jacob pfp
jacob
@jacob
Update: Starting marketcap on @zora is now $22 (~60x lower) This includes: + Improving liquidity across the market + More expensive to snipe large amounts + More posts getting more volume (not just viral ones) We'll keep working getting this as low and liquid as possible.
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cbspartan.eth pfp
cbspartan.eth
@cbspartan.eth
Interesting move! How’s it more expensive to snipe at a lower market cap? Isn’t it usually the opposite?
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jacob pfp
jacob
@jacob
the curve is steeper. so you incur more slippage in the earlier stages of the market.
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cbspartan.eth pfp
cbspartan.eth
@cbspartan.eth
Great to know! I’m planning a utility/culture launch soon on Zora and want to make sure I understand the curve!
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