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Apr 30

Unpacking Solana’s Economic Activity

Executive SummarySolana has quickly established itself as one of the fastest-growing ecosystems in the blockchain space, largely due to its ability to offer high-speed transactions with low fees. In this report, we took a detailed look at Solana’s economic activity and growth, using Ethereum as a benchmark for comparison. Our analysis covers several important areas, including decentralized finance (DeFi), non-fungible tokens (NFTs), overall network activity, and the economic sustainability of...

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A Deep Dive into Blockchain Oracles

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RugCheck: On-Chain Detection of Rug Pulls and Token Fraud on Solana

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Token Sniping Bots on Solana: A Deep Dive into Exploits and Mitigation Measures

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Unpacking Solana’s Economic Activity

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Wormhole Exploit: How Solana Took the Hit and Recovered

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Tokenomics 101: How to Design a Sustainable Token Economy

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Post cover image
Blog iconLampros DAO
Apr 30
Token Sniping Bots on Solana: A Deep Dive into Exploits and Mitigation Measures
Executive SummaryToken sniping bots are automated tools designed to take advantage of newly launched tokens by purchasing them the moment they become available, often before regular users even have a chance to react. These bots actively monitor the Solana blockchain for token listings, using high-speed strategies and priority execution to front-run manual traders. Once they acquire the tokens early, they typically sell them soon after for a quick profit. This process can cause token prices to...
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Apr 30
RugCheck: On-Chain Detection of Rug Pulls and Token Fraud on Solana
In the crypto world, a rug pull refers to a scam where token creators suddenly abandon their project and walk away with investor funds. This often happens in decentralized finance (DeFi) environments, where oversight is limited and anyone can launch a token. Typically, the project starts by generating hype, encouraging users to buy in. Once enough liquidity is added or tokens are purchased, the developers either drain the liquidity or dump their tokens, causing the price to crash and leaving ...
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Apr 25
Wormhole Exploit: How Solana Took the Hit and Recovered
AbstractThis article presents an in-depth, data-driven analysis of the February 2022 Wormhole bridge exploit, one of the largest in DeFi history. Using original Dune dashboards, we investigate the immediate and mid-term impacts on Solana's token flows, user behavior, and cross-chain infrastructure, offering key insights into the ecosystem's resilience and evolution. The Wormhole Incident: How a $320M Bridge Exploit Impacted Solana's EcosystemOn February 2, 2022, the Solana ecos...
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Jul 26
Tokenomics 101: How to Design a Sustainable Token Economy
Cryptocurrencies have surged in popularity, each with its unique characteristics and economic models. Understanding these fundamental aspects, known as tokenomics, is crucial for any investor looking to navigate the complex world of digital assets effectively.What is Tokenomics?Tokenomics refers to the analysis of a cryptocurrency’s fundamental characteristics, which can help investors compare tokens and make better-informed decisions. It includes various factors such as market capitalization...
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Jul 16
Understanding and Installing Solidity Compiler for Smart Contract Development
Ethereum stands as the leading platform for smart contract development in the blockchain landscape. As the leader in smart contract programmability, it has gained the trust of developers worldwide. The programming language most suited for creating these contracts on Ethereum is Solidity, which comes with a range of features to help in the development and deployment of smart contracts. However, to deploy these contracts, you must use a Solidity compiler. A compiler is essential for Ethereum de...
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Jul 2
Exploring dApps: Types, Use Cases, and Examples
Web3 is revolutionizing the digital landscape with decentralized applications (dApps) that offer new ways of interacting, transacting, and managing data. In our previous article, we learnt about the foundational aspects of dApps, explaining their core concepts, architectural differences, and real-world applications. DApps represent a transformative shift from traditional, centralized applications to decentralized systems powered by blockchain technology. They offer unparalleled benefits in te...
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Jun 14
A Comprehensive Guide to Blockchain Wallets
When we talk about cryptocurrencies, blockchain wallets are mentioned as essential tools for managing digital assets. Just like a traditional wallet holds your cash and cards, a blockchain wallet stores your cryptocurrency and the keys needed to access and transact with it. However, the similarities mostly end there, as blockchain wallets offer unique features and benefits tailored to the needs of the digital age. In this blog post, we explore the fundamentals of blockchain wallets and how th...
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Jun 4
A Deep Dive into Blockchain Oracles
Blockchain oracles are entities that connect blockchains to external systems, enabling smart contracts to execute based on real-world inputs and outputs. Oracles bridge the gap between isolated blockchains and off-chain data and compute, playing a crucial role in the creation of a verifiable web. With the potential for assets worth hundreds of trillions of dollars to move on-chain, blockchain technology is revolutionizing industries like financial markets, global trade, insurance, and gaming....
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May 21
Decentralized Exchanges Transforming Crypto Trading
In the landscape of cryptocurrency exchanges, the emergence of decentralized exchanges (DEXs) has led to significant interest and debate among traders and investors. While DEXs promise a trustless, non-custodial environment, they also bring forth a unique set of advantages and challenges that shape the future of digital asset trading. In this comprehensive blog, we dive into the functionalities of both DEXs and centralized exchanges (CEXs), exploring their advantages, disadvantages, and the p...
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May 9
Understanding Decentralized Applications (dApps): A Beginner's Guide
DApps, short for decentralized applications, are a cornerstone of Web3, operating on decentralized networks powered by blockchain technology. But what exactly is a DApp? In essence, it's an application that runs on a distributed system like Algorand's blockchain. Unlike traditional apps, DApps operate on decentralized logic, enabling them to function globally without the need for a central server. Think of it as your everyday app, but with a twist – it's powered by blockchain. ...
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Apr 23
A Guide to Solidity: The Language Behind Ethereum Smart Contracts
Decentralized Applications (Dapps) are revolutionizing the digital landscape, using Ethereum's blockchain network and smart contracts. At the heart of Dapp development lies Solidity programming, an innovative language designed by the Ethereum team. In this tutorial, we provide you insights into the intricacies of Solidity programming, exploring its evolution, core concepts, and practical applications.Understanding Solidity ProgrammingSolidity is an object-oriented language designed for c...
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Apr 12
The Role of Cryptography in Ensuring Blockchain Security
In today's tech-driven landscape, few innovations hold as much promise as blockchain technology. Offering a better approach to distributed, decentralised ledger systems, blockchain stands as a secure and transparent method of record-keeping. While still in its early stages, blockchain has demonstrated significant potential. Yet, one may question its security features, wondering how it ensures safety for users. The answer lies in cryptography, the bedrock of blockchain security. Understan...