Oddbean new post about | logout
 That sounds borderline criminal. So some big influencer dude doesn't need to pump and dump on Telegram but will have his clones served to him by Binance? 
 So let me get this straight: The leader gets to front-run the followers every time? 
 The copy leader gets 10% or the profits earned from the copiers 
 The 10% are an incentive to not screw them over but ... that's on top of him doing the trade before the others or does he need a secondary account to front-run them? 
 I had never thought about that, if anyone wants to do that, then yes, they would need a secondary account.

 
 No, it's a 10% *bonus* before they front-run them 🤣