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@42Waves

Finding a balance between technology and art 💥

West Katılım Şubat 2023
361 Takip Edilen147 Takipçiler
MattleFun
MattleFun@mattlefun·
Seeker Airdrop is Live! We’re thrilled to announce a special airdrop for @solanamobile users. All Seeker wallets are eligible to claim up to 2,000 $MATTLE + 300,000 Mattle Points. Drop your .skr wallet below and follow the simple steps 👇
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Tom
Tom@SolportTom·
For those who weren't here in 2022 $BONK airdropped 50 trillion tokens, which equates to $1,177,650,00 at current market value yes that's billion with a B. Literally powered the trenches and gave many people their start in the game.
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j*bba 💝
j*bba 💝@KT1jabba·
Dutch auction pump fun is here, provided by yours truly on the wonderful tezos blockchain 💙 But WTF is a DUTCH AUCTION? Leaders of multiple ecos have talked about it, the smart ones understand it, the trenches yearn for it and it’s finally here 🇳🇱 Let’s begin. it all started with pump[dot]fun; if you are not aware of it, I do not have time to explain so I’m sorry if you don’t understand 💔 Pump cracked both distribution and price discovery for token launches at scale. We must remember: the fair market price of a token can be, and is usually, 0. But with pump we had a fair and predictable way to launch a token and be 100% sure the liquidity wouldn’t be pulled, which was a much more common style of rug before pump. The guarantee is that if your meme is strong enough it would break through and become a unicorn, dealing 1000x bangers for all who believed. The new problem: snipers and bundles 💔 With predictable rules, attackers have an easier time of extracting value from the trenches. Sniping: Sophisticated parties can scan for new pools and buy when tokens are essentially free. There are more examples of smiling but it basically means someone bigger than you ate your lunch at school today lol Bundling: this is like a con where people deploy tokens that look well distributed but it all comes back to one wallet 💔 What needs to be cracked is: ~ supply discovery ~ Which basically means, how do we ensure that initial supply is not controlled by a small number of entities, and how do we ensure everyone gets a fair shot at purchasing the supply% they want. We do this by changing the initial phase to a Dutch Auction, which ensures fair supply discovery. Specifically, we are using a continuous DA bonding curve, explained in the link to paradigm research article next tweet. Go read it, I’ll wait 😃 The DA curve works great for this application, because the alpha or “bounce factor” increases the price by a certain amount after every token purchased. This is the key to the whole game. In blockchain arithmetic, “one” token is an extremely small amount so the % increase per “purchase” is like 1.000000000000420% but in practice it works well to ensure anyone who wants high amount of supply MUST pay a premium on the price. And then the price starts falling again until a new purchaser comes in. It’s anti-snipe and anti-bundle because being early is not in the equation anymore; the amount of DEMAND in your heart is the only variable. Example: If someone tries to snipe 20% of supply, they will have to pay like 20x the minimum price. It’s crypto so everyone will be able to look at it and just wait until the price goes back to normal to buy in. They get rekt or token is just ignored. Ez Bottom line: if you want early supply you have to put some skin in the game by taking a worse price. With my initial parameters, the curve is tuned to apply ~2x price premium if someone wants 1% of supply. This is new stuff so we’ll probably change it at some point. If it’s a banger meme with a real chance at being a runner, everyone will *want* to pay the premium to get in early. It also decreases spam because players are incentivized to PvE rather than waste time dumping on each other. (After graduation, it switches to normal XYK PvP so don’t get it twisted) DA clearly is a great solution for the initial stage, this is why it always comes up after someone bundles the fuck out of some major launch. Let’s try it The new trenches have arrived ❤️ — If you read this far you better come try it, we have social wallet and are adding fiat on-ramp so you have no excuse other than BAG BIAS if you fade 🫵😭
SpicySwap 🌶️@SpicySwap

update: the trenches are BACK 🫡 we've updated Sprouts🌱, our pumpfun clone, in preparation for the new Dutch Auction (100% SNIPER-PROOF LAUNCH) option coming this week. - UI/QoL upgrades - Add @tradingview charts - New branding we're changing the game, again. keep up 🌶️

