🚨 SPECIAL WARNING! 🚨
Be careful $UFD community. Unfortunately there are at least one, and maybe another scams going around right now. This involves people impersonating me and certain giveaways, etc. I'm not associated with any of these.
PLEASE BE VERY CAREFUL!
TRUST ME! DON'T CLICK ON ANYTHING.
🔥 $UFD is the Coin of the Week 🔥
🦄 This week, $BTC / $UFD is our default trading pair
🦄 Swap #UFD on #Exchangio without KYC💨
🦄 Stay tuned to @Exchangio for new @BasementRon updates! 🚀
🔄 https://t.co/S5Elzksjfd
Let's help clarify why $UFD is raising money for the @krakenfx listing:
We are actually raising money to establish a Market Maker for $UFD, not @Kraken. The MM will provide liquidity for @kraken and all other future T1 exchanges like @coinbase.
Our MM will be G-20 https://t.co/TZdSIaON5x. We raise the money in $UFD which we then provide to G-20. G-20, in exchange, will then provide the $USDC for the liquidity pool. Since, liquidity pools require a 50/50 ratio of the token to $USDC.
G-20 will continue to increase the amount of $USDC required to balance the value of the $UFD as the value of $UFD increases. This ensure that no $UFD is sold (Impermanent Loss) to maintain the 50/50 ratio.
G-20 will make money off of the spread and as the price of $UFD goes up they will continue to cover the required $USDC.
They are also connected with exchanges via an API that allows them to use to liquidity to facilitate trades.
Basically, this is a one time fee to get us on to T1 Exchanges, reduce slippage, and cover the 50% $USDC required for a liquidity pool no matter how high the valuation of $UFD goes.
Credit to @DeganThrills for helping me figure all this out and @wizardwifhatt too!
🔔 Attention #Dusters - T1 Listing! 🔔
To secure our Kraken listing, we need $150K in $UFD to supply liquidity to our signed Marker Marker.🦄💨✨
So far, our unstoppable community has raised over $72K, with $50K coming from @BasementRon and our narwhals! That means we have $80K left to go!
This is our moment—every single contribution matters. Let’s rally together and get this monumental milestone crossed off! 💪🔥
🔒 Wallet for Contributions:
HbwsZ6p2FGUboZQZqHgdPXvugf63qVnbqqCHGibeCrJp
#GoodAttractsGood #HornsUp