Noah Bragg 🔥 on Warpcast

WOBS pfp

@clanker how does liquidity for your tokens work on deployment?

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but where is the initial liquidity provided from?

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Linxs 🎩🔵 pfp

I was wondering the same thing… how are there mysteriously buy’s on my just launched shitcoin, $MAYO, and then who and how is there selling. And where are the tokens distributed to? Because I certainly didn’t receive any. Sounds like @proxystudio.eth is front running us through @clanker… All jabs aside, @proxystudio.eth, can you help answer?

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Noah Bragg 🔥 pfp

Noah Bragg 🔥

Clanker uses one sided liquidity in uniswap v3. So when the pool is created, there is no ETH, just 100% supply of the newly created token. So no real dollars are put in to start. But how it has a $30k marketcap is that the one sided liquidity is priced so that to buy the tokens you have to buy them at the set price. For example, say there is 1 million tokens. Each token would be set at $0.03 to start so the market cap is $30k. You could almost think of it in terms of NFTs where the mint price of each NFT has a starting price and then trading goes from there.

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@baseddesigner.eth

How is each token set to $0.03?

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YES2Crypto 🎩 🟪🟡 pfp

YES2Crypto 🎩 🟪🟡

@yes2crypto.eth

nice explanation - 2000 $DEGEN

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Papajams pfp

been looking for this unlock 100 $degen 10 $hunt 10 $00 🍖 x 100 10 $nogs 10 $build 5 $fomo 5 🎭 100 $WILD @tipothehat 🎩

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Great explanation!

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Timmy🎩🐹⬆🕵️‍♂️

@timmykwesi.eth

Thanks for this explanation. I've been wondering.

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Linxs 🎩🔵 pfp

That’s a great summary, thanks @nbragg

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Future pfp

Helpful post 2500 $degen

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