Gas War: 5338 Pieces of UNCT Failed to Mint
This exhibit records a Gas War in the 2023 Inscription Season, in which at least 1 BTC was killed.
War Relics:
https://www.oklink.com/btc/address/bc1p0q9d6w22zdaz6wcy98zkfs5fnvdvgmh8hsn8qs5nhtth96w8zztsf6wp63/token-transfer
Exhibit Introduction:
Uncommon Labs (hereinafter referred to as ULabs) deployed a BRC20 token UNCT on December 23, 2023:{"p":"brc-20","op":"deploy","tick":"unct","max":"69299990000","lim":"6929999"}.
Subsequently, ULabs began to mint. According to the plan in the white paper of Uncommon Token, 40% of UNCT must be minted into the Vault, otherwise the vision of UNCT will not be realized. Originally ULabs thought this was an easy task because the Gas Fee at this time was only 73 sat/vB. After ULabs sends some mint commands to the memory pool, mint information is published on Twitter.
Things quickly became crazy, with people swarming in along with a large number of robots, and the Gas Fee was quickly pushed up to over 300sat/vB. In order to achieve the mint goal, ULabs had no choice but to do more than 2,000 additional mints, for a total of 6,711 mints. When the Gas War ended, ULabs found that 5338 Pieces of UNCT failed to mint, and only 1373 Pieces of UNCT were successfully minted.
This is a failed Mint because only 13.73% of UNCT was minted in the Vault, far lower than the initial target of 40%. As a result, UNCT will not be able to realize the vision in the white paper.
This is also a successful Mint, because it demonstrates the spirit of Fair Launch. The project team and community members obtain tokens at the same cost, and no one who loses in the Gas War can get tokens.
After discussions with the community, UNCT was eventually converted into a meme coin to commemorate this event. A new token, UTOK, was airdropped to UNCT holders in proportion and will assume the mission of the white paper in the future: Anchoring Uncommon Sats.
The Inscription came to this world to do only three things: Fairness, Fairness, and Fairness!
中文版:
Gas War: 打废了5338张UNCT!
这件展品记录了2023年铭文季的一次Gas War,至少1个BTC阵亡于此。
战争遗址:
https://www.oklink.com/btc/address/bc1p0q9d6w22zdaz6wcy98zkfs5fnvdvgmh8hsn8qs5nhtth96w8zztsf6wp63/token-transfer
展品介绍:
Uncommon Labs(以下简称为ULabs) 在2023年12月23日部署了BRC20代币UNCT:{"p":"brc-20","op":"deploy","tick":"unct","max":"69299990000","lim":"6929999"}。
随后,ULabs开始进行mint,按照稀有币白皮书的计划,必须 mint 40%的UNCT进入金库,否则UNCT的愿景将不能实现。原本ULabs觉得这是一个容易的任务,因为此时的Gas费仅仅73 sat/vB。当ULabs将一些mint命令发送到内存池后,就在推特上发布了mint信息。
很快情况就变得疯狂了,人们伴随着大量机器人蜂拥而入,Gas费迅速被推高到300 sat/vB以上。为了完成40%的mint目标,ULabs不得已又额外mint了2000多次,总计进行了6711次mint。当Gas War结束后,ULabs发现打废了5338张UNCT,成功mint的仅仅1373张。
这是一次失败的Mint,因为金库中仅仅Mint了13.73%的UNCT,远低于40%的初始目标,这样的话,UNCT将无法实现白皮书中的愿景。
这也是一次成功的Mint,因为这彰显了Fair Launch的精神,项目方和社区成员以相同的成本获得代币,不管是谁,只要在Gas war中落败,都无法得到代币。
经过与社区的讨论,最终UNCT转为一个meme币以纪念这次事件,一个新代币UTOK按比例空投给UNCT持有者,将在未来承担起白皮书的使命:锚定稀有聪。
铭文来人世间只办三件事,公平、公平、还是公平!