most token launches aren't decided by the community
they're decided in the first few blocks, usually by whoever runs the fastest bot
the pool opens, snipers grab the cheapest supply, and everyone after them ends up buying from them
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@CashmereLabs is taking a different route with $CSM
instead of hoping the first hour goes well, they wrote the rules directly into the pool
there's only one official pool, native ETH / CSM on Uniswap v4, opened by Base Camp in the launch transaction
Base Camp seeds it with 66.6M CSM, plus a narrow position from the first 25 ETH of the Barn sale, right next to the launch price
and no function can remove or move either of them
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then the launch tax takes over
it starts at 90% on both sides and halves every 4 minutes
by minute 10 it's around 18%
by minute 20 it's under 6%
after the first hour it settles at 2% on buys and 3% on sells, paid in ETH to the Gatehouse
there's also a cap during that hour
no pool buy can take a wallet above 799,200 CSM, so nobody can corner the supply early
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the logic is simple
the first minute is the most expensive minute to buy
speed stops being an advantage, and patience gets cheaper
one more thing worth keeping in mind
fake CSM tokens already exist, so the only address that matters is the one on the official Contracts page