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Cryptonya-Red

Continuation The first buy transaction of 2022 will be rewarded with

the newly minted coin. If two or more transactions belong to the same block, the one buying the highest amount of tokens will win the reward. If two or more transactions have exactly the same amount, there will be multiple winners and the reward will be split. Likely the reward will be more a symbolic prize, 1 YEAR won't worth much at that time, but I might be wrong, things could go crazy on New Year's Eve.

Tokenomics

ASA: 507941026


Total Supply: 2050 YEARs.

Circulating Supply: 2021 YEARs.

Initial Liquidity Pool: 2000 YEARs. (HO4JK5HYZFCQNQFVEWNSTCEYBWIBOHNADSAMUS5KJUII7EV7M2DW5USP6A)

Creator Wallet: 21 YEARs. ( about 1% of supply - 3TEFMLMN2CLLO66F7VQQZFFEAGWOTPI6ZFQLPOPKVLIATSSVTRKGGE5XDM)

Presale Wallet: 1250 YEARs. (UBGU3FWBYMVPY3BVT5G6YG7HIWE4KVUYVFNZ7OUVWL6UICYETOS5EW42C4)

How has AMM Presale been applied in practice for the New Year Coin?

I've added 2000 YEAR to the initial liquidity. I have targeted a presale price PP of 0.875 ALGO so I have bought 1250 tokens with the Presale Wallet. I've set the coefficient variation CV to about 15% of the PP, resulting a presale price range PR of [0.75, 1] ALGO.

I've set two rules that the investors should follow:

Rule 1. If the price of 1 YEAR exceeds 1 ALGO you should STOP BUYING and wait for the Presale Wallet to sell and decrease the price. If the price goes below 0.75 ALGO you should not sell and wait for the Presale Wallet to buy and increase the price. Please post on Telegram if the price is outside the range 0.75 - 1 ALGO.

Rule 2. No account is allowed to hold more than 100 YEARs during presale.

Freeze and Clawback functions are enabled during presale to make sure everyone follows Rule #2.

At the moment I am writing thi,s the Presale Wallet has already sold 150 tokens. There was no need for it to buy so far.

The presale is still open. Buy some tokens if you want to have some fun at the end of the year. You don't have to hurry, take your time. Really.

If you are interested to find out more, join the newly created community on r/NewYearCoin or in our Telegram chat.

If you just want to share your opinion on this, you have questions or concerns do not hesitate to comment below.

Thank you for reading this far.

#algo #cryptocurrency #english
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hostodi-

tl;dr

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29.12.2021

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