An Airdrop Chase: A Tale of 21,877 Wallets and Misguided Ambition
posted 11 Sept 2023
Launching a closed-source Gemstone token and an in-house decentralized exchange, he achieved automated trades between these wallets, tapping into his own liquidity pool.
The payoff? Reduced slippage and curtailed transaction charges.
But, patterns emerged. Spotting repetitive behavior amongst wallets and diving into transactions, the analyst discerned a singular underlying strategy.
Having been exposed, he's likely to walk away empty-handed, considering the use of multiple wallets to obtain an airdrop isn't permitted.
The big question: Would you go to such extents for an airdrop?
The payoff? Reduced slippage and curtailed transaction charges.
But, patterns emerged. Spotting repetitive behavior amongst wallets and diving into transactions, the analyst discerned a singular underlying strategy.
Having been exposed, he's likely to walk away empty-handed, considering the use of multiple wallets to obtain an airdrop isn't permitted.
The big question: Would you go to such extents for an airdrop?
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