Poisoned Tomato: DeFi protocol tomatos.finance turns out to be a scam
Users who received DeFi project’s tomatos.finance tokens during the airdrop may face a risk of asset loss. This warning comes from the Telegram channel DeFi Leaks.
WARNING from DeFi Leaks: If you receive a token https://t.co/iRoVOjw38g in your wallet please do NOT visit their website and approve any contract on their end. It looks like the approval via the website gives their contract permissions to steal your tokens (USDT, DAI, TUSD, UNI…
— DeFillionaire (@DeFillionaire) September 24, 2020
The developers of tomatos.finance plan to ride the hype around the DeFi sector. They invite users to participate in profitable farming by providing liquidity.
What is yield farming in DeFi and how do you earn from it
Upon visiting the site, potential victims may grant permissions that trigger the withdrawal of tokens to an external address.
The DeFi Leaks administration posted the addresses of the ‘scam contracts’:
As of this writing, the tomatos.finance website and its Medium account are unavailable.
Earlier, suspicions that these projects were scams were raised around two projects — EMD and LV Finance. Tone Vays on Forklog channel stated that all DeFi projects exhibit Ponzi-scheme characteristics.
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