Uniswap founder Hayden Adams discussed his eight important guidelines for launching ethical tokens. These recommendations came about as a result of recent public criticism directed towards token transparency and equitable distribution within the cryptocurrencycurrency industry.
Making sure the group has enough money to finance everyday operations is another concern. Adams advises listing enough tokens on DEXs in order to reach the target price as a result. In addition, he supports a decentralized approach over a centralized one, claiming that the latter will only lead to “malicious” circumstances.
Adams is adamant on being honest, upfront, and refraining from lying. You should cease adding tokens to the pool and deceiving people in order to inflate your stats. He counsels project managers to appeal to feelings and intuition but to convey just facts, not rumors.
The remaining tenets include removing price manipulation strategies, distributing a sizeable portion of the token supply to the community, and capping the supply of tokens. Adams concludes by advising those who create projects to focus on sustainable development and have a long-term perspective.
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