TGEs thxS token
multichain Token Generetion EventS
Last updated
multichain Token Generetion EventS
Last updated
The concept of fast scaling and launch.
Multisig Bitcoin
Bitcoin is created on the network and the custodians (core taem DAOthxS) undertake to transfer control of the assets to the DAOthxS community at the first request of the DAOthxS delegates, adopted by a majority vote.
This address is used to receive 1,000,000 Sat for all possible (21) TGE on any blockchain.
TGE multichain
Any group of willing enthusiasts (hereinafter referred to as subDAO team) informs the core team DAOthxS in Telegram @DAOthxS about the intention and jointly carry out goal setting to coordinate actions.
The subDAO team will create a token thxS in the selected blockchain corresponding to:
Title - thxSatoshi
Ticker - thxS
Emission - 1 000 000
The contract must have the property of immutability in the future. The issue is final and cannot be changed.
Mint 1 000 000 thxS.
Creates an LP (Liquidity Pool) on DEX and loads it:
200,000 thxS / equivalent equal to 200,000 sat in the native token/liquid staking token of the blockchain - used to pay for transactions. (eth/wstETH for Optimism, TON/stTON for the TON network)
The subDAO command creates a multisig subDAOthxS (minimum 3/5) UPD (for the OP network there will be a Governor's CONTRACT)
Sends LP to multisig subDAOthxS. In fact, LP becomes an asset of subDAOthxS.
Transmits 400,000 thxS multisig subDAOthxS. They become an asset of the subDAO.
100,000 thxS is left as a reward for the team that completes the TGE.
300,000 thxS are transferred to DAOthxS vault/multisig.
Multisig custodians undertake to hand over control to the DAO upon request. This should be in the form of a vote/proposal using the thxS token.
Sent to multisig Bitcoin 1,000,000 Sat. In the comment to the transaction link to tx (mint 1,000,000 thxS)
They inform the community on Telegram @DAOthxS about the fact of TGE.
core taem DAOthxS checks the correct execution of TGE, audits and verifies smart contracts. Enters token thxS (contract address) into the doc on gitbook and publishes on the website thxS.xyz, twitter, miror, forcast and other DAOthxS resources.
