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Deebs DeFi 🛰
@Deebs_DeFi
Lead Detective @bubblemaps | Investigations & Onchain Alpha | Opinions are my own.
가입 January 2022
2.3K 팔로잉 중    52.2K 팬
STOP WHAT YOURE DOING AND READ THIS TILL THE END It’s not just about $EMBER It’s about reoccurring misconceptions we see every single day when people try to read and interpret bubblemaps
We’ve updated the map of $EMBER Team members reached out with more context on a wallet that created a cluster: Wallet GZjYfG is a reward distributor It's now labeled and hidden *** This context wasn’t available onchain Ember’s flywheel mechanism is not standard Rewards are sent from a regular EOA controlled offchain, rather than through a contract that can be identified automatically. From an onchain perspective, GZjYfG looks like a wallet sending tokens to other holders. The connections were correct. The missing piece was Ember’s offchain setup *** This highlights a few misconceptions about Bubblemaps: 1. A cluster does NOT mean a scam Clusters show connections between holders, which can (sometimes) have legitimate explanations. The issue is obfuscation, not concentration. 2. Label is context Bubblemaps shows onchain connections. A missing label never change the underlying data, but it can provide context to help understand what those connections mean 3. Labeling should be a shared effort We label as much as we can (1B+ labels), but we can’t reverse-engineer every custom mechanism across every chain. Projects know their infra better than anyone: contracts, treasuries, fees, reward systems, etc. And they shouldn’t want us guessing. That’s why anyone can submit labels directly through Bubblemaps: *** Thanks for reading!
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