/biz/ - Business & Finance

Wow wtf was that frens?
We're breaking out from all time highs.
50 eth per root soon. Reminder that anons were warned when ROOT was still around $500

>This project kills the pajeet rugpuller.
Rootkit are the creators of the ERC-31337 protocol, which uses unique technology to hack the Uniswap AMM system.

There are solutions to the rug pull scams that are being executed in the market. One of these solutions is being pioneered by the startup Rootkit. They achieve this impossibility of rug pulls by virtue of their ERC-31337 protocol which manipulates AMM mechanics by rewrapping ETH to create an unbacked price floor & personalized vault

$Root is the first ERC-31337 token that Rootkit has launched for their DEX and overall ecosystem, it carries a transactional tax which is used to pay for Rookit’s development team and vaults used to sustain the development of token launches on the platform. To reiterate, every project launched on there will be rugpull proof due to the fact that any liquidity which is under their price floor is unbacked.

https://coinmarketcap.com/headlines/news/is-it-possible-to-create-a-dex-free-from-rug-pulls/

Increases its price through active use of its own Ethereum liquidity. It is a fixed-supply token, and its trading liquidity can never be removed. This creates a minimum price the token can ever be that is very easy to calculate.

10K ROOT
>Theres absolutely no way to create new ROOT tokens. This means the circulating supply can only ever go down