kompreni 🚂
@kompreni
UPDATE: It's been 48 hours of non-stop grind. Migration contracts for our token relaunch have been created, deployed, and are currently being tested. Once testing completes, we will set up a basic interface for depositing $TIPN and $LAUNCHER. Our first token, $REFI has close to no liquidity so we will be setting up a separate process for $REFI holders. Further instructions soon!
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Disciple
@disciple
have you considered this? Basically everyone not locked in will be rugged from my understand of your migration process. Not good https://farcaster.xyz/disciple/0x4fe59627
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kompreni 🚂
@kompreni
gm. two thoughts: 1) this is the price of permissionless, we don't own the LP. the alternative is that we're stuck forever, give up, and the token bleeds. this is called "soft rugging" 2) for $tipn specifically, we are trading at the floor price against eth, so no holder will lose any more money (relative to eth):
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Disciple
@disciple
don't think point 2 makes sense. Anyone not sending their coins into the vault (for whatever reason), will end up with even less liquidity than current because you will take all tokens in the vault at cut off date and sell them all. So anyone still holding the tipn original token will see their value go to almost 0 while getting no allocation to the new token Anyways, don't really care, just wanted to point out the obvious
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