👨🏫How it works?
Last updated
Last updated
Tokens are created with virtual liquidity (bonding curve), and it is the investors who contribute to the liquidity pool (LP) through their buys and sells.
The initial "Market Cap" varies depending on the price of ETH but generally ranges between $2800 and $3200.
When a market cap of approximately $69,000 is reached (this trigger can vary slightly by a few percent depending on ETH price fluctuations), the token is automatically listed on Uniswap with a liquidity of $24,000 ($12K in ETH + $12K in tokens).
The LP is burned and the Smart Contract is renounced in the same transaction. The token then appears in trading bots (for those who use them).
Let's take the example of BASED USA, with the following listing transaction: https://basescan.org/tx/0x859c61c4c7a9f13051255f9b3463393de9cbc75b4389e905f2bee8c38bce3e76
The buyer initiates the transaction that will make the token free from Ape.Store
Execution of the transaction initiated on Ape.Store
Creation of the liquidity pool
Burning of the liquidity pool
Burning of tokens by Ape.Store to rebalance the LP
All these actions are executed in the transaction that triggered the listing on UNISWAP by creating the LP on UNISWAP V2.
The initiator of the final transaction that led to the creation of the LP by our router will be indicated as the creator of the LP (see example below).
The screenshot above shows the transaction that triggered the listing on Uniswap.
The transaction above shows the first transaction recorded on token trackers like Dexscreener or Dextools. You can see that the initiating wallet address is the same as the last transaction on Ape.store (this can also be seen in the main liquidity addition transaction) .
From that point, the token can be tracked on platforms like dexscreener or dextools, and checked on scanners such as TTF or SafeAnalyzer. You can continue trading on Ape.store even after the token has been listed on Uniswap.
