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/biz/ - Business & Finance

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23099599 No.23099599 [Reply] [Original]

Can we take a moment to appreciate that STA is not affected by the Uniswap vampire bots?

>> No.23099916

>>23099599
checking my own digits here

>> No.23099947

>>23099599
QRD on the vampire bots? I've been out for a month or so.

>> No.23099957

>>23099916
pathetic

>> No.23099991
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23099991

Not one single time has STA let me down yet. I fucking love this project.

>> No.23100063

>>23099947
When you buy a token on uniswap, it looks for the path with the lowest price, but only with the top pairs (ETH, COMP, etc) which means that sometimes the less common pairs get out of sync price-wise and people have figured out how to use bots to capitalize on these arbitration opportunities, which allows them to siphon off small amounts of liquidity at a time from projects

>> No.23100111
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23100111

>>23099599

What are Vampire Bots doing anyway? dont get it

>> No.23100147

>>23100111
read this >>23100063

>> No.23100155

>>23100147
how is this profitable with shitty gas prices

>> No.23100204

>>23100155
I have no idea, honestly. I think the worry is overblown, desu

>> No.23100383

Statera once again proves to be the best choice.

>> No.23100412
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23100412

>>23100111
>>23100155
>>23100204
https://etherscan.io/tx/0xafc8a6262e36ed236f3992e152d5367a767530d8a8b1b33e7dd61c34a7d55fa5

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

>> No.23100525

I watched this happen for days with NYAN, back around 20september and onwards. You could tell the bots were up to some fuckery, because there would be constant near instant trades where a bot somehow traded 60 eth in a buy then 60.8 eth in a sell within fractions of a second.

Not sure if its the same thing exactly, but the price of NYAN slowly dipped and bled out over the weeks whilst this was going on. I kept pointing out how can a bot be trading like that and making massive profit and not affect the project, but nobody seemed to care.

>> No.23101559
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23101559

based