TIL: @Tether_to's $USDT ERC20 token in #ethereum takes a cut out of every single transfer.The cut goes to the contract owner which I assume is none other than @Tether_to

Wtf?Who uses this shit?

Source: https://etherscan.io/address/0xdac17f958d2ee523a2206206994597c13d831ec7#code

Thanks to @owocki for bringing this to my attention
A correction: At the time of writing the Tweet I was not aware the current fee is set to 0. So they don't take a cut as of now.

They can still always change it at any point via an onchain transaction.
You can follow @LefterisJP.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: