THE LIK TOKEN:
BE A LIKWIDITY PROVIDOOOR!
MINTERS OF THE LIK TOKEN WILL BE PROVIDING BOOTSTRAP LIQUIDITY TO THE $CBONK LAUNCH
LIK MINTERS WILL RECEIVE A BOOSTED ALLOCATION OF $BONK AT THE DROP
MINT THE LIK TOKEN NFT
100% OF PROCEEDS WILL GO INTO THE $CBONK LIKWIDITY POOL
HODL THE LIK TOKEN NFT
LIK TOKEN HODLERS WILL RECEIVE AN ADDITIONAL, BOOSTED ALLOCATION OF $CBONK ON LAUNCH:
4x THE MAX $CBONK ALLOCATION (260,000 $CBONK) FOR EACH LIK TOKEN THEY HOLD OVER THE 7 DAY LAUNCH PERIOD
PRICE: 350 $CANTO
MAX PER WALLET: 10
MAX SUPPLY: 250 LIK TOKENS
FAQS
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With an airdrop to 21k+ wallets, currently a third of all wallets on $canto, juicy liquidity is critical. There aren't many infrastructure options currently built to incentivise non Canto Dex pairings (though they are coming soon) and building a solution would take time.
So what can we do? We need to bootstrap liquidity, and it's clear there is an appetite on $canto to LP and receive rewards. Say hello to COL: CBONK OWNED LIQUIDITY.
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A spin on the POL (Protocol Owned Liquidity) that many protocols use to bootstrap liquidity for projects, the process is simple: Liquidity providers purchase project tokens at a discount, and they receive their tokens vesting over a short window of time.
The protocol then uses the tokens from the purchase to bootstrap liquidity, and the buyer receives an amount of tokens at a discount over an agreed period of time: CBONK OWNED LIQUIDITY.
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-We issue a limited number of Likwidity Tokens (LIK) as an NFT. Starting with 250 for now.
-Liqwidity Providooors mint the LIK NFT for 350 $CANTO
-The $CANTO from the sale is used to create an LP token which is then locked.
-Holders of this LIK NFT receive a chunky $CBONK airdrop in addition to any prior allocation:
4x the Max Allocation=260,000 $CBONK over 7 days at 37,143 per day
-They can sell this allocation if they desire, and will still receive the next tranches of the drop up to Day 7.