NikimbaSoul

🚨 The $ETHG spam contract is secretly minting XEN using trader fees. Over 186K+ VMUs created and over 195 ETH drained without user consent. So far, 458B $XEN minted, 229B dumped. All profit, no cost. Very shady (but also clever). Details: The Ethereum Games $ETHG spam contract (0x3fC29836E84E471a053D2D9E80494A867D670EAD) already minted 186,848 XEN VMUs and continues mint #XEN every single day using trader-funded fees (“tax on transfers”). Basically, each time someone interacts with ETHG, it sems that the contract demands a slightly higher fee that necessary, then redirects those excess fees toward minting XEN. Essentially, the entire minting process is fueled by the fees generated from ETHG trading. Altogether, over 195 #ETH (approximately $600,414.91 - adjusted over time) has been spent on minting XEN—without #ETHG traders’ explicit knowledge. Most new mints are set to a 365-day term, although the contract uses variable terms (e.g. some of the now-maturing mints that are being claimed by this contract owner were originally set at 210 days). All XEN is then claimed at maturity and funneled into address 0xa478634df0301471ccf4ffe2d58c96ddee13219d (presumably belonging to the contract’s creator). So far, the creator has collected 25% of all mints (47,932 of the 186,848 minted VMUs), yielding 458.17 billion XEN (nearly half a trillion). They have offloaded 229.84 billion XEN on @Uniswap already; the most recent sale was four days ago—14 billion XEN for 0.5 ETH (tx: 0x037b6721b9ecb8ea0c509ebc9beb842d2aa4865012029747bfe7febef35ea6f8), but they have multiple other dumps over $1,000. As of now, the creator still retains 228.32 billion XEN, placing them at #70 among XEN holders. Had they not sold any, they would currently rank #34. If they continue operating at this scale, they will easily reach the top 10, amassing around 2 trillion XEN essentially at no personal cost. However, historical activity indicates a high likelihood of further dumping XEN on #Xenians using XEN/ETH Uniswap pool. It’s undeniably clever—yet unquestionably shady—to design a contract that covertly uses trader-generated fees to mint and claim XEN without the traders’ knowledge or direct consent.