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BORED š„±
@bored
An interesting and potentially impossible challengeā¦ 8 months ago the $BORED token launched on @base, with almost the entire pre-raise going towards a locked liquidity pool. Now, as you can see, that LP is way too big relative to market cap. This makes no sense and doesnāt help the community. The token which was launched via @partydao does earn the treasury fees from trades, but volume is quite low. The goal here is to move as much of the funds from LP to treasury, so if anyone has creative and ethical ideas, please let me know and a generous reward may be coming your way.
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BORED š„±
@bored
CA: 0x70737489DFDf1A29b7584d40500d3561bD4Fe196
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Apex777
@apex777.eth
LP postion is locked via smart contract and can't be withdrawn.
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Liang @ degencast.wtf š©
@degencast.eth
isn't the LP locked? @partydao ?
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Alex
@strafi
Classic example of parking money inneficiently
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Boiler(Chris)
@boiler
I think 1 and 2 might just be digging a deeper hole. Buyback/burns is the gwei.
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Boiler(Chris)
@boiler
Iām not sure if pulling liquidity to go into a treasury can be ethically done. Isnāt that, by definition, a rug? Itās always been an issue, does a DAO holding its own tokens, actually have any value? Probably the DAO should be looking to burn tokens here, not cash them out.
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Daikie.eth š©
@daikie
Why not put the LP in the treasury and call it a day?
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Qš©
@qsteak.eth
Integrate with Tip Shot. Give 10% to the players and the rest transfer to the treasury via fees. @corbin.eth I donāt know if that would actually work.
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Chris Carlson
@chrislarsc.eth
Not very creative but just set up claim for holders to claim ETH from $2m pool
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greg
@gregs
can you mint more tokens and do like a stock split?
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