Difference between revisions of "SafeMoon Protocol (SAFEMOON)"
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* Safemoon Hacker [https://newsletter.blockthreat.io/p/blockthreat-week-16-2023 stroked] a deal with developers to return $7.1M (2-5-2023). | |||
* On March 28, 2023 Safemoon lost $8.9m after [https://rekt.news/safemoon-rekt/ failing to restrict access] to the [[Burn Mechanisms|burn]] function in a [[Smart Contract (SC)|contract]] upgrade. Interestingly, the original attacker was [[Frontrunners|front-run]] by an [[Maximal Extractable Value (MEV)|MEV]] bot also involved in last week’s [https://twitter.com/NumenAlert/status/1638563104668925952 Nuwa hack] which promised to return stolen assets. | * On March 28, 2023 Safemoon lost $8.9m after [https://rekt.news/safemoon-rekt/ failing to restrict access] to the [[Burn Mechanisms|burn]] function in a [[Smart Contract (SC)|contract]] upgrade. Interestingly, the original attacker was [[Frontrunners|front-run]] by an [[Maximal Extractable Value (MEV)|MEV]] bot also involved in last week’s [https://twitter.com/NumenAlert/status/1638563104668925952 Nuwa hack] which promised to return stolen assets. | ||
Revision as of 12:00, 22 May 2023
Basics
- Based in:
- Started in / Announced on:
- Testnet release:
- Mainnet release:
- Wants to be an exchange. Got famous for their pump & dump during the BSC craze of early 2021:
"A single solidity file with just two commits made on the same day was enough to build a token with a market cap in the millions, and FDV in the billions of dollars."
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
- Safemoon Hacker stroked a deal with developers to return $7.1M (2-5-2023).
- On March 28, 2023 Safemoon lost $8.9m after failing to restrict access to the burn function in a contract upgrade. Interestingly, the original attacker was front-run by an MEV bot also involved in last week’s Nuwa hack which promised to return stolen assets.
Governance
Admin Keys
DAO
Notable Governance Votes
Treasury
Token
Launch
Token Allocation
- Had a 12% allocation towards devs, but those tokens got burned. The rest were distributed through liquidity mining.
Utility
Other Details
Stablecoin
Coin Distribution
Technology
- Whitepaper can be found here.
- Code can be viewed here.
- Built on: Binance Smart Chain
How it works
Fees
Upgrades
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Oracle Method
Their Projects
Roadmap
- Can be found here (5-2021).
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding, Partners
Team
- Full team can be found here (7-5-2021). With all team members their socials, but not any links to their Github activities.
- John Karony; CEO
Funding
- Had a $1M fundraiser which it over scribed a little bit (13-4-2021).
Partners
(:
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