$DEEDSTR is live on Robinhood Chain.
Deed Strategy buys and keeps Yield Field Deeds. Fertilizer sales fund $DEEDSTR buybacks and burns after costs.
Game loop and launch fees below β
CA: 0xc8FEaEB24047A49a5a6722042bC391Afbd03A82C
https://t.co/Anzao17KWy
Hey everyone! We wanted to share a more detailed update on our launch and clarify a few things.
We believe choosing Uniswap V2 for the pool was a mistake, as it operates with taxes rather than fees. However, this doesn't change anything about our roadmap or long-term vision.
Despite the launch challenges and high taxes, we've already managed to acquire 2 NFTs for our treasury.
We've now set up an automated keeper that collects fees, converts them into ETH, and purchases NFTs as soon as the treasury balance reaches the required amount.
Once YieldFields goes live, we'll introduce a staking contract. All staking revenue will be used for token buybacks and subsequent burns, creating a self-sustaining flywheel for the ecosystem.
As for security, your funds are not at risk due to our setup:
We seeded the pool with 5 ETH at launch.
Liquidity is locked.
All other contracts are managed through a Safe multisig with a 2-of-3 signature threshold.
We're focused on building, improving, and delivering on our roadmap. Thanks to everyone who's been here with us.
https://t.co/iAcoNoCULM
Keep building. Keep yielding. π±
New Purchase Yield Field Deed #3056
Added to the collection. Another step forward in building our strategy.
https://t.co/zYCcOXYNbf
Buy / sell tax: 59% / 59% now
New Purchase Yield Field Deed #1714
Added to the collection. Another step forward in building our strategy.
Please note that taxes are decreasing every minute, from 99% to 5%.
You can track the changes here: https://t.co/ldrleG6nRc
Launch buy/sell fees:
99% / 99% at launch β 5% / 5% after 94 minutes.
Both fees drop by 1 percentage point every minute until they reach 5%, then stay there.
$DEEDSTR is live on Robinhood Chain.
Deed Strategy buys and keeps Yield Field Deeds. Fertilizer sales fund $DEEDSTR buybacks and burns after costs.
Game loop and launch fees below β
CA: 0xc8FEaEB24047A49a5a6722042bC391Afbd03A82C
https://t.co/Anzao17KWy
The game loop:
Creator trading fees buy Deeds β stake the NFTs β build Fert Decks β collect and sell fertilizer to players.
After costs, the proceeds buy back and burn $DEEDSTR.
The Deed NFTs stay in the strategy.