/biz/ - Business & Finance

This is huge

So... will my money go poor?

FUCK, how do I do this?
>know python, cpp & html

>>23086766
you can't anon, the other guy is already doing it. you need to observe it and find out your own exploit

I wonder who is czbehind this drain exploit...

Bullish for UNI

>>23086699
Well shit.

we need a new frontend asap, but who can make one?

So what dose it mean to the normal user?

>>23086699
>>23086913
>this kind of arbitrage would not be possible if the Uniswap frontend was coded correctly
>we need a new frontend asap, but who can make one?
Guys.... Is it the redemption arc starting?

>>23086824
Promising, but I'm not sure it's bullish yet.

>>23086960
Bots are scam selling shitcoins for Eth by using lagging values (so they're getting more on return than they initially bought for).

>>23086960
it means when you use uniswap on some pairs you are getting routed through sub-optimal coin routes, which means you pay more money than necessary to buy that amount of coin, this extra money is now getting collected by that guy's arbitrage bot

>>23086699
Okay let's get straight to the point
Is this bullish for Chainlink or not?

>>23086974
bros... fUniswap...

uniswap is behind this....HAYDEN IS GETTING RICH WITH THIS SHIT. HUGE SCAM.
DYOR AND READ THIS ANON!

https://medium.com/dfohub/a-black-hole-in-uniswap-v2s-front-end-router-is-draining-the-value-of-tokens-26f5a459b5d7

uniswap doesnt want to fix the problem, because they control this BOTS!

>>23087045
Yes.

>>23086699

buy the dip, or wait till the holes are patched in the sinking ship?

I noticed this like two weeks ago, wish i knew how to code lol

>>23087193
if it makes you feel better i know how to code, wrote bots in college and internships to do lazy shit like spam on twitter or data scrape our advertising areas all for virtually no gain, yet still am too lazy to write any kind of bot that would make me real profits

its a lot of work....

>>23087008
Thank you man !!

>>23086699
So this is the power of DeFi(™)

>>23086699
Uniswap needs to be taken to kleros court. Do the needful

>>23087431
fucking kek'd

>>23086699
this is nothing lol, just wait till someone makes a 'flash loan builder' website and any old normie can exploit the tiniest of arbs with zero risk

>>23087548
yes anon, any old normie will use defi flash loans to exploit arbitrage opportunities in decentralised smart contracts

NOOOOOOO

who is going to buy my 400 UNI now???!!!

>>23087548
>'flash loan builder' website
You mean unilayer?

Uniswap actually kinda sucks ngl

>>23087234
Any good books on how to write bots?

>>23087008
Chad based

>>23086699
Is there hope?

>>23086699
The creator of uniswap refused to integrate chainlink so he deserves what he gets. He said link was a scam

>>23088058
I remember that. Can’t remember if he said he was gonna use band or his own in house oracle but yeah he’s fucking retarded. He was involved in a chainlink tweet when link first started mooning above 5 dollars and he trashed it so hard

>>23087836
Not that I've come across, but that's mostly because writing bots in general is not some kind of special class of coding. It's just literally another form of scripting, with the exception that you interact with other site's APIs to query calls and shit for data.
Literally anything you learn with a basic scripting language can be ported to making a bot. The more you know about how to code, the more complicated your bot can be.
Shit like https://automatetheboringstuff.com/ will just teach you the fundamentals to automating stuff in Python, it won't teach you anything about "bot writing" per se but literally everything you'd learn there would be enough for you to write a bot because it's all the same principles.
Though I wouldn't use python for it, pythons a bit too slow for botting high speed transactions. Something like Go would probably be better because of the ease of parallelizing and its great speeds, or Lisp.
Either way it mostly comes down to your ability to take basic concepts in coding and just translate them into something aking to "a person doing something automatically".

>>23086766
> see what the bot is doing
> pip3 install asyncio, aioetherscan, uniswap-python, web3
> emulate the behavior
> ???

>>23088149
based fellow dev

>>23086784
this

chinks can't stand to be out jewed

>>23086699
Uniswap v3 is launching before the end of this year retard.

>>23088058
link is a scam. unishit can just fork chaimlinks code on github you literal smoothbrain retard

https://beincrypto.com/how-uniswap-could-be-draining-the-value-of-defi-tokens/

>>23087008
Thats fucking based as hell. Fuck unicunt.

>>23089205
will that forked code include link's network effect?

>>23087008
THAT GUY IS UNISWAP ( HAYDEN AND FRIENDS)

Reminder the devs behind DFOhub not only figured out how this whole thing takes place, they have already created a counter-bot that projects can use to help stave off vampire arb. Also, they are openly asking Uniswap if they need their help lmao. Anyone not investing in DFOhub is dumb money, these autists are the next Vitalik and Gavin

>>23087045
holy fuck you mentally ill nulink cultists. NOT EVERY GOD DAMN THING IS ABOUT YOUR FUCKING FAGGOT COIN BY FAGGAY WHO KEEPS BLOWING HIS 500K LOADS ON YOUR FAGGOT CULT FACES NOW STFU ABOUT SCAMSTINK YOU GOD DAMN MONKEY BRAINED QUEERS

>>23088058
neck yourself nulink queer not everything is a bout your faggot queer coin

FUCKING FIX IT YOU SMUG PIECE OF SHIT

I just bought 500 UNI.

>>23086699
>UNISWAP DRAIN ATTACK THEY'RE STEALING FUNDS FROM USERS

>it's literally just arb bots

fuck you OP

Wait there’s retards still in UNI?? I thought that was a joke. You guys are serious?? HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA (wheez) HAHAHAHAHAHAHAHAHAHAHAHAHA

UNI AND LINK ARE FUCKED. Wake up.

>>23086699
how is natural triangular arbitrage an exploit?

>>23086699
jews at it again

You do realise this token will be $0.10 by next month, right? There is ONLY sell pressure. There is ZERO buy pressure. If you're holding this you need psychotherapy lmfao

>>23086766
what is cpp?
if you dont even know how to spell CSS i doubt it that you will make it

>>23086699
Anon who sold for ps5 and rtx cards feeling pretty comfy rn

>>23090010
c plus plus

DUMP YOUR SHIT. Buy XRP.
The best part of the anti XRP delusionists is they base their entire assumption on the basis of “XRP hasn’t mooned, therefore it never will”. Their simple minds fail to observe anything, compute mathematics, incorporate logic, entertain reason. These fools are the definition of fool. They are their own worst enemy. Their blind bias and hysterical anti XRP stance emanates from their own ignorance and frustration at themselves for being unable to understand the very facts making XRP have value. The depression and anguish these morons will feel when they indeed witness XRP explode (and I can guarantee it will), will be perhaps the worst anguish a man can exist with when it comes to a “missed opportunity”. They will have to realize they had extensive time and opportunity to examine, learn and acquire XRP, and instead hemorrhaged capital on non-starter shit show coins. They will go through grief like stages of DABDA - denial, anger, blame, depression and acceptance. They will deny XRP is truly on an upward trajectory. Some may FOMO in too late, however many entrenched haters will deny it is happening and deny it will last. The anger will occur throughout the process as they lash out, upset by missing the opportunity they had ample time to partake in. They’ll blame each other, blame you, blame me, blame family and forums and threads and every crypto retard they can point at, and even most
Importantly blame themselves. The depression phase will last years, maybe decades. They’ll be reminded of the missed opportunity in XRP every single day they awake to their peasant like existence of toil and hardship. Some may kill themselves as a result. I actually had a friend say this to me exactly after he sold a large position of XRP, “If XRP ever hits the $10 you talk about, I will kill myself.” Acceptance will be rare and only the most mature and emotionally secure individuals will truly accept the reality of XRP rising.

