Should we create a coin called PUMP?

A typical meme coin chart looks like a pump and dump, then random spikes that may or may not increase above the original pump because the liquidity is much more dense.

What if there was a way to change that?

Introducing PUMP

PUMP is an attempt to show what meme factory is capable of.

PUMP 420 Billion

Step 1. Pair with 10 AVAX STEP 2. Lock for 3 Months Step 3. Pull 20% of LP. Step 4. Burn all Pump pulled out. Step 5. Use AVAX to buyback PUMP, BAWLS, and other coins on market. Step 6. Reward Diamond Hands. Step 7. Lock for 3 months. Step 8. Repeat step 3 through 7

Step 1 and 2 are part of the Vapordex Token Factory. We choose the shortest lockup because the goal is to keep pumping and breathing new life into the project.

Step 3. Pull Part of LP

This step is crucial.

The reason most coins fail to pump is because their LP has gotten much more secure. For instance BAWLS started at 1T BAWLS to AVAX, but now it’s under 15B Bawls to AVAX with 2 main pools and a combined 1000 AVAX.

Pulling 20% OF THE LP, would remove 200 AVAX and 3 Trillion Bawls.

That would leave 800 AVAX and 12 Trillion Bawls In LPs.

STEP 4. Burn all of PUMP

Now you burn all the PUMP pulled out. Given we can’t predict how much that would be, let’s use BAWLS as an example again.

Burning 3T would reduce the circulating supply from 67.42T to 64.42T, which would put the amount burnt at 7.6% of the original supply.

Step 5. Use AVAX to do Buybacks

LET’s assume there’s 5 coins we’re buying back. We’d do 50% buybacks OF PUMP, 20% BAWLS, and 10% for each of the top 3 meme factory coins by transaction volume.

That’s 40 AVAX each. That would buy back about 520B BAWLS.

At this point it would move the LPs to around 840 AVAX and 11.5T Bawls. Your percentage liquidity has barely shifted.

Coins with thinner liquidity would pump more than ones with more liquidity, potentially doubling or tripling.

This next part, we could go two different ways.

Step 6. Burn More or Send Them To People Who Never Sold

Burning would increase the pump factor but showing the love to diamond hands could also be a good choice. Diamond hands=haven’t sold.

Step 7. Lock for 3 months

Next we’d lock the LP for another 3 months then repeat it again.

Why this will work.

Price in AVAX is higher than previously 3 month cycle

If you get less coins per Avax than before the previous burn, more Avax will be in the pool. That means more buybacks, but less burns.

Price is lower

Less will be bought back but more burnt. This should help raise the pool over time too.

Most importantly, the community will know when these changes occur and be able to manipulate the price to get more buybacks or burns.

DAO The DAO will be able to vote on the percentage of LP to pull and the percentage of buybacks that are in PUMP, BAWLS, and other coins. They can also vote to burn or airdrop the buybacks.

Should we create this?