Jason Goldberg
@betashop.eth
"way cooler"
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Degury.degen.eth
@ddongguri
chef Can I discuss the graduation tokens-related matters via dm?
2 replies
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Jason Goldberg
@betashop.eth
All details are here https://glory-bellflower-ba8.notion.site/Graduated-Moxie-Tokens-1a51feaac806807fbe89cb269e020a03?pvs=74 It's designed for growth
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Degury.degen.eth
@ddongguri
I’ve read it multiple times, but I still don’t understand. I’m unsure if it’s correct that after transitioning to V4, 30,000 additional tokens were minted, and as a result, the original token value has decreased. Is that the case?
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Jason Goldberg
@betashop.eth
additional tokens have to be minted in order to enable new people to buy from the uniswap pool! it's a finite supply, so they become increasingly scarce, which causes the price to go 🚀🚀🚀 as the available supply dwindles the price growth on the uniswap pool is dramatically greater than on the bonding curve, since the supply is fixed
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Degury.degen.eth
@ddongguri
I can understand that part. So, in the end, it means that half of the TVL of the fan token is used for liquidity for the new Creator Token. The reason being that the TVL of 22M remains the same, but the total increase in fan tokens is 37,000 (existing) + 35,000 (V4). If I had the ability to make decisions about this liquidity, it would be fine, but if it's enforced or I can’t withdraw it, wouldn't that be a problem?
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