Bullish for CORE

>>23088596
you will have to out gas it

The fact that /biz/ is so down on UNI should be your big buy signal. Retards ignored LINK until it was $10.

>>23090022
neck yourself mentally ill cultist. xrp was something of note 2-3yrs ago now its just a biz shill scam

>>23090066
>The fact that /biz/ is so down on UNI should be your big buy signal.
yep

How do I profit from this, anons?

>>23089843
The only based post itt

>>23086699
The bots are definitely a problem and the Uniswap team are in denial. The bots will take advantage of any price movement to suppress the price and net small profits with each trade.

Say for example you buy a token, the price of the token increases slightly. The bots will then trade than token for another, and then make several similar over with as many pairs as possible in order to gain maximum profit. This is 100% supressing the price of token pairs which arent by default listed in the Uniswap front end.

>>23090232
you wait for it to hit $2 and then you sell your UNI, then when it goes back to $10 in December you go all in. Repeat. It's the /biz/ way

>>23090286
Why would anyone want UNI to moon anyways? That would cause impermanent loss and higher operating costs. UNI is literally designed to lose money, it's hyperinflationary to reward those using it.

>>23090430
i dont really care about UNI desu, this is happening to other coins on Uniswap that im concerned about

>>23089924
It isn't. Don't underestimate how retarded these people are.

>frontend
frontend prices don't matter... if they did you could modify them yourself with inspect element

the smart contracts all do the trading
there's always going to be arbitrage with so many markets

>>23090595
The devs behind DFOHub are certainly not retarded actually pretty autistic

The DFOhub devs deserve big credit for figuring this shit out. Also, they're currently fixing it for themselves by doing an emergency migration of liquidity from staked positions. Which means that once that's complete, their tokens $BUIDL, $ARTE, UNIFI are going to be a far safer buy than any other. Bullish. Pay your respects and invest

https://github.com/b-u-i-d-l/unimergency

>>23089924

It's not natural. The inter-pair price disparities of certain tokens are the unnatural by-product of Uniswap's unnatural and arbitrary routing mechanism, and bots can repeatedly exploit it to arbitrage out endless eth from their pools. There's no counter-arbitrage that would exist in a natural system searching for equilibrium, it's just a constant drain, and the DFOhub quickscope wasn't sophisticated enough to help

>>23089478
This. DFOhub team keeps impressing me the more I learn of them.

>>23090759
>unnatural and arbitrary routing mechanism
how are smart contract calls unnatural?

its actually pretty hilarious how this just comes off as shit uni fud and the dfohub devs are retarded. but in reality it's real, and the dfohub devs and community are right. they aren't geniuses for finding this their community was pissed because the price was dumping, and its such a small community they knew nobody was capitulating. the only trades were arb bots and yet the coin was slowly bleeding out -----> CONCLUSION the arb bots are dumping with triangular arb somehow. HOW? well the dfohub devs took a deeep dive and noticed that swaps were never routing through the BUIDL-UNIFI pair that everyone staked. that's weird. I wonder why... oh look at the front end code of uniswap they only route through 6 coins. That's weird i wonder if we forked the front end and added our token pairs to the routing paths....... oh that's weird i guess it works. I mean the uni devs allow arbitrary LP's which isnt bad, but could you imagine the cost of computing the optimal path through allllll those pairs? easier to just pick some popular ones.

If the dfohub autists actually end up saving Uniswap, I will sell my entire fucking portfolio except LINK and move it into their tokens.

>>23090800

It's unnatural in in that it corrupts a fair and efficient market system, in which traders would be routed through the optimal path rather than an arbitrary one. Hayden's demented system means that bots are also stealing LP fee gains from providers to all these countless untracked pairs, btw

>>23090615
They clearly are. One pair having more volume than another is common, that's a normal arb opportunity.
>my coin is dumping and everyone on my telegram promises they aren't dumping therefore it's "unnatural" and heretical arbitrage.

>>23091008

Volume is but one of many many factors here lmao the irony of you calling people retarded is rich

>>23090010
kys

>>23090911
It’s really fucked up how the s Uniswap team reacted when this issue was presented to them. I was surprised by how defensive they were and their unwillingness to compromise. Although this whole episode sucks I’m glad DFOHub has been the first to address it and come up with a solution. I’ve no doubt many other uniswap tokens are and will suffer from these arb bots.

this is why crypto is never gonna take off

>>23090010
based retard

>>23091008
You genuinely do not understand what is happening.

>>23091044
Explain it retard. I read the original article that describes normal arb as if it's some surprise phenomena they "discovered", didn't explain the problem and suggested a solution that doesn't do anything.

>>23091144
It doesn’t describe normal arb lmao how dumb are u fren

>>23086699
It's literally nothing, just arbitrage.
Again and again I'm shocked at how dumb the average crypto buyer is.

>>23091224
Explain it enlightened one.
Here's a post pretending to explain it but just like the article just takes a lot of words to describe a common phenomena solved by arb bots that take a profit for doing so and then implies there's an issue. >>23090911

>>23091249
>>23091322
can't explain rocket science to a chimp

>>23091322
explain why the price is dropping if only bots are trading and nobody else is selling. shouldn't it be net zero ?

>>23091422
you're retarded the only difference is that arb bots profit instead of the user that makes the trade.
It would be better if the user had better prices but it's not an exploit and it doesn't do anything to price of tokens.
>The bot has drained the equivalent of 0.16 ETH from the BUIDL and UniFi liquidity pools.
That eth would go to the manual swapper instead, there's no difference.

Again, it's shocking. At least thanks to yield farming I made a fortune on brainlets.

>>23091534
ok Hayden

>>23087107
This >>23089478
They approached Hayden about it and he basically shut them down saying the problem didn't exist. I think their building their own dex now

>>23091534
you're retarded, this arbitrage happens as a result of uniswap routing through hard-coded pools instead of optimal ones for the pair

>>23091657
>the only difference is that arb bots profit instead of the user that makes the trade.

>>23091665
no, it's not that users are "not profiting", they are in fact losing money because they are charged sub-optimal exchange rates

>>23091438
>if only bots are trading and nobody else is selling
If only bots are trading how is the route webapp trades take relevant? None of this is coherent.

>>23091665
So what you’re saying is that this centralised system favours the bots who are keeping the price down?

>>23091739
nobody is keeping the price 'down'.
It's impossible to dump the price of unrelated tokens.

Including all pairs in the calculation would lead to bad experience of many failed trades, because illiquid pairs can move rapidly very fast. There are arguments for having a dynamic list that sorts by pool depth but the idea of analyzing every possible route is not practical.

>>23091739
Uniswap provided you with a service that reduces the amount of money you pay to arb bots compared to traditional exchanges but that service doesn't take into account all possible pairs so now this additional service you didn't know existed until yesterday is in your caveman mind an evil plot to drain poor shitcoins of their tremendous worth.

>>23087045
>
based

>>23091861
Cope

>>23090022
i have some xrp but that's so i can get free flare

>>23091861
>>23091810

>Buy 100 Token A for 1 ETH
>token A price rises as arbitrage happens within Token A-ETH liquidity pool
>Sell 100 Token A for 105 Token B through Token A-Token B pair
>token A price drops, token B price rises as arbitrage happens through Token A-Token B pool
>sell 105 Token B for 1.5 ETH
>token B price drops as arbitrage happens through Token B-ETH pair

Since the equation always balances, 0.5 ETH has been drained from the mcaps of token A and B. This has been happening hundreds of times a day to hundreds of shitcoins. The transaction makes no sense EXCEPT to steal value from coin mcaps, and would be impossible under the old Uniswap v1 method (which just routed all tx's through ETH).

