borodutch

hi all 👋 today, the first lp migration happened for precoin->clanker launch with @phil’s $w coin, here’s a quick retro:

we built precoin because we wanted to use a tool/have an easier way to create some type of prediction market where users can buy into a coin’s launch before it launches

we tested it out for the first time in the wild today with $w
- the migration of $pre_phil lp to $w happened before clanker replied and we were the 13th transaction, and on the 4th block, 7 seconds after token was deployed
- to dogfood the first launch i had a $45,000 stake (largest out of any farcaster users by far) in $pre_phil that became a $3.8k stake in $w and many people experienced the same and are wondering why
- first, the migration from precoin->coin was never meant to be 1:1 (this was clearly communicated); the lp in the precoin pool is used to market buy $w after it launches, and users were going to be able to claim a proportional stake in the clanker coin
👇

@farcasteradmin.eth @phil You're both an absolute joke.

Show us where you told over 250 people in the “alpha chat” that they’d receive only 10% of their presale value. You hype a “$45K stake”  but that wasn’t your investment value, and you know it.

You and @phil are now blacklisted. Anyone on Farcaster with sense will never trust a project tied to your names ever again.

What you ran wasn’t a launch - it was a fee-farming operation disguised as community building. 

You:

1. Extracted liquidity from believers
2. Gave no clear breakdowns of expected swap %'s
3. Made the entire presale participants vulnerable to snipers with a non-stealth launch

That’s not just mismanagement it's deception.

You should feel ashamed. And if you’re not, you’ve made it clear: you're not here to build, you’re here to drain the Farcaster community

Elevating onchain creators 

@nodefoundation @brightmoments 
@ampsfun

cto @ bwl.gg, 100M+ users (bdut.ch) 🙏 $eggs is life