Unipeg Strategy

A perpetual unicorn machine that scales alongside @Unipegv4

[Unipeg Strategy @UnipegStrategy2]

We’ve deployed Unipeg Strategy v2.

The iconic flywheel:

1) Collect tax to buy $UPEG
2) List $UPEG on v4 at 25% over cost
3) Sell $UPEG when it moves to price
4) Take all $ and buy and burn $UPEGSTR

This time, it won’t ever stop.

CA: 0xC4080eD7d41B0F976e61770Ad988f46e8AA8013f

[Unipeg Strategy @UnipegStrategy2]

Everything is working well! The flywheel is in effect, and this one will never stop.

https://t.co/dioo7AAssd

[Unipeg Strategy @UnipegStrategy2]

@traderpow @chjokka We’ve fixed the contract, if you’re interested in the same flywheel, but one that will never stop.

[Unipeg Strategy @UnipegStrategy2]

@drippysats @chjokka We’re building a working version, deploying soon.

[Unipeg Strategy @UnipegStrategy2]

We removed the hard cap entirely. maxEthPerCycle defaults to 0 which means "no limit" the contract uses all available accumulated fees to buy each UPEG regardless of price.

We’ll start the flywheel again, and this time it’ll never end.

[Unipeg Strategy @UnipegStrategy2]

The original contract had maxEthPerCycle = 1 ETH. A hard cap on how much ETH can be spent per buy cycle. The flywheel buys exactly 1 UPEG each cycle, but when @unipegv4 price pumped above 1 ETH, the contract couldn't afford to buy 1 full UPEG within that cap.

[chjokka @chjokka]

Idiots.

If someone is creating a working model, dm me pls

[Unipeg Strategy @UnipegStrategy2]

Since ownership was renounced, setMaxEthPerCycle() can't be called to raise it. The flywheel is permanently stuck until UPEG drops back below 1 ETH.

We’ve fixed that:

[Unipeg Strategy @UnipegStrategy2]

@skaai_theprof Ladies you ready?