>>23091810
Stop bullshitting everyone can see they are keeping the price down

Honestly would not be surprised if the larpers ITT pretending the bots aren’t suppressing the prices are actually the guys behind the bots themselves. Someone is profiting from this after all.

>>23092105
Your example doesn't make any sense
>Buy 100 Token A for 1 ETH
ok price of A rises
>Sell 100 Token A for 105 Token B through Token A-Token B pair
what? But it's A that's worth more. No, what the bot would do is buy A with B.
But the bot doesn't have B.
So what actually happens is

>user buys A with ETH on the A:ETH pool
>price of A rises only on the A:ETH pool
>bot buys B in the B:ETH pool
>bot buys A with B in the A:B pool
>bot sells A for ETH in the A:ETH pool. Price of A goes down, but it's still higher than it was at the beginning

Result: price of A in ETH grows, price of B in ETH grows (because of lp fees). Literally the opposite of what these dfohub brainlets claimed.

>>23086699
Ecochain and EFG when it launches literally fixes this.

>>23092379
>i don't understand what's going on
>so therefore what's happening isn't happening lmao!

Christ. There are Token A-Token B pools, that's where the exploit happens. If things were confined to the ETH pairs, like in Uniswap v1, this could not happen.

Uniswap v2 automatically routes trades to arbitrage in the user’s interest, but only via pairs including its six, hard-coded, listed tokens -- WETH, DAI, USDC, USDT, COMP and MKR. This process ensures that the prices of those pairs are kept in sync with each other.

Unfortunately, it also ensures their prices are OUT of sync with every pair that does NOT include one of these listed tokens, and bots can take advantage of that to drain value from those pairs.

Pic is YFO getting rekt -- bot puts in .514 ETH, gets .538 back -- it is not creating free value, so on that tx .24 ETH was drained from the mcap of YFO.

https://etherscan.io/tx/0x09a31b8565ab2572a15ac9a97a99949ca66471ce3a7cb779f435c06579746ae4/

Here's the aforementioned dfohub getting rekt -- bot puts in 6.25 ETH, gets out 7.8 (!!) ETH.

>>23086699
>if prices were properly synced
how is this supposed to happen without arbitrage like this occurring, prices don't just magically "sync", they get arbitraged to equilibrium

>>23092672
>>23092700
so you're upset that WETH, DAI, USDC, USDT, COMP, and MKR denominated pools get equilibrated before other pools? that makes sense, but doesn't routing through those pools produce less slippage for traders since they have more liquidity

>>23089717
>>23089761
literally seething

>>23092379
Nice pilpul

>>23092700
>>23092740

Routing txs through whichever pair had the best exchange for the trader would solve the problem instantly. But it'd involve a lot more front end computational power, and provide less revenue for LPs in those 6 pools.

Tx's like

https://etherscan.io/tx/0x09a31b8565ab2572a15ac9a97a99949ca66471ce3a7cb779f435c06579746ae4/

are not adding value to the ecosystem. This is straight up robbing people by creating arbitrage in a flawed system.

>>23090022
No, I base my entire anti XRP position on the fact that it's Jewish.

g-guys is this b-bullish for honeyswap and steak?

>>23092379
>Literally denying reality
You are one special spacker I’ll give you that

>>23092861
It's bullish for other decentralized platforms.

>>23092672
>Unfortunately, it also ensures their prices are OUT of sync with every pair that does NOT include one of these listed tokens, and bots can take advantage of that
Like on every exchange ever. The uniswap router reduces how much money goes to bots.
>>23092809
>all market inefficiencies should be magically removed
Great, get to it.

>>23092861
No. It's literally only bullish for $buidl (dfohub) since it was the buidl devs who approached uniswap about it to fix the ecosystem. Hayden at uniswap shut them down so the buidl devs thought fuck uniswap and now they're only coding to protect dfohub tokens

>>23092861
It's bullish for misanthropy. Invest in bets that people will be even more retarded than you can imagine.

>>23092809
so, in the transaction that you linked: ETH to BUIDL, BUIDL to ARTE, ARTE to ETH, 1.6 ETH arb profit; this arbitrage opportunity existed because ARTE/ETH was still cheap due to not yet having been arbitraged down at the time of the ETH/BUIDL and BUIDL/ARTE swap? are you suggesting that it should be impossible to go from ETH->BUIDL->ARTE->ETH in a single transaction, because it appears to me that the arb opportunity only exists becaused those 3 swaps happened in a single transaction

>>23092936
>w-w-well i was completely wrong
>like, I apparently was unaware that Uniswap v2 exists or its basic function
>but this is your fault!

lmao

>>all market inefficiencies should be magically removed
>all
>not this major inefficiency, created and enforced solely by a large DEX's frontend which is being exploited by criminals
>g-get to it!

Don't need to -- Honeyswap, Polkaswap and a certain food related oracle that I'm not allowed to tell /biz/ about are coming.

>>23093011
>ARTE/ETH
i mean ETH/ARTE sorry

>>23092936

>The uniswap router reduces how much money goes to bots

Lol no, it increases it. Read about Mooniswap, which was created for precisely this reason

>all market inefficiencies should be allowed so that Hayden doesn't have to do any work or admit his shitty protocol is rife with fixable imperfections

Comfy there sitting on his cock?

>>23086699
this is why I made a video a week ago telling you to sell uni and buy HEX. the uni devs are of weak character and constitution.

>>23090022
double dubs confirm. just traded my last 200 UNI for XRP

>>23088149
Python is fine because the overhead in this case is the latency between your computer and the server.

>>23093011

It should be possible, but atm normal traders are deprived of direct routes between nonlisted pairs such as arte-buidl, which bots can subvert and rape them thanks to built-in unfair competition

>>23093011
>>23093024
>are you suggesting that it should be impossible to go from ETH->BUIDL->ARTE->ETH in a single transaction, because it appears to me that the arb opportunity only exists becaused those 3 swaps happened in a single transaction

If it were 3 swaps, there'd be no problem, and there'd be no reason for the bot to be doing it. That's the problem.

>>23092938
Only because the $buidl devs had the audacity to charge for their services. At a rate higher then the Legendary Holy UNI devs,

>>23093014
say the food

FUCK HAYDENSWAP AND HIS CENTRALIZED CRONIES

>>23093073

I'm not allowed. It's Italian and colorful

>>23093069

>charge for their services

Lol wut. No they don't

>>23093051
>>23093059
is pic related not 3 direct swaps

This is hilarious. Blaming arbitrage bots for your shitcoin dumping into oblivion

Hint: nobody actually wants to hold a governance coin unless they get 10000% apr cryptographic ultramoney as a reward. Thats why your dfo coins are dunping

>>23093176
It wasn’t just Dfo products, here are two tx’s involving yfi, yfii and Sora, same phenomenon.

https://etherscan.io/tx/0x7910438848a71c39bd787db994487cc97732f2bdcab42cd3adae07e894c3ef1e

https://etherscan.io/tx/0x6c108d7f92036a86bd5dac9e5e659d5ebc3c66aee908a9010a29dc1cac5987fc

>>23093014
Why can't you braindead faggots be even remotely coherent?

