Launch
Fair launch, no Pre-sale, no Airdrop
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Fair launch, no Pre-sale, no Airdrop
Last updated
Was this helpful?
Launch date : Saturday July 3d @ 3pm UTC (5pm CEST)
Farming starts :
There will be no pre-sale
There will be no airdrop
Dev will mine 200 000 CTYS for liquidity pools and upcoming Telegram/Twitter contests
Emission Rate : 50 CTYS / block
Lot of bots nowdays are snipping token at the launch, causing a hard pump of the price and then dumping the price on investors.
Our Dev analyzed how these bots work and found out a way to prevent them from snipping the token.
When adding initial liquidity through pancake, Smart contract will create Token Pair first and then add the liquidity to the LP Token.
When the first action ("Pair Creation") is executed, an event is sent across the blockchain informing all the bots listening that a new pair has been created.
Once bots detects the "PairCreated" event, they buy before anybody and wait for the price to pump to dump it on investors.
Dev created the Pairs programmatically after contract deployment, so the "PairCreated" event is already sent, and bots came accross the token and found no liquidity the buy.
No, this process is made for PAIR CREATION snipping bots ONLY
If other devs are creating their own bots specifically for CTYS, they will be able to buy. We can't prevent them from buying, but this needs lot of effort in order to buy one token where you can just buy it through pancakeswap.
