there are 25 clankers with a market cap of > $100K

out of 13,000

is that distribution really worth 60% of lifetime fees taken from the creator?

Building Larry, FOSS via @frames, @framesfun /open-frames to help decentralized social win. a16z CSX23. farcasterchannels.com farcaster.id

The creator can also put in the LP, if they believe in the token. Then they get 100% of the 1% fee. 

I mean, the 60% is "taken" only from the 1% Uni fees on the initial LP that is put by clanker, right?

Crypto enthusiast, ethics, movies and photography.

Founder of /gentlemanswagers

I mean, the "team" does not NEED to launch it with clanker, right? One can deploy a token pretty easy now (even without clanker). 

Also, if the requestor is not a huge account, the snipers are not doing the 2 ETH buys anymore. Majority of clankers I see launched have roughly 35-50k mcap (an hour after launch). That's not a bad entry, again, if you believe in a token/project. 

Buying at that price, and making an LP position should not be... hard. If it's a real project, with marketing and whatnot.

yep but the token launcher controls 100% of the supply initially, so kinda hard for the creator to put up the LP?

Opening a liqudity pool position on Uni? Sure. 

First read up on "impermanent loss". TL; DR: if you put in $10 of ETH and $10 of Degen into the pool, and price of Degen pumps more than that of ETH (Degen 20%. and ETH 10%), you would be better off if you just held your assets. But bcs of the LP position you opened, someone effectively gave you ETH and took Degen. 

Sure you wanna do this? Great, go to the uniswap site, connect with wallet, press "pool" in the upper left, then "create position". Choose ETH (on Base), choose the other token, confirm. Select how much of ETh and the other token you want to commit to that pool (1:1 is automatically chose, meaning $10 of ETH for $10 of other token). 

Select tier (1% is used for clankers). Add to it. Confirm multiple times in wallet.

wait, you were being sarcastic, right?

my sarcasm detector is off today...

can you explain to me like i’m a 5th grader how i can do this