>>23093149

Yes, sorry, I'm a retard. I was thinking about the other guy's post

>>23093176
>This is hilarious. Blaming arbitrage bots for your shitcoin dumping into oblivion

It's not just dfo coins, it's happening to all sorts of tokens that have non-Big 6 Uniswap v2 pairs. But just look at this here:

>>23093149
>in goes 6.25 ETH
>1 second later, out comes 7.86 ETH

Where did that 1.61 ETH come from?

>>23093233
The Sora one
https://etherscan.io/tx/0x2f025ead7f6089a95952bd6a481a88c04b5571d08dc334a3591db46fe8c223ed

>>23093235

lmao

>i don't know how Uniswap works but I sure do want to argue about it!
>oh shit, turns out I don't know anything and the mean internet man made fun of me!
>... y-you're incoherent!

No, you're just a retard who got his ass torn because he thought Uniswap was still working on v1 protocol

>>23093176

BUIDL went from something like $0.005 to $5, UniFi $0.2 to $5, ARTE $0.04 to $7. Clearly people want these coins, the projects are amazing, truly decentralized governance (not the fake kind self-shilled by Uniswap) is but one aspect of them, and the descent of their prices is directly associated with the trading history of these arb bots

Few understand

>>23086699
FUCK UNISWAP

How do you set up a transaction where you go eth —> shit coin —> eth?

https://etherscan.io/address/0x7ee8ab2a8d890c000acc87bf6e22e2ad383e23ce

this motherfucker has racked up $100k doing this shit

>>23093276
In this thread I only worked from what you retards said in the thread. I can't build on what you say because it's all incoherent nonsense. Absolutely braindead.

>>23091065
>I was surprised by how defensive they were and their unwillingness to compromise.
do you not know how they have been treating HEX? the coin that made them popular? they still havn't put HEX in the search bar after all this time. they are cucks.

bitch ass uniswap

fuck em

>>23093516

Consider the likelihood that these bots are ravaging basically every token with too much liquidity in unlisted pairs.

The result is potentially millions, maybe tens of millions, in lost value from the Uniswap ecosystem

Fuck Hayden to the hellfire

>>23093516
I've made 100k in a week doing this on kucoin.

>>23093525

lmao so you admit that, literally knowing nothing about the topic, you just decided to argue about it anyway. And then specifically, having read what I wrote, decided that can't be right and just fantasized a way for things to work that would make me wrong and posted that

Good Lord

>>23093526
yeah, this is hilarious. Uniswap lists the scammiest fucking pajeet rugpulls and they won't list Hex. without richard, no one would be using this fucking shit

>>23093525

>>23093516
>RI, XIOT, DARK, XFI, YAX, LEND, on and on and on

Goddamn, that dude is just fucking everyone

>>23093516
according to uniswap this is "healthy"

>>23093666

Hayden said this was "normal" arbitrage before basically telling everyone to leave him alone >:( when confronted about on Discord

>>23091069
This

>>23093516
Daylight fucking robbery

>>23093604
>literally knowing nothing about the topic
I understand the reality of the subject fine but reality is irrelevant to understanding what insane people are thinking.
You jump from one thing to another and reference basic arbitrage as if it's something you just discovered. If you can't even make a single coherent post what's the chance that your thought process is coherent or useful?

>>23086699
didn't kleros solve this with ninjaswap?

>>23093685
Why do you think you know better? Your extensive experience from making a hobby platform that nobody uses on top of an existing platform like dfohub did?
This is objectively and verifiably the norm on all exchanges so far so what the fuck do you retards base your braindead outrage on?

>>23093747

lmao

>it's not that I tried to argue about something I admit I know nothing about and got my retard ass smashed
>y-you're incoherent!

No, you're just a moron. I and a half dozen other people in this thread have explained the situation well enough that a reasonably bright child could understand it. The fact that you don't -- it's not everyone else who's the problem here.

Again, the problem isn't with arbitrage -- that's how markets work. It's that Uniswap v2 (not v1, which was fine)'s routing protocol has a truck-sized hole in it, that bandits are exploiting to drain high-liquidity, low-volume token pairs.

>>23093811
>still flailing after getting destroyed over and over again
>still can't understand how v2 works

lol why are you still here?

>>23093811
just stop you're embarrassing yourself

>>23093811

It absolutely is not the norm on all exchange you dipshit. Mooniswap is but one example of an alternative dex that was made BECAUSE of Uniswap's rampant arb bot virus

https://cointelegraph.com/news/a-new-defi-exchange-says-it-has-solved-an-industry-wide-problem

But even Mooniswap didn't account for this shitshow. If you think millions of dollars of stolen value and prices dumping as a result is a totally fine effect of arbitration then you're either retarder and don't understand arbitration or you're one of Hayden's bootlickers. Tell us, how does it taste?

>>23093838
>a truck-sized hole
Why make these smug long posts with no content instead of just explaining the hole. None of you explained anything. You just claimed there's a hole and referenced normal arbitrage transactions. Repeating your claim is not an explanation.
>v1 horseshit
On the contrary there are more arbitrage opportunities in v1 because there are less routes the web app transaction considers so it doesn't in effect auto arbitrage among those pairs.

>>23093937
>It absolutely is not the norm
Why do you just say things? What do you know about traditional arbitrage? Clearly nothing so why talk like you do?
>gives example of some new dex specifically made to counter traditional market inefficiencies while pretending those inefficiencies are not the norm
Incoherent braindead horseshit.

>>23093954

>more arb opps on v1

Not inter-pair arb opps between arbitrarily listed and unlisted pairs, which is where the problem lies

Fuck Uniswap. Dumbfucks drank their own kool aid.

>>23094013

Lol you are a lost cause dude I give up

>>23092379
when arb opportunities exist in a triangle, they can be exploited for a profit in one of the three tokens. if the profit is only captured by one of the coins every single time, then there is asymmetry. this asymmetry could be accounted for by a counter-bot (i.e. quickscope) that scoops up arb opportunities for a profit in buidl and unifi. or it could be accounted for by routing all trades through the optimal of the three paths so that each arb opportunity is distributed randomly to each buyer symmetrically. asymmetry is created by the uniswap design because bots have an advantage, and coincidentally they always only want to make more eth, so they always arb for eth profits thus sucking eth out of the eth pairs.

>>23093954
THE NORMAL PUBLIC CAN'T DO THIS. ONLY SPECIFIC INDIVIDUALS/BOTS CAN DO THIS ARBITRAGE. get it mongo?

>>23094024
this

uniswap is dead

>>23094066
These are the same kind of people who defended shady behavior like the Bitfinex ceo trading on his own exchange using naive “muh freemarkets” excuses.

>>23093954
>i dun get it
>youre falt xD

I'll try to use the smallest words possible. I will assume you know what words like "liquidity" and "volume" mean.

There are lots of different token pairs on Uniswap. Many have a surprising amount of liquidity but very low volume. So, let's say there are two tokens, Token A (TKA) and Token B (TKB).

Uniswap's routing prioritizes token pairs that involve one of its Big 6 coins (WETH, DAI, USDC, USDT, COMP, and MKR). So, one of these bot transactions will always go through one of those pairs first.

The bot thus spends ETH to buy TKA in the ETH-TKA pair, which is liquid as hell and also has lots of volume. All good. But there is a TKA-TKB pair that has a surprising amount of liquidity, but virtually no volume. There is now a lag between the value of TKA on TKA-ETH and TKA on TKA-TKB, because TKA-TKB has not had a transaction in a while. The bot then instantly trades TKA for TKB within the TKA-TKB pair, decreasing the value of TKA and increasing the value of TKB within the TKA-TKB pair, and then instantly trades the TKB for ETH in the pair TKB-ETH, decreasing the value of TKB. The net effect is that both the value of TKB and TKA are depressed, and the bot nets a profit equal to the reduced value of both.

