What is LootBot? LootBot is a Bot on Telegram built and developed for those who want to participate in DeFi activities in a simple, convenient and easy way. So if LootBot has anything interesting, let’s find out together in this article.
To better understand LootBot, people can refer to some documents such as:
- What is Unibot (UNIBOT)? Unibot Cryptocurrency Overview
- What is Collab.Land (COLLAB)? Collab.Land Cryptocurrency Overview
What is LootBot?
Overview of LootBot
LootBot is a Telegram bot that automatically follows strategies set by users on many different Blockchains with the main goals being Airdrop/Retroactive and Farming.
LootBot’s operating mechanism is relatively simple:
- Step 1: Start LootBot on Telegram.
- Step 2: Transfer money to wallet and choose strategy.
- Step 3: The bot will automatically deploy according to the strategy.
The LootBot difference
LootBot focuses on Airdrop/Retroactive and Farming, so most of LootBot’s activities are through interacting with protocols on the ecosystem. Some of the differences to LootBot include:
- Each Telegram address allows creating multiple transaction wallets.
- Strategic with a high degree of customization.
- Have a Dashboard to track your strategies and results such as transaction volume, number of transactions, wallet age,…
- Announcement of new projects joining the ecosystem.
- Avoid Sybil.
Development Roadmap
Currently the new LootBot is supporting the ZkSync network and in the short future will integrate with all protocols on zkSync such as Mute.io, Maverick, Velocore, Space.fi, zkSync Name Service,…
In the longer term, LootBot shares goals for Q2/2024 mainly around market expansion and product improvement. Everyone can refer to more details about LootBot’s development roadmap here.
Investor
The project has successfully raised $200K from the community at a valuation of $400K.
Core Team
Update…
Tokenomics
Information about LootBot’s LOOT token
- Token name: Lootbot
- Code: LOOT
- Blockchain: Ethereum
- Token classification: ERC 20
- Contract: 0xb478c6245e3d85d6ec3486b62ea872128d562541
- Total supply: 10,000,000
Token Allocation
- Team & Founder: 5%
- CEX Listing: 5%
- Supply Added to Liquidity: 50%
- Seed Round: 50%
Token Release
- Team will be locked for 6 months then paid in installments over the next 9 months.
- Seed Round will be paid 33% at TGE and paid in installments within 1 month.
For a Tokenomics where investors are paid almost 100% within 1 month, everyone should be very alert before deciding to invest.
Token Use Case
LOOT holders will receive benefits such as:
- 50% discount on registration fee and 25% revenue share.
- Burn LOOT to receive xLOOT to receive 50% of protocol revenue.
- Become a participant in the Refferal program with a total of 5% of the fees collected from referrals.
Exchanges
LOOT is currently traded on Uniswap.
Project Information Channel
- Website: https://lootbot.xyz/
- Twitter: https://twitter.com/lootbot_xyz
- Telegram:
Summary
Will LootBot and Telegram Bots become mainstream when Retroactive explodes? What do you think about projects in the same industry?
Hopefully through this article everyone can understand more about what LootBot is?