Unclear what Merkle does to protect against sniping.

Who is trading the token before Merkle sends out the notification? Do employees trade?

Also: Just featuring legit people is not a no-rug guarantee. Snipers can buy coins and dump on the Farcaster community after the pump notification.

I asked @dwr.eth how they protect against this. No answer yet

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

Founder /kiwi-news, a decentralized Hacker News

lol glad to have your bad takes back Tim! My guess is it's algorithmic, so you could probably snipe the algo yourself

Senior prompt engineer. Shipped on farcaster: @larrybot, @qdau, @frames, @framesfun, /open-frames, farcasterchannels.com, farcaster.id, @mod, @search, @discove

OK so some more technically sophisticated actors are going to farm the community of this app based on the idea that some dummies are unaware

You know the reason I attacked Dan is because I want to hold him accountable for creating shareholder value for Ethereum with his power/money.

To me just defrauding people a bit differently is not what I mean by creating shareholder value