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Pump Science|Feb 25, 2025 00:12
re: GOSSY
on saturday GOSSY launched on pump science
drug dev purchased 35% with a dev buy
after sending (the agreed) 4% of the token supply to @vita_dao, they distributed the remaining tokens across multiple addresses and began dumping the dev buy
we immediately confronted the drug dev
while initially denying involvement today the drug dev announced they're stepping down
https://x.com/GosCateXyz/status/1893959136922190195
we were able to get them to return all of the 52 SOL in profits from the addresses we identified and used it to buy back and burn GOSSY tokens
buy:
https://solscan.io/tx/45Dck1Q9M7w6DzqmMYbiEqjy2u1DyByy2s1tHXUH36TEWeCSZmXPsMJpyNLQaQwQYrNvE38vjqMBrxiqVzsRTmfe
burn: https://solscan.io/tx/4AiwkP2DwPt2AvobbpMWxF3u5D3wveBTAEvZQc7bY6gLyMcyWC29upqQgPRxWLvLpiFSqfkZZenYyc4F3a8mWBjv
current status:
> all remaining GOSSY tokens have been transferred to vitadao
> @GosCateXyz socials are now under our control
> fly experiments are being initiated
GOSSY is now CTOd
our community is everything and rebuilding your trust is our top priority:
> all compound launches are temporarily halted
> community call tomorrow to answer your questions
> redesigning the drug dev incentives
how should the drug dev be incentivized? should we get rid of the dev buy? should the devs only get trading fees?
share your thoughts below
https://x.com/i/spaces/1rmxPyWmVNdKN
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