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皇帝
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The rise of $PUNCH will be talked about forever
Once $PUNCH hits CEX's and people see a familiar face like Punch they will go all out
They had no idea who moodeng was or PNUT or penguin
But seeing $PUNCH get listed will be revolutionary
im so happy it didnt get listed anywhere yet
Because now that he is a global icon and he does get listed
Chaos will happen onchain.

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@a1lon9 @absolquant better increase fees for LP than deployers or rewarding holders instead of traders/scalpers rapist
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I don't fully agree or disagree with your take, I think you present a bunch of fair points. but I think there may be more than meets the eye in terms of the timing of the cashback update & broader market conditions
fyi since the feature rolled out, myself and the team have been analyzing the data and carrying out research from many different kinds of users. there are some interesting insights thus far - both positive and negative
one thing is certain: it was worthwhile running this experiment. the very fact that over 30% of coins deployed are cashback coins proves that a very significant portion of the market likes it. I think we all agree that many devs were overpaid and traders weren't getting a good deal, so it's obvious that some action attempting to balance the incentives was due.
so I still firmly believe that we're heading in the right direction but nonetheless very much open to feedback so our next steps continue to improve the trenches
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cashback being stripped from the meta is what's killing the trenches vol these past few weeks
devs with fees
- gave opportunity to new comers to build a port and flow their profits back into the eco-system
- afford dex, ads, run communities and cause activity in CT and on chain
devs are now
- incentivised to bundle extract to the max
- not incentivised to help grow their coins
- not incentivised to find good narratives
- incentivised to fomo larp as much as possible
- no reason to look for narratives to push
^
(of course devs still did this with stuff with fees but this new update has just sped it up & pushed it to the max)
traders now
- get 300sol split between 1000 people
- are scared to first tx coins due to these piranha devs
- are all complaining about the update they once asked for
- new traders dont get a chance to learn and build their port > get rekt at 5k and leave the trenches for good
the kids who permanently dev'd whilst they still had fees, would at least rotate their large fee wins back into new pairs, graduated, etc. Feeding volume back into the eco-system
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