I got a few questions:

- Why copy pasta PEPE meme coin?
- In a scenario this happens, why not LBP first rather than straight to xyk pool?
- You got any further info on future plans, tokens, etc? 

hi fren

PEPE is like froggies that multiply and spread. PEPE is public domain brand with a dank meme culture. frens can hit the ground runnin with hot pepe memes instead of trying to make up somethin new

sry for xyk idea. if LBP is better we can look into that!

step one of the grand plan is to be accepted on some defi parachain first to get pumpin. then people can discuss wat is best for PEPE. maybe we airdrop some, maybe nft sale. we are open to everythin fren! we just need to find our defi home and the meanies at karura is not it

[@bXh7...bpPA](bXh7EuZRcG15iVDKpDQ3gEaftGHsGXQ4nVtBM21BSmxGrbpPA-basilisk) from what i see the current proposal, is it simply to register the pepe token? how we can mint and remove the power from mint more pepe in Statemint? who has ownership right now?



[@Jose Crypto](bXmzE17bpRpyTi2EBJUCCGkpsdvVR9Y64cR7AT7iso7xKngcm-basilisk) hi fren!

once PEPE is registered, we can talk about mintin supply. once we figure somethin out i can mint PEPE and XCM all of it to snek treasury. then I can submit an `assets.setTeam` extrinsic on statemine to set all roles to [snek sovereign account on statemine](https://statemine.subscan.io/account/FBeL7DbPLPQdoMHRSyBnGuZsHfWb1N3bpbJxqgiQZDv8Bu5). methinks snek governance can execute Statemine calls (on behalf of snek sovereign account) from snek chain, if everybody is thinkin we need to mint some more we can since PEPE would be controlled by snek governance.

[@bXh7...bpPA](bXh7EuZRcG15iVDKpDQ3gEaftGHsGXQ4nVtBM21BSmxGrbpPA-basilisk) 

Before registering the token, I would like to know all these steps on how it is possible to ensure ownership, and that no more tokens are minted by mistake, you have the call data for that ?

for now I would vote NAY and hope to make a new discussion in mind to give the other holders time to establish some concrete opinions

I would be open to this, if more time is given for discussion, the proposal is interesting, would you like that approach?

[@Jose Crypto](bXmzE17bpRpyTi2EBJUCCGkpsdvVR9Y64cR7AT7iso7xKngcm-basilisk) yes fren, here are the steps all on statemine:

1. mint pepe after registered on snek and at the same time revoke permissions. this $PEPE will go to the pepe wallet only cuz it will be much easier to xcm it to snek treasury. if i minted PEPE to snek sovereign account on statemine it would be very cumbersome to move them since it would have to be done by snek governance. you'll have to trust me fren! and if i don't xcm it to snek treasury just warn people not to buy and call me scammer. here is the statemine call data that would mint 1000000000 PEPE and move permissions from me to snek sovereign account: `0x280408320635730016bf3fc686478758423b386cc63e2ce7e19525ab755082582c9af06af968296323000000e83c80d09f3c2e3b0332103573007369626c2a080000000000000000000000000000000000000000000000000000007369626c2a080000000000000000000000000000000000000000000000000000007369626c2a080000000000000000000000000000000000000000000000000000`
2. I would then xcm the PEPE right into snek treasury like so: `0x1f0803010100a92003000101006d6f646c70792f74727372790000000000000000000000000000000000000000030400000204320535730023000000e83c80d09f3c2e3b030000000000`

After that, all the PEPE i minted would be owned by snek on the snek chain and PEPE on statemine would be totally controlled by snek sovereign account which could be managed by governance. If snek wants to mint more, methinks governance could do somethin like this on snek but not rlly sure since xcm is very confusing (this is call data on Basilisk chain): `0x340003000100a10f03082f00000601420d030002286beec832063573007369626c2a08000000000000000000000000000000000000000000000000000023000000e83c80d09f3c2e3b03`

[@bXh7...bpPA](bXh7EuZRcG15iVDKpDQ3gEaftGHsGXQ4nVtBM21BSmxGrbpPA-basilisk)

I've voted NAY, but if you want to try this again with a few adjustments, my stance can be changed.

My main reasons for voting NAY: 
- I don't think we should have to trust that you will do what you say you will do. If this was to be done it should be done trustlessly.
- I'm not in favor of copying the name for the existing memecoin PEPE. I'd much rather another name/meme be used that can stand on its own.

I'm down for a bit of fun and experimentation, but for those reasons I can't align with the proposal as outlined.

Pepe is a registered trademark, the author of the proposal is not the owner of the copyright, this is recipe for disaster and it's a big no for me. 
Please, no amogus or macdonald with copyrighted logos. Pepe is usable under fair use, I don't think this applies in this case.

Check the grumpy cat token, a cease and desist letter was sent by the copyright owners, leaving holders with nothing. 

[@THE TOMIEST TOM](bXjbD3v8hsphuYCJ9LTxr8CEURnCCEjCg77SYhKDd5xVcAfrL-basilisk) ser pepe trademark is not defensible and is argubly in public domain ser. we not gettin sued

hey frens, the meanies on karura voted against PEPE so im cummin to the snek. heres the plan:

- register PEPE on snek
- mint PEPE on statemine
- xcm all PEPE to snek treasury
- revoke PEPE powers on statemine
- another democracy proposal where treasury uses PEPE + some BSX to create xyk pool
- initial LP = price floor for PEPE. we moonin frens!

register statemine PEPE on the snek