Opportunistic trader front-runs HydraDX’s Balancer LBP contract for $50,000
A cunning trader exploited Balancer’s LBP contracts to front-run HydraDX’s token offering for $50,000 before it officially launched. Polkadot-powered decentralized exchange HydraDX has raised roughly $22.86 million in just the second public token sale offered using Balancer’s Liquidity Bootstrapping Pool, or LBP. However, one opportunistic trader was able to front-run the offering by exploiting the…
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