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@df
💥 Just shipped a huge new experiment to the way Larry works, would appreciate a recast so that we can inform users 💥 1. No more 3 ETH min, *Every Larry launches an ERC-20*, provided at least one round participant 2. No more 3 ETH max 3. Neynar scores > 0.7 can now participate. That's 26K users 4. We have improved the LP position setup, tokens should be less volatile early
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@df
Here's why we did this. 1. No more 3 Eth min. We spoke to users and many with smaller followings couldn't raise rounds. They will go to another tool without this requirement and get sniped. We thought the 3 Eth min would filter for only quality tokens, and it does to some degree, but it mostly filters based on creator's distribution
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@df
2. No more 3 Eth max This was temporary because we had some suboptimal liquidity logic. A 3 eth max rewards speed within the 69 mins, which is similar in some ways to snipers having an advantage with speed. It also launches great tokens at a fairly low market cap, meaning the remainder of the community would need to buy in at market, after snipers
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@lib12
That's cool, why not let the creator set the limit themselves? This way they would be free to raise the support they want, if they don't reach it, they can still get the refund.
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