LooksRare Official Team Cashed Out $30 Million Worth of Ethereum, Community Gets Mad - BitcoinEthereumNews.com
Ethereumलुक्सरायर आधिकारिक टीम ने एथेरियम के $ 30 मिलियन मूल्य को भुनाया, समुदाय पागल हो गया02 / 14 / 2022बिटकॉइन एथेरियम समाचार The team of one of the largest NFT marketplaces in the NFT industry, LooksRare, has की पुष्टि की the cash-out of $30 million worth of Ethereum coins, which made the community furious. Here‘s how the marketplace managed to make such a large sum without stealing any users’ funds. Staking of LOOKS tokens According to the official fee structure of the NFT marketplaces, the team of the project has obtained millions worth of WETH rewards by staking unattributed LOOKS tokens. Whenever users sell their NFTs, they receive a reward in LOOKS tokens that usually acts as a fee compensation. The unattributed tokens were staked, which allowed the team of the marketplace to receive an enormous number of wrapped Ethereum tokens, which they later cashed out through a coin mixing solution. (/ 1 6)nTo address this: First off, the amount is incorrect: its closer to 10,500 ETH and we have 10+ full-time team members. You can verify the amount on the blockchain by checking ETH transfers sent out on the analytics tab from the team address.https://t.co/Z4Qkv5T02a — Zodd ???????? (@ZoddLooksRare) फ़रवरी 14, 2022 One of the team members of