
Crypto enthusiast
16 Followers
Thanks for making writer coins safer! However, there's still a problem with the spoofed writer addresses and associated fake reward claims: For example this Writer Coin was created under the paragraph writer address of @pfista : https://basescan.org/token/0x1f0FfE37Fb6f2cEfcf1b152a4809f050ae710304 The paragraph profile for this writer address indeed shows the verified badge for his Farcaster profile. Now what happens is, that the one who launched the writer coin, is able to claim the full 5% rewards pool - seemingly without any proof. See this transaction here: https://basescan.org/tx/0x22b73e63fb55cafc36b81abc4f7335cc81d7c75400466d4027457bd435f8a743 (the transaction input data and emitted event look like they exploit a bug) Finally the free reward tokens are sold, once there are buyers for the coin. In my eyes only an "admin" should be able to call the "launch" function on the coin factory contract.
Is there an update to this? Not only that they spoof Socials and writer address (as pointed out by @camille ). They also add themselves as to the list of reward recipients, claim the reward tokens and as soon as someone buys the fake coin, they sell the claimed reward tokens.
I'm testing few Things in the Base App
Earning BTC just for posting on this app is based๐ฐ