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eggman 🔵 pfp
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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Pedro pfp
Pedro
@pedrowww
Why not use your token allocation as collateral to borrow against? If you set a low enough LTV, you demonstrate trust in your project. If you don't pay back your debt, your collateral gets transferred to your lender, without dilutive event. PWN.xyz does exactly this: - custom lending terms - fixed rates - time-based liquidationj
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eggman 🔵 pfp
eggman 🔵
@eggman.eth
I think this is doable for high TVL projects, but on low TVL projects (likely reliant on fully on-chain pricing w/o an oracle), you could flash-loan liquidate everyone with a couple of eth
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