Weekly update on development process (Oct 31, 2022)

Coliquidity ($COLI) allows you to provide liquidity using only 1 token. We match two providers to create a joint position. Less risk, more reward for each LP 😉 Subscribe to our Telegram / Twitter to get notified about new pools.

Weekly progress

🤝 Got in contact with some influencers, now negotiating.
🤝 Met with a super-connector, discussing how to structure our partnership.
🤝 Advised another project.

What is Fairpool?

Influencers were asking about a concise explanation of Fairpool. Here’s what we’ve been sending them:

Fairpool is an ERC20 token that can be bought and sold through the same contract (no listing needed, no liquidity needed). You can create your own Fairpool — it’s very cheap! (just a blockchain transaction fee)

Fairpool is different from other tokens:

The initial price is zero (0). Each buy order moves the price up. Each sell order moves the price down.
The initial supply is zero (0). Every buy order increases supply. Every sell order decreases supply.
The liquidity stays in the contract. The contract owner can’t withdraw liquidity. The contract owner receives only royalties (see below).
The royalties can be set to any amount (including zero). Every sell order pays royalties to the token owner and his/her teammates. It’s possible to add any address as a royalty recipient.
The dividends can be set to any amount (including zero). Every sell order pays dividends to the current token holders. Dividends are different from royalties: dividends are paid to the token holders, royalties are paid to token promoters (the team). The dividends can be set to zero to avoid making this token a security.

In other words: the supply is minted on-demand, and the price is adjusted accordingly (higher supply => higher price). The owner & team makes money on royalties only. The token holders make money on trades & dividends.

Benefits:

Rug pull is impossible because the owner can’t withdraw liquidity. This is beneficial for the token holders.
Sell-off is impossible because the owner has zero (0) tokens initially (total supply is zero). This is beneficial for the token holders.
Liquidity is not needed because because the initial price is zero (0). The price goes up automatically if the demand increases. This is beneficial for the owner.

Learn more: https://fairpool.io/

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Let us know if we should fix anything in this explanation!

Next week’s focus

⚒ Develop Fairpool.
🤝 Advise current projects.

About Coliquidity

Coliquidity ($COLI) allows users to make more money by banking on uptrend & collecting LP fees at the same time. If you want to get notified about early access to our pools, please follow our Telegram & Twitter. If you want to trade the $COLI token, use Uniswap or DEXTools.

Any questions? Reach out to us:

Website: www.coliquidity.com

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