fatcatcoin (OP)
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November 27, 2022, 01:47:59 AM Last edit: January 16, 2023, 08:08:17 PM by fatcatcoin |
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With the right catitude, anything is pawsible 😼 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 $3.5 million in volume today only $36 was done on DEXs, so they only collected reflections tax on $36 worth of trade! (THATS NOTHING! especially when you work out that 10% tax is just $3.6 divided by baby doges 1.6 million hodlers!) 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 5% 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)
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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November 27, 2022, 02:06:54 AM |
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any questions?
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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November 27, 2022, 01:16:03 PM |
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todays fatcat report : (image links to twitter image, if you don't want to click this just see our twitter for todays report tweet.) the green highlighted areas are what is being reflected to users, with normal trade the first green box is reflected to users, but with the treasury volume mechanism an extra +26% is reflected to users. if no one trades that 152 million fatcats would still be reflected to users, thats the beauty of this system we have created. As long as the treasury still gets ROI users get reflections, it takes the need for new users joining out of your usual reflection ponzi scheme. I hope people fully understand the power of what I have created here and the direction this is going to fly, please read the whitepaper it is not that long quite a easy read
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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November 29, 2022, 01:10:52 PM |
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yesterdays fatcat report: and todays fatact report: we are purrrring along as planned, slowly building a community that believes in the system we have built, the treasury mechanism is doing fantastic results. personally I think I have single handedly created the best Hodl token ever... please read the FatCat white paper to understand why I believe that
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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Jayjones
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November 29, 2022, 02:57:46 PM |
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Looks like Meow coin, but pos
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fatcatcoin (OP)
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November 29, 2022, 05:34:15 PM |
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Looks like Meow coin, but pos
I think the similarity kind of ends in that we are both cat meme crypto projects... we dressed up FatCat as a meme coin but I think its important to note that we have designed possibly the best Hodl tokenomics in possibly all of crypto, once people understand the mechanics we have built this thing is going to Rocket to the Moon IMO. what do i know though im just a cat, Live long and pawsper 🐾
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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November 30, 2022, 03:40:02 PM |
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Todays Fatcat Report, you can find these on our twitter and telegram as well just incase you distrust this link: things are purring along as expected, our treasury volume generating mechanism is working purrrfectly.
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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December 01, 2022, 04:07:23 PM |
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todays fatcat report: we are still purring along, the system works perfectly, we believe over time hodling fatcat should be a slam dunk, the treasury can only keep growing while token supply shrinks and volume is guaranteed to also grow because of our treasury volume mechanics. if your on the side lines waiting to get in just dip your toe in a little and see how our system just works.
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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December 02, 2022, 07:30:17 PM |
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Todays FatCat report, We are MOVING! we did a 23x more volume than the day before, people are starting to get what we built and want to join us on our mission im excited about where we are headed. report: again you can see this image on my twitter please look at the first post of that
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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December 04, 2022, 06:08:11 PM |
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todays FatCat Report you can also fin this in on twitter. we are purring along and its nice to see your fatcat community start to grow
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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December 13, 2022, 02:15:26 PM |
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we are still pumping out FatCat reports every day, see our twitter for the ones i missed posting here. will start doing it again here sorry for the slip up
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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December 13, 2022, 09:13:47 PM |
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here is todays FatCat report: (you can find it on our twitter if that link scares you) things are still purring along, please let me know if you have nay questions about how fatcat works...
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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December 14, 2022, 11:24:32 PM |
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today's FatCat report: things are still running as expected, I feel like im the only meme coin making reports does anyone know when these images will show i keep adding them but I think im not allowed to have images yet...
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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December 15, 2022, 08:48:38 PM |
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Today's Fatcat Report today volumes dropped a little, but this is good because it shows us what fatcat is all about as volumes drop you see the effect the treasury volume mechanics has, today for example treasury volume made an extra 10.42% more volume and as such 10.42% more reflections. see this is the key difference with fatcat compared to other reflection models when fatcat drops in volume the treasuries ever rising volume floor keeps the value from dropping through the floor which keeps it ticking over and investors can buy knowing reflection rewards will not sink.
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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December 17, 2022, 01:40:39 PM |
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Yesterdays FatCat report! we stay consistent no matter what
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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December 19, 2022, 11:46:03 AM |
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yesterdays FatCat report: we are growing steadily and slowly, all still good
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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January 01, 2023, 08:47:43 PM |
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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TimeTeller
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January 01, 2023, 08:52:07 PM |
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Renouncing the contract won't assure that the project will be successful in the coming days. As you have seen, new meme projects have short lifespan in the trading market. What do you think will set this project apart from other meme projects? Sustainability is hard to achieve these days, even non-meme platforms are striving in this current market. I don't know how long can you publish your financial updates, but do you have private investors on this project?
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fatcatcoin (OP)
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January 01, 2023, 09:14:05 PM |
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Renouncing the contract won't assure that the project will be successful in the coming days. As you have seen, new meme projects have short lifespan in the trading market. What do you think will set this project apart from other meme projects? Sustainability is hard to achieve these days, even non-meme platforms are striving in this current market. I don't know how long can you publish your financial updates, but do you have private investors on this project? renouncing the contract is just a small step in our journey just like burning the LPs was, the main working idea behind FatCat is what makes it sustainable our idea separates "new money in" from being a driving force in a reflection tokens economy. you should look at the whitepaper: http://fatcat.army/white-paper-fatcat/ for a full explanation of our system, but the basics of it is we divert some reflections to a treasury that invests in DeFi, generating passive returns from outside the project, these returns are used to wash trade FATCAT generating more volume and with that more reflections. - the treasury is always growing. - the wash trading volume is always growing - the reflections/volume floor is always growing - supply is decreasing the above forces have one mathematical outcome, to but it bluntly: price go up the only investment was by me the DEV/founder at the beginning i seeded the treasury with 5000$ and the LP pools with another 5000$ that was sent to the burn address.
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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fatcatcoin (OP)
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January 05, 2023, 01:08:01 PM |
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volume is picking up, im excited for the future of fatcat! I feel like fatcat will be discovered soon
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I’m Catoshi Meowkamoto, and I made a better meme coin FATCAT (https://fatcat.army/) join us
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