The lag between the privileged pairs and the smaller pairs is where the bot extracts ETH.

And as you can see from wallets like

https://etherscan.io/address/0x7ee8ab2a8d890c000acc87bf6e22e2ad383e23ce

It is being done to God knows how many tokens, not just one governance token.

There are two fixes -- going to v1-style, token-ETH pairs only, or having the Uniswap front end route transactions through ANY pair that is most advantageous for the trader, instead of always going for the Big 6 first.

>>23094139
They're all retarded chinks. Historically. Subhumans cover for subhumans.

>>23094066
>more inconsistent braindead nonsense
None of you seem to even understand what you think the issue is.
>>23094047
Same as on every exchange ever with multiple pairs. It's good that there are efforts to reduce these inefficiencies but it's not a new thing. The v2 router does reduce them but also creates the impression that having multiple pairs is seamless and without cost when it never has been so far.

>Be Uniswap devs
>Control vampire arb bots
>Want to do the needful
>Airdrop UNI to all Uniswap users
>People provide ETH to more pools, including ETH-UNI
>Have more pools to bleed with your vampire arb bots
>???
>PROFIT!

>>23094245
so youre saying its a pervasive problem that's present on other exchanges too?

PSA to all other projects suffering this shit: maybe you can model DFOhub's solution

https://github.com/b-u-i-d-l/unimergency

>>23094254

oh god fucking damnit

>>23094267

Of course it's not. That guy just can't wrap his head around the unique problem with Uniswap v2's protocol and how it's being exploited

>>23094169
>one of these bot transactions will always go through one of those pairs first
That's not what the article says. The price disparity the bots exploit exists because users on the app are prioritized through those pairs leaving other pairs out of sync. That's normal and how exchanges always worked, anything that improves on that is good including the v2 router.
>>23094267
It's why arbitrage bots exist in the first place. These magic vampire bots are traditional arbitrage bots.

Just look at all the tokens this vamp bot is sucking the life out of
https://etherscan.io/tokentxns?a=0x7ee8ab2a8d890c000acc87bf6e22e2ad383e23ce

>>23092379
wow youre retarded.

>>23094169
>https://etherscan.io/address/0x7ee8ab2a8d890c000acc87bf6e22e2ad383e23ce
I see an arb bot exploiting opportunities made by users not a feedback loop where a bot makes money making trades in response to his own trades like you describe. You're not making any sense.

>>23094377
>>23094434
>I see an arb bot exploiting opportunities made by users not a feedback loop where a bot makes money making trades in response to his own trades like you describe.
>made by users

I'm just going to start making fun of you again, ok?

>>23093014
I bet it's TEND

>>23094555

I will respect those trips and assure you that it isn't

>>23086699
enter FANTOM FINANCE

>>23094500
There's no loop there like you described. It looks like it would if it was triggered by price movement like a normal bot.
Your nonsense isn't consistent with anything in the article either. Why is that?

>>23089478
Based

Uniswap now utter garbage

I hope DFO make their own version of uniswap... they're about the only people I trust in crypto at this point

>>23094585

What? Who gives a shit about a pump and dump coin right now? Fuck off scammer.

>>23094606
i don't see why they wouldn't desu. they have more potential than the uniswap devs. they've already built more impressive ecosystems and they're not limited by their own greed.

>>23094595

I wish I could help you -- I've tried to explain things in the simplest terms and even shown you examples of it happening, but if you can't understand how this works, I'm just going to have to go back to laughing at you, because you're insisting on arguing on the internet about stuff that you not only don't understand but can't understand.

https://etherscan.io/tx/0x09a31b8565ab2572a15ac9a97a99949ca66471ce3a7cb779f435c06579746ae4/

If you think this is just natural price movement and this bot just coincidentally happened to extract a 20+ percent profit out of thin air by luckily making a nonsense trade at exactly the same time that the price of both tokens dropped by that much and the liquidity of the low-volume pair dropped by that much

And that the same thing is just naturally happening to God knows how many dozens of other tokens, all at the same time, while these bots coincidentally rack up millions in ETH through these lucky ETH-TokenA-TokenB-ETH trades, and various token devs who are all screaming that Uniswap v2's routing preferences are fucking them are all wrong, and you, who does not understand how any of this works STILL knows that everybody but you is wrong...

>>23087431
This but unironically.

Have any of you retards ever thought that this bots were unleashed by Hayden himself? Niggers, he need some spare eth for dinner, hookers and cocaine! Come on anons use some fucking brains

>>23094669
>I wish I could help you
But you can't even make a single coherent post. No knowledge will change the fact that you're incoherent and inconsistent with what the article says.
This is another long post where you hardly say anything. The argument here boils down to "these bots are making money therefore bad" but I've made more than that doing arbitrage on traditional exchanges until they fixed their own bots to act faster.

You're not making an argument that can be followed, you're just stating claims that aren't consistent with the data or even the article you're basing your claims on.

>>23090010
Kys fr

>>23087107

>>23094741
this is pilpul

>>23094697

At the very least he's disinclined to do anything about it, because they're making obscene revenue from those 6 pools

>>23094741
>I dun get what's going on lol
>that's ur fault xD

Friend, at this point a number of people have tried to explain Uniswap to you, in terms that again even a mildly bright 10-year-old could understand.

If you can't understand everyone else, it's not everyone else's problem. I encourage you to stick to CEXs, because it sounds like DEXs aren't for you.

I wish you could watch these tx's in realtime, this bot is making a killing by sucking the value off of these non-hard coded default pairs. Making around $100 a minute doing this.
https://etherscan.io/address/0x7ee8ab2a8d890c000acc87bf6e22e2ad383e23ce#tokentxns

>>23094775
Demanding coherent arguments is the opposite of pilpul. The retards in the thread can't even keep the story straight about what the supposed issue is.
>>23094798
>tried to explain Uniswap
Nobody tried that. You tried to explain the article but instead you made up some horseshit demonstrating that you didn't even understand the fucking article. You're on multiple levels of delusion to protect ideas you don't understand yourself. Completely insane.

>>23094798
don't bother with this subhuman anymore he's reverting to pure pilpul at this point

>>23094741
whenever there is an arb opportunity between three coins, you can capitalize on it by taking profit in whichever coin you want. this is like buying that token for free. and when you buy, the price goes up. the problem is that bots only want eth, so they buy free eth thus making eth go up and the coins go down. the problem is that they give bots an unfair advantage by giving them free pools to arb, instead of having them actually compete with the rest of the traders, or bots that want shitcoins

>>23094833
Again why is this shocking to you retards? Have you seriously been in crypto for more than a week and never once encountered arb bots making huge amounts of money?

>>23094835
>big words hurt head!
>all fault of Bad Talk man!

lmao

It cheers me that guys like you are in this space -- it explains how I've been making so much money this year

>>23094858
>hur dey mad at de arbitrage!
>i dun get it!

lmao

>>23094858
You are legitimately retarded. The problem is not arbitrage, it is arbitrage which is forced to route through 6 coins and therefore forced inefficiency which the bots can capitalise on. If you weren't forced to route between the big shitcoins, this wouldn't be happening, trades would be cheaper, and every pool wouldn't be getting absolutely drained of its eth right now.

