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Feb 7

The LOOKS halving is here. No, wash traders are not leaving.

On January 10th, the LooksRare NFT marketplace made its debut with a voraciously vicious vampire attack against the not-so-beloved giant, OpenSea. Since then, users who have claimed the airdrop and staked their tokens have been drinking fine wine and collecting a steady stream of LOOKS and WETH rewards at an average of 600% APR. It’s no secret that the WETH rewards have been almost entirely funded by the wash trading of zero royalty collections such as Meebits and Loot in order to stack LOOKS...

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