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@proxystudio.eth
EXPERIMENT: mint "degen dollars" with degen tips, swap degen dollars for USDC on Degen Chain THIS IS AN EXPERIMENT, goal is to bootstrap USDC holdings on DL3. have fun :) using @mintclub I created a token, "Test_Degen_Dollar" supply is 1m, 2,000 minted to creator, 10% buy/sell fees. This token can be minted using tips (see cast reply for instructions) I then took the creator share and initialized a TEST_DD <> USDC 1% pool on @proxyswap with a wide range The /mintclub bonding curve trading fees (or my 8% after mintclub's cut) will be used to build up liquidity in the TEST_DD <> USDC pool. TEST_DD uses a log curve from 120 to 240. the wdegen from tips that buy the token will back those assets, or you can immediately swap from TEST_DD to USDC TEST_DD CA: 0x358aE58b423c729253302dd90A3f3dF2023aa2a7 search "test_dd" on degen.mint.club to test it out, verify contract address please!
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sebayaki.eth
@if
pretty cool experiment! let me try: 5000 degen to TEST_DD
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sebayaki.eth pfp
sebayaki.eth
@if
Oh I forgot tagging. @mcdegen 5000 degen to TEST_DD
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@proxystudio.eth
👀 would fun to chat mint club x proxyswap about taking the concept further, together. lots to consider, but theres something to combining tipping, bonding curve mint/burn + fees, and a Univ3 pool as onchain oracle either way, today was my first "tip to token" experience and you guys did a great job!
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