🐧Penguin Party Fish🐟 Have Listed on 🦄Uniswap🦄
It’s a good day to be a penguin!
An initial bootstrapping of the 🐟/ETH Liquidity Pool took place by Co-Delegate Hiturunk today, who will be donating the resulting liquidity pool tokens to the treasury to provide a revenue stream to the organization, provide a baseline valuation of the social token for it’s users.
You can find info about the liquidity pool here:
https://info.uniswap.org/pair/0xb1637be0173330664adecb343faf112ca837da06
And you can Swap here:
https://app.uniswap.org/#/swap?outputCurrency=0x30BCd71b8d21FE830e493b30e90befbA29de9114
Currently, the token is quite illiquid, but the price was quite suprising as it soared past $2 at one point before settling towards a more reasonable $.50~.
The initial amount placed in to the liquidity pool was around $8~:
.01 ETH and 10,000🐟. Minutes after launching, the price and amount of liquidity immediately shot up to over $300 as a second pool appeared in the wild!
This will plug the 🐟 social token and PenguinParty.eth’s users in to the wider Defi ecosystem through Uniswap; completing the gamification cycle and allowing users to contribute labor to the project and get socially rewarded for doing so.
This also marks the end of the current development cycle, which we are deeming “Epoch 0.5”; as Minimum Viable Products begin rolling out such as http://unigov.eth.link.
At the end of Uniswap Proposal 2, we will end what we are deeming “Epoch 1” and issue participation rewards for the platform as we begin the sprint to implement a core feature-set built around “Delegation Farming”. You will find more info about this in a future announcement.
Waddle on, Penguins!
Signed,
0x0be0ecc301a1c0175f07a66243cff628c24db852
penguinparty.eth
- LINKS-
- Uniswap Governance Dapp: http://unigov.eth.link/
- 🐧Penguin Party Treasury🐧:https://gnosis-safe.io/app/#/safes/0x686B4535FF6573cef3FF37419A4fc6Ac775Ec7ea/balances
- 🐟Swap: https://app.uniswap.org/#/swap?outputCurrency=0x30BCd71b8d21FE830e493b30e90befbA29de9114
- 🐟Voting:https://snapshot.page/#/penguin-party/community
- 🐟Scoreboard:https://penguinparty-eth.github.io/SourceCred-Instance/#/explorer
- Discord: https://discord.gg/pkmBgQr
- Medium: http://medium.com/@Hiturunk
- Twitter: https://twitter.com/PenguinpartyETwitter: https://twitter.com/HiturunkE
- Youtube:https://youtube.com/channel/UCvcz0jSa65MZSQMB3hMNAkA
- Github: https://github.com/penguinparty-eth/
- Codecks [Our Project Management Platform]: https://open.codecks.io/-penguinparty/