Over 42% of the supply has now been removed from circulation via burn.
Below is the next video from An Eye.
https://www.youtube.com/watch?v=f5V0s5YHuqE
There are now 18 videos chronicling the meaning and lore of The Mikaboshi.
https://www.youtube.com/@amatsumikaboshi250
Topic: [ANN] 🩸Amatsu-Mikaboshi DAO🩸 Deflationary Governance Token - 🔥 42% BURNED 🔥 (Read 180 times)
December 12, 2022, 11:24:39 AM
November 21, 2022, 02:27:37 PM
Today we hit the milestone of 40% of the total supply of Amatsu-Mikaboshi having been burned by the 3%/3% tax system.
As the community grows this number will increase. Currently, only 600B tokens remain in circulation.
https://www.youtube.com/watch?v=DQl2U8XvJLo
This is the second video from The Eye of sixteen currently released.
As the community grows this number will increase. Currently, only 600B tokens remain in circulation.
https://www.youtube.com/watch?v=DQl2U8XvJLo
This is the second video from The Eye of sixteen currently released.
November 16, 2022, 05:20:57 PM
Mikaboshi tokenomics:
3% buy tax on tokens purchased which is sent to the Mikaboshi contract
3% sell tax on tokens sold which is sent to the Mikaboshi contract
When contract accrues 1,500,000,000 tokens, it sells and it transfers the eth to the dev
When the burn function is called, the contract unpegs 2.5% of tokens in the overall liquidity pool and sends it to the dead address on an hourly interval.
3% buy tax on tokens purchased which is sent to the Mikaboshi contract
3% sell tax on tokens sold which is sent to the Mikaboshi contract
When contract accrues 1,500,000,000 tokens, it sells and it transfers the eth to the dev
When the burn function is called, the contract unpegs 2.5% of tokens in the overall liquidity pool and sends it to the dead address on an hourly interval.
Could you tell me when the burn taxes happen. Before or after tx? aka will dex prices take account for burn taxes when estimating amounts received? Also if so do they anticipate these burn taxes when trying to artibrage the balancing bots? Thanks.
In the below transaction, the 3% is taken from the buy at the time of the transaction, at the price the buyer pays. So an easier viewpoint would be a buy/sell tx spends 100% and receives 97% or sells 100% but is paid for 97%. Either way the 3% of the transaction in Mikaboshi is sent to the contract, after the 1,5000,000,000 token threshold is reached the sum is sold into the LP, and then 2,5% of the LP'ed tokens are removed and sent to the 0x000000000000000000000000000000000000dead address.
https://etherscan.io/tx/0xb5a99af35418c30fa216d6ac72864a7596a60f157ec75c546fe5becec4dd9965
I think you would need to inspect individual MEV/arb contract bots to determine if/how they take taxes into account.
Thanks for this, I have done a bit of investigation and i am indeed making progress. I have managed to follw the flows of the transaction and can see the funds flowing.
I thought i would share this link as i investigate how this dev lock things work. https://www.team.finance/view-coin/0xaE86f48c0B00F2a3eaeF4ba4c23d17368f0f63f4?name=Amatsu-Mikaboshi&symbol=Mikaboshi
One thing i dont understand is what happens on the 21st December. What would normally happen and how this might be different.
Today the dev extended the timelock on the LP so nothing specific will happen on Dec 21st now. As the community grows stronger the dev has continued to extend that lock longer and longer. The presumption is once the DAO can make decisions on the future of Mikaboshi the access to control the LP will be important so it has not been burned or locked for an extreme timeframe to allow all potential options.
It appears the project is closer to the release of a bridge to BNB which will allow a larger audience of participants access to the token across more than one chain. This is big news once it is released!
November 16, 2022, 01:44:34 PM
Mikaboshi tokenomics:
3% buy tax on tokens purchased which is sent to the Mikaboshi contract
3% sell tax on tokens sold which is sent to the Mikaboshi contract
When contract accrues 1,500,000,000 tokens, it sells and it transfers the eth to the dev
When the burn function is called, the contract unpegs 2.5% of tokens in the overall liquidity pool and sends it to the dead address on an hourly interval.
