Sounds like the perfect description of catoshi.
This is an interesting feature, but wonât it only be an effective backstop for the DLMM pool? It wonât take long for early buyers in the DLMM pool dump their tokens onto the Orca and Raydium pools that will undoubtedly pop up shortly after launch (and during the token sale period).
This happened bef0re with a certain test t0ken that was supp0sed to be w0rthless, and it will happen with many 0ther t0kens that launch 0n LFG. S0me backst0p is better than n0ne I supp0se, but f0r h0t launches, liquidity will quickly shift fr0m the DLMM t0 0ther markets.
Hello friend, Iâm intrigued by your comment about the launch time of the JUP token meme, are you relying on any foundation? Or is it your estimate?
Itâs an educated guess based 0n the fact that the test t0ken that sh0uld be w0rth zer0 was launched 0n a Wednesday at 10a ET, and that the launch 0f the 0fficial JUP t0ken will be 0n Wednesday at 10a ET. I have n0 0fficial kn0wledge, itâs just a guess.
I hope this launchpad competes with others on the market and gains prominence in Solana, helping to grow the ecosystem.
Iâm right there with you. The plan sounds great and has high potential.
Likely what will happen is that everyone will trade on Jupiter.
Users create regular LPs for WEN/USDC or WEN/SOL on Meteora, Orca, and Raydium. Jupiter routes volume to the best price, and the Meteora launch pool has a 10% base fee. Other pools operate within that 10%, and beyond 10% the Meteora DLMM pool kicks in like a backstop.
After 3 days, the Meteora pool is withdrawn and the organic liquidity that was established over the 3 days creates a thriving market.
I think this platform will have no competitors, now I canât name a team and a platform that is so sensitive to the launch
Like clockwork that is the plan today. i certainly appreciate the guidance.
Youâre referring to the liquidity from the offering, right? I would imagine that anyone could still provide liquidity to the DLMM if they so choose.
This is all very impressive, and I in particular enjoyed the aspect of the airdrop tool. Will be immensely useful for the broader ecosystem!
LUV JUP yeaaaaaaaaaaaaaaaaaaaaaaaa
@meow starts the CHAOS!
it is immensely important to solve ppl problems when launching a product and like you said most people loss when a launchpad is done, because most people buy after the launchpad. This being said, the fact that Jupiter is trying to solve this adds a lot of value to the exchange.
Our most Cultured Catoshi
I think that we have seen it still needs some work! but I love the direction yall are taking
Itâs exciting, the wait is over.
JUP lover
now platform working wonderfully wellâŚsmoothâŚmindblowingâŚ
Thank u great Jupiter Go To Moon
meow cooks tastyâŚ
keep up the good work