Announcement Regarding The Current $JAGER Trading Failures On PancakeSwap And Resolution
This was an unforeseen event. From the very beginning of $JAGER's launch on May 1st, the team renounced ownership of the token contract and made no code modifications. While "community-first" and a true on-chain spirit might not matter to other memecoins, it is everything to $JAGER.
Phase 1 and Phase 2 of $JAGER have achieved remarkable success. Phase 1 activated 1.4 million active and dormant BSC addresses. In Phase 2, we redistributed all unclaimed $JAGER airdrops over a 7-day period as rewards for liquidity providers in the $JAGER-BNB pool.
However, the success of Phase 2's liquidity incentives also introduced an unexpected issue: At present, $JAGER's FDV stands at $4.9M, with $3.6M of that locked in LP. PancakeSwap v2 imposes a hard cap—no single LP can hold more than 35% of a token’s total supply. The $JAGER-BNB v2 pool has now exceeded this limit, which may trigger transaction failures for large sell orders.
Upon identifying this issue yesterday, the $JAGER team immediately engaged in close coordination with
@PancakeSwap devs. We sincerely appreciate their support and guidance in resolving this matter.
$JAGER Team’s Recommendations & Future Plans
1⃣️LP Unlock Timeline
- The majority of $JAGER-BNB LP tokens in PancakeSwap v2 were deposited on May 8th with a 14-day lockup period.
- Starting May 22nd at 10:00 UTC, these staked LP tokens will begin unlocking and can be withdrawn.
- Once this occurs, the current large-sale failures will be resolved as the LP ratio naturally rebalances below the 35% threshold.
2⃣️Strategic Tax Design for Long-Term Liquidity
- Prior to launch, the $JAGER team deliberately structured liquidity pools with foresight:
- PancakeSwap v4 (0.01% fee pool): No taxes were applied to ensure a low-slippage trading environment, enabling future organic liquidity growth.
- Automatic routing: Users executing trades will default to the pool with the best price and depth.
- Even after the v2 LP unlocks, the pool will continue to be reinforced by 20% of every transaction’s tax, which is automatically converted into LP tokens and sent to a dead address.
- This dead address has already accumulated $200K worth of $JAGER-BNB LP, ensuring that the v2 pool maintains sustainable depth and rewards long-term holders of 146B $JAGER.
3⃣️$JAGER’s Long-Term Vision
While expanding to more CEXs and growing the user base remains a priority, the team is committed to preserving 50% of tax rewards for holders—because even Hunters deserve some downtime.
Do you enjoy Hunter Time? Do you love $JAGERBNB?