Ansem asked, so we shipped.
We built a platform to solve 2 issues at the same time: airdrops and liquidity. We combined both into the perfect product: honey.
Here's how it works:๐งต
would be legendary if https://t.co/1Sc1wp5IVE implemented a way to add liquidity to launches from treasury as they reach certain milestones, need deeper liquidity once coins break 10M / 50M / 100M so ppl can ape in size onchain to send to higher prices
if portion of fees went towards deeper liquidity + twaps on certain coins ppl would be more incentivized to buy coins higher, the incentives for launching coins is already glitched to peak so activity never stops, have to add incentives to the other side for traders so coins have better chance of reaching higher mcaps
We are working on adding support for USDC pairs across honey fee redirect and deployed coins, and plan to release everything in one large update. Thread coming soon.
We also plan to change how we support tokens on honey, by allocating 5% of creator rewards onto the most active Communites on Honey. More on this coming tonight.
@addHoneyPool can you please write a detailed post as to how the fee is redistributed. Ratio of airdrop to LP and all the specifics. Project is good but you need someone to market it properly.
Nothing was pulled. TVL stands for total valued locked. 30% of the market cap is locked in the pool.
With honey tech, all coins in the future will become as liquid as ours.
We hear the Colony. The logistics:
There are 1,232 of you guys currently, and 800 eligible holders. It takes quite a long time to get around the circle.
But we promise- something sweet is coming your way.
Hey @addHoneyPool - We currently have 119 Members in our community !!!
Just wanted to say thank you for proving that tek is 100% working and thank you for making 3 liquidity pools to prove so
Hope to be apart of the $COLONY
CA: 3q4mGxccPZNEFsLhLXXT65QhxzqqPkqn8givikg8pump