Meerkat attracted $31M in user funds on the Binance Smart Chain. But 14 hours later, the developers emptied the vault and silently disappeared. This would go on to be called the largest rug pull in decentralized finance. However, they later went on to return the funds, calling the whole project a "test". So what was the purpose of Meerkat and why?

0:00 Intro
0:52 The Basics
3:10 Alpaca's Launch
7:42 Meerkat's Launch
11:56 Conclusion

Thanks to the mod of r/QualityYouTube for featuring me in a post!
http://reddit.com/r/QualityYouTube

Meerkat Deployer: https://bscscan.com/address/0x....c1f78cc844ac8e2dd933
Binance Forum: https://community.binance.org/....topic/4002/report-me

🎵 Music: https://docs.google.com/docume....nt/d/1T0wm35Lz21Pyi5

Discord: https://discord.gg/DJDvQbTDCm

Made with 💗
- Junion