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by justjonathan
1889 days ago
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Another example of the dangers of "risk free" aggression in DeFi Land:
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." |
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