1d ago
Well, the team at @avantisfi refuses to speak on the sybil attack that’s been affecting $avnt since launch. I don’t have all of the details to do a comprehensive breakdown but there was an entity that was able to exploit s1 and/ or s2 airdrops to farm MILLIONS of $avnt through hundreds of wallets. The team will not address this issue, they either don’t care to or are too afraid to expose the mistakes.
No true breakdown on how much this entity is still holding, no public statement regarding this matter and zero meaningful ideas or solutions to actively counter the massive sell pressure.
Will hold until dust, but… goodness. This looks horrible.
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