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Last active January 30, 2021 17:55
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CHADSWAP.md

CHADSWAP

A token-gated dashboard of pump analytics

The dashboard will display aggregated data from crypto influencer accounts (twitter, youtube, etc): mentions of tickers, # of likes & retweets, rate of change, etc. The social media data will be algorithmically compared to price feeds to identify when coins are most likely on the verge of a pump.

CHAD tokenomics

To access the dashboard, the user's wallet must be holding 1 CHAD at token launch. This number will linearly increase at the rate of 0.1 per month (e.g., at the beginning of the 3rd month, 1.3 CHAD tokens will be required).

Distribution

CHAD will be sold for USDC via a quadratic bonding curve, such that the 10th CHAD will cost $0.04, the 100th CHAD will cost $4, the 1,000th will cost $400, and so on (curve design here). This will enable free price discovery as the demand grows, but the quadratic price increase throttles speculation and user growth (ie: protect's the early CHAD buyers' alpha 😎 ).

Possible features:

  • Text alerts
  • ability for any CHADSWAP member to add tokens to the dashboard
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