OpenSea is Under Attack by Vampire!
Blog iconLi
Jan 11
OpenSea has got a lot of criticisms lately. But this time, it’s going through a vampire attack! The term comes from DeFi. It is a method where one protocol steals another protocol’s investors by offering a better rate. So what has happened to OpenSea?I’ll explain what a Vampire Attack looks like first. The most infamous one was from SushiSwap, a Uniswap clone back then. When SushiSwap launched, they offered a much higher APY to Uniswap at 1000% for the initial hours. It attracted over $150m a...

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App Maker #iOS #DeFi #NFT

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