What happened
The project was holding a fundraising event using smart contract:
https://polygonscan.com/token/0xd54b5a3b…4e8130
Funds were received directly on the mentioned contract in the exchange of tokens:
https://polygonscan.com/tokentxns?a=0xd54b5a3b…4e8130&p=16
After the creation of the initial liquidity, tokens were removed from the pair together with fundraised DAI:
https://polygonscan.com/tx/0x2ef9d984…3ebbc2
Case & protocol details
Classification
Stablecoin
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
ELECTRON
Official Website
electrondao.finance/
Protocol Twitter/X
@ElectronDAO
Evidence & learning
Sources and on-chain records
- report Report electrondao.finance
- analysis Web Archive web.archive.org
Practice this exploit pattern safely
Work through hands-on labs covering real exploit mechanics, review techniques, and defensive patterns.