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/biz/ - Business & Finance

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20858980 No.20858980 [Reply] [Original]

https://www.lid.sh/

https://twitter.com/LIDProtocol

LID is a legit project and /biz/ is failing to catch wind of it while it's still early. $4 market cap at the moment and rising.

private token sale just ended not too long ago.

>> No.20858985

https://www.coingecko.com/en/coins/liquidity-dividends-protocol

>> No.20859090

I'm in. Uniswap is becoming huge and this solves the liquidity and scan problems which were the only negatives about it. Dyor and buy the dips not the pumps!

>> No.20859158

Pumping so fucking hard now

>> No.20859202

A coin that trys to stop scams is very interesting and could be great for other projects reputation if they use it

>> No.20859263

AMA worth reading:
https://cryptoiz.net/ama-recap-lid-protocol-with-cryptoiz/

>Q1 : Can you describe to our community in detail about Liquidity Dividends Protocol ?
A : Our LID protocol offers a set of licensed technologies for developers launching new tokens on Uniswap. We provide automated Proof of Locked Liquidity where presales trustlessly deposit liquidity into Uniswap and then burn the liquidity tokens, thus locking the liquidity permanently. This is especially important for anon devs, since there’s recently been a wave of people abusing anonymity with “rug pull” scams. Our tech protects investors from these types of scams.

>Q2 : I see on LID whitepaper about Staking Dapps can you describe about this and when we can doing an staking ?
A : LID staking is under development and will be released in about 2 days. It’s a critical part of LID’s tokenomics and governance model. First, there will be a transaction fee tax on LID transactions. This transaction fee tax goes to the stakers. This fee bootstraps the system and has many exceptions. For instance, buying on Uniswap is tax free – selling is not.

Ultimately LID stakers will control the LID DAO and will decide how to spend funds earned from licensing. They can pay themselves rewards, buyback LID, or invest in marketing and technology. LID staking provides enhanced rewards to stakers who actively participate in governance, so it’s a new model of “governance farming” where more yield is earned by contributing to the community.

>Q3 : What is the milestone of LID after completing the token Sale?
A : Our next milestone is the staking dapp. After that, we’ve got several developers who are interested in being the first to test LID licensing. The biggest milestone in the near future is the launch of LID Dao, at which point full control over LID will go to stakers.

>AMA Segments 2 and 3 on the link

>> No.20859301
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20859301

Fomoed in at 5 cent and am down 25%. Should I sell?

>> No.20859314

>>20859301
I bought at 5 cents as well. Holding, I like the actual use case for this. Let the weak hands get shaken out.

>> No.20859331

>>20859301
Got in at .45, I’ll let it ride for a bit

>> No.20859341

>>20859158
i don't really see it dumping that hard
am gonna buy this dip, doesn't seem like your average uni PND

>> No.20859362

>>20859341
>>20859301
meant to reply here

>> No.20859405

>>20859301
Same can't believe I bought this piss. If I wanted to watch a counter count down to zero I'd just have bought a fucking stopwatch

>> No.20859437

This is the future of icos

>> No.20859451

>>20859301
I wouldn’t sell, let the weak hands go. This is a short term pull back before the next pump upwards.

>> No.20859609

>>20859405
hasn't even been 24 hours

>> No.20859763

This is the future of icos

>> No.20859771

Wtf why did it do that

>> No.20859785

>>20859437
>>20859763
So nice you got to say it twice

>> No.20859790

>>20859771
Why did it do what?

>> No.20859897

4M market cap? Fucking shit overvalued as fuck!

>> No.20859982

>>20859897
What would you value it at, genius?

>> No.20860105

>>20859897
Are you kidding? Xampl a useless shitcoins has an mc of 10million now.

>> No.20860424

>>20859301
Hope you didn’t panic sell hahaha

>> No.20860498

>>20859301


Just hodl fren.

>> No.20860612

Well that was fun. Can we go in the opposite direction now?

>> No.20861541

>>20859301
Have you retards no patience?!

>> No.20861666

Price holding strong. Good time to buy?

>> No.20861718

>>20861666
It's gonna go the next leg up soon. Bull flag forming

>> No.20861723

>>20861666
i fomoed in

>> No.20861833

ill buy a bag then