TWAP Protocol

A launch primitive designed to reward long term holders.

0x7182ffab99d80d79cc191bcfee70f45a37b62cc8

[TWAP Protocol @twaptech]

The TWAP Launchpad is live: https://t.co/7wV5Tj0f7A

Launch tokens with TWAP tech

Deploys have 2/2 taxes, which get used to programmatically buy back and burn the token

20% of all taxes go towards buying back and burning the TWAP platform token

[TWAP Protocol @twaptech]

27.3% of the TWAP supply has been bought back and burned

[TWAP Protocol @twaptech]

26.1% of the TWAP supply has been bought back and burned

[TWAP Protocol @twaptech]

Deploying launchpad contract

[TWAP Protocol @twaptech]

As a reminder, our contract is coded to only have one function --> Buy back and burn

There is no path to removing the ETH

The contract has no upgrade authority, so that can never change

[TWAP Protocol @twaptech]

The TWAP Protocol vault is fully trustless

With no upgrade authority, the team has zero ability to make any changes to the contract

The ETH received from the tax can only do one thing --> TWAP and burn

There are no other functions or ability to transfer the ETH

[TWAP Protocol @twaptech]

Final checks underway for the launchpad

Still on track to deliver by end of day US hours

[TWAP Protocol @twaptech]

24 hours since launch

Over a quarter of the entire supply bought and burned

252,703,000 TWAP taken out of circulation forever

Launchpad 🔜

[TWAP Protocol @twaptech]

In just over 12 hours, the TWAP vault has bought back and burned almost a quarter of the entire supply

The TWAP thesis is playing out in real time

[TWAP Protocol @twaptech]

As you saw for our launch, there were zero technical hiccups

We don't rush, but we have the ability to move fast

Everything will be fully functional on the launchpad today

That's a guarantee

[Wasmar | Video Editor @TheTrencher__]

@twaptech Please don't rush it. Cos if it's a flop launchpad, the reaction will be on the chart.

I don't want you to say a promise you can't keep. Just keep everything transparent

[TWAP Protocol @twaptech]

The launchpad will be live today

We are in the final stages of our internal audit

Fully focused on releasing this as soon as possible, with a flywheel activated for the platform token

[Kien Nguyen @KienNguyen_NFT]

@twaptech When launchpad

[TWAP Protocol @twaptech]

23.2% of the TWAP supply has been bought and burned

[TWAP Protocol @twaptech]

12 hours since launch

Over 22% of the supply burned

Each buy back and burn increases the floor for long term holders

Every hour that goes by validates the TWAP thesis further

[TWAP Protocol @twaptech]

The TWAP Protocol vault is fully trustless

With no upgrade authority, the team has zero ability to make any changes to the contract

The ETH received from the tax can only do one thing --> TWAP and burn

There are no other functions or ability to transfer the ETH

[TWAP Protocol @twaptech]

21.5% of the TWAP supply has been bought back and burned

[TWAP Protocol @twaptech]

The entire purpose of TWAP is to be a better launch primitive for @ponsdotfamily

The thesis is that tech that programmatically rewards holders in a trustless manner is better than a raw pons USDG distribution launch

We are trying to capture the launch layer of Pons

This is on top of the fact that our tokenomics are designed to make this a truly community owned protocol, which can sway deployer trends

[TWAP Protocol @twaptech]

Over 20% of the TWAP supply has been bought back and burned

1.7% tx: https://t.co/qFqwbehOXt

[TWAP Protocol @twaptech]

19.1% of the TWAP supply has been bought back and burned

0.72% tx: https://t.co/fQW2uvYrEX

1.55% tx: https://t.co/FY1LgzIRWm

[TWAP Protocol @twaptech]

The entire purpose of TWAP is to be a better launch primitive for @ponsdotfamily

The thesis is that tech that programmatically rewards holders in a trustless manner is better than a raw pons USDG distribution launch

We are trying to capture the launch layer of Pons

This is on top of the fact that our tokenomics are designed to make this a truly community owned protocol, which can sway deployer trends

[Slack @Slacktocurrency]

@twaptech @ponsdotfamily But why would people want to launch on TWAP

What incentive will they get ?

[TWAP Protocol @twaptech]

@ponsdotfamily Furthermore, our smart contract deployed on Robinhood has no upgrade authority, meaning that ETH in the contract can only be used for buybacks: https://t.co/L4cglqEKAs

[TWAP Protocol @twaptech]

What is TWAP Protocol?

We are a launch primitive for @ponsdotfamily that aims to reward long term holders

Tax generated by short term speculators is used to TWAP our platform token, to the benefit of long term holders

TWAP is the platform token

Once we are confident that the tech works smoothly (has been fully functional so far) we will enable our launchpad

The goal is to be the launch mechanism of every future @ponsdotfamily launch

There will be a protocol fee of 20% on every ecosystem deploy that will go towards buying back and burning the TWAP platform token

[TWAP Protocol @twaptech]

The entire rationale of this platform is that volume generated now gets used for future buybacks

Every 30 minutes, there is a window where a batch is active

Volume generated in that window gets pushed to the next 30 minutes window, where a TWAP programatically occurs over a buy every 10 minutes

For example, in this 30 minute window, 0.6 ETH was generated in fees, but is queued for the next batch

The goal is for there to always be something to look towards