Weekly EDGEdates
EDGEdate 1️⃣
(04/22/2024)
Launch went great, we had hiccups with the earlybot making it too easy for whales to buy first. But a good take away from that is that there were whales that wanted to EDGE. Another positive note on our whales is that our largest whale has proven to be a responsible whale. The other two top whales are bots that will continue to sell in small quantities over time.
EDGE THE DIP competition was birthed from these whales and has had two successful experimental rounds. The EDGE THE DIP bot is being worked on but will work as an alert system to start the comp and not pick the winners. That is something I will continue to do manually to ensure no one is gaming the system.
Coin MC has been updated. Thank you @luke55. As you’ll see the MC has dropped due to not all coins being in circulation. That will change. I see the price staying very stable with slow growth until more tokens are released. However, at the current price, 15% of the presale tokens get released per week. So, the first couple distributions should help the MC grow and give us a better LP/MC ratio. What we have here is a good problem where the liquidity and FDMC sit at a high ratio. Although a good problem to have, it is still a problem nevertheless and it is being ironed out. Not a bad time to have the coin in a stable position while the market recovers.
The second week of presale rewards have been distributed.
LAUNCHPAD: More details about what the launchpad will be found on our Gitbooks which will go live tonight. In terms of the first project to go through the launchpad, the search continues. I have spoken with two projects but turned them away because I didn’t feel that the launchpad was right for what they were trying to accomplish or where they were at in their process. Nevertheless, I will find the right project to put through the launchpad and you will all be rewarded with airdrops in the future.
I should have a little more time to deal with the background work now that I am bringing on our first MOD for EDGE CLUB! Many of you already know him. Welcome @KrisKayK as the first mod of EDGE CLUB! Had a great chat with him today and have no doubt that he is the perfect fit. He is well aligned with the vision of EDGE and will be here to answer any questions you have. He’ll be most active from 2pm-8pm EST while I will be active mostly from 8am-2pm EST and 8pm-midnight EST. Although I’ll most likely be around all day everyday. With that being said, I am still looking to take on one more moderator that operates on a different timezone to cater to the other side of the world.
Another shout out to @nellygoesliving for updating the $EDG price in the Radix wallet. Thank you so much for that Nelly.
VALIDATOR: I had a fantastic chat with a veteran’d Radix node runner who’s been helping keep radix alive for quite sometime. Learned a lot about the entire process and worked out a way to get the ball rolling. I won’t say anymore about the details of when this will all start but I can tell you about the BUYBACK SYSTEM that will start with the node. So just like with HUG and WOWO, the validator will have a 100% fee. You can stake your XRD and unstake them whenever you’d like. However, while your XRD is staked, instead of receiving rewards in XRD you will receive $EDG. For the first year there will be X% of the supply allocated to staking rewards. This % will be higher than the amount $HUG offers to help jump start our node. This is not meant to take away from $HUG’s offer because both validators give you memecoins as rewards and there is no telling where either one will be in the future. Personally I love this memecoin community because everyone is so helpful and nice. We can most certainly contribute that to Zombie starting a memecoin revolving around love. And in a way we do the same, just a different kind of love... There will be an added contest to jump start the validator revolving around $EDG rewards for the first X amount of members to stake X amount of XRD to the validator. A bot will also be set up in this chat for the validator. The XRD generated from the validator will be used to buyback $EDG to help with selling pressure. This $EDG will be placed in the EDGE CLUB treasury. A portion of this $EDG will be used to set up the next year of rewards for staking.
A new whitelist token will be airdropped to all presale investors (unless I can get back the 2 that are held by the 2 last minute disqualified members.) Along with this a second one will be airdropped that indicates that you made it to the 20% mark of presale distribution without selling. The second token will be a premium form of whitelist. Each time we get to a particular distribution mark, the EDGE Hands will receive the next whitelist token. This gives projects looking for a presale list options. The more premium the whitelist token is the stronger the holders are that come along with it. Or don't CUM along with it if you know what I mean 😉
A weekly contest will be starting that rewards the one EDGEr that has EDGEd the hardest each week. This can be in the form of a fantastic tweet, a graphic about EDGE CLUB, a twitter giveaway. There’s lots of different ways you can EDGE harder than every other EDGEr each week. Get creative and EDGE on. Exact details will be dropped tomorrow.
The 20% distribution mark has been hit so the first rewards will be going out to presale holders. This will be sent out tomorrow after I verify the list of presale holders that haven’t sold any tokens.
If anyone is wondering about the buyback system and how that works into the tokenomics, it will all be explained when the full details are released on gitbook.
