DanXrp

@THECODEDBEAR @JoelKatz @roaringbear321 @Illyriannft Bots can influence price short term, but they don’t control the pool itself.

@danonxrpl @JoelKatz @roaringbear321 @Illyriannft Price control can be done through bots as well controlling buy and sell orders on the dex and spoofing dex orders. volume bots don’t like having to pay fees to the lp providers for all there trades giving the lp providers the advantage over the bots from siphoning liquidity

I took some of my FUZZY and some of my XRP to do a two-sided deposit into the XRP/FUZZY AMM. This adds liquidity to FUZZY and could let me profit from both volatility and swaps between FUZZY and XRP. bithomp.com/tx/A526DD40DC3…

@THECODEDBEAR @JoelKatz @roaringbear321 @Illyriannft Both matter. Whales can impact price, but LP control is structural risk. If one party controls liquidity, they control exits too.

@danonxrpl @JoelKatz @roaringbear321 @Illyriannft I’d be far more concerned about projects being controlled by whales who provide no liquidity and just suck the liquidity out of every project… being concerned because ppl are contributing to the stability of a project is a weird outlook

@JoelKatz Most of these issues come from how unclear and inconsistent token structures can be. Better standards around transparency, LP design and distribution would simplify a lot of this.

I'm glad I don't do my own taxes anymore. Just some of the issues with this: 1) Is the FUZZY that I received a gift? Or was it paid to me in the ordinary course of business? 2) What is my tax basis in the FUZZY that I received? 3) When I deposited into the AMM, do I consider the value materialized to be the fair value of the tokens I deposited or the fair value of the LP tokens I got? 4) Must I use FIFO to determine my basis in the XRP tokens I gave up to the AMM? Or can I choose which XRP to consider myself to have disposed of? 5) How do I figure the fair value of the LP tokens I got? Can I use the DEX? The AMM? Before, during, or after my transaction if I moved the market? 6) Can I plausibly argue that some of the values of the tokens involved cannot reasonably be determined to delay capital gains taxes until I eventually move back into more liquid assets? Or do I have to come up with some value by some methodology?

@JoelKatz one of the first things worth checking is the LP structure. If liquidity isn’t properly burned or locked, it can stay controlled by a single party. Some projects on XRPL are actually building long term with strong fundamentals, while others mainly rely on hype.

@JoelKatz @roaringbear321 @Illyriannft That’s fair. @JoelKatz One simple thing to look at is the LP structure, if most of it isn’t burned or locked, it can be controlled and withdrawn, which adds risk for users.

I care in the sense that I want every project on XRPL to be an amazing project with great developers that provides an awesome experience for everyone involved with it. I don't care in the sense that I know very little about this project specifically. For example, I know nothing about its tokenomics.

@JoelKatz @NormHerb First thing to check is the LP. If only a small part is burned, liquidity can be controlled by a single party and withdrawn at any time. That’s a risk for users.

@NormHerb That is what I worry about and why I always try to be clear that I'm not endorsing them. It's just really hard to tell what's harmless fun and what's a scam in the memecoin space.

@NormHerb @JoelKatz Not all are rug pulls. You just need to check tokenomics. Low LP burn like FUZZY can be risky, while some projects have much safer structures.

@JoelKatz I'll pass Meme Coins are rug pulls

@JoelKatz @JoelKatz good to see more attention on XRPL tokens. But safety matters too, low LP burn means liquidity can remain controlled by a single party, increasing risk and reducing decentralization. Worth considering as the ecosystem grows, other tokens on the ledger deserve attention.

@pinto17492 On peut pas te dm c’est fermer Essaye de me dm ça m’intéresse

I'm selling a ticket to Paris Blockchain Week 2026, very cheap since I won't be able to attend and the event is soon. #Paris #Blockchain #Web3 #Blockchainweek dm