Lots of rugpulls out there

Here’s some things you should check for before minting a rune 👇

What’s a premine?

A premine is the etcher of a rune minting an X amount of runes at launch, and airdropping it to themselves. They can choose how much, up to the total supply.

What’s a fair premine?

Ideally, zero. But degens gotta eat too, it’s only natural that the founder of a rune wants a little slice of the pie to themselves.

The problem is when they’re greedy.

Anything double digits is unacceptable, period. SATOSHI•NAKAMOTO got away with this because they are the #7 rune to be etched.

Let’s do some maths.

Anything double digits is unacceptable, period. SATOSHI•NAKAMOTO got away with this because they are the #7 rune to be etched.

What’s your piece of the pie should you choose to mint?

Calculation: limit per mint / max supply

Example for SHITCOIN•MILLIONAIRE: 1,000 / 21,000,000 = 0.000048 (this is the most basic tokenomics you can go for, it’s what the original ORDI on BRC20 did)

Therefore, you’ll own 0.000048 of the entire supply per mint. If you see anything more than 4 leading zeros, it’s a scam. Not worth it.

You’ll own too little that even if it goes to the moon somehow, your bag won’t be worth much.

Stay safe, and always do your own research.