This is a lot of info to EDGE in. But this is just the beginning. Lot’s is happening. If you have any great ideas please reach out. And remember to EDGE ON!
EDGEdate 2️⃣
(05/03/2024)
We’ve been EDGing for more than 2 weeks now. First off, a round of EDGEs for the 135 presale investors that have simply not stopped EDGing.
The 🥩 EDGE CLUB 🥩 Validator (gitbook info) (Validator) is up and running. You can stake on it, but we advise you not to until the claim page is fully setup.
The claim page is being worked on and will be similar to the hug claim page but at this moment only involve claiming your $EDG earned from staking on the 🥩 EDGE CLUB 🥩 validator.
This means that the BUYBACK system is EDGing close!
EDGE THE DIP bot is up and running and we are patiently waiting for it to go live for the first time. (But hoping that it doesn’t have to for a bit 😅)
Early TIP BOT has decided to grace the EDGE CLUB with it’s presence and has informed us that it’s just here for the TIP.
EDGE gitbook has been created and will constantly be updated to keep everyone up to date on everything EDGE.
WEDNESDAYS are now the EDGER OF THE WEEK announcement days (info)
THURSDAYS are now EDGE PUN TIME (info)
FRIDAYS are now EDGE STORY TIME (info)
The main EDGE CLUB website is going to making its first appearance very shortly and I couldn’t be more excited! There will be a fun competition on launch day.
LAUNCHPAD APPLICATION is now available and we are ready to take on new applicants.
~38% of the vested tokens have been released to the presale investors and a whopping 135/150 have continued to EDGE ON!
Lukas has confirmed today that he will update the circulating supply of $EDG.
The whale has sold another good portion of their bag and it was eaten up before I could open my eyes in the morning. The whale then put their remaining $EDG into the liquidity pool with their XRD acquired from selling $EDG. A little irresponsible but it all worked out in the end and they clearly have conviction in the future of $EDG
EDGE Nye The Science Guy Theme song has been released. For anyone who doesn't know who Bill Nye is, first off I'm sorry your childhood was not as joyful as mine, and secondly, you gotta look him up. He literally made learning science fun. He's an absolute national treasure. (twitter post)
THINGS WE CAN’T DISCUSS YET BUT WILL EDGE YOU A BIT WITH
The first part of $EDG and $DUCKK collab has been released. Safe Memein’ has now become a comic book/vigilante world. The $DUCKK man was asked by commissioner EDGE Nye The EDGing Guy to ensure the demise of all rugger. The second part of our collab is top secret but I can ensure you you’ll all want to get involved with it!
We are currently working on building a site that will allow all memecoins to add instant utility to their tokens. This will give all memecoin creators access to a cheap, quick, and easy way to give more to their holders. This site will have a small fee that will go towards building more for the EDGE CLUB community.
Some have probably heard already but there is a movement among around 20 of the top memecoin teams looking to create a large enough giveaway targeted toward onboarding new Radix members. I believe we have the power to attract some real attention. However, I also think that when the time comes, everyone in the community should contribute to the giveaway what they can. Even 1 XRD makes a difference. The bigger the giveaway the bigger the impact. This giveaway is still in the conception phase but keep an eye out because it’s coming.
I have a friend who isn’t involved with Radix yet that has taken a liking to all things Radix. They have a good bag with them and have let me know if things go well on their side (as we move back into the roaring bull period in crypto) that they will invest a good amount into $EDG. They told me this after I spoke with them about WOWOs amazing $33K buy. They thought it was amazing how much of a wave one 33k buy could cause throughout the entire Radix ecosystem. Nothing is confirmed but the prospect is promising. The reason I’m telling everyone this is not to pump the coin but to keep things transparent. When the time comes I don’t want this event to appear as insider trading.
We have definitely had a retrace in the $EDG price but be sure that even in these more trying times that the EDGE team is building and EDGing every day. We may see more red candles as we come out of these slow times in the Radix ecosystem, but we have nothing but belief in the future of EDGE. We didn’t start EDGE CLUB to have a short lived edge. We did it to build a better EDGE for your children and your children’s children. This ain’t no pump and cum, this is fucking GENERATIONAL EDGE BABY!!!!
AND TO END OFF THIS MASSIVE EDGEDATE. @AV_7744 IS RIGHT. WORK YOUR BAG FELLOW EDGERS. SHILL THE HELL OUT OF EDGE. HELP THE EDGE TEAM MAKE EDGE #1. /EDGE_WILL_WILL
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