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Pot the Bera π»βοΈ
@PotTheBera
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Chief Pot Officer @honeypotfinance π―π»βοΈ
Joined January 2024
RT @honeypotfinance: There's a buzz in the air for π
±οΈonday. Our biggest announcement to date is coming π€©π» Beteora on Bera. Pot launches arβ¦
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RT @honeypotfinance: In the final stages of deploying Pot2Pump on Berachain mainnet Smoke tests underway with Pot Ambassador group beforeβ¦
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@babbysfirstNFT @naibother_ I read this so you don't have to kek
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Pot2Pump is ripping up the bonding curve model For Beras that don't read, voila π»
Bonding Curve Token Launch Models are Dead The greatest PvP game of capital extraction this cycle has to change. β 99% of tokens left in pre-DEX graveyard to rot β user liquidity is drained β early bot buying activity dumps on late buyers Why does this continue? Fees. Pumpdotfun earned a staggering $500 million in fees in it's first year of operation. Of course they want to continue the free ride. Hats off to them. They changed the token launch game with a ground-breaking mechanism. They've been substantially paid for it. For everyone else, it's an arms race to fork, earn, capture mind-share and create an equally lucrative token graveyard that put fees & wealth into the hands of a few from the hard earned hands of the many. What's the alternative(s)? Try another Pumpdotfun fork on another chain? Same shit different shovel. Pumpdotfun described by @WorldOfMercek as "Liquidity Theft on an industrial scale" But token launches are a way to give real decentralized ownership to people in Web3 & we must deomcratize this process. Daos fun have done a good job of innovating. β
launch process vetting - verified creators only β
Early round participants get in at same price β
initial liquidity for trading & transparent β
redeem your SOL if fundraising not met in 1 week Sounds better, right? The Party Round is whitelisted - all about who you know. But there are positive strides here & still room for improvements. Pot2Pump - Product Market Fit? The team at Honeypot have redefined token raise models on Berachain - ripping up the bonding curve industrial liquidity theft model. Borrowing concepts from innovations like Daos dot fun, we have gone a step further and introduced a several mechanisms to tidy up the token launch game and introduce fairness to early participants β
All early participants get in at same price β
$20k raise threshold to graduate to Dex β
5% deployer fee (in form of LP) β
Refund in 24 hours - if raise threshold not met β
100% liquidity - all funds raised go to DEX pool β
40% LP technical burn (locked in InterPoL) β
All early participants become LP owners β
Earn trading fees & stake on Metora-inspired DEX β
trading with concentrated liquidity, dynamic fees and advances automated liquidity management (ALM) to increase potential revenues Pot2Pump is trying to reverse the wealth distribution, taking away from platform-heavy fee extractive models and returning the benefits to those that deserve it - the users, deployers, you and I in the trenches. There is a paradigm shift and we are pioneering change with our Pot2Pump model - it's time to retire the bonding curve liquidity theft and introduce real change to reward users. Pot2Pump is launching natively on Berachain. Want to know more about the tech? Check out the link below for our docs and head over to the Honeypot Finance community to be enlightened Pots in control π»
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RT @naibother_: Bonding Curve Token Launch Models are Dead The greatest PvP game of capital extraction this cycle has to change. β 99% ofβ¦
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