Frog will keep an eye on the bear chain Cabal's new Ponzi who's organizing the party @banditsdotfun I won't go into the specific rules, as there are many Chinese explanations available. I'd like to discuss the underlying logic and profit model: http:/Bandits.Fun can be simply interpreted as "short a meme coin with a negative fee rate that is bound to fall", so as long as players ensure they don't get liquidated, they can hold out until they make money. The strategy becomes clear: simply raise the margin to keep yourself in the game. But all of this is predicated on the premise that the price of the coin can keep rising. This is the core of maintaining the game's existence. If the coin price collapses, then the above rules will have no meaning. Therefore, I think Dev might take some extreme measures, such as "quickly driving up the price to wipe out several whale," which is a common operation by malicious contract manipulators. This is advantageous for players who raise their margin ratio, since they can sell for more money when the price of the coin rises. However, if they want to exit without loss, they have to wait 24 hours, which adds another layer of competition. In conclusion, it's a rather interesting project. quack

quack

Follow-up: Trading volume is too low, no one is playing, no FOMO is generated, the flywheel can't spin, and without a price pump, it's basically useless.