LIquidity Pool (LP) Lock
THE LP LOCK CANNOT BE EXECUTED UNTIL TRADING IS ENABLED
The tokens have successfully been transferred into the Sparkdex exchange liquidity pool. Sparkdex cannot transfer tokens into the LP lock until trading is enabled.
The Solution
On Launch we will launch a livestream on YouTube where trading will be enabled and the LP lock will be implemented live. A link to the livestream will be posted on Twitter/X, and visible on our YouTube channel shortly before the scheduled launch. This will document the LP lock and provide assurances of safety to the community.
Technical Details:
In the Flemecoin contract, the three administrative wallets holding the initial tokens (LaunchWallet, MarketingWallet, DevWallet) were given permission to transfer tokens while trading was disabled. This allowed the escrows to be created and the liquidity pool (LP) to be created. When the Liquidity Pool was created, the tokens were transferred to Sparkdex. Implementing the lock requires Sparkdex to transfer the tokens to Team Finance. Sparkdex wallets could not be whitelisted for trading, so we have to implement the lock immediately after trading is enabled.
