Terra Community Identified Malicious Clone of Large DeFi

Supporters of Astroport (ASTRO), one of the most popular decentralized finance applications in the Terra (LUNA) blockchain ecosystem, have identified spoofing applications.

Do not install fake Astroport (ASTRO) apps

According to a statement shared on Twitter by anonymous crypto developer and enthusiast @TheMoonMidas, scammers have uploaded a fake Astroport application to the major digital markets.

$ LUNA & $ ASTRO fam: fam:

There is a FAKE Astroport app on the Google Play store

Please do not download.

Please report if possible pic.twitter.com/ppWdrRN2RJ

— Midas ? (@TheMoonMidas) May 5, 2022

This application pretends to be an official product by the Astroport team for Android-based smartphones and tablets. This shows the interface of a real Astroport application, but it has nothing to do with it.

Probably created by a scammer interested in stealing the funds and private keys of Terra (LUNA) ecosystem participants.

Enthusiasts have attached a screenshot of the application (named “AstroportSwap”) and asked all Terra (LUNA) and Astroport (ASTRO) supporters to report to administrators through an abuse notification mechanism. ..

Terra’s ecosystem is returning to a surge

His Twitter followers confirmed the existence of a fake application and added that Astroport (ASTRO) had never deployed devices for mobile devices.

Astroport (ASTRO) is an integral part of the Terra (LUNA) ecosystem’s Decentralized Cryptocurrency Exchange (DEX), “Terra’s Meta AMM”. It is becoming more and more popular in the DeFi segment. In the last 6 months, the TVL metric has skyrocketed almost eight times.

Currently, this is Terra’s third largest protocol. It can only be exceeded by heavyweight anchors (ANCs) and lid finances (LDOs).

As mentioned earlier in U.Today, Terra is DeFi’s largest blockchain by TVL. By press time, its TVL is worth $ 29.69 billion, an increase of 2.6% in 24 hours.