>>23094847

I commend your patience in trying to explain Uniswap basics to that retard

>>23094847
This is not what the article says. You're describing the same market inefficiencies all multipair exchanges have.
The article talks about the price between the routed pairs and the others desyncing which is true but then acts as if the arb bots exploiting that are doing something new.

>>23094873
>big words
Do you seriously think you said something worthwhile? Read your posts back starting with this one.

>>23094888

It is literally what the article says, you unbelievably stupid bastard

>Because normal trades only occur among pairs tied to those six tokens, prices only change within those pairs, desyncing them from prices in all other pairs. This opens up price disparities between these two types of pairs. Arbitration bots swoop in, profiting off the difference, stripping them of value and taking off with free ETH.

If, for the fiftieth time, trades were routed through whatever pair was more advantageous for the trader, this would not happen. The problem, for the fiftieth time, is that trades are being forced through those 6 pairs.

>>23094898
>everyone dumb but me!
>they say confusing things, hurt head!

lel

>>23094888
you're right. "vampire bots" are just regular arb bots. its just a fun way to describe them whatever who cares. the point is uniswap's front end design is giving bots exclusive access to tons of pools, and they use that to take eth profits with no competition from anyone trying to take those arbs as shitcoin profits

>>23088149
> code your financial bots in lisp
based and madladpilled

>>23094874
>If you weren't forced to route between the big shitcoins, this wouldn't be happening
If you only route through ETH the desync in price happens between the ETH pair and all others.

>>23094949

If there's more liquidity in the eth pairs, the problem is neutered, because the slippage deters the bot

fuckin nerds
if i cant do it too i dont give a shit

>>23094949
>what is slippage lmao

Oh god why are you still here

>>23094913
>Because normal trades only occur among pairs tied to those six tokens, prices only change within those pairs, desyncing them from prices in all other pairs. This opens up price disparities between these two types of pairs. Arbitration bots swoop in, profiting off the difference, stripping them of value and taking off with free ETH.
Is a description of how normal arb works. The article claims these bots are not normal arb bots. You add nonsense not in the article like talk about the bots using the automatic router because you clearly don't understand any of this.

>If, for the fiftieth time, trades were routed through whatever pair was more advantageous for the trader, this would not happen.
Like I said you're complaining about a new feature that reduces market inefficiency for not removing all market inefficiency. The problem always existed and the idea with the router is to reduce it.
>>23094977
So the real problem is shitcoins spreading liquidity among too many pairs. Not a new problem but one that retards only became aware of through being spoiled by the new router.

>>23095038
>Is a description of how normal arb works. The article claims these bots are not normal arb bots.

Can you help me out a bit -- is English your first language?

>>23094741
This is the first time in a long while I've seen people spending so much time trying to spoon-feed a retard that just doesn't get it.

>>23095038
>>23094941
>>23094941
>>23094941
>>23094941
>>23094941

>>23095038

The real problem is Uniswap's arbitrary routing mechanism, which could be fixed with customizabke pairing. Also Uniswap actually promotes the ability to pool any two tokens as a feature, but doesn't mention the associated risks

>>23088112
faggot retard link is a scam

>>23095063
Fuck you.
>>23095067
There's nothing to get. There's a big arb opportunity on the fastest growing exchange and people are making money from that. There's no vampire whatever sucking the value out of your worthless shitcoins.

>>23095139
>Fuck you.

Is that a no?

If it's a yes, have you ever been diagnosed with any of the autism spectrum disorders?

How could you possibly think that "vampire bots" is anything but a fun way to describe what's happening? Of course they're just arb bots. The problem, as literally everyone AND that article has tried to explain to your retarded/Third World/autistic/combination of the three's ass, is that Uniswap v2 enforces inefficiency through the privileged pair routing, and bots are exploiting this to drain high-liquidity, low volume pools.

They are not normal bots. They are abnormal ones exploiting an abnormal situation and causing abnormal harm

>>23091657
>you're retarded, this arbitrage happens as a result of uniswap routing through hard-coded pools instead of optimal ones for the pair
Finding those routes costs money. Searching that gigantic space for an optimal route doesn’t come cheap. Maybe in the future users who care could supply some route they had calculated at their own expense via some api along with their transaction.

>>23095190
>How could you possibly think
The article isn't reasonable and you've said all kinds of retarded nonsense in this thread so I can't assume you're reasonable. You've now backtracked completely to me being completely right and this all being a semantic confusion. Fuck you and never post again you insane gaslighting faggot.

LMFAO
SUB $2 SOON

>>23095115
3 years bitch!

>>23095238
dont need to calculate optimal path, just need to not give bots exclusive access to certain pools

You know, Balancer and Ren being listed on Coinbase, they were both dumped immediately and had absolutely no pump except during the first 15 minutes.

I saw Balancer on that vampire bot's Etherscan...

Not to sound like a conspiracy theorist but... I was hoping for at least a little pump to REN and instead I'm bag holding. Ren is lower after the Coinbase listing than it was with Binance, a lot lower.

>>23090186
scam

>>23095260
to lose 50%? see you at $2.

Muh mighty x10.. for all this fucking spam too you fucking cockaroach

>>23095253

I'm going to go ahead and assume a gigantic "YES" on the "Have you ever been diagnosed with any of the autism spectrum disorders"

>dur semantics!

No, you absolute fucking retard, it is YOU who's been hung up on semantics, thinking that people have been imagining some spooky special magic type of arb bots, when in fact every single person in this thread has been trying to explain to you, over and over and over, Uniswap's routing preferences force a massive inefficiency that bots are exploiting to drain value from various LPs.

You, in between coming up with custom Sonic characters who are secretly you and sorting your toenail clippings in order of length and curve, have been the one fixating on one word in an article and managing to not understand the rest.

>>23095238

No, Anon, the retard I'm replying to above who doesn't understand how DEXs work has figured out that none of this is actually happening

Uniswap is broken.
Hayden Bots are manipulating and draining value of your tokens anon.
Open your eyes
They have created a Huge MAFIA:
This just fex random examples with a random coin (YFO)
But you can find this pattern with almost every coins.
You are loosing big money because of this scam, believe me anon...

https://etherscan.io/tx/0x0118145db16d320ebedf81a7a2de90f463e285196d85c127ee58e3c9e043a257

https://etherscan.io/tx/0x0d1cb6a89a903b2bf3232419ec73213e4c1c0bc4863210d3644e981fcfd71b74

https://etherscan.io/tx/0x716dd1a364ab034ac512f0c538d3c56ed184ba2e0fad4bb958f58156e2457042

>>23095319
Hahaha you people make me laugh! Any coin that doesn't go parabolic permanently is a scam... funny shit.
Just because you are brand new to crypto and missed out of 0.20c link doesn't mean its current price is a fail.
Yeah its down 50% from an ath caused by over hype but you only need to zoom out a couple of months to see that it is significantly higher lows than it was for 3 years.
If you thought link would stabilise at $20 right at the top of an ATH then you really are as dumb as my latest shit.
Current price in the current market is exceptional and to make you even more sower consider this... I bought a house with link, a car, 2 motorbikes and a $50,000 hifi system. And I have more link that I started off with.
Call link a scam and stay poor, simple.
Or be smart and sell your ample, xrp and rot for LINK whilst you still can.
3 years bitch

>>23095334
>another huge blog
>more gaslighting
>fixating on one word
Read your other blogs above and ask yourself who needs professional help here. Why are you incapable of formulating your thought coherently and succinctly like this guy? >>23094941
Why are the article and your blogs above focused on creating a perception of price suppression when there's no more price suppression going on than when you list tokens on traditional exchanges with multiple pairs? If that's enough to push down your price significantly there's no demand for your shitcoin anyway.

>>23095421

Do CEXs allow for unlisted pair trading?

>>23095421
>Why are you incapable of formulating your thought coherently and succinctly like this guy?

Yep, that's some high-level sperg right there.

>Why are the article and your blogs above focused on creating a perception of price suppression when there's no more price suppression going on than when you list tokens on traditional exchanges with multiple pairs?

Because, you face-blind retard, price suppression IS going on. As everyone has tried to explain to you, over and over again, showing you numerous examples of it being done to numerous projects, Uniswap's forced routing to its preferred pairs (which coincidentally are for the tokens they're encouraging people to stake) is creating massive inefficiency that is being exploited to siphon value from other pairs, by creating arbitrage through that same forced routing. Thus these bots accumulate ETH that they are extracting from dozens of coins' LPs, which is driving the price down.

if you write about this in uniswap-discord they will delete your messages and threaten to ban you.
Check it by yourself
they are hiding this while getting rich (100 eth per day in only 1 of the bots)

UNISWAP/Hayden = HUGE scam

>>23095432
They have preferred pairs with much higher volumes resulting in the same case of users almost entirely using one pair providing arb opportunities on all the others. There's nothing unlisted in uni either. The router just doesn't account for all routes like first buying unifi if you want to buy buidl with eth when that's the cheapest route.

>>23095464
You just repeat the same claims. Even if you understood what you're talking about you don't understand how to explain anything. You don't have a grasp on basic logic yet, you're a parrot.

>>23095611
He is a haydens whore. Its obvious.
He should be one of the admins on uniswap-discord.

>>23095611
>it's your fault I'm a retard!

lmao ok chief

>>23095562

By Uniswap's 'unlisted' pairs, I mean not tied to the 6 chosen tokens and therefore not available for normal trades to route through. AFAIK cex ~only~ has 'listed' pairs that cannot be bypassed or subverted by bots, whereas on Uniswap they can be; bots can arb directly through unlisted pairs in a way that normal traders can't, which is what opens up the unnatural and exploitable price disparities. This peculiarity of uniswap is where the problem lies and thus the cex similarities are irrelevant

>>23095611
He is a haydens whore. Its obvious.
He must be one of the admins on uniswap-discord ...Hinturian maybe.
Paid whores.

>>23095671
>still trying to explain basic concepts to this high-functioner

You are the Mother Theresa of /biz/ and I'm glad you're here

>>23086699

A small price to pay OP to get free UNI tokens

!!!

IT DOESN'T MATTER

BANCOR IS COMING

!!!

>>23095671
>not available for normal trades to route through
Like I described in the post you're replying to.
>The router just doesn't account for all routes like first buying unifi if you want to buy buidl with eth when that's the cheapest route.
There is no router on the old exchanges so in effect all the pairs are "unlisted" opening up "unnatural and exploitable price disparities".

>>23095759

The difference is that on Uniswap, only arb bots with special smart contracts can exploit the disparities, whereas on CEX anyone can

>>23087008
so a nothingburger

Dumb question: why doesn't Uniswap like just use this bots method as like an oracle for trading pair routes?

Wowwwwww fucking uniswap!!
I have checked 3 of my uniswap coins and they are all affected by these vampire bots.

why is nobody talking about this scam????

>>23095784
>on a cex anyone can
In theory but not really. The best bot takes all the opportunities.
You can also do it in theory on uni through multiple trades but it's too slow, just like on the cex.

>>23095348
yeah sure because he can make so much more money by fucking everyone over who uses his exchange on a public blockchain were every single transaction is visible instead of delivering a solid product (oh btw its already the biggest DEX out there) because he has like double digits of supply of his shitcoin locked for himself.

seriously this fud is hilarious.

>>23094741
You have the patience of an angel. To someone who does not know how this stuff works but has an intact brain I thought I was going nuts until you showed up. I mean what the hell, am I crazy or is the guy you are arguing with saying this:
Buy 100 TKA for 1 ETH. Price of A in E goes up so now it is 1.1 E for 100 A.
A/B pair was 1/1 before all this, and lags, and this is the whole point. Now he somehow uses his 100 A to get 105 B and then runs to cash out 1.1 ETH for his 105 TKB, but HOW WOULD HE GET 105 TKB FOR HIS 100 TKB IF THAT PAIR IS STILL 1/1???

>>23095910
>HOW WOULD HE GET 105 TKB FOR HIS 100 TKB IF THAT PAIR IS STILL 1/1???

Because the prices aren't synced between all the pairs. That's what the bots are taking advantage of. Here's a particularly egregious example:

https://etherscan.io/tx/0x09a31b8565ab2572a15ac9a97a99949ca66471ce3a7cb779f435c06579746ae4/

Here's a bot that's doing it right now.

https://etherscan.io/address/0x7ee8ab2a8d890c000acc87bf6e22e2ad383e23ce#tokentxns

the Kleros courts will be extremely busy soon

>>23095807
they are now

Sold my UNI at a 500 dollar loss, shorting it now at margin so I can make it back.

>>23096169
It was free anon how did you manage a loss

There are no free lunches in nature. Get fucked if you still use this scam.

Good news for ONIGIRI!
making dem gains!

>>23087548
Furucombo?

>some guys are using bots to arbitrage the equivalent of a couple hundred thousand dollars a day
>this explains the massive crash of hundreds of millions of worth of uni

>>23096169
Is that a boy

>>23086699
>being a financial system and having exploitable front-end in 2020

>>23096229
Uniswap ceo and friends are the bots owners.
Obviously.
For this reason they dont want to change anything...
They are earning hundreds of ETH per day and your coins are being dumped daily haha.

and there are still assholes that defend that scammer ...
(Uniswap/Haydens friends surely)

>>23087431
kek

>>23096375
is this bot arbitrage thing someone anyone with python skills can do?

>>23095611
My god how can somebody be this retarded. This has to be trolling even an ape with half a brain missing would get it with so many explanations by now.

>>23086974
Dfo hub devs already made a new front end. Thats how they proved the issue by comparing their front end to uniswaps front end. You're holding the wrong bags.

Jews itt cover for their tribes financial crimes in Brooklyn. Many knew with jews you lose.

live ama https://www.twitch.tv/dfohub

>>23096001
That’s the point, that they are not synced. If they were synced, the A/B pair would reflect that A is more valuable after someone bought A for ETH, and you could get more B for your A. But they are not synced, so you get the same amount of B for your A as you did before someone bought A with ETH.

>>23090010
>cpp
>see pee pee

get your cock out

>>23086699
>>23086766
Right, fuck I didn't even look for this.

Sometimes I do wonder if I should pop an adderall, block all shit sites like 4chan and just hunt for something.

>>23095807
+1

Note that the fact they are not synced is exploitable, but in the way that the guy you’re all hating on explained: buy B with ETH, swap B for A, sell A for ETH. But that is as far as I can tell normal arbitrage.
Also, if a bot didn’t go in and do that, A being undervalued in the A/B pair would soon be taken advantage of by normal market participants. The complaint is then only that the arbitrage profits go the fastest bot instead of to alert humans. It doesn’t keep prices down more because bots do it.
And what’s the alternative? To make the dex route your purchase via the most optimal route? Sure, that would be nice, and it would make the bots redundant, but it would only mean that you are now the bots. Yes, you get part in the arbitrage profit, and that’s a real step forward BUT the same arbitrage would happen, just you are now the bot. Arbitrage is just a fact of life, it’s how information spreads.

