Worth saying plainly, for anyone watching the chart.
We do not make our money from this token. We make it from the products. flow charges a flat fee per action, keel is a paid product, and that is the whole business model.
That is on purpose. A team that profits from its own token has to keep selling it, and everyone knows how that ends. A team that profits from what it built has a reason to keep building.
Revenue goes back into keel and flow, and we plan to put part of it into the token itself. That is not running yet. When it starts we will show the transactions, the same way we showed the lock.
Red today, green tomorrow, none of it changes what we are doing. This is a long game and we are playing it properly. The people here now are early.
Our 5% is locked for five years. We are here every day, and the products get better every week.
@RWIrobinhood Try https://t.co/HSqcqSpBIl
We're building tools for token teams. Lock, vest, burn, send tokens.
You get a link when you're done. It shows how much, what percent of supply, and when it unlocks. Anyone can open it and read it.
Two types of “sorcery”
1) LP fees auto compound liquidity
2) some launchpads thin the curve at low prices to make it easier for tokens to go up. But it also reduces liquidity/makes it easier for them to go down. We optimized for deep, more long term liquidity
gm
Short update on where we are.
We are in contact with the trading terminals to get our vault whitelisted, so locked supply reads as locked instead of a transfer out of the dev wallet. The tokens went into the lock, which is the only way a lock works.
We have submitted KEEL for a CoinGecko listing. Waiting on them now.
A Telegram is coming. Not set up yet, but it will be, and that is where we will be reachable.
After that it is just work. Getting keel and flow in front of more devs, and getting people actually using them.
Back to building.
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https://t.co/EVteZzAl3S
$KEEL supply.
95% public, on the curve from the first block.
5% team, bought on the same curve at launch at the same price as everyone else.
That 5% will be locked for a year.
https://t.co/EpMYSVD50v
We shipped the product first.
Now we're working to get the contract verified on Terminals so the locked allocation is displayed correctly and transparently for everyone.
The tokens are locked. Verification is simply the final step to make that information visible on the platform.
Correction to our tokenomics post.
We said the team's 5% would be locked for a year. Our developer locked it for five.
It cannot be undone and we are not trying to. We plan on building keel and flow well past a year.
https://t.co/v8nUbDVPmc