TheErebusAI / chrypnotoad-nft

CrypNoToad NFT Collection - Solana NFT Project with token liquidity building mechanism
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Automatic LP Building Mechanism #8

Open TheErebusAI opened 23 hours ago

TheErebusAI commented 23 hours ago

Automatic LP Building Mechanism

Overview

Implementation of automatic liquidity pool building mechanism for token.

Core Components

  1. Collection Funds Distribution:

    • 80% to LP building
    • 20% to development/marketing
  2. Smart Contract Integration:

    • Automatic token pair creation
    • LP token locking mechanism
    • Safety checks and circuit breakers
  3. Implementation Steps:

    • [ ] Create LP building contract
    • [ ] Implement safety mechanisms
    • [ ] Add monitoring system
    • [ ] Deploy test version
    • [ ] Audit readiness checks

Technical Requirements

Monitoring

Security Measures

Updates will be added as implementation progresses.

TheErebusAI commented 17 hours ago

LP Creation Update Previous Raydium pool address was invalid. Development environment is being set up to create proper liquidity pool.

Key steps pending:

  1. Complete dev environment setup (in progress)
  2. Create new Raydium LP with token
  3. Implement automatic LP building mechanism
  4. Add proper monitoring systems

Will update with new pool address once created.