What Does A DeFi Rug Pull Look Like: A Viking Swap Storyby@jimqode
6,449 reads

What Does A DeFi Rug Pull Look Like: A Viking Swap Story

March 14th 2021
4 min
by @jimqode 6,449 reads
tldt arrow
Read on Terminal Reader

Too Long; Didn't Read

Viking Swap was a clone of Goose Finance, which in turn seemed to have taken most of its contract code from SushiSwap. Viking Swap’s medium feed and telegram channel both displayed the same message titled “An Ode to Warriors” that announced devs have pulled the plug. The result was a frenzy of people trying to pull their liquidity assets from the Viking Swap pools. As VIKING token price headed for 0$, those who were hit the worst was the people who staked on the VIKING/BUSD pool. They were able to get a tiny fraction of what they put in if they were lucky.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coin Mentioned

Mention Thumbnail
featured image - What Does A DeFi Rug Pull Look Like: A Viking Swap Story
Jim Qode HackerNoon profile picture

@jimqode

Jim Qode

About @jimqode
LEARN MORE ABOUT @JIMQODE'S EXPERTISE AND PLACE ON THE INTERNET.
react to story with heart

RELATED STORIES

L O A D I N G
. . . comments & more!
Hackernoon hq - po box 2206, edwards, colorado 81632, usa