By Gleb Urvanov and Stanislav Vozarik

While conducting on-chain research last night, our team was experimenting with several strategies involving front-running Ethereum transactions. During this process, a unique attack vector came across our radar. While running a test bot that was benchmarking across a few Uniswap pools, our bot mistakenly bought into a pool created just moments ago.

It was a pool that was trying to fake a token sale on Uniswap of an existing token sale campaign. The attackers had tried to mimic the CFI token, using a Fake-CFI token. …

One year ago, we were attending a conference at the Technical University of Berlin and watching a panel discussion about the state of Ethereum. Gleb, our CTO, asked something that had been haunting him for a while:

“What prevents miners from replacing user transactions and frontrunning with their own?”

As much as it felt like an elephant in the room, the answer was: “Nothing. We can only hope that miners are honest and won’t do that.”

At the time, it wasn’t a palpable problem, but times have changed. Over the past year, the crypto sub-domain of Decentralized Finance (DeFi), has…

The growth of the Polkadot ecosystem has made it clear that many of the market’s chains are plagued by unfair frontrunning practices, rising fees, and slow settlements, causing significant losses. As the industry continues its scalability narrative of faster and efficient base layers, these ever-present setbacks need to be addressed.

Mangata Finance is a Polychain Capital-led solution built upon the belief that Polkadot traders should not fall victim to these problems. To achieve its mission, Mangata Finance is creating the go-to protocol for Polkadot-based traders and liquidity providers, opening the floodgates to profitable trading and investing opportunities.

Introducing Mangata, the One-Stop Shop for Polkadot Assets

It is known…