Leo NFD

Ponzi mechanics vs real-time holder rewards. SPL22 vs @somethingco_ol SPL tokens. You’ve probably seen those tokens on Solana that auto-distribute $SOL to holders — like $IMG, $REVS, $DISTRIBUTE, and others. All of them are built on the SPL22 token standard. Sounds cool in theory, but in practice - not so much. Here’s why: 1. To distribute $SOL to holders using SPL22, you have to add a “transfer fee” instruction directly into the token contract. 2. This fee applies to every transfer — not just buy/sell trades. So holders lose tokens even when simply moving them between wallets. 3. The $SOL rewards come from dumping the token. The contract sells the tokens it collects via the transfer fees, meaning there’s always one address constantly selling your token. Any scanner or trading terminal will flag that — not a good look. 4. Distribution isn’t automated on-chain. Devs need to manually trigger it every few minutes. If they stop — rewards stop. 5. The transfer fee can’t be locked. A dev can change it anytime — even to 100%. That opens the door to honeypots. This is exactly why many CEXs avoid SPL22 listings altogether. 6. Even Coingecko has only ever listed ~20 SPL22 tokens. Not exactly reassuring for a serious project launch. So yeah — SPL22 might be the newest token standard on Solana, but it comes with major tradeoffs and trust issues. That’s why we built something different. CoolDEX and Somethingcool use the classic SPL token standard, and we’ve created a reward system for real-time holders that actually works. Rewards are distributed automatically after every transaction — with no staking, no locking, and no fund control required. Everything is handled by the DEX itself through a mix of on-chain + backend logic. That means no one — not even the token creator — can mess with your rewards. It’s simple, secure, and transparent. Just like it should be. If you want to launch a token that rewards real-time holders without staking or locking — we’ve got you. Come build with us at @somethingco_ol & @cooldex0. We’re here to help bring your ideas to life.

@defiapp sick

We told you to turn notifications on. Overtime pre-sign-ups go live next week. Limited to 1,000 spots. They won't last long. Link dropping soon.

@0xgilbert that's why your project with ~15ml$ funding has $820k MC haha don't stop selling your scam

If you stop doing something because you suck at it, you will always suck at it.

@EkuboProtocol @sendmoodz , keeps speedrunning AMM endgame. just waiting for the crowd to realize what you built - this update alone already puts you above the entire AMM market. $EKUBO $1B FDV one day programmed.

10/ Ekubo V3 is set to launch in December. If you want to be the first to bring V3 to your favorite chain - our DMs are open. If you're an LP, expect by far the most efficient execution on any chain. And if you’re watching AMMs evolve, take notes. This is the endgame.

The final AMM. Today, we unveil Ekubo V3 - the most efficient, decentralized, and licenseable AMM architecture to date. After several iterations the creator of the most successful AMMs has designed what is the last AMM that needs to be written. Let us explain 🧵📈

@SuperteamKZ @somethingco_ol proud to be a part of @SuperteamKZ 🫡 @superteam

⚡ A new wave of Web3 is rising in Kazakhstan. 🏆 Superteam KZ Grant awarded to CoolDEX (@somethingco_ol) 10,000 USDC 📌 A Solana-based decentralized exchange delivering ultra-low fees and efficient trading. This is more than a grant - it’s an investment in ideas reshaping the future of Web3. 🌍 Build. Test. Launch. You could be next.

@mrinko DMed

if you’re building a launchpad but struggling to differentiate against pump, bonk, believe, etc please dm me i have an idea that could help and would like to work together

lord give me the confidence of this woman smoking a cig during her @colosseum hackathon pitch

this is the mission

Internet Capital Markets But you’re owning fees from volume you brought

@b1ackd0g hey @b1ackd0g could you please check DM? got an idea to bring real DEX volume to Sui - with NO value extraction. not just flow, but retention in the ecosystem.

🔥list of Move coding guidelines. I hope we can enforce most/all of these with linters soon. The two most important (IMO): write composition-friendly code (allows richer interactions with your package), name your capabilities clearly (reminds you/others to handle them with care)

@kostascrypto @kostascrypto sir, how to DM you? got an idea to bring real DEX volume to Sui - with NO value extraction. not just flow, but retention in the ecosystem.

Nigeria ❤️, I’m so excited. Such initiatives are 100% aligned with my vision of Everything of Things via Sui. Robots + crypto is such a unique synergy with great potential, business and fun opportunities!

@web3crusadr hey Christian, could you check dm?

Tell your senator!

@somethingco_ol build

The Something Cool team is working harder than ever We’re actively working on UX/UI and features to give you the best experience Integrations remain our #1 priority — and we’re already making progress This is just the beginning A cool future is coming

integrations = top priority rn. every solana trencher should be able to trade @somethingco_ol magic coins with rewards for real-time holders without thinking twice.

@ImmutableGK @FourPillarsFP hey @ImmutableGK, how to dm you? got an idea to bring real DEX volume to Sui - with NO value extraction. not just flow, but retention in the ecosystem.

Loving the Sui information hub by @FourPillarsFP built on Walrus - fourpillars.wal.app. You rock Four Pillars team!

one day, you’ll claim rewards from somethingcool without ever leaving your crypto wallet, like Phantom

@AdityaShetts @colosseum 🙏💪

huge props to everyone who submitted a working product to the @colosseum hackathon real ones know that submitting is the start not the finish🫡

@mrinko 💯 agree. everything’s optimized for launch, not longevity. if the only reward loop is “create → hype → dump,” then of course most tokens die fast. we probably don’t need more launchpads. we need better post-launch mechanics — ones that give actual reasons to stick around.

@Leo_NFD the core problem is the average token that gets created with these launchpads is completely undifferentiated slop at least pump and bonk are honest about the fact that they’re for memes but others are less so

conditional markets are the most exciting new primitive since xy = k but everyone’s too focused on launchpad slop to notice

@mrinko btw don’t you think the real problem with all the .fun forks is that they’re all built on the same outdated DEX trading mechanics, which just don’t fit the current market at all? maybe it’s not the launchpad format that needs a refresh, but DEX trading itself.

the time to build a launchpad was 18 months ago - pre pump, launchlad, and believe if you’re building one today you’re competing against incredibly well funded and talented teams new winners will likely still emerge but it’s much easier to win a game that no one else is playing

@MannyyGG DMed sir

I won 1st in the consumer track last hackathon consumer apps are EXTREMELY difficult to get right if you're participating and need help, DM me

they said “build something cool for @colosseum Breakout Solana Hackathon” we took it literally. Huge respect to you guys @mrinko @mxmnci @crabbylions @mattytay @n8levine for supporting Solana builder