$hackathon

today i decided to add all the $hackathon that was sitting on the rewards wallet into a one sided LP

there are two big upsides of this:

1. we help the unfolding and health of the token by providing liquidity 

2. we reduce the sell pressure of the winner of the hackathon, who probably would cash it out into eth right after receiving it, anyway

this mechanism allows us for the $hackathon to be transformed into WETH organically, as the token gets traded on the open market

wdyt?

Sablier | Token Distribution

father, meditator and programmer. working on creating an online hackathon, here: /weeklyhackathon. host of /thespaceship

working on infra to displace adtech at /microsub • dance music lover + host of /campfire 🎧

amazing. i didnt know about sablier

@prberg how do you think this could apply? im running a hackathon with the fees of a clanker called $hackathon and it is weekly and so far the prize for this week is around 8k (and growing, until thursday, when the winner will be chosen and sablier could become handy)

good move. could also put winnings into /sablier to make instant dumping of tokens impossible 🫡

Growing veggies for the fine folks of Southeastern Massachusetts, w/ a focus on nutrient quality. Always interested in the evolution of digital payments.  🎩 

send this to your dev normie friends and tell them to dc me to onboard them looool

Founder & Secretary of @kokonutnetwork & /coconuts 🌱🌴🥥

https://link.kokonut.network/socials

what other design elements would you add to how this works?

and how does this make participants have skin in the game?

Good one; skin in the game by design for the weekly winners.