Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Topics - fatcatcoin

Pages: [1]

DeFi tokens / FATCAT a Defi x Reflection play

« on: March 24, 2023, 05:44:37 PM »

Hi,

I'm Catoshi, dreamed up FATCAT.army

I created something very special that not many have picked up on yet, I mixed Defi with Reflections.

what's the big deal?
well reflection tokens have always failed because like ponzi schemes when they run out of new money coming in they tend to collapse down to zero as everyone sells their rewards.

what I have changed, some of the reflections go to hodlers, but some also go to a Treasury that invests in Defi yield positions on DEXs, these produce perpetual rewards from DEX trading volume.
FATCAT treasury uses these every growing perpetual rewards to buy FATCAT on one DEX and sell FATCAT on another DEX, that creates a price difference which attracts arbitrage traders to make more volume to close the price difference.

I geared it towards making as much volume as possible and making it so even if no one trades the FATCAT treasury will still force volume.

why does volume matter?
well reflection coins run on volume the more volume they have the more people want to buy them to get those reflections, making sure volume can never bottom out means there will always be willing buyers to buy FATCAT, and in a bull run scenario the treasury will 10x causing the volume floor to 10x also!

due to the supply dynamics of the LP and burn wallet also getting a bit of reflections over time the supply shrinks while while hodlers bags grow and the LPs grow and volume mechanics grow.
IMO I designed it to appreciate in value, its essentially coded in the tokenomics:
(less supply)x(forced demand)= price go moon

At heart I am a crypto hodler and I designed what in my view would be the perfect hodling token, it was designed to never sell out fully just go selling the perpetual reflections.

I invite you to come on this tokenomics adventure with me, I made it as rug safe as possible.
-renounced contract
-team coins locked between 2024-2030 and on the yearly releases we will harvest reflections and lock them back up again.
-LPs are burnt, the burn address owns them so only they could rug.

I hope you enjoy this Defi twist on a memecoin

Random Crypto Giveaway / Airdrop / Tomorrow FATCAT is having a quiz style giveaway, 400$ in FATCAT!

« on: March 23, 2023, 11:44:59 PM »

FATCAT is having a quiz style giveaway tomorrow 14:00 GMT in our telegram.
400$ price will be divided by 5 winners of 5 questions about FatCat, each right question is 80$ paid in the moment.

basically just do the stuff in this tweet: https://twitter.com/fatcat_coin/status/1638474287815462912?s=20

Then learn everything you can about FATCAT and try and answer any of the 5 questions correctly the quickest.

good luck to everyone!

On Youtube / New crypto youtuber thinks the bear market is over

« on: January 05, 2023, 02:22:02 PM »

lets hope he is right

Binance Chain BSC tokens - BEP20 / FATCAT a reflection token that actually works!

« on: January 01, 2023, 09:55:50 PM »

With the right catitude, anything is pawsible 😼
FATCAT Token

ticker: FATCAT
network: BSC
contract: 0x55493E35e33Fcf811571707Ac5Bf1DbcB658bAfc
ownership: renounced
supply: 1,000,000,000,000 (1 trillion tokens)
transaction tax: 1.9% buy/sell
slippage: 2%
decimals: 9
liquidity pools: Burnt (will continue to burn when it accumulates)
website: http://fatcat.army/
white paper: http://fatcat.army/white-paper-fatcat/
twitter: https://twitter.com/fatcat_coin
telegram: https://t.me/fatcatcoinchat

The Problem with reflection tokens:
The first problem reflection tokens have all have the same inherent problem in that they all collapse when new money in dries up just like most Ponzi schemes.
usually this is how it goes:

- new user inflow slows down
- causes volume to drop
- because volume drops less reflections are made and thus becomes less exciting to buy hence causes volume to drop even more

at this point the reflection token is in a price freefall and interest diminishes until it does out.

The second issue reflection tokens face is the high taxes that stop trade on DEXs as soon as they add pairs on CEXs, look at BabyDoge as an example, no hate on them, but out of the $2.2 million in volume today only $62,000 was done on DEXs, so they only collected reflections tax on $62,000 worth of trade! (THATS NOTHING! especially when you work out that 1/2 the tax is just $3100 divided by baby doges 1.6 million hodlers!)

we believe there is a better way

Our Solution:
our novel idea is to make part of the reflections go to funding a treasury, said treasury will invest in relatively safe DeFi yields, the ROI from this investment will be used by the treasury to wash trade FatCat on 2 DEXs.

why 2 DEXs you ask?
well im glad you asked, the treasury will buy on DEX A and sell on DEX B, this will cause a price difference, now this being crypto and there being loads of arbitrage bots out there these bots will create more volume trading the price back to having no difference, so for the ROI the treasury makes we get 2x bang for our buck in wash trading.

why do we want wash trading? well this being a reflection token the more trade there is the more reflections are created and the more tokens are reflected back to the treasury and also Hodlers aka users.

this system will ensure a ever rising volume floor that fatcat can always fall back on.

also another fun fact is we burnt 15% of the supply and that gets reflections just like the rest of our users do, so the treasury will always keep rising and the supply will keep shrinking hence the value per token mathematically should keep rising.
I believe I have come up with the ultimate hodl token.

I hope you understand the vision and I hope you will join me on this journey.
please read the white paper for a more in-depth description of all mechanics (its not too long)