🤝 RESPEK token is LIVE on WAX testnet for Fractally Members 🏡 douglas.life

in OCD2 years ago (edited)

RESPEK token is here!

EDIT: 📣 Call For Contributors

I'm stepping back to finish building fractal curation on @currentxchange. To make this real, we'll need some one to compile a list of the people who want to be on the testnet system, and make a spreadsheet of their Hive / Wax Testnet addresses, then tally each person’s respect and send out the token to all members. When you have the list compiled, contact me and I'll send you keys.

This token echos members voice that they wanted "RESPEK on their _name" as an on-chain TX of their RESPECT, the native token of Fractally. RESPEK will mirror Respect until RESPECT is real. This is an un-official, voluntary project on testnet.

A real-like modern amplified AMM Swap will give members a chance to interact with Anchor and a full contract defi ecosystem in a consequence-free environment to explore.

Info we'll need
Each person who would like their hard-earned RESPEK token will need a Wax testnet account, available free
We will need a list of the testnet accounts and how much RESPECT they have thus far, and then a new list each month to send out.
With this information, I will send out the RESPEK tokens manually at first from the admin account.

I’m thinking we sync 1x per month to make it easier, so you get RESPEK once per month, and then can stake to the liquidity pools + earn tokens.

We can then buy and sell WAX (like EOS) against RESPEK from contract and memo, a valuable experience in the space.

Edit 2: Let's make it a game! ⛳️

It would be a fair game if everyone fauceted just 1000 WAX (like fake EOS on testnet) and didn't faucet any more. We can reward the winners with the most RESPECT (and maybe WAX) at the end with some real mainnet tokens. I'm willing to donate 144 PURPLE ($100 USD) to the cause! Other projects can donate to the project tokens, NFTs or other prizes to the winner.

More info at the end here

RESPEK token is complete with liquidity pools.

Token Contract
https://wax-test.bloks.io/account/token4respek

Liquidity Pools
https://wax-test.bloks.io/account/respekrespek

Token is based on eosio.token and swap based on curve.sx contracts.

We do need to agree upon a initial liquidity price and amount so you all can interact with the pools, or else anyone can set this when providing the initial liquidity.

P.S. RESPEK is a reference

to rap mogul Birdman sayin “put some respek on my name” in a breakfast club interview and he later made a song about it.

RESPEK Origin Interview

RESPEK Song

and remember,

PUT SOME RESPEK ON MY NAME

Hi there 👋 I'm Douglas

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I was thinking it would be a cool game if everyone had 1000 WAX (like fake EOS on testnet) and didn't faucet any more. That way it's a real game.