Searching for a Contract

YES, THERE ARE A LOT OF RULES AND GUIDELINES - READ IT!

Now that we have Bagheera fully set-up and we’re eager to snipe the next big launch – we actually need to take a step back to remind ourselves that majority of contracts are either copycats, rugs, honeypots, or will not maintain momentum - overall not where we want to inject our funds.

Below is a checklist that you must use prior to entering a contract:

• What is the ticker name? Is it unique? Has it been used elsewhere recently?

• Are there any linked socials? (Twitter, Telegram, Website)

• What is the quality level of their socials? Are they active? Is the website well made?

• Is there any supposed utility attached to this token?

• Have you searched the ticker on Twitter for any sentiment?

• Was there any clear presale that was active for this ticker? Was it fair launched?

• What are the active taxes per trade? Any limits or red flags?

• If trading is live -

o Have you checked Honeypot or Tokensniffer?

o How much liquidity has the deployer provided?

o Have you used the holder analysis tool to confirm how the liquidity is dispersed?

o Do top wallets hold a high percentage of the liquidity?

o How has price moved since launch? Would this be a potential good entry?

o What is the total market cap vs. time since liquidity added

There is no perfect science to trading fresh launches but by doing some (timely) due diligence you can avoid many of the poorly put-together contracts.

Thankfully we have Bagheera to provide us with various channels of filtered contracts which will immediately remove a vast amount of garbage.

We can then monitor the filtered contracts by using the checklist above and strike if deemed fit.

Essentially, we want to find:

• A unique concept/ticker

• Has well-made socials that are active throughout

• Contract deemed as safe as visibly possible

• An entry point in which we are comfortable taking

Now that we know what we are looking for regarding higher probability setups, we can dive into entering a position once we find a contender and the various methods to do so.