What is Sybil(ing)?

Sybil attacks (in our case) are when an entity automatically creates an extensive list of wallets/entities to be able to extract profit in certain opportunities.

The opportunities that this protocol will be Sybiling are mints and airdrops:

  • Mints: imagine there is a highly sought after NFT mint occuring in the future. In normal circumstances, people are able to mint one, maybe two, of the NFT's prior to selling out. Now imagine that if hundreds of wallets were automatically created and botted the NFT mint in order to mint a large quantity of these NFTs.

  • Airdrops: most protocols across chains are opting for airdropping tokens to the users that interact with the protocol in various ways. The case is similar to minting: imagine a large quantity of automatically-created wallets being able to run the same script in order to run through the interactions to extract the maximum value for the airdrop for each wallet.

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