your token can help fund its own development without constantly selling off its supply
whether you're building a trading tool, a game on @RobinhoodCrypto chain, a DeFi protocol or something entirely new, on lift you can route your share of trading fees to a dedicated project treasury
instead of selling treasury tokens to finance every next step, the project has another potential source of funding tied to its trading activity. those fees can help pay contributors, cover infrastructure costs, fund community events or develop new features
of course, fees only accumulate when people trade. and a treasury is only as trustworthy as the team managing it, so transparency matters
think ahead before you launch ⬆️
Quick question: what do $FUK, $OLCCL, $MEILI, $MMLI, $DABI and $SINU have in common?
all of these memes launched between Nov 5 and 7 on NEAR, all by North Korean hackers to wash stolen Binance money
meanwhile ~$430k got washed through these so far
how they did it:
- stolen $NEAR gets split from the main wallet into buyer alt wallets
- buyers ape the token from a pool the deployer just opened
- separate set of wallets dumps it back into the same pool and pulls NEAR out
- zero direct transfers between these two sides, the only link is memecoin
each launch cost ~25 NEAR, meaning it cost $540 total to move $430k
all of it pretty much doesn't look like laundering onchain, just another rug (which is exactly the point though)
bet it all was just a test run because ~11.8M NEAR (~$44M) is still untoched, so be extremely careful with any fresh memes on it
the saddest part is that trenches are already so full of bundled wallets, wash volume and pulled lp that a state-level money laundering just blends in perfectly
shoutout to Elliptic for data and catching this one first
While some collections make headlines, others stay under the radar, for epic comeback
Quiet markets don't stay quiet forever
Sometimes all it takes is a rumor about upcoming upgrades, a new Crafting opportunity, or a tournament on @PortalsEco app 💎
https://t.co/OTOqWEX5tJ
We want to see how you've been fighting in the Arena
Your closest win, wildest comeback, or that one Captain pick that saved the whole Squad
Use Share This Battle, post your result, and tag @DraftsFun
We'll feature some of our favorite fights from the community this week ⚔️