The story of TG bot continues, and recently, the focus of discussion has been on a bot project called "Banana Gun." The project has recently released information on token economics, airdrops, and token pre-sales, which has attracted attention. In addition, data from Dune shows that Banana Gun also has a large user base. The most well-known bot projects among users are Uinbot and Maestro. However, while everyone was still immersed in the afterglow of Unibot, Banana Gun had already become the preferred bot tool for many whales/KOLs, and is currently recognized as the fastest sniper robot in the TG market.
Many people are optimistic about this project because of the groundwork laid by Unibot and the sniper opening of Banana, which allows users to manually act as scientists. Let's compare some data between Unibot and Banana Gun:
-Unibot: Market Value: approximately $85 million, FDV: approximately $85 million, 5% transaction tax;
-Banana Gun: approximately $1.3 million (800 ETH, accounting for 20%), FDV: approximately $6.5 million, 4% transaction tax (2% for BANANA holders, 1% for the team, 1% for the treasury);
Currently, Banana Gun's market value is not as high as Unibot's, but the number of users is approaching that of Unibot. Overtaking Unibot under the hype of the pre-sale is only a matter of time. For an introduction to Banana, token economics, and pre-sale-related content, please refer to: "How much potential does the upcoming dark horse Banana Gun have to surpass Unibot?"
One advantage of Banana Gun compared to other trading bots (mirror bots) is that it specializes in sniper openings, allowing users to snipe upcoming tokens or trade already issued tokens. Next, let me introduce to you the specific gameplay and rules of this project.
How to use Banana Gun
Enter TG and search for BananaGunSniper_bot (pay attention to distinguish between real and fake).
Click to set and choose the wallet that suits your judgment. User configuration is as follows:
Next, we will explain the meaning of some important configurations to help you better experience Banana Gun.
Auto Snipe Tip (for tokens not yet launched)
Set how much additional ETH you are willing to pay the block builder as a bribe to snipe faster than other users. This only applies to planned snipes of tokens not yet launched. Note: Banana Bot uses ETH as the standard bribe, not GWEI. In addition, Banana will use 100% of the input amount, so consider how much ETH you are willing to spend.
Manual Buyer GWEI (for already issued tokens)
This setting represents how many additional GWEI the supporter is willing to pay. Using more GWEI can allow the user to have a higher priority in the block for planned purchases of already issued tokens.
Slippage
Normal slippage falls within the range of 0-100%. For robot projects, it is important to consider the scale of the transaction, market volatility, and liquidity pool depth. Be sure to set a slippage value that suits your risk tolerance.
First Bundle Backup Tip
If the token is on a deadblock or issued by MEV, it will cause "First Bundle or Fail" to fail. In this case, First Bundle Backup will come into play. First Bundle Backup is a fallback sniper mode similar to First Bundle or Fail, where the block builder pays additional ETH as a bribe to enter earlier than other snipers. Note: This option only applies to MEV launches and tokens on deadblocks.
Approve GWEI
Set how much additional GWEI to use for token approval at purchase. More GWEI can put the transaction in a leading position.
Sell GWEI
Set how much additional GWEI to use for token approval at sell. More GWEI can put the transaction in a leading position.
Max Buy/Sell Tax
The sniper/manual buyer will trigger the transaction only if the purchase tax/sell tax of the selected token is equal to or below the set value. The Banana Gun will operate within the same block as the tax changes.
Min/Max Liquidity Value
The sniper/manual buyer will trigger only when the liquidity of the token is below/equal/above the amount set by the user.
Wallet Settings
Users can connect up to 5 wallets in the Banana Bot. Users can choose to import a wallet or use the wallet generated by the Banana Bot. Banana does not collect the Pkey of bot wallets.
Snipe Token
After setting up the information, users can sniper tokens that have not been launched. First, paste the contract address of the token on the Banana bot. The bot will ask the user how much ETH they want to spend, and then set the number of wallets. The sniper token feature charges a 1% fee. In addition, the Banana Gun will also set the maximum purchase amount for each wallet.
After the settings are completed, as shown in the figure below, the numbers 0.03/0.02/1 represent: how much ETH the user wants to spend / bribe or sniper fee / number of wallets.
When users want to manually purchase issued tokens, they also need to paste the CA. Banana will send detailed information about the token, and users can decide how much ETH they want to spend based on their selection. If the maximum wallet is less than the quantity of token that can be purchased with the selected ETH, it will purchase the maximum wallet with the required ETH amount, and the remaining ETH will be returned to the wallet. A 0.5% fee will be charged for the token purchase.
You will receive a notification from Banana when you successfully purchase tokens, and there will also be some information about the token, such as changes in tax, rug, market value, liquidity, etc.
Banana Ecosystem
The mechanism of Banana can be used to incentivize and maintain the development and balance of the Banana ecosystem. The internal logic turns the TG bot into "users" and turns users into investors of the project.
Profit sharing for token holders
BANANA holders can earn income shares on the Banana dApp, with income coming from 40% of robot trading volume and 50% of taxes, in order to incentivize Token holders and maintain the stability of BANANA price.
Note: Only unlocked tokens will be included in the profit sharing, except for 50% of the team tokens, which must be held before the snapshot to be eligible.
User Rewards
Users who complete transactions through the Banana robot not only receive income sharing but also receive some BANANA. The criteria for rewarding BANANA holders are:
BANANA Reward = Paid Fee x Multiplier (between 0.05 and 1), which can be claimed on their official dApp.
However, over time and as the number of users increases, these BANANA tokens will become inflated. Banana has already taken some measures to address this:
Offsetting most of the inflation through a 1% treasury repurchase;
Adjusting the multiplier (0.05-1) to balance token issuance;
Destroying BANANA to counter inflation;
High yielding shares of the token are also favored by holders;
A flywheel created by Ape to earn, which increases trading volume and income through bots, increases token trading volume, charges more fees, and generates more taxes for repurchase and emission, keeping inflation relatively low, as shown in the figure below:
In addition, Banana has stated that deflation/inflation will be determined within the range of -30% / +30% and will be influenced by three main factors: Token price, Bot trading volume, and total trading volume.
Airdrop Details
Although the Banana gun airdrop accounts for a small proportion, it still attracts attention. This airdrop is divided into two parts: one part is for Banana NFT holders, and the other part is for those who have completed official social tasks for the project.
According to the difficulty of obtaining each NFT, Banana NFT can be divided into five types: The Sniper, The Cannoneers, The Turreter, The Dual Wielder, and The Tank Operator. Each NFT comes with different points, and the airdrop shares are settled based on these points. The calculation is to multiply the points of each type of NFT by the total quantity, then add them together to get the total points of all NFTs. Divide 100,000 BANANA by the total points and multiply it by your own points to obtain the specific amount of BANANA you will receive in the airdrop, or you can claim it in their dApp when the gas fees are low.
However, the specific details of the social task airdrop for Banana have not been announced yet.
Conclusion
Although many users are not eligible to participate in the presale, based on the experience of Unibot, most people predict that the token will skyrocket after it is listed. What's interesting is that many people say they will use the Banana Gun to snipe BANANA, saying "I'm going for it myself." Since everyone is bullish on BANANA, it's time to learn how to use it and the specific rules. DYOR!
