social token

spotlight

*announcement*

After distributing 100% of @socialtoken supply for free on the Farcaster feed over the last week, @spotlight has acquired 4.3% of $SOCIAL supply and will continue to accumulate.

3454 unique users claimed a total of 5397 times directly on the Farcaster feed in one of the truly fairest launches of all time (dare I say).

As a reminder, this token will *never* have utility. Our only mission is distribution.

Next step: liquidity

Hey, why did it become $0.375 when I put $25 in?

Memecoin. Building the $OCIAL frame /socialtoken

Why are you liquidity pooling if you don't understand how liquidity pooling works?

That ratiogang.com guy. EVMavericks #123.

I didn't think it was a system where the money I put in disappeared in an instant.

You agreed to buy and sell either side and collect fees. So looks like you ended up buying social and selling USD. This is called "Impermanent loss" and it's an important concept to understand if you're going to do an LP.