How does DEV operate on-chain? Cocoro is used as an example to illustrate EVM tether activities

The mother of the dog posted a new article on her blog, adopted a new dog, and cooperated with the Own The Doge community to launch the official token $cocoro, which is deployed on the BASE chain and the contract address is 0x937a1cFAF0A3d9f5Dc4D0927F72ee5e3e5F82a00.

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM tethered chain activity](https://img.gateio.im/social/moments-619bc78130447893f65419fc291fa269)

The price of the token has been rising since the publication of this article, and the market capitalization has exceeded 100M within an hour. This article will explain the various operations of dev on the chain step by step.

1. How to verify the distribution of tokenomics

We can see the tokenomics of $cocoro in the official tweet of the Own The Doge community, in which 75% of LPs are added, 20% of community airdrops, and 5% of DAO reserves.

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM tethered on-chain activity](https://img.gateio.im/social/moments-507bf76c75ada0c66926ce256c00135c)

When looking at the tokenomics above, how do we verify that the dev is correctly allocated according to the tokenomics?

The commonly used tools have limited support for the BASE chain, and the best and easy-to-use tool to see changes in the pool is okx.

Let's open okx web and type in $cocoro's CA (

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM on-chain activity](https://img.gateio.im/social/moments-009eec1c9e0c3a54d5e5c49344f5c37a)

In the [Holding Address] column, you can see the position of the address, of which the position of the second address was 25% when it was first launched, which is in line with the 20% community airdrop and 5% DAO reserve in tokenomics. The second address in the chart shows that the position is 26.38%, which is more than 25% because dev received a fee for adding to the pool, and the currency has increased.

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM on-chain activity](https://img.gateio.im/social/moments-6fc1e7ea532eb3a63021349f4f0fde7d)

Second, how to view the operation of the dev

Several commonly used tools are mediocre in identifying and manipulating the dev address of the BASE chain, and we can use the block explorer to analyze it.

1, find out the dev address

Open the block explorer, enter the CA ( ) of $cocora, and in the [More Info] column on the home page, we can see the contract creation information, including the dev address, the transaction hash created by the token, and the funding source address, from which we can know that the dev address is 0x319C399d3D7d7A2972a6A59646A060Bb29d82A29

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM tethered on-chain activity](https://img.gateio.im/social/moments-760640034269705083b9806f91cfbcd7)

2 View the operation of dev

Enter the dev address 0x319C399d3D7d7A2972a6A59646A060Bb29d82A29 ( Transfers(ERC-20)] in the block explorer, and only look at the transactions with [Token] listed as "ERC-20: Cocoro", and each transaction from bottom to top is in order:

a. Create a token and mint out 1B tokens

b. Transfer 1 token to the test address to verify that the function is normal (indicating that dev is still very cautious)

c. Transfer 1 token transferred from the test address back to the dev address

d. Add 375M tokens to the one-sided pool in two transactions respectively (corresponding to the part of adding pools in Chapter 1)

f. Transfer the remaining 250M tokens to the address 0x735A2Ea69997e668dD0f4b2a30fFa9f01e045072

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM tethered activities](https://img.gateio.im/social/moments-5af6f5e606fef88bc27f7013c0b68854)

3 Check LP attribution

Adding a pool in Unisawp V3 will automatically mint an NFT, this NFT records the details of the pool, owning this NFT means owning the corresponding pool, you can transfer the ownership of the pool by transferring the NFT, and locking the pool is also through the operation of the NFT.

Open the [NFT Transfers] column in the dev address in the previous section to see the transfer of NFT, from bottom to top, each transaction is in order:

a. The bottom two transactions are to add a one-sided pool, and the NFT corresponding to mint, compared with the transaction d in the previous section

b. Transfer the NFTs of the two pools to the address 0x735A2Ea69997e668dD0f4b2a30fFa9f01e045072 in two transactions

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM on-chain activity](https://img.gateio.im/social/moments-c9aae3ea1151d7ba36a8d40e936d8f5a)

For the two transactions in a, we can open one arbitrarily and view the transaction details to obtain the Token ID of the NFT. For example, open the last transaction in the image above (

), check the details, you can see that dev transferred 375M coins to an address, but did not transfer weth, indicating that this is a unilateral pool added, not a bilateral pool. In the following part, you can see that the Token ID of the corresponding NFT of this pool is 2256046, as shown in the figure.

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM on-chain activities](https://img.gateio.im/social/moments-3a2a765c3c3407dd84f04871f06b073d)

In the same way, we can check that the Token ID of the corresponding NFT of another transaction with a pool is 2256052.

