TomToll
@tomtoll
🧵 The biggest contributor to ETH staking yield is a thief named after a paedophile. And it's all because of slippage... 👇
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TomToll
@tomtoll
/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.
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TomToll
@tomtoll
/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.
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TomToll
@tomtoll
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
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