I want to properly explain why I relaunched Lily’s Coin ($LILY) and rebuilt it as $LilyBux on Solana.
I didn’t want to relaunch. I felt forced to, because the original version on Ethereum had fundamental problems that couldn’t realistically be fixed.
The biggest issue was the Uniswap V3 liquidity pool.
When I launched Lily’s Coin, it was the first memecoin I had ever created. I understood crypto, but I underestimated how important LP structure is. I only put ~10% of the total supply into the LP paired with a small amount of ETH, which made the price per token and swap mechanics extremely inefficient — even small buys or sells caused massive price impact, and the market price didn’t properly reflect the full supply.
On top of that, I made a critical mistake with the LP itself.
I burned the Uniswap V3 position without understanding that fees don’t automatically compound like they do with V2 LPs. Because of that, all swap fees in both LILY and ETH became permanently inaccessible. The LP could never grow from trading activity, and every fee generated was effectively lost.
The second major issue was distribution.
I originally airdropped ~90% of the supply to 4chan /biz/ users. At the time it was meant to be a fun experiment, but I didn’t understand the consequences.
In reality, this destroys buyer confidence. Large airdrops look bad on-chain, and people don’t want to buy tokens from wallets that received them for free. It creates constant sell pressure and makes the entire structure unattractive.
The third issue was branding.
“Lily’s Coin” had an apostrophe that Etherscan still doesn’t display properly, and the $LILY ticker is extremely generic — there are countless unrelated tokens using it, which makes discovery and identity very weak.
Finally, after years of experience, I realised Ethereum memecoins have too much friction for the average person — high gas fees, complex setup, and significant liquidity requirements.
Solana, and specifically Pumpfun, removes a lot of that friction and allows for a much simpler, fairer launch structure for an individual dev without a team or funding.
So LilyBux wasn’t created to abandon the original — it was created because the original structure wasn’t viable long-term.
This wasn’t rushed. It took over a year to accept that Lily’s Coin wasn’t viable. And if a dog born on the exact same day as Bitcoin is going to have a memecoin, it has to actually work — and match how unique that story is.
So I rebuilt it properly on Solana using Pumpfun.
Same dog. Same origin story.
Just built properly this time.
@LilyBux