darkin.eth ◼️
@darkin.eth
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darkin.eth ◼️
@darkin.eth
I just won $0.0021 worth of $LEAF!
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darkin.eth ◼️
@darkin.eth
Ready for some COCK and $EGGS action?
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darkin.eth ◼️
@darkin.eth
follow me i will follow back
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darkin.eth ◼️
@darkin.eth
gm
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darkin.eth ◼️
@darkin.eth
gm
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darkin.eth ◼️
@darkin.eth
how i can earn on here
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Ethereum
@ethereum
0/ Updates from the last two weeks in the Ethereum ecosystem, a guest thread by Ethereum Daily creator @ethereumdaily.eth I’m thrilled to share this thread to recap the most notable updates & announcements from Ethereum builders over the last few weeks 🧵👇
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darkin.eth ◼️
@darkin.eth
Interested? Join: https://t.me/wethdotfun
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darkin.eth ◼️
@darkin.eth
To recap: - Takes less than a minute to launch a coin - 100x less fees and no need to seed liquidity - Impossible for dev to rug; far easier to trust - Every launch is a fair launch Instead of worrying, let's make money and have fun with frens
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darkin.eth ◼️
@darkin.eth
How are these solved? 1. Pick name, ticker, JPG 2. Token begins trading on a bonding curve which replicates standard xyk 3. When mcap = $69k, all the bonding curve liquidity is used to seed a liquidity pool on @uniswap. The LP creation and LP token burn happen automatically
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darkin.eth ◼️
@darkin.eth
It's equally bad for everyone else d) Extremely easy to rug a pre-sale when people send ETH to a random wallet e) Need sophisticated tools on hand to quickly detect renouncing of mint authority, LP token burn, token distribution, etc. f) and many more
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darkin.eth ◼️
@darkin.eth
What's wrong with this? a) It costs at least a couple thousand to seed a pool with decent liquidity on launch b) Set-up fees are extortionate (1-3 ETH) c) The entire process is needlessly complicated
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darkin.eth ◼️
@darkin.eth
Currently, new launches work in 1 of 2 ways: 1) Coin is deployed, minting authority is renounced, liquidity is seeded on a DEX like @uniswap & LP token is locked/burned 2) Same process but w/ a presale: ETH is sent to random address for nothing in return (at least initially)
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