🎃🧛♂️ DeFi's Vampire Attacks: Trick or Treat? 🧛♂️🎃
As Halloween looms, let's dive into the spooky world of DeFi's "vampire attacks." No garlic needed here! In DeFi, a vampire attack is when one platform lures users from another by offering better incentives, effectively "siphoning" liquidity.
Remember SushiSwap's 2020 raid on Uniswap? SushiSwap tempted liquidity providers with juicier rewards, draining Uniswap's liquidity faster than you can say "boo!"
Got thoughts on DeFi's cutthroat tactics? Share in the comments below! 👇
