@dwr on Farcaster: "PSA -- We're doing our first C..."

1mo

PSA -- We're doing our first Clanker Presale this week. - Starts Thursday at 9:30am Pacific - The presale will last for 7 days; anyone who participates in the presale gets the same terms. - 24 hours after the presale is over, the clanker will be live for trading. - We will be highlighting the project and team across a few channels. - Expect us to iterate on how presales work

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Everyone is gonna think I secretly work at Merkle now bro you really had to post this 6 minutes after my cast? 😂

ICOs are back and Farcaster has a unique opportunity to seize the meta. Pumpfun and Monad were closed loops that offered “sufficient democratization.” Massive for VCs. Mid at best for the rest. Tomorrow that may change when Jupiter launches their first ICO on DTF. Whitelist for $JUP stakers at a slight discount

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Clanker supports presales https://clanker.gitbook.io/clanker-documentation/references/core-contracts/v4/extensions/clankerpresaleethtocreator

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It’s still not really what I casted about fwiw but the timing was pretty hilarious. Without some value accrual to users via something like staking, $CLANKER is just a meme coin with buybacks. I’m assuming that’s being thought thru in forthcoming iterations though.

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Not sure I understand how staking increases value accrual? It reduces outstanding floating supply (but it still exists).

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Staking alone doesn’t, agreed. Staking for access does. If $CLANKER stakers get priority on high-value presales, that’s direct utility. Same mechanic Jupiter is using with $JUP.

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bitfloorsghost.eth

I’m an idiot does this mean for the coin clanker or a project launching via clanker

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A new coin launching on Clanker

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yes excited for this! was hoping presales would be the first thing to be vertically integrated

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massive for appcoins.

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What are they bro?

wish to be IN

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ashwinikumar.eth

Is this going to be via CB or something else?

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is this like $FARCASTERCOIN?

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This is a cool experiment. Selfishly hoping for a high utility project since that’s what I like to trade.

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Exciting

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Presale SZN 😎

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So spotlight becomes a presale?

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wait! is it opening for 7day long, so everyone can buy?

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Interesting

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Very cool. A few questions: - is there a pre sale allowlist on this one eg do we have to use warplet addresses? - if the raise hits the max is there still a 24hr wait time? Docs indicate otherwise ie no time required - 7 day mandatory lockup after launch but is there any vesting after that? - What is the project name & who is involve? - What percentage of the tokens are they keeping Standardize a Clanker Token Termsheet 🙏 image below of revnet token termsheet Godspeed on the launch & last question I promise, who is ‘the clanker team’ that gets 5% of the raised ETH. Idea for future iterations: Project tokens would be a more aligned form of payment than the raised eth. Would be nice to know the shillers are in it with the investors, market makers, traders & presumable the project team. Maybe escrow the fees w a rage quit to access it via some exit tax. Godspeed. Looking forward to this.

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hey! - this upcoming presale isn't allowlisted - the creator has 24 hours to deploy the presale after successful raise, otherwise anyone can trigger the deploy. If it hasn't been deployed within 3 days after, the presale will fail and funds can be reclaimed I can't answer who is launching until they publicly announce but we also dropped the presale fee to 0%

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Nice ty

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