The decentralized finance (DeFi) project HumidiFi is set to relaunch its token sale following a previous attempt that was compromised by a bot farm takeover. The team has introduced significant changes to ensure a fairer distribution process and to reinforce its commitment to genuine community participants on the Solana blockchain.
What Happened During the First Sale?
HumidiFi’s initial token sale was intended to provide grassroots participants the opportunity to invest in their WET token. Unfortunately, the event was overrun by a coordinated bot attack, deploying thousands of funded wallets and securing the entire WET supply within seconds. Retail buyers were effectively locked out due to the exploit.
HumidiFi confirmed that the bot farm wallets managed to bypass the open sale mechanism by preloading 1,000 USDC per wallet and programming automated purchases. This starkly contrasted with the project’s mission to foster community access and involvement across the ecosystem.
What’s Changing for the Relaunch?
To address the flaws, HumidiFi will roll out a newly audited DTF smart contract created alongside Temporal’s developers, with independent review provided by OtterSec. These enhancements specifically aim to prevent the exploit seen in the initial sale and safeguard fair access for retail buyers.
Eligible buyers from the compromised Wetlist and JUP staker programs will also receive a proportional airdrop, replacing their original allocations. The bot-controlled wallets identified during the first sale will be excluded from any distributions to secure fairness for genuine participants.
A Commitment to Solana and Community Values
Over the past six months, HumidiFi has grown rapidly, building significant momentum in quoting and liquidity operations for SOL pairs. The team’s ability to handle tight spreads has positioned them competitively in the DeFi marketplace, even rivaling some of the top exchanges for volume.
This relaunch underscores HumidiFi’s commitment to its community and to fostering equity within DeFi ecosystems, ensuring no shortcuts or favorable treatments are given. The project is keen to rebuild trust with its supporters and incentivize participation with robust safeguards.
When and Where to Participate
The revised token sale is scheduled to take place on Monday across the Solana network. Interested buyers are encouraged to join early to take advantage of the improved and secure infrastructure. For further updates on the airdrop mechanics and sale process, keep an eye on HumidiFi’s official communication channels.
Looking to get involved in the decentralized finance revolution? Consider pairing your crypto wallet with advanced security tools like the Ledger Nano X to ensure safe and seamless participation in new ventures such as HumidiFi.
