When launching a token on a DEX, there are several interesting ways to approach liquidity.
We decided to create the liquidity pool ourselves. Here's why 🤩
🔘 By providing significant liquidity from the start, we reduced slippage. Because of this, it's much harder to move the price with a single trade.
🔘 Investors who receive $8LNDS through Proof of Loan (PoL) should be able to trade immediately. They shouldn't have to wait weeks for someone else to create a pool. That's a key requirement for real utility.
🔘 The team invested its own capital and accepted the same market risks as investors. So, we're in the same boat as you.
🔘 A real market price can only exist with real liquidity. Without a liquidity pool, $8LNDS would remain an abstract unit of account, which would undermine the purpose of PoL and the entire rewards system.
Uniswap, Aave, Curve, and Maple all provided initial liquidity for their native tokens. This is a foundational standard for a viable Web3 project.
🤩 $8LNDS contract on Base: 0x55f9c8992fc4abce5aca585bf8f18284a2379d4c
🤩 Pool on Uniswap: 0x241De8C5B58830B8046830b05031786795d5Cba8
All transactions are transparent. Check them on basescan.org.