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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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21486853 No.21486853 [Reply] [Original]

"In the WP I detailed how 35% of the supply would go into the initial liquidity pool and the other 35% would be sold to the pool throughout Genesis.

After some consideration, 35% during that timeline would have too much impact on the market price of FLOW tokens. As a result, that is being changed to 10% over the course of Genesis.

The remaining 25% have been moved to a formal time-locked contract for 60 days.

Additionally, in order to completely eliminate and FUD or technical possibility of a 'rug pool', the vast majority of other non-circulating supply has been formally locked. Here are the full details.

25% out of the original 35% that was planned to go into uniswap is now locked here:
https://etherscan.io/address/0x2ced5bb2e0734d6f41dc91fa5f63060117e9ee0a

66% of total liquidity incentives are locked here:
https://etherscan.io/address/0x2ced5bb2e0734d6f41dc91fa5f63060117e9ee0a

80% of marketing/growth pool locked here:
https://etherscan.io/address/0xf797dbf406787fb6b31f4a906da05fb8e336e7fa

100% of my tokens are locked here:
https://etherscan.io/address/0x8bfa5a0a0658e2aea7d6486de405de31950e80fc

In total 4,935,139 FLOW are now time-locked for 60 days in addition to the 100% locked liquidity pool which is locked for 6 months.

After the 60 days, the amounts needed for marketing, liquidity incentives and everything else will be re-evaluated and locked again accordingly"

BULLISH

>> No.21486887

Yeah, saw this last night. Jumped in right after. Happy I did, I’m a believer

>> No.21486979

The dude locked everything lol

>> No.21487021

Straight up this is fucking insane, this dev really cares about trust a lot

>> No.21487023
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21487023

Amazing community and memes, amazing potential, safe and incredibly bullish.

Moon is only the beginning.

>> No.21487027
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21487027

>>21486853
Liq mining/yield farming coming soon
Comfy

>> No.21487032

based morpheus

>> No.21487108

I’ve never seen a dev be more open it’s crazy

>> No.21487136
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21487136

I'm so proud to be a part of this community this early. Flow us to the moon!

>> No.21487294

Just lol at that whitepaper. Most low effort moneygrab I've seen. Uniswap craze is ICO craze 2.0

>> No.21487654
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21487654

There's still time to get in. We only got listed on coingecko earlier today. Things are moving fast.

>> No.21487709

ngl I swapped my sta for this to double it and swap back but this is looking mighty promising, might stick around for a quick 4-5x. The market cap on this is still ridiculously low.

>> No.21487841

>>21487294
It’s a simple, effective, protocol for easier integrations in defi. Not everything has to be a retardedly convoluted virtual vegetable that doesn’t function

>> No.21487843

how does the 1% you get every day work? do i have to do anything?

>> No.21487846

>>21487709
4-5x is a fud. FLOW is prophesied to go to $100 EOY

>> No.21487887

>>21487709
I did the same, but with buidl... but now I wanna ride this out and see where it goes, pleasantly surprised by the dev and community

>> No.21488081
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21488081

>>21487846
Based dev Morpheus

>> No.21488105

>>21487843
no need to do anything. just hodl.

I suggest you buy now anon, there still 57 days left i think

>> No.21488107

this hasn’t even been shilled on twitter much less here yet ... siri play rocket man by Elton John