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The contract address distributing the airdrop allocation for @pharos_network. It only has about 2.7M $PROS tokens in it. Yet, the team claimed they would distribute 10M tokens at TGE. It no surprise why top testnet aren't eligible.
If you defend this, you're evil
@0x0_air
You can now claim your Mayhem airdrop in the Farcaster app
https://t.co/t6Ihpgid17
The Mayhem NFTs collection is capped at 10,000 and is now open to users with FIDs from 1M to 3M and an account quality score above 0.5.
@GensynFND@_jamico People from the CIS were never able to participate in the sale, as when it was necessary to deposit money, it was always necessary to go through KYC again.
It seems @cysic_xyz TGE was heavily clustered, i found more than $20M $CYS upto 12.5% of circulating supply rotated through some interesting wallets that were created 2 days ago :
0xe3e8E1147a47dCf42fa73892D74928544fe5a6A9
yesterday this newly created eoa of just 2 days ago and funded via binance hot wallet was one of the top holders of CYS token, it started sending out millions of cysic tokens directly to CEXs like Kucoin, Gate io etc might be for exchange liquidity or MMs, even after providing it via other wallets already, lol
the interesting part :
it also sent CYS tokens to other new external wallets forming small clusters and it was more than 12.5% of circulating supply mainly sent to 4 new addresses all funded 2 days via CEXs like kucoin and bitget, later those wallets hopped those tokens to hundreds of other addresses in small quantities like upto 100k CYS each to many further new wallets
this all was done in same time window
cluster 1 :
0xB71C68F893BD049460C91272f3Cb042f82c4E792
this wallet was created 3 days ago, it received 5M CYS tokens from above (0xe3e8) then it started rotating those tokens further into many different wallets via small bacthes of each 100k-139k CYS into many new different wallets in small time gap (minutes)
cluster 2 :
0xf7ccede5a9ccc81ecffdf5eb1c7f188d1d9f73a2
another newly fresh funded wallet, this one received 3M CYS same from the above (0xe3e8) and ultimately sent out those 3M in small transactions to different wallets each of 20k-83k CYS, again all done in small time window
cluster 3 :
0x949b9964ecc009674546da74f0e87217ee45008a
another fresh wallet funded via kucoin that received 6M worth CYS tokens from again the same address (0xe3e8), ultimately these tokens were clustered into many different wallets upto 30k-148k CYS each tx
etc
there are lots of small other bundles, follow same pattern :
fund fresh eoas > receive CYS > hop between multiple wallets > link up with main cluster wallet
the clusters formed with above wallets and some others that i did not mention were so nicely hopped between/to other newly created wallets, but each one in small time gap of seconds-minutes and each tx of almost same amount
result :
upto 12-20% of cs was manipulated and some sent to CEX already, ultimately community ended up with bad allocations, people who joined sale cubes and others who contributed either faced losses or were not rewarded as promised by the team
right now its the meta of extraction, there are lots of presales going around most of them are cash grabs
should we join all? no
should we fade all? no
get in only after you finish dyor, know your risk managements or have edges over the crowd, like i have in @zama sale which is the benefit of NFTs, still im waiting for team to clarify the edge clearly and won't invest in blindly before my own research
until then save yourself from rugs, scams and stay away from any suspicious project don't waste your money blindly if you can't afford the loss
stay safe