What happened
On the main website, there was false information concerning collaboration with Lloyds Bank. The YFDash project used the same token ticker as the legitimate YfDFI Finance to confuse the audience. The project team promised that it would be listed on Uniswap immediately following the token sale event. The token contract deployer created 20K tokens, of which 4K were transferred to an EOA wallet and 2318 were exchanged for 103 ETH:
https://etherscan.io/tx/0x1158acdb…7c3ca6
The project's website is no longer operational, and its Twitter account has been deactivated.
Case & protocol details
Classification
Stablecoin
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
YFD
Official Website
yfdash.finance/
Protocol Twitter/X
@YfDash
Evidence & learning
Sources and on-chain records
- report Report twitter.com
- analysis de.fi Analysis t.me
- analysis Web Archive web.archive.org
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