m00npapi ???? bro pfp
m00npapi ???? bro
@anonpapi.eth
First off congrats to Leo I think it’s awesome that creators can get paid this way What I don’t love seeing is the liquidity on these erc20z those wicks look like a lot of people got murdered and slipped for something crazy like +/- 50% in seconds If you are going to provide a market you kinda sorta either have to bootstrap liq better or commit to making the market (and collect on the spread) You can shrug it off as markets are PvP but look at charts of erc20z (zors mints that got deployed) versus any normal erc20 Any time there is action someone is getting clobbered and the spreads are typically >>20-30% which is not right
2 replies
0 recast
3 reactions

grant 🌈 🎩 🐸 pfp
grant 🌈 🎩 🐸
@grunt.eth
iirc something like 25% of the initial buys are put into the LP when the launch graduates to a token? but that gets eaten up quickly if the initial sale was low volume compared to the secondary market
0 reply
0 recast
0 reaction