Wouldn't work because they would adapt and use multiple wallets. I think a time based tax could be a good solution with the tax being put back into the liquidity.
ANTI JEET MODE
Sell within 30 seconds => 50% tax
Sell within 60 seconds => 25% tax
Sell within 120 seconds => 10% tax
Sell after 5 minutes => 0% tax
@SolportTom@a1lon9@AxiomExchange@TradingTerminal Add a global tickerRegistry PDA that stores normalised ticker and timestamp when a token is created. If the token is already taken in the specified time period (say 1h), fail the tx with ticker already taken.
@CryptoGodJohn Hi Jonny, any new thoughts on the PUMP launch (or lack of). Seemed a pretty obvious final cash grab to me but maybe I'm missing something.
@CryptoGodJohn Hi Jonny, any new thoughts on the PUMP launch (or lack of). Seemed a pretty obvious final cash grab to me but maybe I'm missing something.
Greed and lack of innovation are all good when you don't have a serious competition but now the wars are heating up and Lets Bonk is not messing around. They are constantly innovating, shipping updates at a rapid pace and pouring money into marketing and kickbacks for the users.
@a1lon9 Your next move will determine the future of your business.
The way https://t.co/dOwZ74zaqA has eroded market share will go down in business as one of the biggest fumbles in history.
For a business with network effects to be decimated in the way https://t.co/dOwZ74zaqA has is almost unheard of.