1/10
Yesterday the @ApolloDAO sale took place on the #Terra blockchain🚀🎉.
Today we provide you a new on-chain analysis 🔎!
🤖This time we'll focus on bots 🤖
➡️Before the sale / Fees of bots
➡️How bots influence price
#TerraLuna #LUNAtics $LUNA
Yesterday the @ApolloDAO sale took place on the #Terra blockchain🚀🎉.
Today we provide you a new on-chain analysis 🔎!
🤖This time we'll focus on bots 🤖
➡️Before the sale / Fees of bots
➡️How bots influence price
#TerraLuna #LUNAtics $LUNA
2/10
Some important background information:
The @ApolloDAO Token (terra100yeqvww74h4yaejj6h733thgcafdaukjtw397) was created via the execution of a proposal in TX finder.terra.money/mainnet/tx/ACE….
So it all started at Block 5423469 at 2021.11.24 19:16:04 UTC.
Some important background information:
The @ApolloDAO Token (terra100yeqvww74h4yaejj6h733thgcafdaukjtw397) was created via the execution of a proposal in TX finder.terra.money/mainnet/tx/ACE….
So it all started at Block 5423469 at 2021.11.24 19:16:04 UTC.
3/10
The Liquidity Pool $APOLLO / $UST (terra1xj2w7w8mx6m2nueczgsxy2gnmujwejjeu2xf78) was created via the @terraswap_io factory contract in finder.terra.money/mainnet/tx/88d….
This happened at Block 5423770 at 2021.11.24 20:50:26 UTC.
The Liquidity Pool $APOLLO / $UST (terra1xj2w7w8mx6m2nueczgsxy2gnmujwejjeu2xf78) was created via the @terraswap_io factory contract in finder.terra.money/mainnet/tx/88d….
This happened at Block 5423770 at 2021.11.24 20:50:26 UTC.
4/10
Last important date, before the sale could start:
💸The providing of the initial funds for the liquidity pool.
finder.terra.money/mainnet/tx/a68… at Block 5424862 at 2021.11.24 22:55:28 UTC.
This are the 3 important events:
1⃣Token created
2⃣Pool created
3⃣Initial liquidity providing
Last important date, before the sale could start:
💸The providing of the initial funds for the liquidity pool.
finder.terra.money/mainnet/tx/a68… at Block 5424862 at 2021.11.24 22:55:28 UTC.
This are the 3 important events:
1⃣Token created
2⃣Pool created
3⃣Initial liquidity providing
5/10
We can see on-chain, that all of the events 👆 triggered some bots with different strategies.
➡️Lets have a closer look what the bots did before the sale realy started (before the initial liquidity was provided).
We can see on-chain, that all of the events 👆 triggered some bots with different strategies.
➡️Lets have a closer look what the bots did before the sale realy started (before the initial liquidity was provided).
6/10
1⃣ THE TOKEN
Strange stuff here.
➡️162 wallets tried to provide liquidity to the contract instead of the pool.
➡️Spent 215 $LUNA in 20512 transactions ‼️
All txs failed - because you can't provide liquidity to a token contract...
Was this a smoke-ball?
Or a wrong config?
1⃣ THE TOKEN
Strange stuff here.
➡️162 wallets tried to provide liquidity to the contract instead of the pool.
➡️Spent 215 $LUNA in 20512 transactions ‼️
All txs failed - because you can't provide liquidity to a token contract...
Was this a smoke-ball?
Or a wrong config?
7/10
2⃣ THE LIQUIDITY POOL
➡️620 Wallets tried to buy before the liquidity was provided to the pool. They just tried multiple times a block sometimes - and spent fees.
➡️In total 26956 $UST were spent by bots before the liquidity was provided! 😬
2⃣ THE LIQUIDITY POOL
➡️620 Wallets tried to buy before the liquidity was provided to the pool. They just tried multiple times a block sometimes - and spent fees.
➡️In total 26956 $UST were spent by bots before the liquidity was provided! 😬
8/10
One bot spent 8940 $UST with this tactic, before the sale.
It tried to swap in 3576 transactions before the liquidity was provided...
➡️ Probably not the most efficient bot out there...
Nr. 2 spender used 5275 $UST before the pool was filled with liquidity.
One bot spent 8940 $UST with this tactic, before the sale.
It tried to swap in 3576 transactions before the liquidity was provided...
➡️ Probably not the most efficient bot out there...
Nr. 2 spender used 5275 $UST before the pool was filled with liquidity.
9/10
3⃣ PRICE AFTER LIQUIDITY PROVIDING
➡️The first 7 bots already bought within the block of the liquidity providing from the team.
➡️The price increased from 0.5 to 4.2UST (a 8.4x) in the first block.‼️
Detailed price in the first 7 blocks after the pool went live 👇
3⃣ PRICE AFTER LIQUIDITY PROVIDING
➡️The first 7 bots already bought within the block of the liquidity providing from the team.
➡️The price increased from 0.5 to 4.2UST (a 8.4x) in the first block.‼️
Detailed price in the first 7 blocks after the pool went live 👇
10/10
The Apollo sale showed that there are already a lot of bots on the #Terra network.
Yeah, they increase the price of a sale, but they also spend a lot of money to do that.
➡️ Keep that in mind and respect that in your tactics!
Pls retweet and ❤️! 🙏
The Apollo sale showed that there are already a lot of bots on the #Terra network.
Yeah, they increase the price of a sale, but they also spend a lot of money to do that.
➡️ Keep that in mind and respect that in your tactics!
Pls retweet and ❤️! 🙏
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