sohightosky (@sohightosky) 's Twitter Profile
sohightosky

@sohightosky

EVM dev moving onto Base Chain.

ID: 1457860316709023747

calendar_today08-11-2021 23:59:41

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sohightosky (@sohightosky) 's Twitter Profile Photo

The mining supply is calculated by taking 10 miners x mining for 10 cycles each x 1000 mined tokens per cycle = 10 x 10 x 1000 = 100,000 tokens

sohightosky (@sohightosky) 's Twitter Profile Photo

The LP is another 100,000 tokens and marketing should be a max 5% of the total or 10,000 tokens. That gives us a total supply of 210,000 tokens

sohightosky (@sohightosky) 's Twitter Profile Photo

A readable contract should have rounded percentage allocations so lets decide on 48% mining (100,800), 48% LP (100,800), 4% marketing (8,400).

sohightosky (@sohightosky) 's Twitter Profile Photo

For memetheme (being a poc project) I really want to minimize my capital outlays but I cannot see how to get away with less than $500 LP. Basic constant product AMM math suggest an initial price of approx $0.005 / token.

sohightosky (@sohightosky) 's Twitter Profile Photo

Estimating a maximum buy pressure of 10 x 500 = 5000 tokens and applying constant product AMM suggest the price could jump to approx $0.0055. I approximate by ignoring UniswapV2 fees for now.

sohightosky (@sohightosky) 's Twitter Profile Photo

Each miner NFT can mine a maximum of 10,000 tokens (cost of NFT is 500 tokens) which gives you an ROI of 1,900%. This of course can fluctuate wildly depending on the virality (or not) of the pump and dump crowd but if you consider the utility it should be an easy choice.

sohightosky (@sohightosky) 's Twitter Profile Photo

It is very hard to test a UniswapV2 integration on Base Sepolia as they do not have a V2Router deployed. I didn't even try to find a liquidity locker but I am pretty sure that wouldn't exist either. Luckily the gas costs on Base Mainnet is low enough to use as a testbed.

sohightosky (@sohightosky) 's Twitter Profile Photo

I earned 11,000 $BLAST in Blast's Phase 1 airdrop. Join the mission to UNBANK THE BANKED and earn Native Yield + BLAST in Phase 2!

sohightosky (@sohightosky) 's Twitter Profile Photo

Just launched on Base Chain: a mineable memecoin with a twist! $MR100 use live Ethereum mainnet transactions to guide miners through the Blockscape. mr100app $Mr100 48% of the total supply is mineable, and the community's ultimate quest? Discover the true identity of Mr100.

sohightosky (@sohightosky) 's Twitter Profile Photo

This is what a chart looks like when you don't have KOL's posting about it. Lot's of bot activity right as liquidity is added and then a slow bleed down. BUT it does not plunge like a rug, because it is not a rug and it is easy to see why. 96% is either lp locked or sitting in

This is what a chart looks like when you don't have KOL's posting about it. Lot's of bot activity right as liquidity is added and then a slow bleed down. BUT it does not plunge like a rug, because it is not a rug and it is easy to see why. 96% is either lp locked or sitting in
wackwag (@wackwag_base) 's Twitter Profile Photo

Mining WWG can be lucrative, especially with early and consistent mining. This simulation shows three users with different mining styles.