Solana (SOL) became the first altcoin to hit ATH after the May crash this year. The Defi protocol which peaked at $80 on August 18 has become a victim of the largest rug pull since its inception. LUNA Yield, an IDO platform on Solana Launchpad went dark this morning after it shut down its website and all other social media platforms, raising concerns about a possible rug pull.
Luna Yield, the latest IDO on our Launchpad, seems to have some problems. The Luna Yield Team took down their website and all other social media. They also withdraw all liquidity. SolPAD still can’t reach Luna Yield Team to figure out what happened.
— SolPAD (@FinanceSolpad) August 19, 2021
Users tried to unstake their funds after the platform went off social media platforms, but failed as the IDO protocol has already shifted funds from their staking pools. Early estimates suggested that the project took away nearly $10 million worth of crypto assets from these staking pools.
Further investigation showed that
Źródło: https://coingape.com/solana-sol-ecosystem-faces-biggest-rug-pull-days-ath/
