Thread by @0xQuit

$quit is LIVE.

There is a total supply of 0, all of which is mine. Sorry about that.

But while we're here, I made you something 👇

1/🧵

2/ Deploying shitcoins is repetitive, and gas intensive. We can do better.

Inspired by the below tweet, I thought...why not make deploying shitcoins *even easier?*

https://twitter.com/iamwhitelights/status/1654606270614126594

3/ So I did.

Enter: MemecoinFactory. Deploy your own coin in under 15 seconds.

- Costs less gas
- Sends percentage (configurable) to the deployer
- Creates and seeds LP (unless _teamPercentage is 100)
- Locks LP for configurable period of time

All in one atomic transaction.

4/ Each name can only be used once, so I "burned' $quit. No tokens exist, but nobody else can deploy my namesake. At least, not from this contract.

5/ All you need to deploy is:

- ETH (if creating an LP)
- a token name
- a token symbol
- total supply
- team percentage (100 if no LP)
- how long to lock liquidity for

Contracts created through the factory are ownerless, as is the factory itself.

6/ A great group of people helped me out in designing this, testing it on Goerli, and even providing the ETH on both networks. In turn, they will be the first to launch a token using the Factory (hopefully).

I won't own any of the token, but I'm excited to watch it pilot test.

7/ The address, for those interested, is here: 0x3e9491cb1337b9f5322af7f5a5e431383b282076

Any ether provided during creation will get added to the LP.

*If you provide ether and take 100% of the team supply, no LP will be created and your ether will be lost.

8/ Shitcoining just got even easier. That could be good or bad, so apologies in advance if it's the latter.