3% buy tax on tokens purchased which is sent to the Mikaboshi contract
3% sell tax on tokens sold which is sent to the Mikaboshi contract
When contract accrues 1,500,000,000 tokens, it sells and it transfers the eth to the dev
When the burn function is called, the contract unpegs 2.5% of tokens in the overall liquidity pool and sends it to the dead address on an hourly interval.
Could you tell me when the burn taxes happen. Before or after tx? aka will dex prices take account for burn taxes when estimating amounts received? Also if so do they anticipate these burn taxes when trying to artibrage the balancing bots? Thanks.
In the below transaction, the 3% is taken from the buy at the time of the transaction, at the price the buyer pays. So an easier viewpoint would be a buy/sell tx spends 100% and receives 97% or sells 100% but is paid for 97%. Either way the 3% of the transaction in Mikaboshi is sent to the contract, after the 1,5000,000,000 token threshold is reached the sum is sold into the LP, and then 2,5% of the LP'ed tokens are removed and sent to the 0x000000000000000000000000000000000000dead address.
https://etherscan.io/tx/0xb5a99af35418c30fa216d6ac72864a7596a60f157ec75c546fe5becec4dd9965
I think you would need to inspect individual MEV/arb contract bots to determine if/how they take taxes into account.
Thanks for this, I have done a bit of investigation and i am indeed making progress. I have managed to follw the flows of the transaction and can see the funds flowing.
I thought i would share this link as i investigate how this dev lock things work. https://www.team.finance/view-coin/0xaE86f48c0B00F2a3eaeF4ba4c23d17368f0f63f4?name=Amatsu-Mikaboshi&symbol=Mikaboshi
One thing i dont understand is what happens on the 21st December. What would normally happen and how this might be different.
November 15, 2022, 10:24:09 AM
Mikaboshi tokenomics:
3% buy tax on tokens purchased which is sent to the Mikaboshi contract
3% sell tax on tokens sold which is sent to the Mikaboshi contract
When contract accrues 1,500,000,000 tokens, it sells and it transfers the eth to the dev
When the burn function is called, the contract unpegs 2.5% of tokens in the overall liquidity pool and sends it to the dead address on an hourly interval.
3% buy tax on tokens purchased which is sent to the Mikaboshi contract
3% sell tax on tokens sold which is sent to the Mikaboshi contract
When contract accrues 1,500,000,000 tokens, it sells and it transfers the eth to the dev
When the burn function is called, the contract unpegs 2.5% of tokens in the overall liquidity pool and sends it to the dead address on an hourly interval.
Could you tell me when the burn taxes happen. Before or after tx? aka will dex prices take account for burn taxes when estimating amounts received? Also if so do they anticipate these burn taxes when trying to artibrage the balancing bots? Thanks.
In the below transaction, the 3% is taken from the buy at the time of the transaction, at the price the buyer pays. So an easier viewpoint would be a buy/sell tx spends 100% and receives 97% or sells 100% but is paid for 97%. Either way the 3% of the transaction in Mikaboshi is sent to the contract, after the 1,5000,000,000 token threshold is reached the sum is sold into the LP, and then 2,5% of the LP'ed tokens are removed and sent to the 0x000000000000000000000000000000000000dead address.
https://etherscan.io/tx/0xb5a99af35418c30fa216d6ac72864a7596a60f157ec75c546fe5becec4dd9965
I think you would need to inspect individual MEV/arb contract bots to determine if/how they take taxes into account.
November 14, 2022, 11:04:49 PM
Mikaboshi tokenomics:
3% buy tax on tokens purchased which is sent to the Mikaboshi contract
3% sell tax on tokens sold which is sent to the Mikaboshi contract
When contract accrues 1,500,000,000 tokens, it sells and it transfers the eth to the dev
When the burn function is called, the contract unpegs 2.5% of tokens in the overall liquidity pool and sends it to the dead address on an hourly interval.
3% buy tax on tokens purchased which is sent to the Mikaboshi contract
3% sell tax on tokens sold which is sent to the Mikaboshi contract
When contract accrues 1,500,000,000 tokens, it sells and it transfers the eth to the dev
When the burn function is called, the contract unpegs 2.5% of tokens in the overall liquidity pool and sends it to the dead address on an hourly interval.
Could you tell me when the burn taxes happen. Before or after tx? aka will dex prices take account for burn taxes when estimating amounts received? Also if so do they anticipate these burn taxes when trying to artibrage the balancing bots? Thanks.
