BoredPacks retweetledi
This is what I wanted to do with the LPs and why I wanted to lock them and not burn them:
---> 10% Will be liquidated and SOL used to make large buybacks and the $smole will be used to add liquidity to yield farms and provide liquidity to some CEXs or even spread it to other DEXs.
---> 90% Would be locked for 3 months, 6 months or 1 year, 2 years, whatever the community chooses.
Once unlocked, the same process is repeated, 10% buybacks and 90% locked again, and thus we manage to spread liquidity to the market without needing to burn that money...
Or we can make this option much more reliable:
We block all LPs so that only a certain amount is unlocked at a certain period of time to make the buybacks and smole liquidity to farms... in this way I would NEVER have full control of the LPs
With this tokenomics we could follow all the plans I had for the memecoin, if we burned them it would not be the same. In any case we will continue working hard.
Or just we can even do 50% this strategy and burn the other 50%
I am not interested in keeping the money for myself and I'm not a scammer either, in the end you trusted me for this, so you have the final decision. I have always been transparent with everything, I have been building shit in the ETH ecosystem for more than 3 years, so I promise to leave the decision of anything in the community hands
Choose what you consider best for the #smolecoin project, I'm tired of so much aggression and hatred and finally this is for fun.
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