Our devs wanted to protect the community and YCLUB as a projec | YCLUB News ⚓️

Our devs wanted to protect the community and YCLUB as a project to avoid scammers bots, snipes and attacks we decided to launch a LBP on balancer.fi.

What is the advantage?

. Efficient price discover:
The LBP changes its weight as time goes by to create constant downward pressure on the price. This helps prevent front-running and price speculation, while ensuring market-driven price discovery rather than fixing a predetermined price;

. Fair market and bot protection:
LBPs often start with intentionally high prices. This strongly disincentivizes whales and bots from snatching up much of the pool liquidity at the get-go. When LBPs are used for early-stage tokens, this can help increase how widespread the token distribution is.

According to our analysis, we concluded to launch the token in two different phases:

i) LBPs on Balancer: with the scope to raise liquidity, avoid bots, and ensure a fair and efficient price discovery mechanism;

ii) Standard AMM pool on Uniswap: launching a pool on Uniswap $SYCC/$ETH leveraging the liquidity raised with LBPs to attract more volume.

In 2-3 weeks we are going to be listed on 3 major CEXs.

We pull on balancer will be closed on Monday and we are going to open the pool on uniswap.

Here is the link to our contract

LBP contract address: 0x27C434B6BD80f8b28a0975fB23EFF73d2C12B774

token contract address: 0xb2e0af4500044687f60ce2d9e2eabdfd042f231c