What are the lessons from the cases of losing money on Kite?
As a detective who has been navigating the undercurrents of Web3 for years, I have seen too many cases that are far more complex than on-chain data. Recently, I focused on a phenomenal "trap" on Kite - a seemingly glamorous liquidity mining pool that claims an astonishing annual yield, yet leaves many blindly chasing high returns with nothing to show for it. This is not a simple case of "the project team running away", but a battle over rules and cognition.
Today, let's clear the fog and delve into this case to deeply analyze the hidden "culprits" behind the losses on Kite, and seek those valuable lessons.
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