This rug pull was a gift. The whole story behind Snowbank and how we can prevent it.

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DeFi Daily
Published at : 27 Nov 2021
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For more detail about what happened during the buyback, you can also check this article.
https://rekt.news/snowdog-rekt/

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#snowbank #snowdog #rugpull
The announced buyback by snowdog has finished in the worst way possible. Is it a rug pull? In this video, we discuss what happened, what we can learn, and if there is still a future for Snowbank. The same applies also to all Olympus Dao forks, starting with Wonderland Money, Olympus Dao, Klima Dao, Spartacus, Babylon Dao, Invictus, and all the others.

00:00 This rug is a gift
03:29 The idea behind Snowdog
06:15 Naive or scam?
07:38 What happened yesterday?
08:46 Is there a future for Snowbank?
10:45 I lesson
13:45 Not a fun
15:56 II lesson
17:31 5 points to remember
snowbanksnowbank daosnowdog dao

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