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4️⃣2️⃣🌊@42Waves·
@KT1jabba Bringing the most sought after feature to the biggest dApp in crypto Hey @ArthurB @TezosFoundation fund this man. He’s done more for your chain than all the millions you’ve “funded” since inception
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4️⃣2️⃣🌊@42Waves·
To be fair a lot alt coins have gone down only over the years If you’re staking your eth you’re up!
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Fred Krueger
Fred Krueger@dotkrueger·
I am a small MSTR shareholder. BUT. At a current price of BTC of 97,600, and MSTR at 337 and 289.44 MM shares outstanding fully diluted. The mNav is 2.1. At a Bitcoin yield of 15% (Guidance), it will take over 5 years to "grow into the mNav". And this does not take into account any of the averse tax treatment of extracting gains from MSTR versus ETF. This does not strike me as a good bet versus just owning BTC.
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4️⃣2️⃣🌊@42Waves·
$tia @ $3 here is an interesting spot (down 86% from ATH) Could be a $sol moment at $8 that quickly ran to $200+ Could also be like $xtz and $eos where the dip keeps dipping and never revisits ATH Does celestia have product market fit
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4️⃣2️⃣🌊@42Waves·
The 🐐 returns Bullish whatever @KT1jabba builds
GeniusTeam ⚪@GeniusTeamHQ

Gm chat, let’s talk goals For much the last year I was wagie because being t**** maxi made me poor; this gave me lots of time to think about how to run and grow GT Firstly - some reflections. I once again appreciate how hard it is to keep up with crypto space for most ppl. Years of logging into crypto every day numbs you to how most people interact with the space. While I was waging I made a point to try lots of different eco’s and lurk new parts of CT with @KT1jabba. Biggest lesson is that solana is peak, for many reasons. But another lesson is that L2 UX is pure shit and will likely die in the next few years, which I already knew but it’s very clear after trying it LOL. Also I spent time in the memecoin trenches as well, which was both fun and eye-opening in terms of how hard it is to get an edge in such a PvP market. One big lesson for me is how low quality lots of other communities are. As a founder you need the skill to quickly separate bots from high quality users, and I didn’t realize how much absolute fluff and noise most communities are made of. For tezos people you can be happy about this cuz my mind has shifted. Our community (specifically, the degen/Defi/fun people) is only about 50-100 strong but you are all very high-quality users. This is reason #1 why I still work on tezos and why it’s still All Roads baby. (Reason #2 is because OCaml contracts are the best) In summary: Bullish: SOL + liquid markets + low latency + socialFi + fair launchers + embedded wallets + tezos degens + growing the pie + betting + entertainment + FUN Bearish: L2s + infra jerking + alignment + corpo trash + bots + AI reply agents — So what’s next? Let’s start at a macro level I am very unorganized, most know this. I like to go round robin and switch project by project to build up larger systems that complete my goals (ex. spicy+matter) Its a double edged sword. I want to pivot a little and give myself more structure, so for the next era of GT I’m splitting our development cycle into two parts: Singleplayer and Multiplayer MULTIPLAYER projects are most similar to how I worked on tezos stuff. Hopping from one project to another with space for events in between. This is how I’ll be continuing to do any tezos stuff, cuz the creation burden on tezos is far higher than other chains with more devs & users. (Lower network effects and I have to do lots more stuff myself, rather than copying code from others) SINGLEPLAYER projects is the new style, which is more like how most startups actually run. Focus on one major product and iterate until it’s creating revenue. Sounds simple but it’s hard for me to focus in one area like this lol So the point is to have ongoing “multiplayer” projects, but have JUST ONE “Singleplayer” project that we’re grinding on for at least a year. — So wtf are we doing? Our Singleplayer mission for this year will be a major focus on building @DoubleDipLOL: creating our first real protocol on SOL, adding a token, onboarding creators to socialFi. Multiplayer will be business as usual on tez: building ODDITY, ArtDEX, Spicy, Etc In summary: DoubleDip: major focus all year for GT ODDITY: more of a marketing focus, aggressively onboard non-tezos users to the beta ArtDEX: rebrand is coming, then integrate SOL and expand salsa eco to SOL Sprouts: new URL on sprouts[dot]wtf. build up the tezos micro-trenches by adding new deployment styles Spicy: lending ❤️ So hop on the genius team bus you crazy fucks 🚍

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4️⃣2️⃣🌊@42Waves·
This is obviously bullish $sol But not necessarily bearish $coin - don’t underestimate bald man’s ability to quickly adapt to this volatile industry
Brian Armstrong@brian_armstrong

@blknoiz06 @coinbase Team is working hard on scaling our Solana infra now - lots of Solana activity last few days, we were not anticipating this level of surge.

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BONK!!!
BONK!!!@bonk_inu·
#LetsBONK check Only a few more hours left for BURNmas numbers Let’s burn some $BONK
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