DWF LABS A published Code launch guide.
The guide restores the development of symbolic launch mechanisms, with a special focus on modern institutional profile accidents related to the launch Libra and Melania.
In fact, according to DWF laboratories, these incidents revealed that current systems were exposed, from trading from within to the market manipulation, and even organizational pleasure.
They claim that “problems of this type not only erode the investor’s confidence, but also threatening the long -term stability of the cryptocurrency market, with an impatient effect on retail sale.”
The presidential guide to launch the symbol code
the a report It is included by DWF LABS in the category Institutional research.
The idea is to propose more transparent and fair symbolic launch mechanisms, describing current issues with current frameworks and highlighting alternative styles, such as debt issuance (projects that provide debt symbols that represent a demand for revenues or future assets), and timing liquidity (lip lock codes in smart contracting for previous periods). Pisces and bot).
Moreover, it also contains proposals for organizational and political improvements.
Libra and Melania: A practical example of evidence on how to launch a symbolic symbol
The starting point is the last releases of the scale and melavia symbols, which caused a few problems.
The report sheds light on how to accuse the “VIVA LA LIBRTAD” project, which launched the MIM code on Solana on February 14, of internal trading and manipulation of the market, after some governor, including Kelsieres Ventures, 110 million dollars.
The problem, in fact, is that in the first hour of being in the encryption market, the evaluation of the distinctive symbol increased to the peak $ 1.16 billion in market valueOnly to collapse by more than 95 % in the following hours. In total, it is estimated that approximately 75,000 merchants have lost money.
This scandal was called “CryptogateBecause it included the participation and approval of important personalities, such as the Argentine president Javier Miley And the investment company Web3 Kelsier Ventures.
All this has sparked a strong reaction from the encryption community, a political crisis of Melly for fraud and the call for a federal investigation.
He later discovered that KELSIERE CEO, Hayden Davis, also played a role in launching Melania by First Lady Melania Trump.
In the report he writes DWF Labs:
“These events highlight the ongoing issues with the effective cryptocurrencies related to celebrities, but also the increasing urgent need for a more transparent and fair symbolic launch mechanism in the encrypted currency market.”
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Types and problems
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The guide determines up to nine different types of symbolic launch mechanisms.
It ranges from the first or simplest, MiningTo Before filmingIt passes ICOand Dutch auctionsand Adel’s launchand Liquidity Bootstrapping (LBP)and Lockdropand Liquidity bootstrapping auctionAnd the so -called A fair bomber 2.0.
Moreover, they specifically define three issues, defined as continuous defects in the mechanisms of launching existing symbols.
The first and the most classic, is trading from the inside, which is the informational asymmetry that allows those who have prior information to exploit the ignorance of others.
The second, with the same classic, is the field of robots and whales, which can control large parts of liquidity and trading size, and thus the ability to implement coordinated prices manipulation.
Finally, regulatory gaps and challenges are determined in the application of laws, given that unlike traditional financial markets where trade in the front and separate is illegal and actively trial, encryption markets operate instead in a regulatory gray area with many ambiguity.
Consequently, it turns out that it is unclear, i.e. the laws that apply to the powers that have jurisdiction, which leads to organizational arbitration and obstructing the application of the effective law even when defining an incorrect topic.
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Proposals
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The guide proposes many different comprehensive methods to address these issues, and to ensure that the encryption sector continues to advance in a positive direction.
The first is Di Debito emissionThat is, the issuance of debt codes that represent the right to revenue or future assets.
The second is LiquidityIt is similar to Lockdrop, which includes lock lp codes in smart contracts for a specified period in advance, but also allows to prevent immediate “MarryBy developers, it works as a preventive measure against harmful practices
Finally, they suggest release restrictions, which if implemented strategically can significantly reduce the effect of whales and robots on the distribution of symbols.
Finally, they ask for organizational and political improvements to address effective issues effectively in the special code launch operations
In conclusion, given the future, the success of symbolic launch practices depends on the collective efforts of the stakeholders in the industry and on the organizational bodies.
