What Does the Verified Badge Mean?
On Comet, a verified badge next to a token signifies that the token has been verified on DexHunter.io. This verification ensures that the token is recognized as legitimate within the Cardano DeFi ecosystem and helps traders differentiate verified assets from unverified ones.
Why Is Token Verification Important?
Authenticity Assurance: The verification badge helps prevent scams by indicating that the token has undergone verification on DexHunter.
Increased Trust: Users are more likely to trade verified tokens, as they have been reviewed and accepted by the DexHunter verification process.
Better Visibility: Verified tokens are more easily recognizable, making them stand out in the app.
How to Verify Your Token on Comet
Since Comet sources its token verification from DexHunter, projects must complete verification on DexHunter.io to have their token marked as verified in Comet.
Steps to Verify Your Token on DexHunter:
Ensure your token meets DexHunter's verification criteria.
Visit the DexHunter Token Verification Request Form.
Fill out the form with accurate project details, including the policy ID and any supporting information about your token.
Submit the request and await DexHunter’s review.
Once approved by DexHunter, the verified badge will automatically appear on Comet.
What’s Next?
By understanding the verified badge system, you can make more informed trading decisions while using Comet or get a verified badge for your own Cardano token.
