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will airdropped $degen be locked in some way? how could the design prevent immediate sell offs that could kill all memecoin price momentum (needed for growth)? cc @jacek
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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
A big part of the token is going to the liquidity pool, and we'll lock LP tokens so there's no rug pull risk. We've got more airdrops planned and I'm working on adding value to the token. Beyond that, the market will set the token's value.
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@b0ggs
Interesting. Are you just going to create one sided LP? My initial understanding was that an airdrop recipient would need to instantiate the LP position.
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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
I'll put in some ETH so that it won't be one-sided. I'm not sure about the amount yet, but it'll be whatever I can afford.
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@streetphoto
You could Party DAO it, too
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@b0ggs
Definitely not saying you have to! I actually like the idea of the token only having LP if users want to add it.
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