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https://warpcast.com/~/channel/borodutch
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borodutch
@farcasteradmin.eth
i will be taking questions about precoin.fun, $w, $pre_fill in the comments to this cast, feel free to ask anything
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Tokenized Human
@tokenizedhuman
Why only 10%? Why say it'll be airdropped when it's actually a claim drop?
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borodutch
@farcasteradmin.eth
i don't think i ever said airdrop? only distribution if you owned 10% of $pre_fill, you would get 10% of whatever $w precoin buys for the liquidity (which was ~7.5B $w total)
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Tokenized Human
@tokenizedhuman
Where was the 10% mentioned? This is from the precoin app: Each precoin has its own liquidity pool and trades freely. If the person later launches a token on Clanker, the ETH in the precoin pool is used to buy it onchain, and the purchased tokens are airdropped to precoin holders.
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borodutch
@farcasteradmin.eth
it's not 10:1 allocation, it is the amount that was purchased by precoin (it's all visible on blockchain) "the purchased tokens" is the part, but i agree we should've made sure that people understood it wasn't 1:1 to clankers
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Tokenized Human
@tokenizedhuman
A lot of people feel like they've been scammed especially as the token was sniped quickly upon launch, the precoin buy in price was higher than the actual token price, and the wording on expectations wasn't clear. Any chance your team has intention to remedy the bad feeling from some of your project participants?
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