4. Verify whether the pool is locked

The official tweet of the Own The Doge community mentions that 75% of LPs are permanently locked, so how to check if there is a lock? From the previous section, we know that dev transfers ownership of the pool to the address 0x735A2Ea69997e668dD0f4b2a30fFa9f01e045072, so we need to see if there is any lock behavior for this address.

Enter this address in the block explorer ( Transfers(ERC-20)] section, and no transactions related to the lock pool were found, indicating that the lock pool mentioned in the official tweet is not currently being done. Only one operation to receive the fee (

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM tethered on-chain activity](https://img.gateio.im/social/moments-608dc770f651972387c20e048eca7ac9)

3. How to view the details of an LP

As can be seen from the above, dev added two unilateral pools at the beginning, so how to check the details of these two unilateral pools, such as the interval price and how much fee is generated?

1, use Uniswap official APP

Open the Uniswap website

In the [Connection] in the upper right corner of the Uniswap website, select [Uniswap Mobile Scan QR Code to Connect], the QR code appears on the page, scan it with Uniswap on your mobile phone, and click "Connect"

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM tethered on-chain activity](https://img.gateio.im/social/moments-3145d8d3f2e2bafc5db95c5e1e97ebb7)

After successful scanning, the web terminal will be connected to the wallet, you can see the connected wallet address in the upper right corner of the web page, and you can see the pool information in the [Pool] column, there are two pools about $Cocoro, one of which has exceeded the interval, and the other is in the interval.

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM tethered chain activity](https://img.gateio.im/social/moments-78e0cbc8aa662fabeb433a8beb950880)

Click on the pool to see detailed information, such as the lowest price, the highest price, the current price in the price range, and you can also see the amount of WETH and Cocoro currently left in the pool, as well as the unclaimed fees.

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM tethered on-chain activities](https://img.gateio.im/social/moments-2de971fec93be40454ddc8a41f381c68)

At present, the uncollected handling fees in the two pools are 120,000 U and 119,000 U respectively, and the collected handling fees are 1.7 million U through Section 4 of Chapter 2, and the project team currently earns a total of 1.94 million U in handling fees.

The advantage of this way of viewing is that Uniswap natively supports it, and the disadvantage is that you need to download the APP.

2, direct view of the URL

From the way we look at it in the previous section, we can know that the URL of the pool is "ID. In Chapter 2, Section 3, we have found that the Token IDs of the corresponding NFTs of the two pools are 2256046 and 2256052 respectively, so we can construct the viewing URLs of the two pools respectively, namely:

The details of the pool can be queried from the above two URLs.

The advantage of this method is that the URL can be easily and quickly viewed, but the Token ID of the corresponding NFT of the pool needs to be queried in advance.

3 Use impersonator to simulate

impersonator is an open-source project (or iFrame that emulates any Ethereum address to log in to a dapp.

Go to the official website of Impersonator

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM on-chain activities](https://img.gateio.im/social/moments-bc91e61579f457bbd4c132e30771acde)

(1) WalletConnect method

To use WalletConnect, we need to open the Uniswap webpage first, and select [WalletConnect] in the upper right corner of [Connect]

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM on-chain activity](https://img.gateio.im/social/moments-bb5e70c111e6d8ebcfebebb16aab6a59)

Click Copy on the WalletConnect QR code page that appears, and then paste the content into the "WalletConnect URI" in the impersonator website, and the Uniswap website will connect to the address entered above, and you will be able to view the pool information.

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM on-chain activities](https://img.gateio.im/social/moments-c0f8dbc2114e00b08cac876ca959020c)

(2) iFrame mode

Choosing the iFrame method is relatively simple, directly enter the URL of Uniswap into the "dapp URL", and click "Connect" to appear below the URL interface of Uniswap to connect to the wallet. You can now view the details of the pool.

! [How does DEV operate on-chain?] Take Cocoro as an example to explain EVM on-chain activities](https://img.gateio.im/social/moments-5ce8ea39159b6809e4bcbb25698f995b)

This method may not be supported by some dapps, but if not, you can select the WalletConnect method in the previous section.

The "Extension" method is simulated via a plugin, and no research is done here.

Impersonator also currently supports simulated login dapps for solana chain wallets, but currently only supports the WalletConnect method. In our previous article, "Hands-on: How to Quickly Get to Know Meteora's Liquid Price Ranges"

In the second chapter, you can use the impersonator to simulate the login. Unfortunately, Meteora does not currently support WalletConnect to connect to wallets.