@Azmuth8 Yes, he create, set the price and start the pool. He was able to dump all of it because everyone is buying (adding ETH to the pool).
The dev add liquidity after but they can only add the LP as the current price in the pool (not set new price).
What happen in APE coin? (On-chain txn)
1. A guy added liquidity with 5000 APE and 12.5 ETH in Uniswap (open price $6.9) ~ 6.9 B MCap
https://t.co/nUJwyVLoc5
2. That guy is dump 600 APE minute for about 60 transaction making 345 WETH
https://t.co/pqEcYpvoQu
1/2
Why can someone claim APE token before claim started and can to add LP before the team?
The team gnosis multi-sig wallet open claiming time at 1647518887 or 17 Mar 22 12:08:07 UTC and unpause the claim. Anyone can use claimToken function to claim token using the contract.
1/3
It is also possible that the person was able to claim APE token before the LP is added via Custom Contract and add the LP before the team (Classic LP adding mistake). Unless someone know who the address belong to.
https://t.co/vDKI1b5992
If you look at how it was exploit, somehow the victim signed and invoke selling in OS so the exploiter can buy them for 0 ETH.
Could be either
1. Phishing for Wallet Signature
2. Extension changing content of signing in OS
3. OS API problem
I'm more lean toward 1 or 2
Looks like there is a possible exploit regarding OpenSea Buy/Sell API report by many individual. I would highly recommend revoking ERC721 permission for OpenSea contract if you have sell/transfer NFT in OpenSea before.
https://t.co/0xlY924wMy
https://t.co/86kWEcVQfL
I just published Concave Presale Contract Review
This is a simple contract using Merkle Tree and a highly authorized multi-sig wallet.
https://t.co/B10OBTqftr
@rahmiyildiz@SierraDAO I'm only in the multi-sig for presale contract, after launch the multi-sig for dapp (e.g. Staking, Treasury) is control by the project decision and policy.
@porkuso I'm only in the multi-sig for presale contract, after launch the multi-sig for dapp (e.g. Staking, Treasury) is control by the project decision and policy. Hopes that answer your question.
I just published Sierra Presale Contract Review
This is a good example of an implementation of multi-sig contract with 3rd party fail-safe measure
https://t.co/v4WMKRwEvi
I just published Samecoin Presale Contract Review
This is a contract where normal wallet control all of the presale funds. Token contract is unverified and upgradable without Timelock.
https://t.co/iMFCQj0VuO