blockchainreporter.net
Impossible Finance has introduced anti-sniping bot protection to ensure fair and equal access to its First Come, First Serve (FCFS) pools. This step prevents automated crypto purchases and promotes broader participation among real users. The measures are designed to address issues caused by sophisticated bots that often manipulate FCFS pools.
Dear Community,
— Impossible Finance (@impossiblefi) December 17, 2024
To ensure fairness and accessibility, we are implementing anti-sniping bot protection for our FCFS (First Come, First Serve) pools. This prevents automated purchases and promotes broader distribution to real users.
🚨 Stay Safe:
1️⃣ Only purchase via our official… pic.twitter.com/7lEaWwEM3f
These bots secure allocations faster than human participants, creating an unfair advantage. By implementing this protection, Impossible Finance seeks to ensure fairer access for legitimate users and promote broader token distribution.
The company has emphasized that users should only participate through the official website to maintain security and compliance. This precaution prevents users from falling victim to phishing attacks and fake smart contracts. Any funds sent to unofficial addresses will not be recoverable, reinforcing the need for caution.
Impossible Non-KYCed Addresses Being Removed
Impossible Finance is removing non-KYCed addresses. Users who have completed the Know Your Customer (KYC) verification will retain their eligible allocations. Although some participants may see their allocation displayed as zero during this period, the platform has assured that this is a temporary issue.
Once non-KYCed addresses are removed, users’ allocations will return to normal. This measure ensures verified participants can access the FCFS pools, creating a smoother and more secure experience.
User Safety and Compliance
Impossible Finance has reiterated the importance of purchasing through its official website to avoid risks associated with phishing sites or unauthorized platforms. Users are urged to verify links and smart contract details before making transactions. The platform has clarified that losses from unofficial sources will not be the company’s responsibility.
By implementing anti-bot measures and removing non-KYCed addresses, Impossible Finance aims to enhance fairness and security in its FCFS pools. These steps reflect the platform’s commitment to protecting its community and ensuring equitable participation for all users.