Every short on Tumble now burns $TUMBLE.
2% of every position buys $TUMBLE on its own pool and destroys it - in the same transaction as the trade. If people trade, supply falls.
It calls burn() on the token, so totalSupply itself goes down. 642k burnt so far, another 1 ETH queued.
The buyback contract has no owner, no withdrawal function and no settings. Ether that reaches it leaves as burnt $TUMBLE or doesn't leave - we couldn't stop it or redirect it if we wanted to. Anyone can send to it, and anyone can trigger the burn.
https://t.co/CGSw9WfEHL
Buyback 0xB4ed63835e11c3Ad585442ED633ea98f0B839042
Router 0xc6e2D62fA746041acc562f3A9A45C241e900CDca
PS: we kickstarted it with 1 ETH of our own, and more tokens are coming.
Short the memecoins no exchange will list - priced off the Uniswap V4 pool they actually trade in.
Every contract behind it is now verified on-chain. You don't have to trust us. Read it below - we published the fully verified contract.
@gmorningjesus@ArtevaCapital Worked all day on new mechanics today. Will try and be more active tomorrow.
getting tumble ready to scale for 100+ ETH vault
Tumble's new terminal's is live. Seven markets, real charts, one screen - every one drawn from the pool's own swaps, the same slot0 the desk settles you against.
Two new coins to short: at 213 ETH deep, $CHUMP at 101 ETH
Desk is up 1.71 ETH on the open book, which goes entirely into the vault which funds the future shorts. This vault is completely locked - the protocool can never touch it.
A breakdown of Tumble's contracts and how it is trustless will be published soon, aswell as an external audit.
PS: 8.19 million tokens of $TUMBLE have already been burnt from buying back the token using the protocools 2% fee. https://t.co/HFziCoJWPi