When we launched α½ATH one of our goals was to create a fun and safe environment for degens to degen. You see, prior to the launch of ATH, Degen Chain looked a lot like thisβ¦
So we decided to do things differently. We launched with 0% (yes, Zero) team allocation. We allocated 20% of the ATH supply to our holders for airdrops. We committed a juicy 70% for the LP. By investing our own fundsβ10% of the initial liquidity, we put skin in the game. We also put our credibility on the line, as known builders and creators in the crypto world and beyond.
If that isnβt enough, today weβre also excited to announce that α½ATH is the first project to lock our funds in a SAFE multisig. These are the tokens that will be airdropped to all ATH holders once we hit ATHs on $degen and $ATH. You can see the transaction here.
Our multisig requires 3 of 5 signers, who are:
An impressive list we hope you'll agree! By doing this, we're proud to say α½ATH is also the first onchain treasury on the L3. Fun fact, we actually deployed this SAFE from within a frame (what a time to be alive), so if youβre building on L3 you can also make use of this amazing tool from our friends at Palmera here.
Having tools like this available is crucial, as currently Degen Chain Layer 3 is living up to its name. It's, well, the wild west of incredible degeneracy. While projects like ATH and Wake are growing, backed by credible teams, the ecosystem is not without its challenges. Weβve seen lots of rugs, exploits and outright scams, so itβs pretty hard to stay SAFU. Thatβs one of the reasons we also created the Degen Chain OG group chat on Warpcast, to help each other stay safe and share interesting new projects as they emerge.Β Β
α½ATH has been here since the beginning of Degen Chain, weβve amassed nearly 1000 holders and a strong community across the interwebs. We're currently participating in the 'Deploy on Degen' week, gearing up to roll out an exciting initiative that we canβt wait to share with you! There are also lots of other great projects building on L3 which makes us confident weβve picked the right ecosystem to grow within.
As first movers on Degen Chain, we see the enormous opportunity in front of us all. The chance to create a dedicated low-fee, high-speed, L3 ecosystem for degens to have the time of their lives. We also really believe that this can only be possible by supporting credible teams, with skin in the game, solid tokenomics and a commitment to safetyββexactly like the Degen project itself that sparked all of this into life.
All in all, things are shaping up really nicely. α½ATH is SAFU, weβre building the future on Degen Chain, and getting ready for the day where we see new ATHs on $ATH and $degen. Itβs going to be a lot of fun.
α½
ATH π©α½
gm everyone and happy 4/20! It was great to meet many of you this week. I'm an optimist, but I really hope we can push Degen Chain to be very fun, less PVP and a lot more non-zero-sum if you're aligned, α½ATH would love to collab β DMs open :) https://paragraph.xyz/@ath/rug-free-layer-three?referrer=0x1234567890
LFG π 300 $DEGEN
GM and happy 420π«‘
30 $Degen
Hi, are you open for a collab with @frogswap? Would be happy to assist with anything.
I already had @frogswap in the DMs is that you?
No. That's the team. I'm just a middleman :)
I just collected Rug Free Layer Three on Paragraph.
Being a Degen means taking risks, responsibly. So we'd like to inspire a Rug Free Layer Three. That's why α½ATH is: - A public team with 0% team allocation - The 1st project with a Safe Multisig on L3 - Committed to pushing Degen to ATHs Join α½ATH > Escape the rugs https://paragraph.xyz/@ath/rug-free-layer-three
travesty
I KNOW! Also nice to see you're looking at α½ATH α½
@colin i know unicode support for frames is absolutely at the top of your priority list right? π
this is what makes or breaks a business @colin
So is there a claim button or sth? Participation in a channel?
Seconded. Where do we claim this token and learn more?
hey @ramsey and @lwsnbaker α½ATH is already live - there wasn't any claim, it's a fair launch project with no team allocation. You can get ATH on degen swap https://www.swapdegen.tips/#/ Our website with more info and links: https://alltimehigh.tips/ There will be opportunities to earn α½ATH in the future.
Embracing risk responsibly, we aim for a Rug Free Layer Three.
1000 $DEGEN
LFG
100 $degen
ummm interesting, thats why im a degen i guess π
It was mint. I'm rooting for you. 500 $degen
We're delighted to announce that α½ATH is the 1st project to lock funds in a Safe Multisig on Degen Chain! We have OGs @wake, @toadyhawk.eth, @papa, @cush.eth and me as signers - full details in the post Recast & help us share this vision for a Rug Free Layer 3 α½ https://paragraph.xyz/@ath/rug-free-layer-three
I love it rhymes π«‘π©
Donβt worry if I write rhymes, I write cheques π
Sounds like music to me π
@articulate have you seen this ?
No I hadnβt - thank you! Will investigate π
Wonderful. Two things: >"Rug Free Layer Three" is π >$WAKE is not "backed by a credible team" lol
> I take all credit for point 1 > I'll reprimand my team for point 2
I'm an amazing specimen, no doubt. But not four qualified people. Or even two. Barely one, now that I think about it.
yes & π
I nerded out just a little bit, time stamp π«π§‘π€π©π https://warpcast.com/drakhonen/0x6a660a25
LFG! Hat is staying on my degens
You had me at Rug Free π₯°π€©
Don't miss out this amazing project ATH
103 $DEGEN
Would you share the address ? So everyone can see whatβs in the wallet
Doope!!! Love multisig, great job
Rug Free Layer Three EXCITING READ!!!! Blood is PUMPING!