Until now, many projects have spoken about transferring control of their project into the hands of their community, yet it has never been done to the efficacy that many desire. TRIBUTE TO LIQUIDITY is designed to achieve this goal and potentially shape how token holders have control over their token liquidity.
TRIBUTE To LIQUIDITY implements the PoDL system by rewarding its users through a lottery system. Players purchase tickets with TRBT, with each ticket increasing their chances of winning the raffle.
Providing liquidity tokens directly to TRIBUTE users enables control to be passed directly to the participants as the project flourishes. This form of locking liquidity enables the users to have greater control over the behavior of TRBT and its price.
Over a period of approximately 100 days, the entire liquidity token supply associated with the TRBT/ETH pair on Uniswap will be fully distributed. This unique approach greatens the community’s influence in the project’s success in the long-term and is an improvement to the conventional liquidity locking in the form of direct burning from the team after listing.
Overall, this concept of shifting the control of the project fully into the hands of the community enhances trust and adds new layers to the game theory that is to be studied from the project.