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MoonSafe Audit Shows Some Suspicious Anomalies Resembling Scam

The Defi liquidity project Moonsafe audit shows some weird anomalies that put it in a controversial spot as of late because these anomalies resemble a scam as we can see in our latest crypto news today. An analysis of the MoonSafe code by Obelisk reveals misleading claims about the liquidity provider and how the tokens are secured. The LP tokens are minted and sent to the providers’ addresses as evidence of providing liquidity. They have utility and value and are often used to yield farm so therefore they multiply the gains from the initial act of providing liquidity. However, the…

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