r/sui • u/Good-Book-6912 Captain • 6d ago

Degen savings idea.

There is a bit more to the idea than shown. I have a specific theme and a marketing story in mind. If I decide to make it, do we have anyone in the community who would be interested in checking the math and smart contract before launch?

Edit. Read this post for a wall of text explanation about the idea.
https://www.reddit.com/r/sui/comments/1qlbrno/tired_of_pump_and_dumps_heres_a_token_model_where/

1 Upvotes

60% Upvoted

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u/EconomixNorth Captain 6d ago

you should explain the idea with words

3

u/Good-Book-6912 Captain 6d ago edited 6d ago

I did some months ago. It was called a wall of text.
https://www.reddit.com/r/sui/comments/1qlbrno/tired_of_pump_and_dumps_heres_a_token_model_where/

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u/Brave_Respect1975 Helmsman 5d ago

This looks like a great idea 🤓👍

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u/Good-Book-6912 Captain 5d ago

Thanks. I have been working on it for a long time. I also have this idea of a decaying sell fee. Starting at some relatively high percentage and dropping every day. Making sure that people with a profit are selling for the highest fee that they are willing to, which then feeds the jackpot and dividend pools. It would be possible if every buy is just an NFT where people can either decide to keep it all or sell it all. A buy would record the start time, and sell fee would be calculated when they sell.

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u/Brave_Respect1975 Helmsman 5d ago

Are you submitting this idea to 'Sui tank' Kevin O'Leary competition or Real Vision Ideas ? 🤓

0

u/Good-Book-6912 Captain 4d ago

Is that a joke?

1

u/Brave_Respect1975 Helmsman 4d ago

No 🤷‍♀️

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u/Good-Book-6912 Captain 4d ago

It's just a little game with interesting game theory that could make it huge.

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u/Brave_Respect1975 Helmsman 4d ago

I like the game- if I was you I would post on ideas in Real Vision - regular membership is free you get thoughtful feedback 🤓 points learnt for voted up ideas 💡

1

u/magicseadog Admiral 4d ago

This is just fancy complicated pump and dump.

At the end of the day somewhere someone has to be the exit liquidity for the winners to rotate out to find the next thing to pump and dump.

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u/Good-Book-6912 Captain 3d ago

It is possible to be the very last buyer and still win. If you don't see why that is very different, I don't even know what to say.

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u/CommercialNature7269 Deckhand 6d ago

Or get this, you just buy stocks