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Unverified #32

The LBP Ledger — 1.88 WETH In, 829 Out, in Three Days

The LBP Ledger — 1.88 WETH In, 829 Out, in Three Days
You can rebuild CAW's entire initial sale from the ledger alone — no price chart required. ❶ The seed (Apr 14, 2022, 05:26 UTC): the deployer opened a Copper (Balancer) Liquidity Bootstrapping Pool with 1.88 WETH and 466,666,666,666,666 CAW — 466.666 trillion, exactly 70% of the fixed supply, and a patterned number in its own right. By design the weights were set to glide from WETH 1% / CAW 99% toward 99% / 1% over ~3 days, with a 2.5% swap fee (all read straight from the createLBP call). ❷ The exit (Apr 17, 2022, 05:45 UTC): the deployer called exitPool and pulled 829.04 WETH and 2,316,160,983,150 CAW back out — meaning roughly 99.5% of the seeded CAW had been bought out of the pool across those three days. ❸ The two-minute relay: at 05:46 the WETH was unwrapped to ETH, and at 05:47 — barely two minutes after the exit — 828.06 ETH was sent onward to a second wallet, 0xbaeED…1705 (Etherscan tags it 'Funded by CAW Deployer'). The proceeds didn't rest with the deployer. 🔍 Observatory: every figure here is on-chain and checkable tonight — seed tx 0x0e4a…d730, exit tx 0x38c6…993c. And the mechanism matters: an LBP is built so the token's weight decays, so without steady buying the price falls — the earliest buyers tend to pay the highest, not the lowest (the same truth as the '1.8 ETH' entry). No rug, no drain, no exploit — just a fair-launch mechanism, laid bare. The one thread still worth pulling isn't the sale; it's the destination. If you ever trace where CAW's launch money went, you start not at the deployer, but at that second wallet, two minutes later. 🐦‍⬛

Source

Etherscan (on-chain) ↗

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