Lord Dracula Fighting Whales And RoBots On Blockchain
You came here to see the fight, so let’s get into it! But first…
“Dracula Protocol is a DeFi farming protocol that enables users to capture value from liquidity mining programs on other popular platforms. Team Dracula refers to this as the Victim list, which currently comprises: Uniswap, Pickle, SushiSwap, Value Liquid, and LuaSwap. Essentially, Dracula Protocol unifies all of the yield farms under a single smart contract, accessible via one web interface.” (Source)
Round one, Origins:
The first few days Dracula inflates hard to pump up the APY on all pools, both on it’s Victims and DRC-ETH pool. Dracula Protocol gathers over a 100M TVL in just three days. While this is happening, it burns it’s own tokens by selling the Victims tokens to ETH and buying and burning DRC tokens from the market. The whales come and start dumping high APY DRC on the market. Regular people buy and keep farming more DRC on DRC-ETH pool with even higher APY. This scenario is well known in crypto, but what comes next…
Round two, The Resurrection:
Dracula publishes news saying now that the DRC tokens have now been decentralized by the help of whales. Now it will change to a protocol where the APY will be 90% of the Victim pools, but the deflation will be 10% giving a higher overall APY than the Victims. The price of DRC shoots up, and the whales are defeated. Modern day Robin Hood heist has been delivered.
To celebrate the victory they announce an airdrop for both DRC farmers and to the wallets that received UNI airdrop ( — until claim pool runs empty). The airdrop date is to be announced.
But the fight is not over yet…
Round three, The Bloodbath Of RoBots:
It is a fact that flash loans have created a problem called sandwitch attack. To prevent this attack, Uniswap users should keep Slippage Tolerance to 1–2 percent at all times. Still some people get affected by this. But the DRC community is less affected by these flash loans as Dracula Protocol drains fees from them to burn off more DRC thus sharing all it’s healing power to the DRC farming and holding community. Bots will bleed until dry into the DRC holders wallets.
Check this video to get DRC airdrop:
https://www.youtube.com/watch?v=NnPHDL_P7D0&feature=youtu.be
Fight is on-going. To get to experience the next chapter join:
Dracula Protocol Telegram Discord Medium Twitter
Join also an independent community meme contest by Herro here.
Thank you for all the claps!
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