An unusual wallet-draining system is making its rounds again.
This drainer has siphoned at least $300,000 from its victims so far.
I tracked their movements to understand how the exploit works, and how they hide their tracks.
🧵
miir
3,530 posts
miir
@0xmiir
Joined November 2021
- WE'RE FLYING 200 PEOPLE TO MET DHABI. Due to overwhelming demand, we're doubling the subsidies (100 to 200) for the LP Army to attend Met Dhabi with us. Let's enjoy the incredible LGE week ahead of us, then full force on Met Dhabi shortly after. More approvals to come soon.
- A small group of wallets have had their MET contributor allocations zeroed out. After the MET checker went live, it came to my attention that several folks started bragging about 'succesfully tricking' the team, gaming the contributor forms with fake entries or edited messages
- $2.76M in fees were generated on @MeteoraAG pools in the last 24 hours — more than any other protocol on @solana. LPs win on Meteora.
- 2% of MET will be allocated to Off Chain Contributors. Let’s break down this allocation in more detail. The Rationale We set this allocation aside to reward all the contributors playing a part in growing @MeteoraAG & @met_lparmy via off-chain efforts like education, community
- Met Dhabi Weekend Update: A new batch of subsidy approvals have just been sent out - check your inbox! Over 100 subsidy approvals have been given out so far, and I'll be rolling out few more batches as soon as possible. More Met Dhabi news to come over the week.
- I want to experiment with LP Coaching. We already have a full curriculum, a lineup of experts, and a wave of new LPs who want to learn how to make money. There's a huge opportunity to put these together & form a sustainable growth engine for @met_lparmy. Anybody interested?Replying to @0xmiir and @met_lparmyi do 1 on 1 bootcamp session, interested👀?
- Writing this with about two hours of sleep in me, but it’s been a super eventful, and somewhat emotional, evening. It’s so incredible to see the feed filled with everyone’s allocations — one after another. From those who’ve been here grinding since early 2024, to those who
- Over the weekend, the @MeteoraAG DLMM alone generated over $1 million in fees each day. Almost ALL of this goes back to @met_lparmy. LPs win on Meteora.
- The MET launch was an incredible success. Smooth claims for both LP & token allocations, 100% uptime, zero major issues. I couldn’t be prouder to be a part of this team and this incredible community. Now, back to what we do best: building great products and making you money.
- Next batch of Met Dhabi subsidy approvals to go out soon. Reminder: subsidy applications have been reopened until the end of the week. We'll wrap up community subsidies by the following week (9th Nov) to give folks enough time to make their bookings. metdhabi.typeform.com/subsidies
- This statement was a tough pill to swallow. This month was supposed to be the first-ever month that we hosted THREE LP Bootcamps — a series of Turkish, English and French LP bootcamps hosted by @Heavymetalcook6, @MetturkDAO, @tiiagoslb and many more talented LP instructors. Ben
- If you’re serious about LPing, or want to level up your profile, attending Met Dhabi is a MUST-do. Every expert, every person who cares about LPing will be within reach. If you really want to attend Met Dhabi but need a subsidy, DM me and tell me why you should be there.
