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Tempe.degen @ ETHWarsaw  pfp
Tempe.degen @ ETHWarsaw
@tempetechie.eth
Careful When Using Degen Chain Bridge Or How I Lost 785,000 DEGEN Bridging from Degen Chain to Base 🤦‍♂️ A thread 🧵⬇️
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Tempe.degen @ ETHWarsaw  pfp
Tempe.degen @ ETHWarsaw
@tempetechie.eth
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…
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brownalytics 🎩 pfp
brownalytics 🎩
@brownalytics
Almost had the same thing happen to me. Thanks for the deep dive into the how and why. Support the proposals 100% 250 $DEGEN
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emush🎩 pfp
emush🎩
@emush
ty for share, your voice made it move 222 $DEGEN
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daivd 🎩👽 ↑ pfp
daivd 🎩👽 ↑
@qt
1086 $degen Sorry about the loss, thank you for the thread
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sinin  pfp
sinin
@sinin
Thanks for the heads up! 🫡 21 $degen
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kon 🎩 pfp
kon 🎩
@0xxeno
hope you will recover 500 $degen
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BrixBountyFarm 🎩 pfp
BrixBountyFarm 🎩
@brixbounty
Very much not great… yikes. 5000 $Degen, a small drop in the bucket for your rough experience.
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Lex 🔷🎩🍖🎭 pfp
Lex 🔷🎩🍖🎭
@lex-cal
This is unfortunate! Thx for the lesson so that others can learn from you. Sucks you had to learn the hard way. To help out… 200 $degen
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Kevang30.degen.eth 🇻🇪 pfp
Kevang30.degen.eth 🇻🇪
@kevang30.eth
Wow, that hurts my friend, I see that you repeat a lot about the standards of use of bridges and the like and it is certainly very common to make mistakes due to fatigue or because we trust ourselves in the routine, the truth is. I am very sorry to read you with your case but I like how you assume it and above all explain it to prevent others from going through the same thing, you are a great person. 200 $degen
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Ramsey  🎩🤝  pfp
Ramsey 🎩🤝
@ramsey
Wait, what? The bridge initiates a swap? Wtf?
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Mark Carey 🎩🫂 pfp
Mark Carey 🎩🫂
@markcarey
Thank you for doing such a deep dive and letting others know about this issue. Thanks to you efforts, it seems like it is now fixed (hopefully?). 420 $DEGEN The canonical bridge shouldn't be the "scary" option!! 😱
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tim/vortac pfp
tim/vortac
@vortac
So sorry, you lost this much 🥲 thanks a lot for the detailed description and for educating us. This needs to be reworked immediately, can’t believe what I’ve read. This is terrible UX. 100 $degen 🙏 🎭
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Jordan 🎩↑ pfp
Jordan 🎩↑
@lu-lu
100 $DEGEN Thanks for the thread and reminder - can happen to anyone 🙏
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downshift pfp
downshift
@downshift.eth
I've sponsored you through @microsub! microsub will be opening to new sponsors and nominees soon. 48 $DEGEN
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kk pfp
kk
@king
bruhhhhh 😭
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696🎩 pfp
696🎩
@6969
Nice thread, hopefully you'll get your money back. I posted about this issue a week or so ago but noone cared.
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not_not_Duna 🍖➰🎩 pfp
not_not_Duna 🍖➰🎩
@imduna.eth
Thank you so much for this informative thread. I was not aware of any of this. And learned about canonical bridging on the way 690 $farther
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W3nzel.eth🎩 pfp
W3nzel.eth🎩
@wenzel
Thanks for sharing this. I'll add this to my next episode of TMZ CRYPTO: https://lazybutrich.com/tmz-crypto-episode-42
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SpaceⓂ️an Spiff 🎩🍖 pfp
SpaceⓂ️an Spiff 🎩🍖
@spaceman-spiff
Thanks for the 🧵 and taking the time to share your experience. Hopefully it saves other degens from having a similar problem. Respect for taking accountability for a mistake we all could have made and handling it with such class. 🍖 x 42 $degen
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