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  2. Cryptocurrency Ecosystem
  3. Decentralized Exchanges (DEX)
  4. Dex exchanges, risks with manipulation!!!!

Dex exchanges, risks with manipulation!!!!

oliverchloe
2022-10-21 11:33:48

Today, two dex exchanges were manipulated with borrowed funds, these are Julswap and BurgerSwap, as a result of which the tokens of the exchanges sank in price by more than 50%. Do you think this is the negligence of the exchange team, or is it something else? How could this be avoided? After all, the holders of these coins are in a big minus

Post Reply  
AndreasMAntonopoulos
2022-10-21 11:34:42

Can you give me a link to that information buddy? :) Some of the new projects have locked their tokens in the liquidity pool which they can withdraw whenever they want, I will look at the partners of the project before investing, I will even ask if the contract has been audited by Certik, it will add trust investor before investing in the token