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Enso mounting 'vampire attack' on six crypto index projects
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cointelegraph.comMetaverse-based social trading platform Enso Finance has announced its plans to launch its platform by performing a “vampire attack” on six major crypto index projects on Dec. 9.
A vampire attack is when a platform entices users and liquidity from a competing platform by offering higher incentives for use. In September 2020, SushiSwap performed a vampire attack that led to about $1.5 billion moving from Uniswap to SushiSwap.
The Enso team tweeted on Dec. 7 that the attack would focus on Index Coop, Tokensets, PieDAO, dHEDGE, Powerpool, and Indexed. Each of these protocols offer crypto index products which aggregate the performance of a basket of assets in a particular niche, such as DeFi coins or NFT game tokens. Users will have to deposit
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Venture capital invested a record $30 billion in crypto in 2021, more than quadruple previous high markets.businessinsider.com /3 years ago
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