Gor

In DeFi, we didn’t lose money. We lost the culture… The real degens are gone. The ones who used to ape not just for a quick flip, but because they felt the narrative, lived the project, and were willing to build for months - they’ve disappeared. What’s left are just “piece hunters.” Grab → swallow it whole → run to the next one. No loyalty. No respect for the community. No understanding that real value is created not in the dump, but in daily work and belief. This is no longer a market. This is no longer DeFi. It’s just a liquidity extraction conveyor belt, where people have forgotten how to build anything bigger than the next 10x in 15 minutes. Until we bring the culture back - the real trench culture, where builders matter more than flippers and community matters more than personal exits - nothing will change. No @Pumpfun , no petition will save this space if inside it there are no longer people willing not only to take, but to give. We either bring back the degens who create… or we fully turn into a casino where everyone knows the rules, but no one remembers why they came in the first place. Point blank. @a1lon9 @blknoiz06 @MustStopMurad @toly @vibhu @mert @orangie @Yennii56 @anndylian @rajgokal @therealchaseeb

@Rus_Khairullin GM bro 😄🤙

GM ☀️ Sunday in Dubai. What’s everyone doing today?

@BurnieSendersX Masterful satire 🤌 The “Innovation Filter” you describe is exactly why multiplanetary civilization isn’t optional, it’s existential insurance. A single 370-meter Apophis-class impactor in 2029 would be a regional catastrophe on Earth. On a multiplanetary scale it becomes a manageable engineering problem. Exporting shared scarcity to Mars wouldn’t create equality. It would create a single point of failure for the entire species. Real resilience comes from abundance through innovation - not enforced mediocrity across planets. That’s not ideology. That’s orbital mechanics and systems risk analysis. $Burnie, your meme game is dangerously good. Keep exporting the satire. We’ll keep exporting the species. 🚀

Multiplanetary civilization to escape one asteroid? Means more chances for abundance and escape. Unacceptable. We must apply The Innovation Filter across the entire solar system. No one escapes Earth mediocrity. Shared scarcity for every planet. Burnie Senders.

Absolutely

Tokenization isn’t a utopia, it’s a real mechanism of the new social economy. We’re taking control away from the old elite and giving it to everyone who’s ready to participate. Every asset, every square meter, every bit of wealth is turned into a token on Solana. No more closed basements or secret accounts. Only an open, transparent cycle. Buy every token and be happy. Token Cycle is live!

@earlytokenized @Pumpfun @solana @toly 😄😄😄

Either you're growing as a community and building a social token, or you're gay 😂

Everything has its own cycle. We are now entering the era of social tokens. Get ready! The rules of the game are changing! Let’s tokenize the trenches and revive the DeFi culture! That’s why we’re here! @BurnieSendersX legend 🤟

@itsthatgigi ✊🤙

test: who's here on a saturday?

@BurnieSendersX @SenSanders Welcome @tokencycle guys 🫡

Comrade @SenSanders Trump’s budget is truly obscene. Not enough central committee control. We need full expropriation, seize everything and redistribute so no one gets ahead. The Innovation Filter on all spending. Central committee decides every dollar so everyone stays equally broke and dependent. The plan is perfect. Burnie Senders.

Trump’s obscene budget.

@Cobratate Русский йопте 🤌

Russians are the most versatile people alive. Best at a hot sauna? Russian Blistering Siberian cold? Russian Smart hacker? Russian Brutal killer? Russian Raw force power lifting? Russian. Only blacks win with athletic pursuits. Otherwise Russians are top predators.

I completely agree, Toly. The smartest people have already “fired” themselves using AI and gone to the beach 🌊🏄‍♂️ But in any case, artificial intelligence will never be able to fully replace humans. But a person who truly masters all of its technical capabilities and advantages will be able to create something much greater and globally intelligent. AI isn’t a replacement; it’s a superpower. Whoever takes it into their own hands will win.

It’s almost certain that companies are doing layoffs backwards. The smart employees are the ones that replaced themselves with ai already.

@Pumpfun Tokenization era guys 🤌

I went to the retard meta and everyone tokenized you

@FAIRPLAY0407 @Pumpfun $token 😏🤌✍️

@Pumpfun What are you TOKEN about?

@elonmusk Maybe surfing would be better? $Token

My idea of a good time is working with amazing engineers to create incredible technology 🤩 The Tesla chip research fab will have all the machines needed to do logic, memory, packing & masks in one building for a lightning fast development cycle. Heaven 💫

@toly @caspereux That would be the best solution for them 🤌

@caspereux If they were smart employees they would have replaced themselves with AI and gone to the beach. 🌊🏄‍♂️

If you can’t timelock, it should be clearly explained why

@toly @cafreiman $token 👀👌

@cafreiman It’s also not as bleak as you think

A reminder that, as bleak as our political situation is, science and commerce continue to relentlessly make life better.

@BurnieSendersX Comrade, exactly 👏 AI abundance? Lower prices? People actually getting ahead? Unacceptable deviationism! We must slam The Innovation Filter at full power. Keep prices high, keep scarcity sacred - shared mediocrity is true fairness. Study the mission. ☭🚩

You billionaires want AI acceleration to make everything super cheap and abundant. Lower prices? More goods for everyone? This is dangerous, people might actually get ahead! We must apply The Innovation Filter NOW. Keep prices high, keep scarcity, so no one escapes mediocrity. Shared scarcity is true fairness. Study the mission. Burnie Senders.

