🃏 Jestrbot is now live on Farcaster!

Tag @jestr in your cast to launch a @solana token right from your feed. Creators earn 80% of LP fees (~4% of total volume) + 10M tokens at launch.

Add the Jestr.fun frame below to stay in the loop:

https://www.jestr.fun

The circus just got bigger. 🃏

did a quick look into the internals here by looking at their first coin $FEST. can pretty much just view everything here: https://edge.meteora.ag/dlmm/2Tc7bC3qJrVn5ZFm34ow5d7Y7c4Xci5hC6LaBUYNS1dr

so starting mcap 26k~, 1B total supply. 500M deployed to a single sided DLMM (so no initial SOL capital required)

fee = 5%, bin step = 400 (4%). DLMM has max # of bins at 69, so this pool will go out of range about 15x higher (390k mcap). at that point i presume the remaining 500M coins must be deployed in a new pool somehow?

creators earn 80% of fees + 1% of supply. not bad! the perma 5% fee does seem a bit steep imo.

CEO of Mid Curve Capital. Building @daosdotworld

No, that 5% fee is the pool fee. Jester gets 20% of that

somebody explain jestrbot to me like i'm 5. not sure i get it.