Chaofan Shou | cshou.eth ๐ŸŒฎ
Chaofan Shou | cshou.eth ๐ŸŒฎ

@shoucccc

8 Tweets 14 reads May 14, 2023
How to make $800k every day by rug pulling?
A tutorial ๐Ÿงต[1/7]
Create an ERC20 token, preferably with some funky names.
Some examples ๐Ÿ‘‡
[2/7]
Make your scam token tradeable by creating a liquidity pool (LP). You can use Uniswap / PancakeSwap for this.
You initially need to add ~$50k value of assets to LP to get victims' attention.
[3/7]
Use another $50k for market making, so victims believe it will be the next $pepe / $doge:
Distribute $50k to 100 accounts and continuously buy in so that the K-line of your token looks perfect to victims.
What victims see ๐Ÿ‘‡
[4/7]
Don't lose money during market making!
Victims may sell and profit during your market making.
Plan A: Ban them from selling as soon as they buy.
Plan B (Recommended): Forbid transferring to LP (Forbid selling).
Examples:
[5/7]
Hide banning/forbid selling code with some obfuscation so victims can't see it and automated tools can't recognize it. Be creative!
Example ๐Ÿ‘‡
[6/7]
When a few people buy your token, pull all liquidity by selling vast amounts of tokens. ๐Ÿคก
Repeat 20 times per day to be rich :)
[7/7]
FYI, I don't rug-pull. This is for educational purposes. We will soon release tools for combatting rug pulling.

Loading suggestions...