The launchpad where every token has a floor, backed by tokenized stocks
Built on @MeteoraAG DBC
⚠️ Plinto has no token yet
Any $PLINTO out there is not ours
SuperMetBuilders 002 ☄️
3 superteam builders.
3 countries.
all shipping on meteora.
🇺🇦 @plintoxyz: launches with a floor
🇲🇾 @Hedginxyz: a pro LP grinds for you
🇹🇭 @runuptrade: memes backed by a reserve
meet them 👇
🇺🇦 @plintoxyz by @_0xrk
plinto launches come with a floor.
- half the raise sits in a vault of tokenized stocks.
- holders can always redeem against it.
= fees only push the floor up.
live on mainnet. built on meteora DBC.
🥉 in the meteora DBC track at @solana STOCKLANA
https://t.co/LN7GRDjTHq
thanks for asking, our website has a great scroll animation that shows how it works: https://t.co/DUlRemH99G
TL;DR: there are two prices, the market price and the floor price.
the floor never goes down. It only grows from fees, and you can always redeem (burn) your tokens at the floor price
when the market price drops below the floor, arbitrageurs buy tokens on the market to redeem them at the floor. That supports the price and shrinks the circulating supply, so it’s impossible to dump the price to zero
thanks for asking, our website has a great scroll animation that shows how it works: https://t.co/DUlRemH99G
TL;DR: there are two prices, the market price and the floor price.
the floor never goes down. It only grows from fees, and you can always redeem (burn) your tokens at the floor price
when the market price drops below the floor, arbitrageurs buy tokens on the market to redeem them at the floor. That supports the price and shrinks the circulating supply, so it’s impossible to dump the price to zero
Meteora x STOCKLANA: 7 teams tested tokenized stocks on Meteora's Dynamic Bonding Curve.
@MeteoraAG named its track winners at @solana's STOCKLANA hackathon, judged on work shipped Sep 11-25.
1. @BubbleStocksSol by @unchartedTTy
2. @gabox_fun by @Amir0X1
3. Juno, @plintoxyz by @_0xrk, Continuity by @DefiPreacherr
Honorable mentions: Equinox by @soltyagi, Teserra
The catch: prizes pay out only once each project deploys on mainnet. That makes this a watchlist of tokenized-stock apps that could go live soon.
🥉 Third prize: $500
@plintoxyz: every launch gets a floor, with half the raise held in an on-chain vault of tokenized stocks that holders can redeem against.
https://t.co/ysCVvcpu1Q
🏆 Huge congrats to @_0xrk on winning the Best Use of Meteora DBC track with @plintoxyz!
Plinto is a launchpad where every token has a floor price backed by tokenized stocks.
Even more impressive: this was the first-ever hackathon hosted on the https://t.co/2bS2D3Gj3p portal, and our Ukrainian builder came out on top!
Another W for Ukrainian builders!
@wolfgangg37@MeteoraEco half the raise sits in an admin-less vault in SPYx. Burn tokens anytime and get your pro-rata share, minus a 2% fee that stays in.
more on our landing page https://t.co/BmdcU9YcdK
@MeteoraEco Thank you @MeteoraEco and @MeteoraAG
Huge honor to take 3rd
DBC made it possible to build launches with a real floor
This is just the start, more coming soon