bZx's IUO: Who made more than $500,000 in profit in just over half an hour?
蓝狐笔记
2020-07-14 02:35
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History repeats itself again.

Editor's Note: This article comes fromBlue Fox Notes (ID: lanhubiji), reprinted by Odaily with authorization.

Editor's Note: This article comes fromBlue Fox Notes (ID: lanhubiji)》。

, reprinted by Odaily with authorization.

After UMA's IUO was used to make huge profits of hundreds of thousands of dollars last time, bZx's token IUO (issued for the first time on Uniswap) staged a similar incident again. For the last UMA event, you can refer to Blue Fox Notes "

IUO at UMA: Who is the winner?

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(The user's BZRX token transaction activity on Uniswap, SOURCE:ETHERSCAN)

Like the last UMA, this time bZx is listed on Uniswap and a market-making fee is also deposited, including 1,000ETH and 5,000,000BZRX. Calculated at $ETH238.44, the initial price of BZRX is $0.047688.

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After the bZx token BZRX was listed on Uniswap, a user immediately purchased 1,966,111.46 BZRX with 650ETH (worth about $155,000) through a smart contract, exchanging 39.3% of the BZRX in the pool.

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(The user purchased 39.3% of the BZRX in the pool with 650ETH, SOURCE:ETHERSCAN)

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