Lotus/Fork Drawbacks
JIMBO - LADDER - LOTUS
JIMBO
Token liquidity rebalancing had multiple theoretical vulnerabilities.
JIMBO's anchor bins leaded to a siphoning of the ETH LP to a Flash Loan attack. Good Effort.
GOOD NEWS!
$LILY not vulnerable to this type of attack as we don't have liquidity gaps and do not rebalance ETH LP above the floor bins.
There are no anchor bins nor do we need to rebalance the $LILY tokens due to the liquidity schema.
LOTUS
Has insurmountable sell walls that will occur after every floor sell-off event.
Zero tax enforcement.
They are possibly vulnerable to a Flash Loan Attack Vector.
5.2M lotus @ 0.45c is the current wall that has to be purchased before the price can rise from the floor. It will then whiplash between ~87c and ~45c.
LADDER
Has price whiplash issues due to burning near-floor token sales while not rebalancing token LP.
For some reason they do not burn the sells ON the floor.
They blacklisted pools and enforced taxes well.
They are possibly vulnerable to a Flash Loan Attack Vector.
Disclaimer
Onyx Lily tokens are released via a Trader Joe v2.1 Liquidity Pool. The purchase of Onyx Lily tokens does not constitute an investment contract or any form of investment advice.
Onyx Lily no guarantees or promises about the future value or performance of the token, and the value of the token may fluctuate significantly.
Also note that it might be illegal for you to own Onyx Lily depending on your jurisdiction, check with your local laws.
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