TESTS ARE GREAT
Happy to announce that the first tests are going very well! The price isn't drastically changing from buying or selling nearly the entire liquidity pool. And all of this works at a $1 million market cap with only $50 in liquidity!
There are some new outcomes though: the GMGN interface (and probably all other DEXs too) auto security/rug check is showing every possible alert.
In fact, imagine some big companies like Amazon finally diving into crypto by using our technology. They have to work with legal authorities — and be able to freeze/unfreeze wallets in cases of hacks or stolen funds. So that level of control is actually a good thing and doesn’t cause any harm if managed by a trusted issuer.
Same goes for burning and minting — the minting authority should exist only to let the mechanism work, automatically preventing both pumps and dumps.
We guess the next step will be to contact some DEXs and introduce new verification standards for tokens like that. When listing on exchanges like Binance, they’ll likely bring in a new system and use a terminal gateway to collect their own fees while also letting the company earn its share.
There isn't much point in testing it yourself, but feel free if you're curious — try buy/sell instantly. Max transaction is probably around $30.
https://gmgn.ai/sol/token/6L7SQAghiBPvvx3doSCXGedWKBngz7twmT49EeKNyq3R
