Token Growth Model
This segment of our vision comes in the form of $LFG accurately delivering value increase and yield to stakers derived from the growth of our ecosystem products.
Let's explain.
The Current Industry Problem
To understand the importance of this concept, it's key to look at how current token launches are done in mainstream DeFi.
Raise VC Capital
Launch protocol, heavily market, and run airdrop campaign to attract TVL.
Launch token once protocol TVL is at hundreds of millions or billions, depending on protocol notoriety, with a significant percentage of supply vested and held by VCs and airdrop participants.
This token launch model, on average, causes almost no gains for the majority of the crypto market, apart from airdrop campaign participants and VCs.
This is a huge reason the LFGROW team love memecoins in the first place, as they once again allow for these incredible gains, as they are launched at a $7,000 market cap (on pump fun).
Our Solution
These are the key aspects of our solution:
$LFG launched with 0 TVL in any product.
All profit from our products (our premiere product being the Memecoin Yield Platform) is then either re-invested into the product itself or is added to the LFGROW Treasury.
The primary liquidity pool of $LFG is kept small, when in excess, SOL and $LFG are removed from the liquidity pool and added to the LFGROW treasury. A smaller liquidity pool means buys and sells have more impact on the token price of $LFG.
Treasury capital is deployed to assist in raising $LFG's price when positive price action occurs, and stabilize $LFG's price when negative price action occurs. Hence, as our products grow more and more, the LFGROW treasury will become larger and larger, allowing the overall price action of $LFG to improve and increase over time.
In combination with our focus on accruing value from short term speculators, and awarding this value to $LFG stakers, we have created what we believe is the most advantageous model for DeFi token stakers in existence.
Last updated