This is what I wanted to do with the LPs and why I wanted to lock them and not burn them:
---> 10% Will be liquidated and SOL used to make large buybacks and the $smole will be used to add liquidity to yield farms and provide liquidity to some CEXs or even spread it to other DEXs.
---> 90% Would be locked for 3 months, 6 months or 1 year, 2 years, whatever the community chooses.
Once unlocked, the same process is repeated, 10% buybacks and 90% locked again, and thus we manage to spread liquidity to the market without needing to burn that money...
Or we can make this option much more reliable:
We block all LPs so that only a certain amount is unlocked at a certain period of time to make the buybacks and smole liquidity to farms... in this way I would NEVER have full control of the LPs
With this tokenomics we could follow all the plans I had for the memecoin, if we burned them it would not be the same. In any case we will continue working hard.
Or just we can even do 50% this strategy and burn the other 50%
I am not interested in keeping the money for myself and I'm not a scammer either, in the end you trusted me for this, so you have the final decision. I have always been transparent with everything, I have been building shit in the ETH ecosystem for more than 3 years, so I promise to leave the decision of anything in the community hands
Choose what you consider best for the #smolecoin project, I'm tired of so much aggression and hatred and finally this is for fun.
Big shout out to @Worldwidedao on their successful sellout. Big shout out to their dev @SisSolana as well. Really cool utility these guys are bringing for the price.
https://t.co/3JrHHRvl0a
https://t.co/qvQfXBnd5v
Quick 0 -> .2 play in @FoundersSOL to start the day, ensured my DAO got all OG’s for this sleeper mint, we were able to mint 3 for free, quick burger thanks @Worldwidedao
GM
THREE days left until the final snapshot for BONKmas!
A quick rundown for a smooth and fun slide across the finish line.
This will answer most of the questions for how to get your check marks** on the BONKmas Nice List.
In the order from the BONKmas Nice List for open integrations using your eligible wallets***
BONKbot
Deposit at least 1 $SOL from your eligible wallet to your BONKbot wallet
BONK Art Master NFT
Hold a BAM collection art piece during snapshot in an eligible wallet
Exchange Art
Buy or sell art with $BONK with an eligible wallet, this includes buying and selling a BAM art piece with an eligible wallet
GooseFX
Deposit any amount of $BONK from an eligible wallet
Marginfi
Deposit any amount of $BONK or borrow from an eligible wallet
Saga
Download BONK dApp and claim $BONK from your Saga wallet
MixMob
Play the game and purchase $SUD with an eligible wallet
MoonBoiUniverse
Play in BONK Arena and purchase in-game items with $BONK with an eligible wallet
Dual Finance
Deposit any amount of $BONK from an eligible wallet
Jito
Stake any amount of $SOL in our BONK validator from an eligible wallet
BONKswap
Use any amount of $BONK in your eligible wallet to swap, DeFi route, pool participation or DCA
**Engaging with the open integrations starting Dec. 17th after our snapshot will not update live on the BONKmas Nice List until we have our final snapshot to show the end results
***Eligible wallets are wallets holding 1M+ $BONK at time of snapshot on Nov 30th except new SAGA holders.