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https://warpcast.com/~/channel/borodutch
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borodutch
@farcasteradmin.eth
the ca for PRE-PHIL is 0xe09f4fd3b9692af8ba58b8e1c20d87cd749ffafb remember: 1. all eth from liquidity will be pulled to buy @phil's clanker on launch automagically 2. @phil's clanker will be proportionally distributed among the PRE-PHIL precoin holders (cc @deodad seems like $ pre_phil doesn't work because of _)
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@mikesylphdapps
How does this work? Is there a sniper bot set up that's going to use this contract and we're hoping it wins the sniper bot race at launch?
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borodutch
@farcasteradmin.eth
there's no need to win the race, you just need to be among the first ones
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@mikesylphdapps
A matter of a few blocks could vastly change the amount of the token that gets bought though. This feels like a hack on an easily fixable system. I know clanker doesn't support this right now, but a token contract can be pretty easily coded to allocate an amount of tokens to a list of addresses.
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borodutch
@farcasteradmin.eth
> vastly yeah, right, show me the math
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@mikesylphdapps
x * y = k Bot A gets in first and their buy doubles the price. Bot B gets in next with the same size and gets half as many tokens as A.
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borodutch
@farcasteradmin.eth
nonono, show me the real math with real numbers, not the "doubles the price" :) you'll quickly see that the difference is negligible
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@mikesylphdapps
My understanding is x * y = k and the consequence of that is if you get in after the price has doubled you get half as much as you would if you'd been in before that. If you've crunched the numbers already and are seeing that the difference is negligible, can you share your math?
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borodutch
@farcasteradmin.eth
do not trust me. do the math.
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