1/5
@Bytemasons LBP Launch link below.

We are almost ready for action, and swapping will be enabled today at 10AM PST/6PM UTC and end at the same time on 3/1/2022.

What’s a LBP? beets.fi/#/lge/0x2dbd75…
2/5
A Liquidity Bootstrapping Pool, is a price discovery mechanism created by Balancer Labs on $ETH and enabled by Beethoven-X here on $FTM. It's designed to rebalance the liquidity pool over time from a very high ratio of the native token (85% $OATH) to a normal one (50% $OATH).
3/
re-weighting will cause price decay over time, as pictured in the curve below. Any purchases made during the length of the event will increase the price floor and flatten the curve. At the end of the LBP, we will have achieved a pretty accurate token price. Next stop, market
4/
We hope to make history with how safe and effective our launch is, minimizing volatility and ensuring investors at every stage of the process are rewarded adequately. Expect a writeup once we're less busy detailing all our decision making processes and analyzing results.
5/
Lastly thank you to the $FTM community and every one that has supported @ByteMasons $ @Reaper_Farm. We have such an amazing community and we’re to grow it together. #crabnation

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Kevin Barker | Byte Masons (🦀,🪣)

Kevin Barker | Byte Masons (🦀,🪣) Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(