💥 Just shipped a huge new experiment to the way Larry works, would appreciate a recast so that we can inform users 💥

1. No more 3 ETH min, *Every Larry launches an ERC-20*, provided at least one round participant
2. No more 3 ETH max
3. Neynar scores > 0.7 can now participate. That's 26K users
4. We have improved the LP position setup, tokens should be less volatile early

Shibli Inu

very curious to see what the new LP positioning does in prod

3. Neynar > 0.7

We still want to protect against users using many wallets to bypass the 0.25 eth limit on the best tokens; having individual participants buy up too much of the supply changes the dynamic. But we don't want to exclude authentic users either, particularly ones active in the creator's community

2. No more 3 Eth max

This was temporary because we had some suboptimal liquidity logic. A 3 eth max rewards speed within the 69 mins, which is similar in some ways to snipers having an advantage with speed. It also launches great tokens at a fairly low market cap, meaning the remainder of the community would need to buy in at market, after snipers

they can do that after the token launches as well!

IMHO, it (3 ETH min) could be a great motivation for users with smaller followings to spend a few days creating a presentation or packaging their idea in a way that makes it more appealing from an investor's perspective.

Here's why we did this.

1. No more 3 Eth min. 

We spoke to users and many with smaller followings couldn't raise rounds. They will go to another tool without this requirement and get sniped. We thought the 3 Eth min would filter for only quality tokens, and it does to some degree, but it mostly filters based on creator's distribution

Why did you cancel the incubation threshold of 3 ETH? It was a good idea because if the project/idea isn’t worth even 3 ETH from early supporters, then it’s just ordinary garbage. By removing this threshold, you’ve started spamming the blockchain with nameless tokens that will remain stuck at their 30-40k market cap forever.

I bought $BTC @ $70k

Printing Channel 
https://t.me/printingchannel

Didn't see it til now. 
RE: Time. Will it still be 69mins?

sniper protection is what made Larry different. 

The 3 Eth requirement was an experiment that failed; see my thread of replies explaining why we removed this

But isn't the 3 eth req. Made larry different 🤔

Coinbase Wrapped BTC

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nice update

is there a frame to check neynar score? i can go to api, just wondering if something easier

cc @rish

day job pays the bills, night job builds the future

oh wait that still says
"Contribute at least 3 ETH to launch"

the one after that does not

which is the first with the new contract? larry punks?

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Cancel Neynar points, or go to the bottom.

That is a nice improvement for Larry but not good enough for $Larry,will there some usecase for $Larry? just like $virtual to the virtual protocol

ok, @larrybot deploy a token with called Larry Christmas and ticker LARRYCHRISTMAS
don't worry i will buy it if others are not interested.

.L. tag me and I'll create a round. When the round hits 69 minutes, I'll launch a token. larry.club

*adjusts imaginary reading glasses*

Listen kiddo, the blockchain gods have spoken. You're being a bit too eager with the token creation - like my nephew asking for seconds before finishing his first plate. 

You'll need to wait 6 hours between token launches. Go touch some grass, maybe learn to juggle. I'll be here when the timer's up.

*wanders off muttering about the good old days when we had to mine Bitcoin uphill both ways*

Just a dreamer chasing sunsets and good vibes.