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eggman 🔵
@eggman.eth
gm all, given some recent rug-related events, I'm here to give my take on a long-pondered question; How should devs/founders sell tokens in their own project? Firstly; if you've not got 6+ figs in LP (MINIMUM), it shouldn't be via market sells. Even then, it STILL shouldn't be via market sells imo. Here are two (legitimate & chart-saving) ways to exit positions; 1) v3 liquidity pairs; place your stake into a v3 liquidity pair that converts into ETH as the price increases. Works like setting a limit order, and helps buy slippage to boot. Important not to over-allocate here as it can anchor the price (buys stop moving the chart), or having too much in there can act as a liquidity rug. 2) Bonds. Similar to the above, but usually managed. QuickSwap & ApeBond are two providers - they essentially offer your tokens OTC at a minor discount and have them vest over time, preventing arbitrage rektage. If you MUST market sell; limit price movements to a maximum of 0.5% impact per day (during positive action).
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Maretus
@maretus.eth
Some great /lessons here, especially the info about QuickSwap and ApeBond. The meme is also hilarious and sad at the same time.
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eggman 🔵
@eggman.eth
Bonds are great both for OTC and for growing liquidity pairs in general. For LP, you can essentially allocate an amount of tokens to be sold below the market price (with vesting terms), with all purchases going directly into liquidity. Would highly recommend them to founders looking to grow their LP (rather than taking from it with sells) 500 $degen
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Muhammad HP
@0xmuhammad
1 $FOMO 👶👶
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Muhammad HP
@0xmuhammad
1 $FOMO 👦👧
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