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Cartographer 🎩 pfp
Cartographer 🎩
@cartographer
This is one example of a successful initial liquidity pool from a founding team. This Uni v3 LP position was the 1st weth/degen pool created 25 days ago by the same wallet that created the $degen token contract. It pooled 2 $weth ($4.6K) & 5.5B $degen and has since lost $5.5M to IL thanks to the $degen token's growth.
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Cartographer 🎩 pfp
Cartographer 🎩
@cartographer
The initial deposit of 2 $weth has turned into 71. 
And the initial deposit of 5.5B $degen has turned into 154M. The founding team rightfully lost millions to IL so that the community’s token price could grow exponentially. The initial 5.5B of $degen pooled represented ~15% of the total supply of 36.96B.
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Miss Polygon 🎩 pfp
Miss Polygon 🎩
@0xsachi
200 $DEGEN
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eatenbyplants 🎩
@eatenbyplants.eth
500 $degen
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Kyle 🍖🦄🐹
@kylrich
690 $degen
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grunt.eth
@grunt.eth
Making that pool without telling us and letting it get sniped by farmers on Base tho…
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BrixBountyFarm 🎩 pfp
BrixBountyFarm 🎩
@brixbounty
Agreed, and hopefully with LP rewards the folks supplying the pool will be okay as price of $degen continues to appreciate. 1140 $Degen.
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Taye 🎩
@casedup
5B whoooa
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Tejjinxy 🎩
@tejjinxy
111 $DEGEN
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jimbo.base.eth 🎩
@jimbocity
Thanks for the analysis. Very enlightening. 300 $DEGEN
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Bruno🎩 pfp
Bruno🎩
@missbruno
300 $DEGEN
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Bruno🎩 pfp
Bruno🎩
@missbruno
300 $DEGEN
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Uniqueobject 🎩
@uniqueobject
500000 $DEGEN
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Bruno🎩 pfp
Bruno🎩
@missbruno
650 $degen
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