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<p>The Vampire Attack 🧛 

In August 2020, SushiSwap copied Uniswap's code and offered liquidity providers a new token, SUSHI, for moving over. In September, it pulled their liquidity across in one migration. About $810 million moved in a single day, more than half of Uniswap's liquidity.

Nothing was stolen: providers chose to switch for the extra rewards. That's why DeFi calls it a vampire attack, not a hack. A week later, Uniswap answered with its own token, UNI.

Would you have switched for the extra yield?</p>

The Vampire Attack 🧛 
In August 2020, SushiSwap copied Uniswap's code and offered liquidity providers a new token, SUSHI, for moving over. In September, it pulled their liquidity across in one migration. About $810 million moved in a single day, more than half of Uniswap's liquidity.
Nothing was stolen: providers chose to switch for the extra rewards. That's why DeFi calls it a vampire attack, not a hack. A week later, Uniswap answered with its own token, UNI.
Would you have switched for the ex

The Vampire Attack 🧛 In August 2020, SushiSwap copied Uniswap's code and offered liquidity providers a new token, SUSHI, for moving over. In September, it pulled their liquidity across in one migration. About $810 million moved in a single day, more than half of Uniswap's liquidity. Nothing was stolen: providers chose to switch for the extra rewards. That's why DeFi calls it a vampire attack, not a hack. A week later, Uniswap answered with its own token, UNI. Would you have switched for the extra yield?

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