Hi there
(I'm new to the world of crypto and I'm still a noob and confused so please help me with your answer) As a note I have read this: How to restrict pancakeswap users from adding initial liquidity for my issued token?
Let's look at this scenario: Bob created and launched a new token on BSC with 1000 total supply with name "test". Bob also created a new pair with 80% of the total supply with 800 wbnb (test800 / 800 wbnb). So each test token worth 1 wbnb and Instead, he receives 20 new LP-tokens. Bob burned all the LP tokens by sending them to Dead-Wallet (or used any other locking platform), so far so good.
As nowadays everybody know, whenever someone trades on PancakeSwap, the trader pays a 0.25% fee, of which 0.17% is added to the Liquidity Pool of the swap pair they traded on. https://docs.pancakeswap.finance/products/pancakeswap-exchange/pancakeswap-pools
A new buyer arrives, buys 100 of my tokens (test) and opens a new pair 100test/300wbnb (Or the same old LP is used) what will happen ?
Will my token price increase?
What if a new buyer creates a new pair with USDT?
How do I create an initial price for my new token?
Is it my first LP that creates my initial token price or the second LP?
My most important question is:
How can I limit and restrict my LP from adding new pairs by others?
with thanks
I searched a lot on the internet, but no one mentioned it, or at least it was not simple or understandable for an amateur like me. I tried it myself on the Testnet network. The initial price of my coins was built according to my initial pool, but apparently everything changed when I built the second pool.
You cannot. If a token is transferable, it is also freely tradeable.