Cerby Finance
DefiFactory Token
The project was initially launched as DefiFactory Token, which was focused on anti-bot technology to protect our investors. The project addressed the following types of bots:
  1. 1.
    Front-running bots that buy before the holder buys and sells right after leaving the user with a worse entry price
  2. 2.
    Sniping bots that buy the token right after adding the liquidity and selling after a wave of real buyers, leaving them with very low liquidity and a worse entry price.
  3. 3.
    Trading bots that 'nibble' the liquidity by making quick trades.
  4. 4.
    Balancing bots that are making sure various pools on different DEX'es having the same dollar equivalent price.
Our team funded the initial liquidity with 22 ETH. The total supply was set at 100B (hard cap), 70B of which went to initial liquidity along with the 22 ETH. The remaining 30B was added to the Team Vesting Contract.
With a fair launch (no presale), liquidity was added during a live stream on YouTube. Everyone had an equal opportunity to buy the tokens at a low price. However, sniping bots were faster than regular users because they were using etherscan.io interactions, which we did not consider a threat at that time. We learned from the mistake and upgraded the bot protection.

Other DEFT Features:

We had several innovative ideas included in the DEFT token:
  1. 1.
    A taxing system that taxes holders on every transaction and redistributes 100% of the tokens to other holders.
  2. 2.
    A 2-level referral program that gives referrals a small percentage of the referral purchase on DEX.
  3. 3.
    Anti-pump & dump tax that does not allow you to buy and instantly sell - you will be taxed more rather than if you wait to sell later.
More information is available here: https://t.me/CerbyToken/57661
Copy link