- Jupiter and HumidiFi restart WET sale with new token contract.
- Stronger anti-bot measures implemented.
- Prior participants receive USDC refunds.
Jupiter and HumidiFi will relaunch the WET token sale on December 8 with updated anti-bot measures and a new token contract, refunding previous participants.
The relaunch aims to address previous bot attacks, impacting Solana’s DeFi sector with potential market shifts.
The Jupiter platform has announced the relaunch of the HumidiFi (WET) public sale, set to commence on December 8, following an earlier interruption due to a bot attack. All prior commitments will be refunded in USDC.
Jupiter and HumidiFi have coordinated to ensure a fair distribution of WET tokens through stricter anti-bot measures and a new token contract. As stated,
all prior public sale commitments will be refunded, a new token contract will be deployed, and stricter anti-bot measures introduced.
Affected Participants and Market Impact
Affected participants will be refunded, and the lockup of previously traded tokens resets the token supply, preserving the ecosystem’s integrity. The return of $1.39M USDC offers participants a renewed opportunity to engage.
The relaunch of the WET token sale may influence DeFi market dynamics on Solana. Humidifi launches on Solana with strong DeFi tools, although other larger platforms such as BTC and ETH are unaffected. Stricter anti-bot protocols aim to ensure a fairer process.
Confidence in Emerging DeFi Projects
Critically, these measures may bolster confidence in emerging DeFi projects on Solana, ensuring healthier market operations and equitable participation. The strategy implemented by Jupiter and HumidiFi sets a precedent for addressing similar challenges.
Technological Advancements and Future Sales
Technological advancements like MEV shielding are deemed insufficient against contract-level bot attacks. The relaunch aims to employ new anti-bot mechanics to secure future sales within the DeFi space.
