Careful When Using Degen Chain Bridge

Or How I Lost 785,000 DEGEN Bridging from Degen Chain to Base 🤦‍♂️

A thread 🧵⬇️

Full-stack web3 developer, learn more about my projects here: https://github.com/tempe-techie 

1/ Today, I wanted to increase my amount of locked DEGEN in the Vault, so I bridged 900k DEGEN (in 2 transactions) from Degen Chain to Base. I received only about 115k DEGEN back on Base.

When I realized what happened, I was confused by two things:

1. Firstly, the amount I received was much lower than I expected (an 87% slippage!!!)

2. Secondly, the bridge transaction concluded in a few minutes, even though the Degen Chain Bridge UI states it’s going to take 7 days.

Let’s investigate further what happened…

Man so sorry to read this, sorry for your loss 🥲