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Tldr; LP sniping is when a new LP is created, you see the event, and then be the first to buy the shitcoin before everyone else (including bots) and then sell to the straggler bots / retail. In order to do this they bribe hundreds of thousands of $ -- usually with bananagun. The feature would have uniswap lp creation scanning and then flag any account that interacts with it -- they will emit a trade with the pool event so its quite simply classification, however it is multi-block and need to look for rug transactions from the lp creator.
The text was updated successfully, but these errors were encountered:
Tldr; LP sniping is when a new LP is created, you see the event, and then be the first to buy the shitcoin before everyone else (including bots) and then sell to the straggler bots / retail. In order to do this they bribe hundreds of thousands of $ -- usually with bananagun. The feature would have uniswap lp creation scanning and then flag any account that interacts with it -- they will emit a trade with the pool event so its quite simply classification, however it is multi-block and need to look for rug transactions from the lp creator.
The text was updated successfully, but these errors were encountered: