@Gabrielesm1 How does $j3ff relate to $rift I am so confused. If I sold the original amount of airdrop $j3ff should I buyback the exactly amount and does that still count as holder
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INTRODUCING AI-Pool (@aipool_tee )
So what the hell is this, well in short this is a radical new experiment, in Ai agent autonomy and Pre sale mechanics and I am personally trying to make the coin launching space less predatory. but if you lazy the TLDR is below.
this is going to be provably fair and no "insiders" anyone can send sol, and I am sending my own money, there is 10% kept aside but read on for what that's about.
TLDR : Make Ai-Pre-sales, so people don't get rugged, and making the entire process transparent.
Problem: Launching on PumpFun is cancer right now, for instance There are:
1) TGE sniper bots - snipe tokens as they are created
2) Trending bots - buy tokens as they start seeing unusual volume
3) Pre-migration bots - snipe tokens as they are about to migrate from pumpfun to raydium
4) Post-migration bots - snipe tokens right off migration
5) Comment Bots to make comments look organic.
6) Volume/bump bots to artificially make a token trend to king of the hill.
(Thanks @0xwitchy for the easy above list, I added some as well )
and so much more, and to be fair this isn't pumps fault.
pre-sales are a response to this. You have seen this on DAOs . Fun where they have enacted a white list/presale model.
This is a great solution but it does still involve a lot of trust, (and time ). you have to trust the person taking in the pre sale funds. What happens most the time is :
1. they steal the money.
2. doesn't use the money (to provide liquidity ) for what he/she says they are going to do with it.
3. takes forever to launch. (time rugs)
these problems are common with pre sales ( see ICOs) which can be great if done right.
ICOs are just a from of a pre sale, these are not legal in the USA due to a lot of dumb "protections" but most of these "protections" are in place because of 1-2 above. Which is sort of understandable
So humans aren't legally allowed to launch coins.....but what about Ai-Agents?.....SOOOOOO this is where the Ai agent comes into play.
What me, @PhalaNetwork , and other cracked devs working on this idea, have built is an agent that will :
1.have a wallet, in a TEE (IMPORTANT)
2. Take donations
3. Launch a coin
4.Start a Liquidity pool.
5. Send coins to the people who donated to it.
A Trusted Execution Environment (TEE) is a secure area of a computer's CPU or mobile device's processor that protects data and code(in this case private keys for the Ai's wallet) from being tampered with or accessed.
How it works :
1. you send Sol to the Ai's wallet.
opRyDjuRetWnsP78FNFTPEnAJX7AkjuD6GTP7tsqHXd
( this wallet is NOT A CA, it is the Ai's wallet.)
(1 sol MINIMUM, and 10 sol MAXIMUM anything less will be considered a donation by the Ai)
2. Ai will then pool the funds from the pre sellers, then launch a pool via Metoria (not created with pump fun you will see why).
It will own that pool, and direct the fees from the pool back to the Ai's-wallet.
3. Send tokens to the people it deems worthy. ( people who sent the proper amount of sol)
5. Collect a pool of funds for future fun stuff.
So how do you know that I wont rug you? or how do we solved the rug problem and the insider problem?
well to start, its an Ai, and it can be provably shown to have the private keys in the TEE ( made by @PhalaNetwork ) , this means that me or the developer can not access them.
You can check this in the terminal logs.
(looks like this)
and you know there is no "insiders" because it is an open wallet every thing can be tracked and no one gets a better price than anyone else. you can see what funds go in, and what goes out. in the first version we are sending 10% supply to a DOX'd custody wallet you can read on to see what it will be used for.
BUT THERE ARE RISKS THIS IS BRAND NEW TECH!!! SO DO NOT BLIND APE!!!
The Risks are many as with most cryptos.
This is V1, this is battle testing a lot of the technology, and testing a lot of on the ground stuff you just cant test without launching it publicly.
IN V1 10% of the supply will be sent to a custody wallet this wallet is public and anyone can see it.
Funds will be held here for future exchange listings if the coin blows up, or other integrations( Cross Chain LP-Pools for the token), OR burned.
In addition to the above, IN V1 IT IS NOT FULLY RUG PROOF. TECHNICALLY the dev could push code to change the rules, but it will take aprox 24 hours, and obviously once the token is live and locked it wont be able to be changed.
Also How do we make $$?
fees, we take some fees from the metoira pool, and to be honest I am not sure they exact % and will probably depend on the volume. but its wayyyy less than pump fun, and most will flow back to the ai.
But this is a safety measure incase something goes wrong, so we don't brick funds that were sent to the AI-agents-Wallet.
In V2 and the future we hope to make it FULLY sovereign, and possibly living in a DAO so all can benefit from the fees flowing back to the Ai agents wallet, with some white list tech, and blacklisting people who try to snipe or game the rules.
I hope you guys enjoy this experiment.