CryptosBatman
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What a costly mistake, played out in real time!
Before @sparkdotfi trading went live, an LP accidentally set the price in reverse making 1 $SPK worth over $19K instead of a fraction.
The moment trading opened, a sharp trader swapped 1 $SPK for $19,687 USDT, draining nearly the entire pool within seconds.
In DeFi, there is no "undo" button, so, always triple-check your liquidity settings. One wrong input can cost you everything.
Before @sparkdotfi trading went live, an LP accidentally set the price in reverse making 1 $SPK worth over $19K instead of a fraction.
The moment trading opened, a sharp trader swapped 1 $SPK for $19,687 USDT, draining nearly the entire pool within seconds.
In DeFi, there is no "undo" button, so, always triple-check your liquidity settings. One wrong input can cost you everything.
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