Another example of the dangers of "risk free" aggression in DeFi Land:
<a href="https://twitter.com/SiegeRhino2/status/1381035640989626369" rel="nofollow">https://twitter.com/SiegeRhino2/status/1381035640989626369</a><p>Some choice excerpts:<p>"a bot paid a hefty 68 ETH fee to the miner in order to buy 100 ETH worth of KTN before anyone can..."<p>"The catch is ... there is a line in the code that says that liquidity snipers can't dump their tokens..."<p>"The @kattanatrade team even published the source code, with the "LiquidityTrap" feature, which prevents sniper from dumping their token."
This is an update in the war started by: <a href="https://news.ycombinator.com/item?id=26514624" rel="nofollow">https://news.ycombinator.com/item?id=26514624</a><p>"The owner of the first poisonous token noticed their victim was the latest predator on the block and they dropped a cryptographically signed note of respect in the Flashbots discord":<p>From: <a href="https://etherscan.io/verifySig/2503" rel="nofollow">https://etherscan.io/verifySig/2503</a> :
Congratulations 0x2, looks like I was sloppy and left some money on the ground.
You have my respect, not a lot of people react like you did.