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⏰ Launch Window Small Adjustment:
https://x.com/cortensor/status/1839892934147354641

3.96K viewsedited 04:50

Thank you, everyone, for participating and patiently waiting for the launch.

We’ve just completed the stealth launch after a few attempts. Over the past week, we received several messages from snipers and attempts while preparing and conducting dry runs.

Here's a transparent summary of the launch:

Snipers & Blocklist:
- During last week's dry run, we identified a few sniper attempts. Those addresses were blocklisted during the launch.

- After today's launch, once the token became tradable, we blocked additional sniper setups targeting the contract address in a few phases.

- Basically all 53 snipers are blocklisted prior to this message.

- Approximately 39.75M tokens have been blocklisted and are out of circulation, representing 3.975% of the total supply.

- Since we used the blocklist functionality, some intel sites may label us as a honeypot, which is not the case. This typically occurs in the early stages and should resolve over time. You can check our contract and confirm this.

Supply Acquisition for near term operations:
- Immediately after the launch, the team acquired approximately 10% from the DEX to support early contributors, supporters, and marketing efforts.

- Also a portion of the acquired tokens will be used to onboard and support near-future contributors, marketing efforts, and operations until the treasury wallet is fully established and operational. Once the treasury is built out, the remaining tokens will be used to add additional liquidity to the LP with treasury ETH.

- All of these tokens will be vested over time. At Cortensor, everything is either vested or locked.

- We used the disable limit and exclude fee functions for the following address to make this happen. You will notice a few trial and error transactions around this address and the Uniswap router address.

- This can be confirmed at 0x33Fff300BF3B9750fd7C0E65937124633410Eca5

Tax & Wallet Settings:
- Over the next few hours, the tax will remain 25% for both buys and sells. As volume increases, we will gradually adjust this from 25% to 10%, and eventually to 5% for both buys and sells.

- Max wallet and max transaction limits are set low for now, but these parameters will be adjusted over the next few days to weeks.

- These approach is intended to help distribute tokens to a wider range of community members.

Launch Summary:
- 40% of the total supply (400 million tokens) was initially paired with 1.5 ETH on 10/1/2024 with a 96% tax to prevent trading.

- The tax was then lowered to 30%, successfully blocking the first wave of snipers.

- The tax was further reduced to 25%, blocking the second wave. This will remain in place for the next few hours as described above.

- Max wallet and max transaction amounts were adjusted just before or at the same time as this message to signal the official launch to our community.

- Liquidity is locked through Team Finance.

Contract Address: 0x8e0EeF788350f40255D86DFE8D91ec0AD3a4547F

We will be available for a Q&A session once the chat is enabled.

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5.44K views12:24