Skip to main content

What Is a “Vampire Attack” in the Context of Liquidity Migration?

A vampire attack is a hostile strategy where a new protocol launches with extremely high, often unsustainable, token rewards (yield farming) to incentivize LPs to migrate their liquidity from a competitor. The goal is to "suck" the Total Value Locked (TVL) from the established platform to bootstrap the new one, thereby gaining market share quickly.

How Does Proof-of-Stake (PoS) Replace the Mining-Based Block Reward?
How Does a Protocol’s Treasury Fund Staking Rewards?
What Is the Economic Incentive for a Miner to Act Honestly?
Are There Any New Rebase Token Projects on the Horizon?