➡️ What is it?
This happens when a bot notices your transaction, buys the token before you, and immediately sells it after your transaction. As a result, you end up buying at a higher price, and the bot profits. However, if you’re faster, the bot might fail due to minimal slippage.
➡️ How does it work?
Bots use wallets in the same shard as the DeDust pool or StonFi router. This ensures their transactions are prioritized. Transactions from wallets in different shards (randomly assigned during wallet creation) take longer, making them vulnerable. More details here
➡️ How to defend yourself?
Developers from "The Open Dev" Blog introduced a way to create wallets in specific shards. Details
For DeDust, use:
EQDa4VOnTYlLvDJ0gZjNYm5PXfSmmtL6Vs6A_CZEtXCNICq_For StonFi, use:
EQARULUYsmJq1RiZ-YiH-IJLcAZUVkVff-KBPwEmmaQGH6aCℹ️ This ensures your transactions are as fast as the bots’, putting you on equal footing in terms of speed. The outcome will then depend on luck.
🤔 It’s theoretically possible to create a wallet optimized for faster token swaps, but this is complex and rarely utilized by bots.
#moneyDefense #humor
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