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There is far too much talk in this space about deflationary methods like burning tokens. $MM will always have the complete opposite strategy. The treasury will grow and the bot will continue to be the engine powering pairs through @MeteoraAG
It will always cycle back to the $MM token and drive larger positions, creating more fees, and buying back the token, increasing the treasury... always.
Inflationary > Deflationary
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This was one of the reasons we purchased so much of the supply from the dev wallets and distribute coins via earth staking instead of letting random people buy huge portions of supply for close to nothing.
Grant@Grantblocmates
Token distribution is the single biggest issue plaguing the industry right now imo
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Just did a quick token to token pool with $zero and $water and was able to generate roughly $5k in volume for water in 1 hour.
The reason I chose $zero was because it was doing very high volume($90k+) on the 5 min time frame. The pool began as a single sided $water pool which means it started with $water being used to buy $zero but once the pool had both tokens in it the volume went both ways(buy/sell).
Yes, there was both buy and sell volume being transferred to the water pool but an active orderbook is more appealing to new potential buyers and helps make $water more appealing to anyone that finds it. Plus it generated $68 in fees(50/50 water/zero) to buy more water.
Coincidentally you'll notice the last hour was probably some of the best PA we have had today for all the elements 😅😂

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🛠️Major update pushed: Mobile is now fully functional with Phantom Wallet integration.
You might also notice some visual changes in the world. The first pumpkin just appeared, trees are shedding leaves, cobwebs creeping in, skulls showing up on rooftops. Something's coming. Keep your eyes open.

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@PorcheBrian @Onchain_Alchemy The only problem is that u want 100x in 30 min
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@Onchain_Alchemy So that’s the quality of early insiders and floor and “early holder” bags.
Devs buying back 50k and burning left and right and our bags melting,
Nice experiment 👍 .
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