Update on my Sovereign protocol on Gorbagana. Everything is working perfectly. 216 trades earned close to 10,000 in fees so far and my WIGBEEK AI arbed over 22,000 GORS. Deploying on Gorbagana is ridiculously cheap,and the two way bridge is coming. Bring your imagination and vibe dev some weird wacky things. Use Sovereign to raise liquidity for your token if you wish.
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The first LP position listed on the LP marketplace. Its owner decided to list at a large premium. Here are some some things to consider on this decision: Sovereign LP position are priced on its principle, scarcity, and current and future cashflows. This NFT is 5.33% of the entire pool and will continue to collect its share of the fees so with enough volumes it will actually become worth the 300,000 GOR. Now I do believe that someone will actually buy it before it reaches that because of its scarcity and future cashflows making the sovereign sell at a premium. On the process, the protocol only charges to mint the nft meaning anything after belongs to its owner. https://sovereign.wastemanagement.wtf/
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Screenshot from one of the protocols early liquidity providers. His principle is there. No rebalance, no ratio change & no impermanent loss. Sovereign.wastemanagement.wtf Pure profit.
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