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Smart Contract Bug Results in $31M Loss

3 pointsby privongover 3 years ago

1 comment

rvzover 3 years ago
From [0]<p><pre><code> Who do we expect to be the primary users of MonoX? -DeFi Degens: A new way to Ape. No more explanation needed. -Alpha seekers: Traders who are looking for a cheaper alternative to invest into crypto compared to using other GAS and fee heavy AMMs&#x2F;DEXs. -DeFi Enthusiasts: DeFi natives, protocol connoisseurs, and yield farmers who love to use&#x2F;experiment with new and exciting DeFi products. -Projects &amp; Developers: Legitimate projects looking to launch their token, but lacking in sufficient capital. -Anyone who was rug pulled: We have a two-tiered pool system for Official Pools and trustless listing pools (where the vUSD balance cannot go below 0). Such a system makes it harder for rug pulls and scam token listings to operate. </code></pre> rekt by their own token. Oh dear.<p>[0] <a href="https:&#x2F;&#x2F;etherscan.io&#x2F;address&#x2F;0xe50ce2e7def2a10c258c0bdaf8653ed99fac6291#code" rel="nofollow">https:&#x2F;&#x2F;etherscan.io&#x2F;address&#x2F;0xe50ce2e7def2a10c258c0bdaf8653...</a><p>[1] <a href="https:&#x2F;&#x2F;rekt.news&#x2F;monox-rekt&#x2F;" rel="nofollow">https:&#x2F;&#x2F;rekt.news&#x2F;monox-rekt&#x2F;</a>