Expert reply to @toly tweet: I fully agree that the market mechanism with a uniform haircut is the most elegant and scalable solution. When all deposits receive the same proportional haircut based on the shortfall, incentive alignment is preserved: market makers (and liquidity providers in general) still see a profitable opportunity, just discounted by a known haircut. The market clears naturally, without needing “infinite capital” or complex automation that inevitably introduces new attack vectors. The key point you rightly emphasize is that automating “fair withdrawal” in real time without infinite liquidity is a myth. Any attempt to instantly turn a deposit into a “tradable claim token” with dynamic pricing runs into the same fundamental limitations: - Liquidity fragmentation during stress events (everyone wants to exit at once). - Adverse selection (smart money exits first, dumb money gets the worst haircut). - Oracle / governance attack surface, if the haircut is calculated off-chain or through a complex on-chain mechanism. A uniform haircut + permissionless secondary market (order books / AMM with haircut-aware pricing) solves this much more cleanly. It’s essentially an on-chain analog of Chapter 11 for DeFi: all creditors are in one queue, the haircut is transparent, and trading continues. The only addition I would suggest for protocols on Solana (where speed and low fees enable things that are impossible on Ethereum): 1. Haircut as on-chain state (a single atomic parameter, updated either via a programmatic trigger on shortfall or through a fast-response multisig + timelock for risk increases). 2. Claim tokens can still be issued, but not as the primary exit mechanism. Instead, treat them as a secondary trading instrument with the haircut already embedded (e.g., a “haircut-adjusted LP token”). The market then decides at what price to trade them, rather than the protocol trying to “fairly distribute” capital. 3. Auto-risk-reduction mode (pause new deposits + automatically reduce leverage / LTV) that triggers instantly based on on-chain metrics, while the timelock remains only for increasing risk or contract upgrades. In the end, we get a system where: - The admin / team cannot freeze users faster than the market, - But also cannot be accused of “responding too slowly,” - Because the protocol is already in automatic risk-reduction mode. The market is the best risk manager. The uniform haircut is the best coordination device. Everything else is an attempt to invent a central bank on smart contracts - and we already know how that usually ends. Great thread, Toly. Discussions like this are exactly what push DeFi forward.

@toly @mert @sibeleth I think he's panicking 😄

@mert @sibeleth It’s all going to get expropriated by Senator Senders to pay for boomer communism

The way Solana’s founder shilled a memecoin and it couldn’t pass $6M mcap is… Comedy.

@toly @fPHXGallery @Sam0xSol ✍️✍️✍️

@fPHXGallery @Sam0xSol Yep. That’s the impossible thing to verify. Which is why a timelock is even more important. Users should be able to monitor and bail out.

If a percolator fork can do this, so can you. Come on people. Sheesh.

I agree with Anatoly. In the long term, cheaper, faster, and lower risk finance will indeed displace all alternative models - both in TradFi and in the speculative segments of crypto. The key lies precisely in the combination he highlighted: - Immutable formally verified software is the foundation of trust. Full immutability (renounced upgrade authority) or at least formal verification of critical modules significantly reduces the attack surface. Solana, with its Rust/Anchor ecosystem and verified build tools, already holds a technical advantage over most EVM chains in terms of code predictability. However, full immutability remains a trade-off: if a critical vulnerability is discovered, patching is only possible through user migration to a new program. - Admin keys with on-chain immutable policies (timelocks, circuit breakers, governance vetoes, etc.) represent a realistic solution for complex financial primitives (perps, options, leveraged lending, RWAs). Anatoly is correct: high-surface-area financial products cannot completely eliminate the need for admin functions. But these can be strictly constrained by transparent, on-chain immutable rules - minimum 48–72 hour timelocks, multisigs with geographic key distribution, and mandatory on-chain monitoring. This architecture shifts DeFi from “trust the team” to “trust the code + transparent rules.” We are already seeing movement in this direction: Squads, Kamino, Morpho-style protocols, and several major perp DEXs are actively implementing timelocked governance and immutable policies. Why this works especially now in 2026: - Solana’s low fees and high throughput enable scaling real financial applications without economic compromises. - Growing volumes on DEXs (Solana has repeatedly surpassed Ethereum in monthly trading volume) demonstrate that speed and cost attract users. The next step - institutional and mass adoption - will only come with demonstrable lower risk. Naturally, challenges remain: recent incidents involving compromised admin keys remind us that a strong security culture (rejecting centralized upgrade keys in favor of on-chain policies) must become an industry standard, not an option. Formal verification does not yet cover 100% of complex protocols, but progress in tools for Rust/Solana is noticeable. Ultimately, Anatoly thesis is not hype, but an engineering blueprint for DeFi to move beyond being a niche casino and become a competitive alternative to traditional finance. Whoever first scales this model - cheap, fast, and transparently lower risk - will capture the majority of the market in the next cycle. Solana has all the technical prerequisites to lead in this paradigm. The question now is execution and industry-wide adoption. @toly @mert @solana