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
๐
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 ๐ฅฐ
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 ๐
5. Ignorants thinks that these two addresses give people some super power... ๐คก
but the most important thing is when liquidity is added and after that investors are able to trade ๐ต
6. Of course each step
๐creating token,
๐creating pair,
๐adding 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 ๐คฃ
@tomkowalczyk
Tomek, to wszystko prawda. Pytanie tylko skฤ d ten twitt Do, bo to mnie martwi gdyลผ rzutuje nie tylko na terraland ale teลผ poลrednio na StarTerra. Do raczej zna siฤ na
#technology
?
@tomkowalczyk
Ok, but doesn't knowing a token address give someone a head start to initiate a transaction once liqudity is added? In that moment every second can count if you want to buy as close as possible to the initial price?
@WarcholWojciech
For bot operator it does not matter, he is tracking all the txns on the mempool or events generated by
#smartcontracts
so it is not the matter of seconds but miliseconds ๐
@tomkowalczyk
polaฤ mu. good fud is not bad. you can buy cheap.
przydaลo by sie duลผoooo fudโu na STT
Tomek napisz ลผe
@PanParagraf
uciekล do Lisbony z kasฤ