TLDR:
Yeet will be doing a public sale on Ramen Finance, starting Friday 6th February at 5pm UTC
The type of sale used will be Price Discovery Mode
Up to 8% of the $YEET supply will be available for sale, with a price floor of $12.5m FDV
Buyers receive 100% of their purchased tokens liquid right after the sale
Sale will last for 69 hours, ending on Monday 10th February at 2pm UTC
Meow meow woof woof Yeet Yeet
What will happen right after the sale?
All participants will receive 100% of their tokens immediately, with no vesting or cliff
A Uni-v3 pool will be opened on Kodiak immediately at the same valuation the sale concluded at, and liquidity incentives from Kodiak and Beradrome will begin
Protocol deployment will happen 24 after sale is concluded, and the Gigabonzi will begin at 2pm UTC on Tuesday the 11th
Yeetard NFT holders' initial airdrop becomes claimable when protocol goes live. More info on the airdrop can be found here
Yeetonomics
$YEET Utility
Stake to make shmoney
9% of total yeeting volume is deposited into the Liquidity Trifecta Vault, and newly minted vault share tokens are awarded to stakers
Staker revenues are farmed and compounded on behalf of users, and provide liquidity to $YEET
Allocations
Emissions schedule
How will the sale work?
It will be a sealed-bid auction (AKA Price Discovery Mode) where buyers make encrypted bids expressing how many tokens they want to buy, and at what FDV.
When all the bids are submitted, they are sorted highest to lowest and tokens are awarded to the highest bidders first
Everyone gets the same clearing price as the lowest successful bidder
So if you overbid, you get a cheaper price and bonus tokens
If you underbid, you don’t get any tokens but you get all your money back
Fundamental analysis on Yeet
Stats for nerds
5.22m+ $BERA testnet yeeting volume
$6.01m+ USD testnet bonding volume
103.5% annualized $YEET staking APR (highest staking revenue on Berachain testnet)
All staker revenue is real yield generated from app usage
33.2k unique $YEET stakers
One of the earliest, and most used apps on Berachain testnets
Data accurate as of 8th January 2025
FAQ
Am I yeetarded? Yes, extremely.
Wtf kind of project is this anyway? It’s a thermonuclear, weapons-grade, enriched-uranium, giga bonzi. Stay far away.
Wat color lambos will you guys buy? Yellow obviously
Wen $YEET ETF? H3 2025
Wen rug? Right after launch
Collect this post as an NFT.
First henlo Yeet!