A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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© 2020 Relevant Protocols Inc.
A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
53474 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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Zero pity. The notorious MEV bot known as 0xbad has fallen on hard times, just like the rest of us. After 75 days of exploiting value from unexpecting users, this mempool menace backfired on its owner, creating a beautiful display of on-chain karma. After one unfortunate user tried to swap $1.85M of Compound cUSDC for USDC on Uniswap v2, a lack of liquidity meant they only received $500 in USDC. 0xbad was quick to profit from the swap, backrunning the trade with an elaborate arb involving many different DeFi dApps. $1.02M in a single sandwich.
Zero pity. The notorious MEV bot known as 0xbad has fallen on hard times, just like the rest of us. After 75 days of exploiting value from unexpecting users, this mempool menace backfired on its owner, creating a beautiful display of on-chain karma. After one unfortunate user tried to swap $1.85M of Compound cUSDC for USDC on Uniswap v2, a lack of liquidity meant they only received $500 in USDC. 0xbad was quick to profit from the swap, backrunning the trade with an elaborate arb involving many different DeFi dApps. $1.02M in a single sandwich.
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