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$RLOCK
Mar 4, 2023 • 15 tweets • 9 min read
1/15 Recently, I came across a r/cc thread that stated "97.7% of tokens launched on Uniswap were rugpulls according to a finding." The situation on BSC (pancakeswap) is even worse.
Another educational 🧵 #Radix#EVM#rugpulls#liquiditylocks#smartcontracts#cryptoinvesting $xrd
2/15 This particular sentence has caught my eye:
"More precisely, we show that 90% of tokens using locking contracts tend to become a #rugpull or a malicious token eventually."
Feb 18, 2023 • 16 tweets • 4 min read
1/ Babylon is closing in and with it, the time we get real #dex's on #radix. In this educational thread, we'll talk about locking and vesting and why they're important for #cryptocurrency investors.
2/ Let's start with an example of locking. Suppose Joe creates his own meme token, ElonFloki ($ELFLO), and mints it on the network. For the token to start trading on a DEX, Joe needs to list it to a DEX and add liquidity.