>>23087185
anon pointed out this a fundamentally difficult problem classified as n vs np. travelling salesman is example of class of such problems. soiboy hayden cannot solve. unless maybe uni acts a pair for all, then its no longer decentralized is it?

>>23090010
Good troll you double nigger

>>23086699
honestly I'm starting to think that the only way to get back up on profit is to go all in on cap

>>23096788
>>23096788
>>23096788

FUCK, you autistic virgin basement dwellers are right. I'm going to cut my losses (I'll sell around 80% of my UNI at once) and I'm actually going to explain why:
UNI holds extreme levels of onions. I was actually worrying for the health of Hayden's strogens filled cumbrain, but know I worry no more, I accept some individuals have no chance at redemption. Read this job offer in detail:
https://angel.co/company/uniswap/jobs/921706-smart-contract-engineer
No comments about $SOCKS are necessary.
This arbitrage game is not as easy to solve, really. Computation required to hold everything at equilibrium and no bumpy arbitrages to happen would be crazy, this is literally the travelling salesman problem. I assume Uniswap just checks 6 for that reason. To be fair, it should check through all Uniswap accepted tokens in the frontend up to 2 or 3 steps. That would only leave obscure LP up to risk.
Also, if more autists make their bots and create competitivity between arbitrage bots, the bumps will either get smaller (act when lower profit to win against the other) or create a gas war between them.
Those who put LP of non-core tokens are retarded and deserve losing value due to being out of date. They didn't do their own research. So fuck those as well.

Another note on why I'm selling the UNI: people got this shit for free. The token's economics are absolutely retarded, borderline socialist. How do you fuck this up that badly. The only thing that would solve the problem is that UNI holders just voted to distribute every year's treasure proportionally between the holders. That way they don't play the cumbrain "planned distribution" game. Also, people that did not redeem the UNI tokens yet would not recieve those free tokens.
How do you introduce 2% INFLATION after 4 years with a straight face, you motherfucker? How do you fuck up this badly, holy shit, you know people got into crypto to run away from this abhorrent practices, do you?
I hope I can buy way cheaper in a week or so.

>>23086699
My weekly moonshot channel has been on fire recently.
If you joined you had a chance to participate in some amazing calls.

This channel previously brought you:

Bnsd finance, 380%+ pump.
Mafia.network, 30%+ pump.
Chess coin, 80%+ pump.
DogeFi, 80%+ pump.

If you want to participate in my future calls then be sure to check out the telegram channel "Uniswap Chads".
I do weekly moonshots and already have 350+ chads that have joined and many are profiting from these pumps.

t.me/uniswapchads

>>23097043
Can you stop advertising this garbage in every post? No one cares about your pump and dump. Feel sorry for the bag holders you're creating.

more examples of the bots working and draining value to your tokens:

1- QNT
https://etherscan.io/tx/0xc70a21d28a306c491f72f4d02322a8412a5b542d830f93d2ff4d2da86561ed82

2. CHAINLINK! Your linkies too are going down:

https://etherscan.io/tx/0xd11b99b7cfc59c46805d9783e7a8381d56533aafcf732dc8940f8f20b3adbbd5

3. sushi!!!! huge downtrend right? here is the answe

https://etherscan.io/tx/0x13cd05673b872ff433f9d9a53b4359d6e306a81c11b21153b5eb9c094e3075e6


send me your dumped shitcoin and i will inform you if uniswap problem is affecting or not.
Hayden is stealing your money anon

more coins affected: YFII huge downtend during september right? here is the anser:

https://etherscan.io/tx/0x705becbb12dc411d6f38c0ce931476f5e9212828aa28a87cba4fe274b7565d1d


Tell me which shitcoins are u holding, I'm going to check if Hayden is stealing your money or not.

>>23097267
I got stuck holding REN cuz I thought there'd be a small pump when it finally started trading on Coinbase. Instead it dumped hard and fast and had a 5 second pump.

I saw Balance on the vamp bot and that's dumping hard too, how about REN?

yfi and safe2 too

https://etherscan.io/tx/0x823e5b6dc215447ad8d0201426106ccdac57b76751c8b50c0f0f595a16f1f26d

>>23097292
RIGHT! a lot of bots there draining REN value

here affected REN+UNI:
https://etherscan.io/tx/0x895b9c58e256100a73c017ce32958aca021c84418fcc0aeb706e2fc2cbe7a892

HERE ONLY REN:
https://etherscan.io/tx/0x3b17d67d908edd9ec18f8e2efcc5acf8cb9ddc1faacb54a223c14da6a930273e

there are hundreds of transaction during the last days..
imagine how much value he is stealing from you ... daily

GUYS. THIS IS BULLISH AF FOR FANTOM. HOLY SHIT.

>>23097267
Check SYFI please fren

>>23097360
The entire crypto market is going to be brought to its knees unless Uniswap is shut down or fixed. Even if people started using Fantom it doesn't matter if this is allowed to continue...

>>23097351
Sigh... literally down $900 cuz of this bullshit. I really fucking hope things can even recover...

So this is why shitcoins have been dumping? Will we have our legendary golden bullrun after this is fixed?

>>23097377
syfi is clean.

>>23097403
Hayden, the CEO of uniswap is not interested in fixing this. Because he's probably controlling the bots and getting rich.
The DFOHUB community has informed them of this huge problem, and they answered that it is not a problem.

tell me more coins, I'll check it.

>>23097043
that is a man

>>23097267
Check STAKE and PNK please based anon

>>23097433
oh true, I should stop being naive, this is definitely intentional

>>23097433
Lition, kind sir.

does this mean selling everything is the best choice atm ??

>>23097455
both affected:
stake:
https://etherscan.io/tx/0x65cd331b9aa598db4855438b2b0f86fb1d02a8c906400f956cc3a2ea25abf674

PNK , heavily affected:

https://etherscan.io/tx/0x22e5a532a271b497c27df3ee78a6a146867676e4b61a43bfadfab8d718a158e4

>>23097499
Fuck me. Pisses me the fuck off.
Thank you anon.

Also I made a new thread as this one will soon reach pump limit:
>>23097501

>>23097499
FUCK, NO!!!!!!!!
my pnkies!!!!!!
eeeuuughhhh, regardless, thank you ver ymuch for checkin anon fren
i hope this rubbish gets resolved, for all our sakes

>>23097467
lition is clean.

Please check RSR, that thing has been dumping hard, maybe this has something to do with it.

rsr + bzrw dumped to get more ETH:
daily hundred of times

https://etherscan.io/tx/0xe56639b09a05997a8d8ea71810842f40895042d88b18cb362125e07fa7868c56

>>23097542
>>23097520
Thank you both.

>>23097461
If he doesn't fix this uniswap will go the way of the dodo.
The market always wins and someone will come up with a uniswap type of exchange that doesnt have this flaw.
Liquidity providers will get aware of this and they will skip to the new uniswap.

>>23097750
I hope it is as soon as possible, since the loss of value of the affected tokens is YUGE

>>23097412
Nice, thanks fren

>>23097770
I'm literally bag holding cuz I'll lose too much to sell. What if most tokens never recover their previous prices? Fucking christ, this has got to be illegal.

>>23089717
lmao baited, nolinker spotted

>>23097208
Can you please check FACT

>>23097912
In case you cant find it, can someone check this for me, have been suspecting a bot dragging this down for a week.
https://app.uniswap.org/#/swap?inputCurrency=0x23aeff664c1b2bba98422a0399586e96cc8a1c92&outputCurrency=ETH