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        <title>BitCoder</title>
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        <description>Always look forward and never look back</description>
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            <title><![CDATA[One minor distributing error in LOOKS]]></title>
            <link>https://paragraph.com/@lnft/one-minor-distributing-error-in-looks</link>
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            <pubDate>Fri, 14 Jan 2022 07:41:43 GMT</pubDate>
            <description><![CDATA[I checked LOOKS token relative distributing smart contracts and compared them with the LOOKS tokenmics. They are basically consistent except for one minor error listes as below. Correct me if my understanding is incorrect.Shares for "Founding Team" and "Ecosystem DEV (Treasure)" seem reversed on Token Splitter Smart contractToken Splittter will do token splitting amont the Volume Reword (44.1%), Founding Team (9%) and Treasure (8%). By checking the constructor, we see these below parameters. ...]]></description>
            <content:encoded><![CDATA[<p>I checked <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://etherscan.io/token/0xf4d2888d29d722226fafa5d9b24f9164c092421e">LOOKS token</a> relative distributing smart contracts and compared them with the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.looksrare.org/about/looks-tokenmics">LOOKS tokenmics</a>. They are basically consistent except for one minor error listes as below. Correct me if my understanding is incorrect.</p><h2 id="h-shares-for-founding-team-and-ecosystem-dev-treasure-seem-reversed-on-token-splitter-smart-contract" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Shares for &quot;Founding Team&quot; and &quot;Ecosystem DEV (Treasure)&quot; seem reversed on Token Splitter Smart contract</h2><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://etherscan.io/address/0xfec3069df398faaf689c559151e41fa8036c8203">Token Splittter</a> will do token splitting amont the Volume Reword (44.1%), Founding Team (9%) and Treasure (8%). By checking the constructor, we see these below parameters. Here 0x453 is the volume rewords which is exactly 44.1%. But for &quot;Founding Team&quot; 0x332 and &quot;Treasure&quot; 0x675, these shares are reversed to 8% and 9%. I think here should be 9% and 8% instead. Arg [0] : _accounts (address[]): 0x453c1208b400fe47acf275315f14e8f9f9fbc3cd,0x332580e0da5b5072ff5d5b73a494a65bb99744d8,0x6757f73cddf4c16171281ff869e620c6ce30e12b Arg [1] : _shares (uint256[]): 4410,800,900 Arg [2] : _looksRareToken (address): 0xf4d2888d29d722226fafa5d9b24f9164c092421e</p><h2 id="h-token-allocation-analysis" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Token Allocation Analysis</h2><p>| | Percentage of Supply | Total LOOKS | circulating | Circulating percentage of Supply | ciculating address I guess | Comments |</p><p>|----------------------|----------------------|-------------|-----------------------|----------------------------------|-----------------------------------------------------------------------------|-----------------------------------------------------------------|</p><p>| Airdrop | 12% | 120,000,000 | 120,000,000 | 12% | 0xa35dce3e0e6ceb67a30b8d7f4aee721c949b5970 | Init minting address 0xb5ea630070d885160323576db6bc86856e40462c |</p><p>| Strategic Sale | 3.3% | 33,083,003 | 33,083,002.5 | 3.3% | PrivateSaleWithFeeSharing on 0x9571cdd8acb71c83393290f0d63a46173ddde65b | As above |</p><p>| Liquidity Management | 1.7% | 16,916,977 | 7,000,000 + 5,000,000 | 1.2% | | As Above |</p><p>| Volume Rewards | 44.1% | 441,000,000 | NA | NA | 0x453c1208b400fe47acf275315f14e8f9f9fbc3cd | TokenSplitter on 0xfec3069df398faaf689c559151e41fa8036c8203 |</p><p>| Staking Rewards | 18.9% | 189,000,000 | NA | NA | TokenDistributor on 0x465a790b428268196865a3ae2648481ad7e0d3b1 | |</p><p>| Founding Team | 10% | 100,000,000 | 10,000,000 | 1% | VestingContractWithFeeSharing on 0x332580e0DA5b5072FF5d5b73A494A65Bb99744D8 | TokenSplitter |</p><p>| Treasury | 10% | 100,000,000 | 20,000,000 | 2% | VestingContractWithFeeSharing on 0x6757F73CDdF4c16171281fF869E620C6cE30E12b | TokenSplitter |</p><p>| Total Supply | 100% | | | | | |</p><p>Some Notes are as below:</p><ul><li><p>Genesis minting pre-allocated 200,000,000 tokens which is 20% of Total supply. For the initial token allocation, 12% for airdrop, 3.3% for Strategic Sale, 1.2% for liqulidity, 1% for Fouding and 2% for Treasure. After this, extra 0.5% is reserved for something else (i think should belong to Liquidity Management).</p></li><li><p>After the Genesis minting, it already minted the &quot;Airdorp&quot;, &quot;Strategic Sale&quot; and &quot;Liquidity Management&quot; and parts of &quot;Founding Team&quot; with &quot;Treasure&quot;.</p></li><li><p>After 20% the pre-allocation, we need to mint extra 80% in following 2 years. &quot;TokenDistributor&quot; smart contract is for that and 18.9% for Staking reword, and another 61.1 should be for &quot;Volume Reword&quot;, &quot;Founding Team&quot; and &quot;Treasure&quot;. The splitting for 61.1% will be processed by &quot;TokenSplitter&quot; smart contract.</p></li><li><p>Actually, As it already minted 1% of Founding and 2% of Treausre. The minting allocation should be: Staking (18.9%), Others { 61.1%: Volume Reword (44.1%), Founding Team (9%) and Treasure (8%)}.</p></li></ul><p>There here comes to above minor error i think for the smart contract writing.</p>]]></content:encoded>
            <author>lnft@newsletter.paragraph.com (BitCoder)</author>
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        <item>
            <title><![CDATA[Dive into dao]]></title>
            <link>https://paragraph.com/@lnft/dive-into-dao</link>
            <guid>fh7oSkRfIpUJH06OuQhg</guid>
            <pubDate>Wed, 12 Jan 2022 02:06:54 GMT</pubDate>
            <description><![CDATA[The first time dive into dao with Mirror! I would like to share my personal view on technology referring to blockchain. views shared here don’t provide any investment advice]]></description>
            <content:encoded><![CDATA[<p>The first time dive into dao with Mirror!</p><p>I would like to share my personal view on technology referring to blockchain. views shared here don’t provide any investment advice</p>]]></content:encoded>
            <author>lnft@newsletter.paragraph.com (BitCoder)</author>
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