Hello HODLers,
Today I want to talk about a token that I have been HODLing for a while for various reasons.
When Binance Smart Chain was the hot s***t back then I bought $BOG tokens. These are tokens used by https://bogged.finance/ .
You might have heard of this project because it was hacked / abused many weeks ago. They managed to airdrop new tokens to previous holders but the price tanked from 10-15$ to 1-2$ today.
Nevertheless, I was positively surprised with the way they handled it as they could have just shut down the project.
This is a cool platform that allowed you to see price charts of many tokens as the poocoin website. But it also had some cool features such as:
- Swap
- Limit Orders
- Stop Loss
- Sniper
- Staking (added a few weeks ago)
If I am talking about this token today is because I have heard the Sniper feature helped some users to make some good money.
What it does is try to frontrun other users when a new token is launched in order to get it at the best price possible. You can even pre-fill your sell order at 100$,200% profit ... automatically.
BUT; you need at least a 750 "priority" to use the service. What is it you may ask.
It is a calculation to make sure you are also part of the $BOG ecosystem; below is the way they calculate this score:
Your BOG balance counts towards your priority at a rate of x1, your BOG stake counts towards your priority at a rate of x3, your LP stake counts towards your priority at a rate of x12.
Sounds juicy right!? Too good to be true? This is why I wanted to test it live and I am gathering information about it.
The video below is quite detailed and I just need to find new legit token launches now.
Farming while waiting for the opportunity
I had been staking my $BOG tokens to get some kind of return. They recently announced that they will have a farm on https://apeswap.finance/ and considering the very nice APR for a pair that I like, I joined.
Bogged.Finance has been continuously developing some feature and new use cases for their token and therefore I am happy HODLing to my tokens even if in loss following the hack/exploit.
I will keep you updated if I end up using the sniper feature.