 | Real USD a stable coin was recently depegged to all liquidity being removed. This had dire consequences as a user Panic swapped all his stable coins to USDC . unfortunately a MEV took advantage of the situation and gained 100% of his funds. The user swapping his USDR coins to USDC receives exactly 0 USDC The MEV bot sandwiching itself and receiving 107,000 of users funds The Bots final holdings. Edit 1 : Misleading title. It was a MEV bot that front-ran a transaction with 100% slippage tolerance. thanks to u/sebmad7 in the comments for pointing it out. [link] [comments] |
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments