EggMan

@vixy777s @smol_intern Run it up @vixy777s 🫡

@xbt2027 ($2027 // $XBT) - Phase by Phase 2027 was the experiment, now it is the infra/ecosystem token. 10% of all SOL raised across all five phases of each launch such as the XBT launch goes for $2027 buybacks Regarding the current XBT sale: Phases 2, 3, and 4 carry premiums (1.21x, 1.44x, 1.69x). Phase 1 and 5 valuation is determined by the sol raised in each round. However, p1 is not a floor because Phase 5 has a single pro-rata clearing price with no requirement that p5 > p1 The majority of people do not seem to know this. That is why, if the initial hype exhausts itself in Phase 1, Phase 5 could theoretically clear at a much lower valuation. This phase might get even cheaper if you think phases 2–4 are unlikely to be filled due to their premiums since their unsold supply rolls over, which would make phase 5 a much larger bucket of tokens being sold at whatever price the remaining market is willing to pay So, if momentum stalls, p5 could end up equal to or lower than p1 and phase 4 buyers could have essentially bought at least 40% cheaper if p5 = p1 (paying a huge premium). There is a trap tho, since if everyone waits for Phase 5 to get a better deal than the p2-p4 premiums, p5 could end up more expensive than p1, even if p2-p4 were not filled. The TGE price is always higher than the clearing price of the final discovery round (if p5 > p4) or higher than p4 (which is 1.69 x p1). For example, if Phase 5 clears at $1 the token must list at a minimum of some multiplier x $1. If p4 was $1.69 and p5 $0.50, the TGE price is guarded to be at least some multiplier x $1.69 (prevents a collapse and everyone being underwater) Also, 90% of the total raised SOL is paired with 10% of the XBT supply. If this ends up being a vert thick liquidity pool, the price floor (clearing/TGE price) will be very strong. 60% of the total supply is burned at TGE, so 40% circulating supply Looking at what gives the best r/r it is definitely imo the 2027 token on ETH. You can either gamble on the phases and end up with a bad entry if momentum fades away, or just enjoy the buybacks. I bought 2027 (around 700k MC) and will wait to the finals minutes of phase 5 to decide if I will participate in the auction (will be able to tell if there were a lot of people sidelined or if momentum really died and I got myself a good deal) While I was writing this Phase 1 raised 4222 SOL and Phase 2 only got 23% filled. So the remaining 77% of that 5% supply allocation is now a rollover. If phase 2 already struggled with the 1.21x premium, Phase 3 and 4 will most probably also struggle. Was lucky enough to have the chart open at the same time and sold around 1.8M MC. Unless the entire crowd is waiting for the final minutes of phase 5, I am planning to buy some XBT there