November 13, 2022, 05:40:58 PM
I just came here to leave my first-ever post on bitcointalk under the Mikaboshi flag.
No idea where this is going but I trust the community who are engaged with it.
[seelawrie]
No idea where this is going but I trust the community who are engaged with it.
[seelawrie]
November 13, 2022, 02:16:15 PM
I enjoy the augmented reality vibes of the videos, clues got me like what's happening here. I'm a fan.
I love those vids too. Those messages are so powerful
This is the first video of fifteen to date.
https://www.youtube.com/watch?v=K-4EcCqCVXc
Latest video is very intriguing, as Dev not only mentions MikaboshiDao, but also references sister token Genyosha (Black Dragon Society) and Shiba Inu.
You can watch it here:
https://www.youtube.com/watch?v=ZXCZxghU8oQ
or here:
https://mobile.twitter.com/mikaboshism/status/1591113535488229378
Enjoy!
November 13, 2022, 01:45:03 PM
What keeps me stoked on Mikaboshi is the community. They work hard for the project. 24-7 involvement in some fashion. They're also not trying to convince people of anything. Here's what we're doing - take it or leave it. I've been in a few communities over the past few years that promise the world. This big development is coming. The Dev is working. blah blah blah. Nothing happens. Here it's the inverse. Community just pushes and pushes. Many of the holders are ride or die, and if you look at the chart, at times they should have been left for dead. But we're here and we're building. Happy to have people join us or not.
November 12, 2022, 01:45:00 PM
Loving the community on this
November 12, 2022, 01:38:03 PM
I enjoy the augmented reality vibes of the videos, clues got me like what's happening here. I'm a fan.
I love those vids too. Those messages are so powerful
This is the first video of fifteen to date.
https://www.youtube.com/watch?v=K-4EcCqCVXc
November 12, 2022, 12:38:22 PM
I enjoy the augmented reality vibes of the videos, clues got me like what's happening here. I'm a fan.
I love those vids too. Those messages are so powerful
November 12, 2022, 10:58:14 AM
Mikaboshi tokenomics:
3% buy tax on tokens purchased which is sent to the Mikaboshi contract
3% sell tax on tokens sold which is sent to the Mikaboshi contract
When contract accrues 1,500,000,000 tokens, it sells and it transfers the eth to the dev
When the burn function is called, the contract unpegs 2.5% of tokens in the overall liquidity pool and sends it to the dead address on an hourly interval.
3% buy tax on tokens purchased which is sent to the Mikaboshi contract
3% sell tax on tokens sold which is sent to the Mikaboshi contract
When contract accrues 1,500,000,000 tokens, it sells and it transfers the eth to the dev
When the burn function is called, the contract unpegs 2.5% of tokens in the overall liquidity pool and sends it to the dead address on an hourly interval.
November 11, 2022, 06:05:48 PM
I enjoy the augmented reality vibes of the videos, clues got me like what's happening here. I'm a fan.
November 11, 2022, 03:17:18 PM
I'm interested in learning more about the mechanics of the project and how the burning and locking mechanisms work.
November 11, 2022, 01:13:37 PM
NOTE: I am posting as a community member, I am not posting in any official or team-based capacity
November 11, 2022, 01:13:23 PM
The community is growing.
A placeholder website has been made until the final Dao comes live.
Patience & Build.
With courage and heart, we will come out as kings of all lands.
Our enemies try to sabotage us, but we strongly desire to be subject to mental warfare.
To win this we must convert the other side.
A placeholder website has been made until the final Dao comes live.
Patience & Build.
With courage and heart, we will come out as kings of all lands.
Our enemies try to sabotage us, but we strongly desire to be subject to mental warfare.
To win this we must convert the other side.
November 11, 2022, 01:13:07 PM
November 11, 2022, 01:09:54 PM
Will You Join the Mikaboshi?
a movement begins with a push
a voice
a message
a planted seed
at first it cannot be seen or heard
only to those that seek it out
as the movement grows and gathers size
it gathers pace it becomes an
unstoppable force
momentum
today we begin
hard work
work hard
repeat
a voice
a message
a planted seed
at first it cannot be seen or heard
only to those that seek it out
as the movement grows and gathers size
it gathers pace it becomes an
unstoppable force
momentum
today we begin
hard work
work hard
repeat
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