Pawth to Base: Done
THANK YOU FOR ASSISTING IN THE MIGRATION
We asked our community to help us with the migration to get as much liquidity out from ETH and boy did you deliver:
In the end The Migration Wallet received over 320 million tokens from 114 individual wallets. That’s more than 41% of the circulating supply, with a value of over $935,000. That makes it the biggest holder of Pawthereum Tokens.
This is an amazing reflection of the communities trust towards $PAWTH as a project and us as the team. It’s a huge step with us being able to take the absolute majority of the LP out from ETH and put it in the new Based Pawth. That’s Pawsome!
In the end we got almost ALL of the liquidity out of Uniswap (but not 100% since majority of it was locked but with our creative plan of collecting the tokens from the community and then selling them all at once) and supplied it to the new smart contract.
Then there was also the liquidity in Pancakeswap (BNB) but it was 100% unlocked. The LP is still standing in the old BNB dev wallet and we are deciding between adding it to the Uniswap LP, but most likely will create another pool in Sushi or Aerodrome to have the possibility of arbitrage added.
PAWTH LAUNCH ON BASE + RELAUNCH
We launched the contract on Base but we noticed an issue with it. The token had a transaction fee as intended but unfortunately, it took it only when buying the token. This is not ideal by any means, and if it would have been for sells we might have been able to compromise.
We have only 2 options.
- Either we keep this immutable smart contract and have it working in a non-ideal way
- We relaunch the token
We decided that option number 2 was the only real solution. For that to happen we had to do it in a way that anyone outside the team wouldn’t be aware of to mitigate the risks of any “gaming”. This process was much more simple than the first one since it doesn’t need us to do anything else but the following steps:
Here is the new smart contract:
0x875ee70143fca7d78e03ee6b13a2b0d68be4af0c
The smart contract has a maximum fee of 2% where wouldn’t ever be able to increase it, only to lower it. So as an example if we go through a vote in the future to decrease the total fee to 1% it can never after that be more than 1%.
PAWTH IS NOW BASED
We kept the transaction fee as same as in the ETH network which had the largest liquidity pool.
The tasks we have now done:
- Update Dexscreener and Dextools
- Added a temporary buy bot to the tg channel
The tasks to be done in the following days:
- Update CMC and Coingecko and other Data aggregators
- Update the whitepaper, website and other information
- Add the PawthBot in our tg channel
- Calculate the exact amounts in the charity wallet and all of the remaining wallets
Sincerely,
The Pawthereum Core Team
