Track #DAO Squad Unite. ♻️
We've come up with a Formula for taking the #Web3 Space by Storm, here's why it all starts with an LBP on @FjordFoundry.🧵
Some token sales have struggled with certain buyers gaming the sale with the use of bots, this has resulted in poor levels of distribution & an unhappy community.🤕
2/x
#FjordFoundry Has a built-in mechanism that solves this & has helped many other young #Startups w/ young Ideas like ourself raise funds for a happier community. 😎 3/x
Let’s go back to the basics..
Liquidity Bootstrapping Pools or LBPs are pools that change token weighting dynamically. 📊
4/x
Weighting on an LBP pool 𝗰𝗮𝗻 start with 99/1 & move to new weighting over a selected time by the pool owner, this makes them ideal for token launches.😉
5/x
Once the #LBP period has come to an end or the ratio has been reached, the pool will be converted into a traditional liquidity pool. ♻️
Making it also super safe for investors, especially when..
6/x
Keep in mind, it’s common that #LBPs have fewer investors at initial launch, however as the Price Dynamically changes, Buyers are increasingly Inclined to step in & buy the token. 💰
8/x
The $TRACK Team is aware, if initially the price is too low, upon launch the #Token would be bought up quickly, similarly if the final price is too high, there would be little demand.
We’re on your side! 🧙♂️
9/x
Also, we just dropped our first Forum on there & you don’t need to Join to check it out!
Let us know which #NFTprojects we should have our eye on. 🧹👀↓
11/11🗼 gm.xyz/c/TrackDAO/33d…
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