinbase that offers:
  • Low Fees: Transactions cost pennies instead of dollars
  • Fast Transactions: 2-second block times
  • Ethereum Security: Inherits security from Ethereum mainnet
  • Easy Onboarding: Simple bridge from Coinbase
  • Growing Ecosystem: Many DeFi protocols and dApps
For more details, see our Base Network Guide.
How do I add Base network to MetaMask?
To add Base network to MetaMask:
  1. Open MetaMask and click the network dropdown
  2. Click "Add Network"
  3. Enter these details:
    • Network Name: Base
    • RPC URL: https://mainnet.base.org
    • Chain ID: 8453
    • Currency Symbol: ETH
    • Block Explorer: https://basescan.org
  4. Click "Save" and switch to Base network
How do I get ETH on Base network?
There are several ways to get ETH on Base:
  • Bridge from Ethereum: Use the official Base bridge at bridge.base.org
  • Buy directly: Use Coinbase to buy ETH and withdraw to Base
  • Use Ramp/MoonPay: Buy crypto with fiat directly on Base
  • Swap tokens: If you have other tokens on Base, swap them for ETH

💰 Trading and DeFi Questions

What is DeFi?
DeFi (Decentralized Finance) is financial services built on blockchain without traditional intermediaries like banks. It includes:
  • Decentralized Exchanges (DEXs): Trade tokens without intermediaries
  • Lending Protocols: Earn interest on your crypto
  • Yield Farming: Earn rewards by providing liquidity
  • Staking: Lock tokens to secure networks
For a complete guide, see our DeFi Guide.
How do I earn rewards with IDIOT Token?
Currently, you can earn rewards with IDIOT Token by:
  • Liquidity Provision: Provide liquidity to IDIOT/ETH pools on Uniswap
  • Staking: Coming soon - lock tokens for rewards
  • Governance: Participate in community decisions
Remember that providing liquidity involves risks like impermanent loss.
What is impermanent loss?
Impermanent loss occurs when providing liquidity to trading pairs where the token prices diverge significantly. For example, if you provide liquidity to IDIOT/ETH and IDIOT price goes up while ETH stays the same, you might end up with less IDIOT than if you had just held the tokens.

This loss is "impermanent" because if prices return to their original ratio, the loss disappears. However, if prices don't return, the loss becomes permanent.

🔒 Security Questions

How do I keep my crypto safe?
To keep your crypto safe:
  • Use Hardware Wallets: For large amounts, use Ledger or Trezor
  • Keep Seed Phrases Safe: Write them down, never store digitally
  • Verify Addresses: Always double-check before sending
  • Use Official Sources: Only use official websites and apps
  • Enable 2FA: Use two-factor authentication where possible
  • Keep Software Updated: Regular updates include security fixes
What should I do if I think I've been scammed?
If you think you've been scammed:
  1. Stop all transactions immediately
  2. Move remaining funds to a new wallet
  3. Change all passwords and enable 2FA
  4. Report the scam to relevant authorities
  5. Warn others about the scam
  6. Learn from the experience to prevent future scams
Remember: legitimate projects will never ask for your seed phrase or private keys.
How do I verify a smart contract is safe?
To verify a smart contract is safe:
  • Check on Block Explorer: Look for "Verified" status on BaseScan
  • Read the Code: If you can, review the smart contract code
  • Check Audits: Look for security audits from reputable firms
  • Community Reviews: See what others say about the contract
  • Start Small: Test with small amounts first
  • Use Established Protocols: Stick to well-known, audited protocols

📊 Technical Questions

What is gas and why do I need it?
Gas is the fee paid to execute transactions on the blockchain. It's like paying for postage to send a letter. Gas fees:
  • Pay for computation: Cover the cost of processing your transaction
  • Prevent spam: Deter malicious actors from flooding the network
  • Vary by network: Base has very low gas fees compared to Ethereum
  • Depend on congestion: Higher when network is busy
On Base, gas fees are typically $0.01-0.10, much cheaper than Ethereum.
What is slippage and why does it matter?
Slippage is the difference between the expected price and the actual price you get when trading. It happens because:
  • Price changes: Token prices move between when you submit and execute
  • Low liquidity: Not enough tokens in the pool
  • Large trades: Big orders affect the price more
You can set a maximum slippage tolerance (e.g., 0.5%) to protect against large price changes.
Why did my transaction fail?
Common reasons for failed transactions:
  • Insufficient gas: Not enough ETH to pay gas fees
  • Low slippage tolerance: Price moved beyond your limit
  • Insufficient balance: Not enough tokens to complete the trade
  • Network congestion: Too many transactions at once
  • Contract issues: Problems with the smart contract
Try increasing gas limit, adjusting slippage, or waiting for less congestion.

🎯 Community Questions

How do I join the IDIOT community?
Join the IDIOT community: The community is friendly and helpful - don't be afraid to ask questions!
How can I contribute to the project?
You can contribute to IDIOT Token by:
  • Holding tokens: Support the project by holding IDIOT
  • Providing liquidity: Help with trading by adding liquidity
  • Community participation: Join discussions and help others
  • Content creation: Create memes, videos, or educational content
  • Governance: Participate in community decisions
  • Spreading the word: Share with friends and on social media
Is there a roadmap for IDIOT Token?
IDIOT Token follows a community-driven approach with transparent development. Key areas of focus:
  • Community Building: Growing the IDIOT community
  • DeFi Integration: Adding staking and yield farming
  • Partnerships: Collaborating with other projects
  • Governance: Implementing community voting
  • Ecosystem Growth: Supporting Base network development
The roadmap evolves based on community input and market conditions.
Buy IDIOT Now → Crypto Education →
⚠️ Disclaimer: This FAQ is for educational purposes only and should not be considered financial advice. Always do your own research and invest responsibly.