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eggman 🔵
@eggman.eth
gm all, given some recent rug-related events, I'm here to give my take on a long-pondered question; How should devs/founders sell tokens in their own project? Firstly; if you've not got 6+ figs in LP (MINIMUM), it shouldn't be via market sells. Even then, it STILL shouldn't be via market sells imo. Here are two (legitimate & chart-saving) ways to exit positions; 1) v3 liquidity pairs; place your stake into a v3 liquidity pair that converts into ETH as the price increases. Works like setting a limit order, and helps buy slippage to boot. Important not to over-allocate here as it can anchor the price (buys stop moving the chart), or having too much in there can act as a liquidity rug. 2) Bonds. Similar to the above, but usually managed. QuickSwap & ApeBond are two providers - they essentially offer your tokens OTC at a minor discount and have them vest over time, preventing arbitrage rektage. If you MUST market sell; limit price movements to a maximum of 0.5% impact per day (during positive action).
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ciefa 🐌 eth/acc
@ciefa.eth
This. And if you need help figuring this shit out, reach out to me. Eggman and me will help (for compensation tho). Take this shit seriously, y'all have seen what else can happen :C
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eggman 🔵
@eggman.eth
Honestly the biggest thing from all this is in people recognizing that by playing honest and decent they can make MORE money than maliciously dumping. It's such a short-sighted act tbh 500 $degen
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