Comprehensive Strategy
Comprehensive Strategy for New Token Launch
We acknowledge that the BARK token launch did not go as planned, and we deeply regret the issues that have arisen. We encountered a technical problem with Raydium due to the new Solana Token-2022 standard, which many platforms do not yet support.
Understanding the Problem
Early Purchase and Airdrop: Tokens are bought and airdrops occur before the official announcement, creating uncertainty and confusion within the community. This leads to constant inquiries about the token listing date, which disrupts your work and resources.
Information Leaks: Information leaks before official announcements, causing market reactions before the liquidity pool is ready. This unanticipated activity can destabilize the market balance and complicate the project's planned progression.
Liquidity Pool Preparation: Preparing the liquidity pool takes time, and current resources are insufficient to meet the required liquidity. For example, a 500k - 3M market cap needs approximately 4.8 - 6.5 SOL (Solana) in liquidity. Rapid and high market cap increases are challenging to achieve before the official announcement and completion of the liquidity pool.
Insufficient Tokens: The number of tokens needed for liquidity is massive, and the current tokens are insufficient to meet this demand. For instance, aiming for a 24M market cap means that adding 15,000,000,000 - 30,000,000,000 tokens to liquidity is costly, and the current token supply doesn't cover this significant liquidity requirement. Liquidity needs to be around 30-34% of the total market cap to support efficient token trading.
Presale and Liquidity: The presale enables greater demand and supply, which can facilitate building the liquidity pool. The BARK plan exceeded expectations, but a common issue with airdrops is that they are dumped on the market as soon as possible. This can lead to a rapid price decline and market instability.
Liquidity Pool Limitations and Support for Token-2022 Standard: We acknowledge that the BARK token launch did not go as planned. We encountered a technical problem with Raydium due to the new Solana Token-2022 standard, which many platforms do not yet support.
Open Communication: We value transparency with our community but recognize the need for more structured communication to avoid misunderstandings. We will share important updates only when all preparations are complete.
Proposed Solutions
Information Management and Communication
Clear Timeline: Develop and publicize a clear timeline for token launch and liquidity pool preparation.
Official Channels: Ensure all announcements are made through official channels (e.g., website, Twitter, Telegram) and emphasize that only these sources are reliable.
Managing Liquidity
Phased Liquidity Pool Growth: Plan for a gradual increase in the liquidity pool. Start with a smaller pool and expand it as the market evolves.
Strategic Partnerships: Consider strategic partnerships or collaborations to increase liquidity. Collaborating with other projects or investors can bring additional resources.
Controlled Token Distribution: Ensure that token distribution is managed carefully and balanced to maintain market stability.
Risk Management
Prevent Information Leaks: Strengthen security and internal processes to prevent early information leaks. For instance, use NDA (Non-Disclosure Agreement) contracts with key individuals.
Emergency Plans: Develop emergency plans for unexpected market movements. This could include mechanisms to control token buying or selling during crisis situations.
Presale Strategy
Controlled Airdrops: Limit the number of airdrops and schedule them strategically to prevent significant selling pressure on the market immediately after listing.
Vesting Schedule: Implement a vesting schedule for airdrop tokens, where they are released gradually over a set period. This reduces the chance of a massive dump right after the launch.
Incentives for Long-Term Holding: Offer incentives for long-term token holding, such as additional bonuses or discounts in future sales.
Summary
Clear communication, strategic liquidity management, robust security practices, and a well-designed presale strategy are crucial to better managing the situation and reducing disruptions to your work. These measures will ensure that the token launch and liquidity management proceed smoothly, keeping the community informed and satisfied.
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