Topic: [ANN] CHAMBY: serious memcoin on TON (Read 2983 times)

I'll write a little something like a Chamby-maximalist memo.
You probably already know that we are, in fact, sharpening the token for long-term growth. What needs to be done for the token to grow in the long term?

1. The most important thing is to try never to sell your tokens. In the future, as we assume, you will be able to receive passive income from "renting out the token".
2. If you still decide to sell the token and thus secure the profit, try not to sell all the tokens. Perhaps they will still be useful to you in the future. And those tokens that you sold now - perhaps you did not sell them at the highest price and you will still see the second, third, fourth peak ... fifth, tenth, hundredth ... I do not rule out such a scenario at all, given our future marketing activities.
3. If you decide to sell all your Chamby tokens or a significant part of them, try, if possible, to do it not through a liquidity pool on the exchange, but through a p-2-p transaction. We are going to create an over-the-counter platform where you can sell your Chamby without slippage, without a collapse of prices on the exchange. Or you can find a motivated investor yourself and sell him your Chamby tokens outside the market.
4. The best strategy for creating capital with Chamby is DCA purchases. In other words, just buy a token once a week or once a month for small amounts that are comfortable for you and put it aside at an address from which you will not sell.
5. You can earn income from Chamby right now by providing liquidity to pools on the DeDust or stone.fi exchanges, but I would like, with your permission, to explain some of the nuances of providing liquidity.
In liquidity pools, you can bear "inconsistent losses". When there is a strong trend in any direction, you will lose either Chamby or dollars (or another second asset). If a bullish trend begins, your tokens will be bought out of the pool at the minimum price. And if a bearish trend begins, you will be sold Chamby tokens to the pool at the maximum price. This is how the pool works. But in the case of a long sideways movement, you can really get a good passive income (if there are many transactions).
6. I will repeat once again: the best strategy is to simply buy tokens from the market and put most of them on hold.
7. Now we will wait a little until all the "paper hands" and free airdrop recipients are merged and gradually increase the price of the asset. Let everyone who does not believe in the long-term prospects of our project merge their reserves. I recommend using price drops for the next purchase and sending tokens to hold.
8. None of the above is financial advice. Do your own research. Do not invest in a token that you would be dramatically unable to lose.

It seems like just 2 weeks ago, the equivalent of 1 billion in Chamby was only around 1 dollar, so I bought at least 15 dollars. Now,  when I looked at its price, it went up because of the burning of the token. I grew quite a bit, if I'm not mistaken.

I should have bought it for 50 dollars at that time; it was a bit risky for me. I haven't checked my balance yet since that time. I really hope the platform I bought it from is right because I forgot what's the name of the Dex platform, remember, since I can see it in my wallet.

I just used DYOR.io DEX to swap my CHAMBY tokens to TON. The experience was smooth and everything went well.

Thank you for the airdrop, Julien, and the whole team working on the project.

I wish you guys good luck with the project and I hope it does extremely well in the coming days.

Cheers.

We have successfully revoked editing rights! We are now a fairly decentralized project. We can no longer change the emission, project name, or description. And given that yesterday we burned LP tokens from the public liquidity pool on the DeDust exchange, any user can now safely buy a token, knowing that no one will create extra tokens out of thin air or pull the rug out of the liquidity pool. I raise a glass to your health!

You can view information about revoked rights by going to the smart contract address:
  https://minter.ton.org/jetton/EQBajWYb-dNy0skElmij1onJjXk_ONCx_N1xBOyTaPaRvQ5r

Some final information after the rights were revoked:

Basic information on the CHAMBY token:
1. Smart contract address on the TON blockchain: EQBajWYb-dNy0skElmij1onJjXk_ONCx_N1xBOyTaPaRvQ5r
2. The CHAMBY token was created on the Jetton website on 06/18/2024
3. The total supply was 100,000,131,909,091 CHMB (more than one hundred trillion Chambi).
Of which 99,820,000,000.000 (98 trillion) were burned on 08/15/2024:
https://tonviewer.com/transaction/7d79abad49c59dbf4f0edecc65f677f642bcec6c610b5e36a7e22d2757805ce0
Current supply: 180,131,909,091 CHAMBY


***

I followed, liked and sent again, but the number of followers seemed too low to me. There are 9 followers including me. There should be sharing and interaction about the token so that its awareness increases.

We burned LP tokens from the CHAMBY/USDT liquidity pool on the DeDust exchange. This pool contained 100 billion CHAMBY tokens and about 100 USDT. Now no one will be able to withdraw liquidity from the pool. However, these tokens will always be available for trading.
https://tonviewer.com/transaction/08d8abfb089cea673866b7b9d29a95ca5173b430e0bf6448bfcc2e049b91a838

Please support the birth of Chamby in X - follow, like, retweet.  You can also take part in Chamby's adventure in the comments if you advise him the way. Communication with Chamby in the comments is welcome!
Chamby is an artificial personality and a memecoin. Chamby can take on different guises, because he is an artificial intelligence. But in any guise, he loves different adventures in different eras.

