TechFlow reports, according to AI Aunt's monitoring, that some addresses are exploiting a mechanism vulnerability in Deez Nuts (Chinese name: Peanut), a project launched today on Solana, to generate profits. Deez Nuts was originally designed to bypass this mechanism by tokenizing NFTs and creating a new token standard called Tiny SPL. The project sparked discussions after its release this morning and was pinned by Solana co-founder Toly.
Deez Nuts trades as an NFT collection on Tensor, with each NFT initially representing 100 tokens. However, the project's website features a token balance splitting function, allowing users to split the 100 tokens into units as small as 1, facilitating easier transfers and trading. On Tensor, NFTs trade at floor price regardless of their underlying token balance. Some addresses have listed NFTs with only 1 token, yet still sold them at floor price, effectively multiplying their profit by 100 times.
The founder of Deez Nuts has acknowledged this issue and increased the minimum splitting unit from 1 to 100. However, numerous NFTs with a balance of 1 are still visible on Tensor—please exercise caution and verify carefully.
