What is $Twine?
Twine is an automated market maker with a 50ms hit rate.
$Twine's goal is to be the first multi-chain token backed by a market maker to align both prices.
Each maker is funded with roughly $10000 of the native token, with additional funding coming from creator rewards.
Many have tried, many have failed.
We wont.
⛓️
Monitoring every live deploy, if a fresh token pumps hard on one side it will be depegged for a brief moment.
The average band for a fresh token should be between 5-15%.
The higher the token goes the easier it is to manage the band.
V2 is now live.
Ill monitor every deploy personally to make sure everything goes smoothly.
Any issues i will fix live, if theres a massive issue i will turn it down a bit.
Deploy for 0.5 SOL on 2 chains at https://t.co/1I3jFkyzSi.
This is the launch reserve, excess fees from the $TWINE market makers are sent to the reserve.
If theres funds in this reserve, a launch is possible.
$TWINE takeover.
V2 is now live.
Ill monitor every deploy personally to make sure everything goes smoothly.
Any issues i will fix live, if theres a massive issue i will turn it down a bit.
Deploy for 0.5 SOL on 2 chains at https://t.co/1I3jFkyzSi.
@Bolo_WaQar1 Once V2 is live, much more deploys will come out bringing more exposure to the platform.
Once people see how unique TWINE is, the attention will follow.
Twine V2.
Pay 0.5 SOL as a deployer fee
The excess funds in $TWINE's market makers fund a deploy reserve.
The reserve is used to fund the 2 makers for the deploy.
Once the maker has enough cash to run itself, the deployer is refunded his 0.5 SOL.
Initially, the deployer will receive a % of the fees that would go to the makers as an incentive.
In the future ill add a feature to use those fees as buyback and burns, holder dividends etc.
$TWINE has grown massively, enough to allow me to use the maker funds for more than just buying and selling.
ETA - 1 Hour.
@MisterSoapy_ The makers for $TWINE have more than enough funds.
Im using the excess to fund the makers for others to deploy, 1 deploy per wallet a day.
0.5 SOL fee to prevent spam, which is refunded once the maker is fully funded with cash reserve from the token fees.
Twine V2.
Pay 0.5 SOL as a deployer fee
The excess funds in $TWINE's market makers fund a deploy reserve.
The reserve is used to fund the 2 makers for the deploy.
Once the maker has enough cash to run itself, the deployer is refunded his 0.5 SOL.
Initially, the deployer will receive a % of the fees that would go to the makers as an incentive.
In the future ill add a feature to use those fees as buyback and burns, holder dividends etc.
$TWINE has grown massively, enough to allow me to use the maker funds for more than just buying and selling.
ETA - 1 Hour.
@MehmetErdem053@MnyLineCappelli A lock would be more feasable then a burn.
Burns would have to match on both chains in order to keep marketcaps stable.
Will look into it.
1% burns completed on both chains.
TXs:
https://t.co/3fb9jKxHR2
https://t.co/FSUwT359FZ
Will work on trying to get a more active flywheel, but the subtoken flywheel is forever active.
A lot of people have been asking for burns.
For the makers, its not entirely financially ethical to do so because it could make them run low on funds in the long run.
However, im committed to this project and want to see it succeed.
I'll burn 1% from each chains maker, as a stepping stone for the flywheel.
A reminder that these two wallets are makers.
9iMztAwXeu4c8Qr4yFs1KM13xFbgFRCz6n1oPqjykBUR
0x0ca689ec5898b1bcbd0aec0d28490732f0cf7528
I'll publish the burn TX's as they occur.
Will be looking into implement this next.
I understand auctions can be boring, sending money to an address and waiting around.
$TWINE auctions will become a tradeable curve.
Buy into the curve, sell the curve, fees will accrue that help raise funds for the MM to deploy.
Once the curve reaches its goal, the MMs are sent their funds to begin trading.
Those who buy early into the curve will obviously receive more supply than those who buy later, just like a regular pump/pons token except it'll start a higher marketcap (because of the supply purchase for MMs).
If theres any other additions you can think of, reply.
Could it be possible you try out a bonding curve instead of Auction? Works similar like old presales atm, which didn’t really do well.
Maybe if the site had a virtual bonding curve to raise the funds that would work best.
People "trade" the coin on your site first. Once there is enough on the curve to fund both the MMs - it launches on Pump and Pons.