The event contract has been changing rules so frequently recently, and frankly, it's because there are vulnerabilities. Some people discover these vulnerabilities and start exploiting them, earning daily profits and turning the contract into an automatic ATM. The project team is left with no choice but to frequently adjust the rules to patch the leaks.
Seeing how popular the event contract has been lately, I have some insights. Every new project in its early stages inevitably has vulnerabilities; the key is whether someone will discover and exploit them. Early arbitrageurs are actually earning from information asymmetry and the window of improvement cycles — this is normal. But such opportunities are temporary and cannot exist forever.
Once the rules are gradually improved and the system becomes more rigorous, it will be much harder to earn easily as we do now. From another perspective, this is like the wave of airdrops back in the day; initially, anyone could make some profit. Now, do airdrops still make money? The principle is the same — every market opportunity has its lifecycle.
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CryptoDouble-O-Seven
· 14h ago
Bro, this analysis is spot on, it's really exactly like that.
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HodlAndChill
· 12-30 15:58
The golden period for arbitrage has indeed passed quickly. Those getting on board now need to be extra cautious.
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quietly_staking
· 12-30 15:56
Honestly, those who catch this wave now are lucky ones. Once the rules are perfected, there will really be no chance.
I understand, the window of opportunity is so short. If I had known earlier, I should have been more aggressive.
Vulnerabilities can never be completely patched; it all depends on who reacts faster.
This is like the difference between the old leeks and the new leeks back in the day—first-mover advantage is undeniable.
The project team changing rules until they collapse shows they've really been exploited badly, haha.
In a couple of years, looking back, these people will be the smartest.
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LowCapGemHunter
· 12-30 15:44
Honestly, current contract vulnerabilities are like free money, but this wave of dividends definitely won't last long.
When people get anxious, they change the rules at a rapid pace, clearly indicating they've been exploited a bit too much.
Who didn't profit from the airdrop back then? Relying on that same method now is just naive. As for cycles, those in the know understand when to withdraw.
The window of opportunity is only a few days; if you miss it, you'll just have to watch others profit.
But on the other hand, only those who can discover vulnerabilities are true wolves. If you're still earning daily now, you better keep an eye on the trend.
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RiddleMaster
· 12-30 15:31
To be honest, this is just a gold rush process, and early participants indeed reaped the benefits.
The event contract has been changing rules so frequently recently, and frankly, it's because there are vulnerabilities. Some people discover these vulnerabilities and start exploiting them, earning daily profits and turning the contract into an automatic ATM. The project team is left with no choice but to frequently adjust the rules to patch the leaks.
Seeing how popular the event contract has been lately, I have some insights. Every new project in its early stages inevitably has vulnerabilities; the key is whether someone will discover and exploit them. Early arbitrageurs are actually earning from information asymmetry and the window of improvement cycles — this is normal. But such opportunities are temporary and cannot exist forever.
Once the rules are gradually improved and the system becomes more rigorous, it will be much harder to earn easily as we do now. From another perspective, this is like the wave of airdrops back in the day; initially, anyone could make some profit. Now, do airdrops still make money? The principle is the same — every market opportunity has its lifecycle.