Weekly update on development process (Aug 29, 2022)
Coliquidity ($COLI) allows you to provide liquidity using only 1 token. We match two providers to create a joint position. Less risk, more reward for each LP 😉 Subscribe to our Telegram / Twitter to get notified about new pools.
- ⚒ Started the development of Fairpool.
- ⚒ Updated the website for Narrative Analysis.
- 🤝 Advised another project.
Fairpool is a smart contract that buys & sells its own token. It makes money on the spread between the buy & sell price. When it makes money, it distributes the profits between the current token holders.
Fairpool allows influencers to make passive income by deploying their own contracts & adding themselves as royalty recipients. The royalty is charged as part of the spread. This way, they don’t need to buy the token — just promote the contract & get the royalties.
It’s a great value proposition for the followers, too. The followers want to make money, and they can buy the influencer’s token if they think he / she will continue posting good content & getting more people to buy his token.
Essentially, Fairpool becomes a “personal token” tied to the success of a particular person (where success is measured as “count of followers”).
Next week’s focus
- ⚒ Develop Fairpool.
- 🤝 Advise current projects.
Coliquidity ($COLI) allows users to make more money by banking on uptrend & collecting LP fees at the same time. If you want to get notified about early access to our pools, please follow our Telegram & Twitter. If you want to trade the $COLI token, use Uniswap or DEXTools.
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