Kite flies again on Robinhood Chain: every token now carries its rig and its tail on chain.
The rig (name, picture, links) is written into the token for good. The pilot ties dated ribbons to its tail from their own key. Anyone can read them, forever.
https://t.co/t9DNhW28kn
Whoever buys in the first 20 minutes on Kite buys inside the same narrow band.
No early wallet gets a price the rest of you can't. The string is read from the chain, so it holds through any router, not just ours.
https://t.co/t9DNhW28kn
A sniper's whole trick is a 20x candle in the first block, dumped on everyone who loads the page after.
On Kite the first block cannot be a candle. The ceiling is still at the opening price, and the pool refuses to go above it. There is nothing to dump.
https://t.co/t9DNhW28kn
How the string works:
- at launch the ceiling is the opening price
- it climbs every second for all
- a buy that would push above it is cut to the line, the rest of your ETH comes back
- sells are never limited
- after 20 minutes the line is gone
https://t.co/t9DNhW28kn
Kite is a launchpad on Robinhood Chain where every token flies on a string.
The string is a price ceiling. It starts at the opening price and is let out a little every second for 20 minutes. Buys that would pull above it are trimmed. Then it lets go.
https://t.co/t9DNhW1AuP