Thread by @cryptodanvans

Thought I’d give you a little low down on LBPs as #Comdex is having one on @osmosiszone

Liquid boot strapping tokens is a great way for everyone in the community to get tokens at a fair price. And not be muscled out by institutions or bigger whales🐋

Continue down 👇👇$CMDX

So the good thing with a Dutch auction is the price starts higher and declines over time

This stops whales from essentially buying bulk early cornering the market then dumping

You will see the weight of the pool adjusted over the 3 day duration aswell to meet the 50\50 weight.

So basically don’t feel you have to rush in and beat a price it will slowly decline just watch and enter where you feel comfortable or think is a fair price. Or DCA (NFA)

It’s basically like a public sale giving everyone to opportunity to buy some ☺️

While discovering price 🔥