Pancake Hunny — A Post Mortem
The RugZombie team wants to be clear- at the time of this writing there is no evidence of foul behavior or a rug pull on the following token. Our GRAVE is commemorating an exploit that happened.
We’ve seen them before…Pancakebunny, Aperocket, Autoshark….and now, PancakeHunny.
What began as a yield optimizer similar to others in the space, turned into yet another defi tragedy in the summer of 2021, a loss of 1.9 million dollars through a flash loan, executed on their UST vault.
We love yield optimizers, and $HUNNY had a vibrant community that really bought into their product. It is always tragic to watch these events unfold.
Since the exploit, the $HUNNY team has continued to develop and is even migrating into the DAO space with a new venture, yet the price has has struggled to reach all time highs.
What RugZombie is doing?
We are creating a RARE Grave for our $HUNNY Friends to jump in earn this eye candy here;
RARE Grave — 5000 minimum ZMBE stake for 30 days to receive the NFT
Artwork done by @jussjoshinduh, our main man. We can’t wait for his private collection on our NFT Marketplace.