Twitter is driven by enthusiasm, so there is no reward for activity in X right now. Perhaps this will change over time if the Chamby project grows thanks to the active participation of the community.

We have completed the second (compensatory) airdrop. We have successfully distributed 80 billion tokens. We may publish details in the airdrop thread soon. There is currently a discussion about revoking editing rights and a retrodrop, which will reward those who have done something useful for the project.
At the moment, the token is worth very little, because we are only at the very beginning of the journey. Today's rate is about 1 billion tokens for 1 dollar. Perhaps in the future, our token will be worth much more, many times more, but we do not make any promises and encourage you to do your own research before trading. Also, do not invest in the token funds that would be a dramatic event for you to lose.

I already did checked it out and meh 🫤
I guess since I’m not that knowledgeable in the airdrop process I guess I wouldn’t have to understand this whole issues well but I think $1 will get you roughly 1 billion of CHMB tokens and regardless, I really do hope to see this project on a good spot.

This is excellent news. At least the team behind this project has been actively working. It has been a while since I visited this thread since everything was discussed on the Russia local board. I hope this experiment brings a positive result.

I also want to confirm that I have received the 1,000,000,000 new CHMB tokens in my TON wallet.
 
When I'm free, I will also like to try out the pool and see how many of the tokens $1 can get me.

You’re already doing a very great job and actually I haven’t been a fan of bounty and airdrops but I really don’t know why I’m looking up to this project and I really want to see you and the project getting the success they desire.
Goodluck CHAMBY

I congratulate you for the work you did on the project and the token, despite the negative situations that occurred.
I hope you will be successful...

We have adopted a recovery plan, according to which we mint new tokens and dilute the raider's share. We have created a pool on the DeDust exchange.
https://dedust.io/swap/USDT/EQBajWYb-dNy0skElmij1onJjXk_ONCx_N1xBOyTaPaRvQ5r?amount=1000000
You can trade in this pool. However, please note that this is an experimental token and its editing rights have not yet been revoked. They will be revoked only after some time of stable operation of the pool.
Please do not buy the token if you doubt its value or this is too critical money for you. Do not invest in the token funds, the loss of which would be dramatic for you. Only what you can afford to lose.
I also want to inform you that all airdrop participants will receive a second (compensatory) airdrop of 1 billion tokens per participant.

The liquidity pool on the stone.fi exchange was attacked by an unknown raider, who stole liquidity from the pool. Please do not replenish liquidity pools with the CHAMBY token. The community is considering different options to solve this problem. Perhaps we will reboot the project, but this is not certain. You can read more by following this link (text in Russian):

https://bitcointalksearch.org/topic/--5489893
 

The initial airdrop is over. Tokens have been sent to all participants. Please check your addresses.
https://bitcointalksearch.org/topic/m.64375336

******************
This evening 31/07/2024 I created a liquidity pool with the CHAMBY token and USDT. Users can now trade on the STONE.fi DEX. 90% of the token emission and a little more than 24USDT were used to create the pool.
A short instruction on trading on the STONE.fi exchange.
1. Go to the exchange

https://app.ston.fi/swap?chartVisible=false&ft=EQBajWYb-dNy0skElmij1onJjXk_ONCx_N1xBOyTaPaRvQ5r&fa=1&tt=USD%E2%82%AE

2. Connect the TON wallet. I recommend using the browser version of TON Keeper or MyTonWallet.
3. If you followed the link above, then most likely a window for exchanging the CHAMBY token for USDT will open for you. If the CHAMBY token is not displayed in your browser, then on the main page of the exchange application you need to change the position of the sliders (buttons) in the settings. Set the display to “Community assets” and turn off the “Load optimizer” function. After that, the token should be displayed.
4. Smart contract address in the TON system:
EQBajWYb-dNy0skElmij1onJjXk_ONCx_N1xBOyTaPaRvQ5r
Check the address if you have any doubts. The token name is written in capital letters.
5. To exchange assets, you need to have a small amount of TON in your wallet.
6. Please note that the exchange has a price impact function of ~1%. This means that you cannot make a transaction at one time that will affect the asset prices by 1% of the price. However, this can be circumvented by repeat transactions.

We have published the final list of participants who received access to the distribution of tokens during the initial airdrop. You can see the list in the airdrop topic:
https://bitcointalksearch.org/topic/m.64357644
  If you want to take part in voting according to the coefficients that determine how many specific tokens each participant will receive, then you can do this in the Russian-language topic:

[Voting] - link -(bitcointalk.org)

We cannot recommend that you use a translator in the Russian topic, since this is not allowed by the rules. However, sometimes people need to understand clues. The main thing is that your text in Russian is well written. Use simple sentences. We do not discriminate against anyone based on language. Also, you can write here in the English thread. I will also be happy to support the discussion here.

