Understanding the Liquidity Wallet & Locked LP in ULAND

Hello Ulanders!

We just want to clarify some confusion around how Liquidity is locked after Sales Events and messages like this on Poocoin and what it means — Long story short.. it doesn’t stay unlocked for long.

On Land Asset NFT sales, a portion of each sale is added to the ULAND/BNB Liquidity Pool, in large-scale sale events in ULAND, such as our Country Land Release Waves or huge surges in Land purchases, due to the overwhelming interest by you guys the amount of Liquidity is spectacularly large, and injects in one hit.

SIDE NOTE: The benefit of added Liquidity into our $ULAND Liquidity Pool is increased Price Stability and a show of confidence and stability in a project.

If you look at ULAND’s Price Chart here for example https://poocoin.app/tokens/0x9789df6753b7f813a1c55ed20ecf83571dfde428 which have sophisticated monitoring tools, soon after our events, you may see a message like this: “An unlocked wallet is holding XXX% of the ULAND/BNB LP”.

This is to draw your attention to a single wallet holder holding a large proportion of the Liquidity. So Poocoin is simply telling you to trade with caution!

However, Rest Assured…

This is our Wallet used for processing Liquidity, this message is quite normal to see in ULAND and will show periodically; and I’ll explain why.

When Liquidity is added in ULAND from Sales Events, unfortunately due to technical limitations in our Liquidity Locking partners, Liquidity does not lock automatically, and locking liquidity is a manual process. It is done strategically and when the holdings accrued exceed a threshold. Once an updated Liquidity Lock is placed to lock the outstanding Liquidity, the warning message then disappears.

If you look at the track record of ULAND, we have been consistently transparent on when, where and how we transfer and lock our Liquidity, by locking, we show our pledge to the long-term vision, that we are building something big here for the long-term and we hope this is transparent.

PS. History of these lock events can be seen by looking through our transactions on the ULAND Token Contract, where each time we have locked liquidity in batches.

The Liquidity Lock Provider is Team.Finance (On Tx records shows as Legion Network: Vesting) and our Locked Liquidity Certificate can be seen here: https://www.team.finance/view-coin/0x9789dF6753B7F813A1C55ed20eCF83571DfDe428?name=ULAND%20TOKEN&symbol=ULAND

@flume🌊& 57 Pixels
Founders — ULAND

Start your MetaVerse Journey Now.

Visit our website: https://uland.io

Read our Whitepaper: https://uland.io/Whitepaper.pdf

Earn 20% on mints via our ‘Refer & Earn’ program: https://uland.io/refer

Join the ULAND community in Discord and Telegram.

Follow us on Twitter for latest announcements.

Trade $ULAND Tokens on PancakeSwap.

Track the ULAND Price Chart.

BEP-721 ULAND NFT Contract.

BEP-20 — $ULAND Token Contract.

ULAND NFT Dapp Contract.

🌎

--

--

--

ULAND founded in 2021 is an exciting one of a kind MetaVerse DeFi NFT project mapped to Mother Earth. Own a country, grow your assets & passively earn.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

This Week: Vesper-on-Polygon Launches Into Beta, Vesper Q3 Report Released, and More

HOW TO USE THE STAKING FEATURE ON S-WALLET

HOARD: ICO REVIEW

Ecto Wallet — The Basics

Reserve Adoption Update

Bitcoin Short is Paying Off! Are you bullish or bearish?

Win a Whitelist Spot for NeverRug Presale!

This crypto project will be huge: Decentralized perpetual exchange on Avalanche

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
ULAND

ULAND

ULAND founded in 2021 is an exciting one of a kind MetaVerse DeFi NFT project mapped to Mother Earth. Own a country, grow your assets & passively earn.

More from Medium

New Banksy DAO Token

Chapter 1: A New Dawn — Boundless

Atlas DEX — Telegram AMA — January 21

Evedo AMA Recap Crypto Revolution Masters Community