atareh ✳️ pfp
atareh ✳️

@atareh

Liquidity depth matters in a token - and its necessary to have depth here so that the price swings (especially down) are not super volatile Take clanker ($2.9M liquidity / $29M MCAP) and $FEY (750K liquidity / 3.5M Mcap) On the surface, it appears that Clanker has 4x the liquidity than FEY, but closer observation reveals the truth: Clanker has 207 pooled WETH in their LP (~$616K), while FEY has 130 WETH (~$381K) This reveals the contrast: even though Clanker is almost 9x the marketcap of FEY, its liquidity in ETH is only 1.6x the amount This isn't a failure on Clanker's part - this is actually the result of FEY's Token Generation Ceremony (TGC) - where all funds from the presale entered the LP programmatically, one of the shining features of how token launches work with TGCs Deep liquidity, which whales and traders look for when entering a trade one of many benefits of launching your token with a TGC And soon, you can launch your token on Fey, Clanker, Zora and Virtuals with a TGC ✳️
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