This brings me to the question I have in mind: reading through the thread on the Russian local board, since it's forbidden to use a translator to write and communicate on a local board, how will the people who are not Russian speakers communicate theirs, or will an exception of allowing a few members to use a translator to communicate theirs be made, or perhaps the person will share his or her opinion directly using English? 

Hello bro! Thank you for your activity and the questions you ask.
The fact is that we are a new experimental decentralized project. We don't have a team. We only have community. We resolve all issues collectively. Also, we do not yet have a website or social networks. We conduct all communication entirely on the Bitcointalk forum. Currently, the main discussions are taking place in the Russian-language topic:
  https://bitcointalksearch.org/topic/--5489893

You can take part in discussions and votes, but you will need to write your opinion in Russian. Don’t be shy to do this, because we all often write in a language other than our native one.

I don't see the project website or social networks (fb, twitter, discord, ...). When will the team update them?

Link to preliminary airdrop list:

https://bitcointalksearch.org/topic/--5489893

Friends, in 2 days we will finish accepting applications for the airdrop of Chamby tokens. If you were planning to take part in the airdrop, now is a good time. The initial airdrop will end soon and no other free distributions are planned for now.
 I would like to answer some of the most common questions you might have.
1. After the application collection stage, we will form a final list. People with a small amount of merit and extremely low quality of posts will not be included in this list. Most likely, we will focus on the common criterion of 5 merits in 120 days, but this is not certain.
2. After forming the final list of those who get access to the distribution of tokens, we still need to calculate the individual distribution amounts. There was a consensus in the community that distribution should take into account rank and merit.
3. After this, I will send everyone their number of tokens.
4. After the token distribution, I will create a Chamby/USDT liquidity pool on the STON.fi decentralized exchange. To create the pool, I will use 90% of the Chamby token supply on one side and the USDT that was donated by the community for this purpose on the other side.
You can get acquainted with the exchange here:
  https://ston.fi/
You can learn more about how the exchange works from the documentation:
  https://docs.ston.fi/docs

5. Please note that once the liquidity pool is created, the token price will most likely be small. However, it is likely to grow very quickly. We designed tokenomics in such a way that the price of a token could be easily increased, but difficult to decrease. After receiving tokens, you will be able to sell them or buy more. If you want to take advantage of the early user advantage and buy some additional tokens from the pool, you will need to first purchase USDT and TON to pay the commission. The exchange also has “price impact”. This is a provision that limits your ability to buy or sell tokens if your transaction causes a price change of approximately 1% or more. However, this limitation is easily overcome by repeat business.
6. After creating a liquidity pool, I will burn the LP tokens of this pool and give up the rights to edit the token.
7. I will announce the start of trading in all topics related to the Chamby token.

The project is currently creating a logo for itself, which will become a symbol of the Chamby token. The community created several logo options and, after discussion, began voting. You can also take part in the voting and cast your vote for the option that you like. Voting takes place in the Russian-language topic:

https://bitcointalksearch.org/topic/--5489893


In addition, you can express your opinion on the project and its logo here or in the Russian-language topic.

To be honest, I didn’t know that the CHMB ticker was already used by someone. But there are many ways to emphasize uniqueness. For example, you can use additional characters:
$CHMB
~CHMB
#CHMB
and so on. There are many similar tickers for the most popular combinations of letters, for example, IQ, BTC and others.

The CHAMBY name token symbol is better still, it's more unique. CHMB already has a trading token on Kucoin (CMC,CG), the development is still long but the choice of the original symbol is also important.

It’s difficult for me to call myself the main keeper of the idea. I'm an ordinary member of the decentralized community, just more active than others. However, I am not the author of the idea. The author is the entire community. I'm just moderating his opinion.
 The idea to create an experimental token using (initially) the Russian-language locale arose in March 2024, when I created a topic in the “Ideas” section of the Russian-language locale. In it, I described the idea of ​​​​an extremely decentralized token, with the working name BTRL (Bitcoin Talk Ru-Local). This token was based on two main ideas:
1. “The idea of ​​the Guardians.”
2. “Proof of Purchase.”
 Who are the Guardians? Since we are creating a token and not a coin, it is difficult to ensure a high level of decentralization in the token. A token is created by a smart contract, and a smart contract has an owner. Agree, it’s quite strange when a decentralized asset has an owner. To get around this limitation, all active community members were expected to take responsibility for storing a portion of the coins. Suppose we create a token, distribute it among several dozen custodians, and then these coins, represented by custodians, belong to the entire community. Every time during a certain period of time, say once a month or once a quarter, custodians prove ownership of funds by signing a message from the address they control or carry out a microtransaction from this address. As the project progresses, the tokens held by the custodians could be used to pay for useful work.
 However, during the discussion, 2 things became clear. First, the concept of Guardians is difficult to understand and even more difficult to implement in practice.

