$BALLAST is live. Chapter II.
CA: 0xDc605041F02e41CbD8FDC347023e93C4c3fA243C
The protocol's own token is the first launch on our new factory, and it opened under the same rules every Ballast launch follows:
• Paired with
$NVDA and
$WETH. Two pools, one token.
• Opened at a 1
$ETH market cap in both pools. The
$NVDA pool was priced from Chainlink at open, so both started at the same valuation.
• 100% of supply went into the pools. Liquidity is locked by a contract with no removal function.
• 0% to the creator. Not withheld, not vested. None.
Buy with
$ETH, whatever the pair
On
ballasted.fun,
$ETH routes into the
$NVDA pool through Ramses in one transaction, or straight into the
$WETH pool. Anywhere that trades
$WETH pairs can reach it too.
Fees
Every trade pays a 1% fee. For
$BALLAST, the fees go to the protocol Safe (2-of-3 multisig). 20% is committed to buyback-and-burn of
$BALLAST. Until the on-chain splitter ships, those buybacks are executed from the Safe in public, every one on chain.
For v1 holders
The snapshot taken earlier today stands. Details on how the claim works come next. The v1 pool stays tradable, but v1 is no longer the protocol token.
New factory: 0xa32b9870A1B77544Eb4e044Cae9f3e62A1F71f67
This is the only official
$BALLAST address. Any other is fake.
ballasted.fun/app/discover