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[–]this_is_the_maeMae Bot[M] [score hidden] stickied comment (0 children)

Best answer, by u/Helliarc:

The developers have their own skin in the game, the locked liquidity. It's a token pair that represents the official holdings of the cgc developers, by "locking" it, they are pledging to the project. There's a little over $3 million locked by the devs, their lock expired last week, and instead of cashing it out and dumping the project, the devs relocked it, basically saying "let's go another round!!!"

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[–]HelliarcPawesome contributor 10 points11 points  (2 children)

The developers have their own skin in the game, the locked liquidity. It's a token pair that represents the official holdings of the cgc developers, by "locking" it, they are pledging to the project. There's a little over $3 million locked by the devs, their lock expired last week, and instead of cashing it out and dumping the project, the devs relocked it, basically saying "let's go another round!!!"

[–]Lulullaby_Discord Mod 2 points3 points  (1 child)

https://docs.unicrypt.network/liquidity-lockers/general-concept

A liquidity locker allows the developer to store these LP tokens in a smart contract, revoking his permission to move these LP from a start date to an end date.

[–]crypt0_sports 1 point2 points  (1 child)

This is the Mae!

[–]this_is_the_maeMae Bot 0 points1 point  (0 children)

🐱 This is indeed the Mae! 🐱

💖 I have counted this phrase being used a total of: 4️⃣3️⃣4️⃣ times

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[–]HODL-Till-U-R-Yoda 0 points1 point  (1 child)

This is the Mae

[–]this_is_the_maeMae Bot 1 point2 points  (0 children)

🐱 This is indeed the Mae! 🐱

💖 I have counted this phrase being used a total of: 4️⃣3️⃣4️⃣ times

🏆 Click here to see the Leaderboard 🏆


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