5 ms·
Another example of the dangers of "risk free" aggression in DeFi Land: https://twitter.com/SiegeRhino2/status/1381035640989626369 https://twitter.com/SiegeRhino
by justjonathan 5y ago
Another example of the dangers of "risk free" aggression in DeFi Land:
https://twitter.com/SiegeRhino2/status/1381035640989626369 https://twitter.com/SiegeRhino2/status/1381035640989626369
Some choice excerpts:
"a bot paid a hefty 68 ETH fee to the miner in order to buy 100 ETH worth of KTN before anyone can..."
"The catch is ... there is a line in the code that says that liquidity snipers can't dump their tokens..."
"The @kattanatrade team even published the source code, with the "LiquidityTrap" feature, which prevents sniper from dumping their token."