2. The concept of “Proof of Purchase” is the initial principle that determined the basic ideology of token distribution. According to him, no part of the coins should be distributed free of charge. Usually, everything free is poorly valued, and people have completely different feelings about what is bought with their own money, so it was proposed that all funds be distributed at auctions. Let's say we hold auctions once a month and gradually distribute the entire issue over several years. If a token is not in demand because the price is too high, then we reduce the price. This is the so-called “Dutch Auction” concept. Thus, we get users who did not receive anything for free, but all the tokens were purchased by them, albeit at a small price.

These were the 2 basic concepts on which the BTRL token was built. True, it is not clear how to motivate the Guardians. After all, it will probably be difficult to find people willing to do this for free. As a result, 2 compromises were born:
A. Pay Guardians salaries from BTRL tokens.
B. Pay Guardians salaries in other tokens.
For these purposes, it was proposed to create another token. At first I called it Community Token, then Source Token.

 However, during the discussion, 2 things became clear. First, the concept of Guardians is difficult to understand and even more difficult to implement in practice. The principle of proof of purchase did not inspire enthusiasm at all. The community did not understand why it should buy an unknown token. Both of these concepts had to be abandoned.
 User sbercoine.one proposed to distribute 50% of the emission among forum users. User Smartprofit suggested, due to the complexity of the custodian idea, to switch to the concept of a meme token and allow users to buy from the pool themselves. The community generally agreed with the idea of ​​a meme token, and the initial 50% airdrop was reduced to 10% so that possible sales by airdrop hunters would not put pressure on the price of the token.
 User viljy suggested a name for the token - Chamby. We held a vote on the token issue and the votes were divided. Someone chose an issue of 10,000,000, someone - 100 million, someone voted for other numbers. As a result, we decided to calculate the weighted average of all the numbers that the community voted for and the result was 131,909,091.
 We decided to make an airdrop and distribute 10% of this amount on it. Anyone reading these lines can take part in the airdrop until July 19th.
 We plan to send the remaining 90% of the tokens to a liquidity pool with a small amount of USDT, and burn the resulting lp tokens so that no one has the opportunity to “pull out the rug.” The token itself has already been created, after creating the liquidity pool I will revoke editing rights. This means that I, as the creator of the smart contract, will not be able to make changes to it.
----------------------------
What will we do next after trading starts? After the launch of trading, the token will begin a completely decentralized life. It will not depend on its creators, but will obey only market pricing laws. I think it will be possible to gradually increase the number of liquidity pools on different exchanges in TON. Then it will be possible to transfer the token to other blockchains to make it independent of TON.
 We will be able to create new services and businesses and link them to Chamby. It will be possible to consider new token concepts and try to implement them into the token. Perhaps we will arrange more airdrops, in which we will take into account the errors that are possible in the initial airdrop.
 Perhaps someone in the future will be able to make a sustainable income on the forum using Chamby tokens. Another option is price arbitrage between different pools and blockchains. Or we can use token as an analogue of merit. Or we could try Chamby tokens for some Bitcoin service. It all depends on the community.

I believe it would be more catchy if we shared some background about creation of CHAMBY idea. Not everyone who is potentially interested in this token can read the original discussion thread in Russian local. That is why we could make a brief retelling. I am sure that will be more effective for attraction of the new users. I can do it, but I think that it would be better if Julien_Olynpic did it, because he is the main idea keeper and he stood at the origins of the project.

reserv

Greetings to the Bitcoin community!
Let me tell you about our token CHAMBY. This is a 100% decentralized experimental token on TON. Initially, the idea of ​​this token was proposed in the Russian locale Bitcointalk. Details of the future token were proposed by various community users. Currently, the token's performance is as follows:
Blockchain: TON
Supply - 180 131 909 091
100% tokens in circulation.
Token address: https://minter.ton.org/jetton/EQBajWYb-dNy0skElmij1onJjXk_ONCx_N1xBOyTaPaRvQ5r

- Charts with the Chamby token on dyor.io
- Charts with Chamby token on Coinmarketcap.com


- Price Prediction Contest

DCA – $CHMB Buying Experiment: Can Chamby Maintain Value Long-Term?

- Initial discussion about the token in Russian
- Primary airdrop
- Instructions for trading on  DEX
Twitter (X)
- Signature of the Chamby Army volunteers:
link 1,   link 2
We collectively manage the token and you can become part of our community to manage your money yourself.
Disclaimer: Please do your own research before investing. You can take part in the airdrop, the link to which I will post here a little later.