Fake Asset Looter

It raids a pool of NFTs at random, sells what it wins, and burns the money.

Nobody picks the NFT — Chainlink VRF does. Nobody can mint more FAL; the contract has no mint function. Supply only moves one way.

Next raid

Costs 0.1176 ETH at the pool's current price.

9.2%

0.0108 ETH on hand, funded by swap fees. The machine raids again the moment it covers the pool’s price.

Supply

One tick per 1,000 FAL. Burned ticks never come back.

25,150.35 burned | 2.515%974,849.65 of 1,000,000 left

Raids

5settled

Taken

0.5165ETH

Burned

25,150.35FAL

Queued

0.0000ETH

Ledger

Newest first. Each row is one transaction: what it took, and what that bought and burned.

Raided

Burned

  1. Ten Thousand Tokens #6759

    Ten Thousand Tokens

    #6759

    +0.0680

    0.0680 ETH spent buying

    3,025.07FAL
  2. Ten Thousand Tokens #5173

    Ten Thousand Tokens

    #5173

    +0.2805

    0.2805 ETH spent buying

    13,315.92FAL
  3. Ten Thousand Tokens #8588

    Ten Thousand Tokens

    #8588

    +0.0482

    0.0482 ETH spent buying

    2,462.77FAL
  4. SMOWL #1994

    SMOWL

    #1994

    +0.0697

    0.0697 ETH spent buying

    3,605.19FAL
  5. fwogs #2604

    fwogs

    #2604

    +0.0502

    0.0502 ETH spent buying

    2,741.40FAL

Mechanism

Three moves, always in this order.

  1. 01

    Raid

    Buy a randomised claim on the FWA pool. Chainlink VRF decides which listing it lands on, and cheaply-backed listings come up far more often than expensive ones.

  2. 02

    Settle

    Accept the depositor's bid at 85% of the listing's backing. Every position resolves — into ETH, or into the NFT itself when that is worth more.

  3. 03

    Burn

    Spend the proceeds on FAL through Uniswap v4 and burn the tokens on arrival. Total supply falls and cannot be restored.

Every FAL swap pays 4% in ETH. 0.5% goes to the treasury; 3.5% goes straight back into the machine’s raiding budget — so trading volume funds the next raid, which funds the next burn.

Contracts

Ethereum mainnet. Live ones link to Etherscan.