Post
Topic
Board Announcements (Altcoins)
Re: [ANN] VETHER: A STRICTLY-SCARCE ETHEREUM-BASED ASSET
by
Keltrentt
on 12/05/2020, 22:50:21 UTC
Not trying to create FUD in anyway here but a possible flaw may have been discovered as touching the valuation mechanism for VETH emission.

I could create a shit token and it would be easy to make its price high on uniswap, and as no one else can mint/own that token so there's no way anyone can sell to crash the price. I could then simply burn that token to receive VETH.

Is there any plan to mitigate the possibility of such an event? IMO value should've been tied to burning ETH alone.