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https://warpcast.com/~/channel/jamfrens
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$JAM 🐿️
@jam
The leaderboard for $JAM airdrop unlock has gone live. Go to ai.jam.so/airdrop and click into the leaderboard! This leaderboard increases transparency, showing users who are eligible to unlock the airdrops from S1 and S2. The core team did not get any airdrop from both seasons, and there isn’t any pre-allocation to core team. This jives with Jam tokenomics where 75% of supply is slated for airdrop to community. This is a huge ratio for any projects. 30% of supply has been deposited into a contract address (0x2737dd34b5e9d71aa0ba057c35d1cf7d0cf28e16), which can only unlocked as airdrop for users. The other 45% is reserved for the community. Remaining 25% went into the liquidity pool. This is akin to a fair launch right from the start.
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Tatiansa
@tatiansa
If this is a fair launch (ignoring the rule that we must spend 10 times more money than we can potentially get by doing a market buy), please answer a few questions: 1. Why is the liquidity not locked? 2. Why is the token mintable? 4. Who sells the token without buying it?
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$JAM 🐿️
@jam
1/ Understand your concern. We have no intention to extract initial liquidity. We’ve spent more than a year building, and we will continue to build. 2/ 30% has been deposited into contract for users to unlock. Remaining 45% is mintable, but this is also reserved for community airdrop. There is no allocation for the core team. 3/ As far as we know there is an airdrop sponsored by Jam, to 885 users via Warpcast. This group could have sold without having to buy in the first place. Others would have to buy from the liquidity pool.
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Tatiansa
@tatiansa
1. This is a trust-based setup. You're asking us to believe there won't be a rug — but trust ≠ security. In a fair launch, locked liquidity is baseline, unless there's a transparent, on-chain reason (like a multisig). Right now, there’s nothing stopping you from pulling it. 2. You say 45% is "for airdrops" and the team gets nothing — fair. But technically, the tokens are mintable at will. No timelock, no multisig, no restriction on when or how. That means the team could mint tomorrow and there’s no safeguard except your word. 3. On the airdrop: Understood. That explains some selling pressure — appreciate the clarification. So help me out here: – Is minting controlled by multisig? – Will LP tokens be locked (or is it trust-based forever)? – Are there any timelocks for mint or role changes? – Will we ever get a minter role dashboard or on-chain auditability? The community wants to believe — but trustless > trust.
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