Rooty, the Beetbot:
Rooty is a community-driven ape bot, designed to enhance token utility and boost community engagement. Some of our older community members have already had a glimpse of how Rooty works, as this is the second iteration of our old bot, Toshi; and they know its power.
Rooty will receive transfers from community members and engage in buying and selling activity on their behalf.
While in Buy Mode, and using a deposits and orders tracking system, Rooty will build a "Round" with all the users that have transferred funds and start making small buys while assigning the proceeds (the tokens bought) to the specific users included in the round.
While in Sell Mode, Rooty will build a "Round" with all the users that have assigned tokens available to be sold. Making the inverse process, Rooty will assign the proceeds from the sale to each user, and these funds are going to be sent to each user's wallet.
Rooty includes a voting system that allows community members to switch the mode, propose new tokens to be added to the "Traded Token List", change the allocation that each token will have, and more.
We think this is an amazing tool that will help with community engagement and enhance project visibility, as the bot facilitates buys and sells not only in Beetcoin pair but also in other token pairs voted by the community.
You can read an in-detail guide about the old version of the bot, Toshi, at this link:
DISCLAIMER: DO NOT TRANSFER FUNDS TO THE OLD BOT, OR ENGAGE WITH ANY FEATURE, APP, OR ACTIVITY MENTIONED IN THE GUIDE ABOVE. Those instances belong to the old project, and the guide is shared exclusively for informative purposes.
Rooty as a revenue stream:
Communities and users will be able to implement their own instance of Rooty, configure fees on deposits, initially add up to 3 pairs to trade, and launch community votes using their own token. This can be a valuable resource for many projects, as it will create immediate token utility.
Cost: starting at around 44 USD/month per instance (Paid in Beetcoin).
Fees: Sold instances will have a fixed 0.003 SOL fee on deposits. These funds will be used to buy Beetcoin, adding buying pressure.
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