The time has come for BabyDogeSwap to make its debut, and having TVL + liquidity is important to its success. Baby Doge is one of the most liquid MEMEs in crypto based on DEX liquidity.
Currently approximately 14.5% of LP tokens are burned therefore they will always remain on pancake swap v2
Majority of liquidity is currently in PancakeSwap: approximately X tokens.
Worth 47,756 BNB at time of this post.
79.9% or approximately 40,590 BNB will be moved to baby doge swap from this proposal.
We propose that we migrate 85% of the liquidity from PancakeSwap to BabyDogeSwap. It requires no changes on user end. Liquidity will be locked immediately after migration we will share the transaction.
Screenshots and transaction links verifying the same value has moved will be shared with the community for transparency.
Why do we want the liquidity on our swap?
Deeper liquidity on our swap gives lower slippage for our users. Increase TVL on baby doge swap Encourage community to adopt baby doge swap Offer 0% swap fee as opposed to pancakes 0.25% fee Create arbitrage opportunities from pancake <> baby doge swap Create stronger brand awareness and credibility to baby doge swap
We hope to make Baby Doge Swap a premiere swap on BSC and believe having majority of liquidity and TVL on our platform will benefit the project overall.
We hope the community agrees with this proposal.
We Prefer to go with Option 1 for simplicity but the community will decide:
Option 1. Move all liquidity at once in 1 transaction and share the transaction with community.
Option 2. Move 25% per month over 4 months. Share each transaction with community
Option 3. Leave all liquidity all on PanCakeSwap we don't need Baby Doge Swap