phil
@phil
What is the best explanation for how Clanker works? Audience is someone who is very savvy but hasn't launched or traded a Clanker token before. Best answer gets 15k degen.
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J Finn 🎩
@jdotfinn
will give it a shot in a simplistic way: - what is different about Clanker is that it is free to launch and you monetize based on attention - create a banger and you will earn 40% of the LP Fees; that can be hundreds of $thousands for a good coin in a few weeks - Clanker itself makes the other 60% of the pie, which is earned as a 1% fee when users swap - Thus Clanker is reinvesting in everything from back-end contract enhancements to front-end UI upgrades, across the ecosystem - Clanks can be launched in a single cast with an image and $ticker; and nobody who buys them can be scammed (ie. no honeypots, etc) - Liquidity is seeded automatically, the creator focuses on growing community and mindshare 💥
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