🥕Rodney The Rabbit Update🥕
Summary / TLDR
🥕 Delbot dev has moved on but the Rodney team have engaged a new and much more professional development team who have created RODBOT. Testing begins imminently. The new development team is a registered company in the US and we are now able to offer a massively improved level of security and trading bot experience. Rodney will be re branded in line with Solana colours. Mage useage still in discussion. 🥕
RODBOT
🥕 Our new development team will host the bot and maintain it ensuring it us upgraded in line with any on chain improvements from Solana. The fees will be 0.5% for buys and 0.1% for sells. The 0.5% on buys will go to Rodney and the 0.1% on sells will go to Ladybot development team ensuring we get on going support and maintenance of the bot. The 0.5% fees will be split 90% to
$ROD holders (we may also introduce an NFT and a minimum holding requirement so distribution is automated) and 10% to the Rodney Team. The Fomo/Solana.fun team did not grant us access to some of their documents so we could build out the bot in time for their launch, which is a shame. This means that the bot will need to be updated once
Solana.fun is live, the devs will reverse engineer the pools so we can trade on the bonding curve tokens and new launches. So RODBOT will be tradeable across the whole Solana ecosystem once rolled out except Fomo which will be the first major update to it. 🥕
Development Team
🥕 Rodbot was built, hosted and will be maintained by our trusted development team. They have a great track record of "up time". They have already started the main bot code and running first tests tonight. Our development team are a registered US company trading under the following details:
LADYBOT LLC is now officialy registered as a LLC.
use command /certificate in chat 🥕
Wallet Security
🥕 Regarding encryption; every user will have their wallets encrypted with Fernet, and we will be using a cryptography encryption package, which is standard in blockchain applications. On top of that the user id in chat will be used to decrypt the key only for signing; that is standard for on chain activity, it’s encrypted for that one cycle.🥕
Mages
🥕 The team are still finalising the final split of mage revenue. At the start the team will use this to build the Rodney project infrastructure and ensure it has long term success and self sustainability. At the start the team will use the funding on loan repayment, marketing, buying supply for dev wallet (since its mostly been burned) etc. Once the foundations are built the mages will follow the RODBOT revshare split of 90% holders 10% team. Again, there may be a minimum
$ROD holding requirement and future
$ROD NFT requirement - this is still being discussed. Once the flexibility is no longer needed the Rodney team will install a multi-sig wallet for the dev wallet so there is no single source control, longer term. 🥕