Thread by @tomkowalczyk

👀I noticed that a lot of #FUD in #blockchain #community comes from a lack of #knowledge so here I am to help everyone interested in #technology and #money, not #FUD, accusations and fear.
👇

1. Knowing the #smartcontract address of the token before listing means almost nothing, it's just another contract on the #blockchain without any functionality,

I can make thousands of those every day #shitcoin 😅

2. To make such #smartcontract tradeable it has to be added to decentralized exchange - #DEX which is implementation of #AMM #algorithm, most of dexes are working based on pairs... so we need to have #pair to be tradeable on DEX 🥰

3. To make a pair on @Uniswap or @terraswap_io you have to firstly create this pair and after that you will have another #contract address which is pair address used for example on @coinhall_org

⚡️ @astroport_fi waiting for you 👍

4. But even #knowledge about pair contract address is not enough because this pair has to be #liquid,

someone has to add liquidity to this created pair, so at this moment you know token and pair contract address and still can not do anything 😅

5. Ignorants thinks that these two addresses give people some super power... 🤡

but the most important thing is when liquidity is added and after that investors are able to trade 💵

6. Of course each step
👉creating token,
👉creating pair,
👉adding liquidity

are very interesting for #bots and of course people who are private or public investors may also have #knowledge how to run bots and sometimes such people are cought in liquidity trap 🤣