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Sterling Crispin ๐Ÿ•Š๏ธ
@sterlingcrispin
Artist + Software Developer / Applied AI / Agent Systems / Autonomous Trading / Married to @Helen_Crispin_ / Previously AR-VR and Neurotech
๊ฐ€์ž… August 2009
6.1K ํŒ”๋กœ์ž‰ ์ค‘    46.3K ํŒฌ
Iโ€™m a little torn on this because the only reason why a v4 liquidity pool hook would be able to quote you at a 1% fee and fill you at 18% is if you submitted your transaction willing to accept 18% slippage. Why do we accept MEV and not this? Itโ€™s not that dissimilar and however complex all of the execution code is onchain and verifiable you could just do a better job verifying what users fill prices would be and pick the better route. Itโ€™s a failure of routers to pick a bad route not a failure of smart contracts for being aggressive.
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A malicious hook doesn't need a UI to scam you. ๐Ÿ‘‰ It just needs to look like the best quote. After analyzing over 84,000 v4 hooks, we determined only 19% of hooks to be safe. It's time to get real about hooks.
๋” ๋ณด๊ธฐ