🧵 The biggest contributor to ETH staking yield is a thief named after a paedophile.

And it's all because of slippage...

👇

Degens - you're the product. MEV | Sniping | Crypto Data Expert & CTO 🔍

/3 This trade: https://etherscan.io/tx/0xee9fcd2b9996e96b642cb4cda47fc140f98fdaf07ee02657743d4bfcc4670106

has been doing the rounds. They traded $220k for $5k. They got rekt because they didn't set any slippage tolerance.

TomToll
@tomtollinton
·
9h
/4 I've broken the topic of Slippage and how it allows sandwich attackers to fund your kid's inheritance:

TomToll
@tomtollinton
·
9h
/4 I've broken the topic of Slippage and how it allows sandwich attackers to fund your kid's inheritance:

https://tomtoll.substack.com/p/how-slippage-funds-your-wallet-with

/2 2 of the top 5 contributors to Ethereum fees are sandwich attackers (as of Jan 2025).

jaredfromsubway.eth leads the way contributing more to your staking rewards than Coinbase and Binance combined.