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Lessons Learned Squatting ENS Domains

Enter ENS Nifty

Thus was born a new and free service called ENS Nifty. Similar to how Wrapped Ether (W-ETH) provides Ether with all of the benefits of an ERC-20 token, ENS Nifty provides ENS domain names with all of the benefits of ERC-721 Non-Fungible Tokens.

Here’s how it works:

  1. ? Go to ENSNifty.com and unlock your wallet
  2. ? Transfer your domain deed to our contract and redeem it as an NFT
  3. ? List it on markets like OpenSea (link) and Rare Bits (link) or use it as collateral for a loan from Dharma Protocol
  4. ? When the domain is ready to be used by an ENS resolver, come back to ENSNifty.com and convert it back to a deed

Our contract is a

fully compliant with ERC-721 and received a code review from Dean Eigenmann of ENS and zklabs. The contract just holds onto your ENS name deed until the NFT is redeemed. Check out the verified code on Etherscan and our github profile to see the code yourself.

Full Descent

Returning to the goal of enticing ?DwarfPool?

to use ENS Nifty to list clovers.eth, I still needed to make the standard popular. To do so I decided to borrow the nefarious techniques employed by my adversary in order to catch and release some domains of my own as a sort of “dogfood marketing scheme”. Below are the spoils I acquired in the process.

Be aware that I’m not totally nefarious; I’ve attempted to contact each of these auction instigators in order to return their domains (If you’re one of them, Hello! Thanks for reading!). Further down the page is the method I developed for winning auctions and tips for protecting yourself against my simple attack.

Victims (Amount Spent)

Please note that the Marshall McLuhan domain was the first to be returned to its owner using the ENS Nifty format via an Opensea auction. For anyone familiar with his work I hope you appreciate the implications. Also please note that I took great care in choosing which domains to squat; FWIW I’m really proud of acquiring chaddad.eth(knowyourmeme.com).