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@BLagos35231
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The thing everyone in that chat is doing is treating Staccana and Stacsol as the same coin. They’re not, and almost every “wait, did they rug” question dissolves the second you pull them apart. Stacsol is the LST — the redemption rate, backing divided by supply, the thing that only ticks up in SOL. Staccana is a separate community meme coin that happens to hold more than half the stacsol in existence and ran the beefy liquidity that was paired against stacsol. Two different assets, two different charts, one shared nickname people keep collapsing into the word liq. Here’s what actually happened. Some community members behind Staccana pulled that paired liquidity, and the act of pulling it burned 6.9 percent. Because that liquidity was sitting against stacsol and the backing got left in rather than carried out the door, the stacsol redemption rate stepped up for everyone holding it. That is why the doubling rate suddenly went from 400-plus days to around 25 — it’s not a fake pump and it’s not new yield, it’s a one-off reprice from a burn landing on a smaller supply. One holder literally posted that pulling the liquidity brought him up 0.4 SOL. That’s the whole tell: a pull that pushes every remaining holder up is the opposite of a rug. A rug carries the backing out; this burned the claims and left the backing behind. So when you see people saying I lost 2k, or I lost all my income when Staccana pulled liq, read what they’re actually down on. They’re down on Staccana, the meme coin, which ran from a 600k ATH down toward 400k. That’s a Staccana price move. It is not stacsol. Stacsol’s redemption rate went up through the exact same event. If your bag was in the LST you gained; if your bag was in the meme coin you’re watching a meme coin do meme coin things, and people are blaming the two on each other. A couple of the other lines going around. The claim that their pool was being exploited — pulling and burning that liquidity is also what closes off whatever was getting picked at, so that cuts in the same direction, it’s not a mark against it. And the founder did not pocket the 6.9. The community members who came forward to push the project did the pull, the 6.9 burned, and it accrued to stacsol holders. Stacc didn’t take it. The holders did. The 25-day doubling number does deserve one honest caveat. Don’t annualize it and don’t treat it as the new run rate. It’s a step from a one-time burn, not staking yield. The real recurring yield is far lower and compressing. The accretive jump is real and it’s genuinely good for holders, but it’s a reprice, not a promise. And the design point underneath all of it, the reason this structure is strange in a good way: stacsol’s rate only moves up in SOL. Liquidation only exists to fire when your collateral in dollars drops under your debt in dollars, but if the thing only ratchets up in SOL and you owe in SOL, the dollar price isn’t even in the solvency math. There’s nothing to liquidate against. So no, Staccana pulling liquidity cannot liquidate stacsol, cannot rug stacsol, and in this case it literally lifted it. The only people feeling pain here are the ones who were long the meme coin and are now pointing at the LST for it. Stacsol.app
This is absolutely crazy Someone just opened $96,600,000 $BTC short If $BTC pumps by $3,400 he’s going to be liquidated
