DYOR guys

Here’s my research on how Clanker works.

100% of the tokens are sent to a Uniswap V3 pool. 

The pool has a 1% transaction fee, and the fees are split 75% to Clanker and 25% to the token creator.

The creator gets 1% of the token supply, but both the liquidity provider (LP) tokens and that 1% are locked in a safe for one month. This prevents Clanker from doing a rug pull during the first month.

If the token sees significant growth, like LUM from Aethernet, where the maximum supply held by any one person is only 3%, a rugpull becomes unlikely.

But usually, tokens don’t have network effects, so a rug pull by sniper bots is more likely. These bots buy up the liquidity pool within the first 5 seconds and pump the price 2–3x.

After a month, Clanker can also withdraw its liquidity.

I like the UX of the project, but most of the value ends up in the pockets of Clanker and sniper bots. That’s why I’m not planning to use it for now.

😨 /fomies 🧐 /etherschool 📔 /diaries 💼 /hodler 🏋️ /gymvibes 🛫 /traveljunkie

Thank you for digging deeper, than others 💪🏻

Degen hodler, altcoins believer, founder of unsuccesful projects

It’s a little bit outdated though. I’ll do the better one in a few days. Keep locked.