alex
@proxystudio.eth
we are gonna see a lot of cabaltech type products autofollow list presale - only big accounts get to buy first, can dump whenever
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STV Gš©
@0xstvg
This is why @juicebox is so important. Launch a meme with backing that is locked. The meme can never go below a certain price and your eth is always there to redeem.
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alex
@proxystudio.eth
juicebox is cool but this really only works before an open, liquid market exists no risk, no reward
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matthewb.eth
@matthewb
nah, you can leave x% in the project always accessible to token holders and launch an LP alongside. not mutually exclusive. a few reasons this model isnāt popular: - open sale, no way to bundle/snipe - less profitable for the person launching the coin, requires leaving part of the raise for redemptions - you need to trust the project creator to launch the LP, no one has built a contract-managed JB that auto-deploys a pool (yet)
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alex
@proxystudio.eth
i think juicebox is best for larger projects that are a bit more coordinated and purposefully decentralized locking lp doesn't require a raise and bundling and sniping can still happen with juicebox or party model, just happens at time of LP getting added, and is more expensive trust is powerful, even if we should also build systems that are trustless and yes you can always leave aside ETH from a raise as a backstop
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matthewb.eth
@matthewb
yeah, I still think thereās an interesting product to be built which is a JB project owned by a contract that auto-deploys an LP if a certain threshold is met and keeps a % of ETH available for redemptions as a āfloorā. no trust assumptions, programmatic start-to-finish. there will be a V4 hackathon at some point soon ish, could be fun for any devs interested
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