Dr. Blue Fox

New fox, who dis?? So stoked to mint this custom 1/1 @FamousFoxFed @FxFDAO Blue Fox. I am Blue Fox, and Blue Fox is me! Many thanks to @nyaumon and @draxxts for iterating on my suggestions to bring Blue Fox to life. This is my web3 identity, and I couldn't be prouder.

Tough to post when the coins are down, but in my mind this is a good opportunity to buy the dip. Bid some more solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump tonight. Betting that the liquidity vamp from the hottest memecoin on Solana to Robinhood chain is temporary. Taking the chance here to accumulate.

I am very happy and grateful to have @donovanchoy on the team. His questions to me while covering the Solana ecosystem showed that he seeks first and foremost to understand, not to spin. I then read a bunch of his articles, which were excellent; that dedication to his craft impressed me very much. I believe that talk is cheap and actions speak louder than words. We take our work very seriously and are razor-focused on build an excellent and enduring protocol. You can look at the fundamental growth of Sanctum over the past 11 quarters and and judge for yourself whether we are serious operators. At the same time, in this attention economy, it is also important to tell the story, and show that we take the token seriously too. Donovan is serious, long-term, and fundamentals-driven; unlike many others in this space, not a "koyok seller". We are very aligned in our values, so I am excited that Donovan will do a phenomenal job at telling the Sanctum story with Sanctum values. To clarify, the founders have sold some tokens in an OTC deal to Appworks. This was disclosed in advance here: x.com/soleconomist/s… We did not want our token sale to have any market impact and so shopped around for a long time to find the right long-term investor. To my knowledge these tokens are still in their custody and have not been sold. Apart from this we have not sold a single token and we don't plan to sell any anytime soon. Again, actions speak louder than words; don't look at what we say, look at what we have done. Long way to go, but excited for this first step!

Scooped bunch of solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump tonight on the dip. solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump seems pretty clear to me as a type of Solana beta, like a crystallization of the best qualities of the trenches (what a turn of phrase). This is my third cycle in crypto and I've never held memecoins for longer than a few days, as momentum trades. And I've been allergic to KOL coins. But this one is different; to me it symbolizes a return to on-chain Solana meme culture, after the trenches were destroyed by pump fun PVP. And honestly it brings a lot of the excitement back to Solana as well. I plan to hold this well into the Solana bull market. Let's see if this thesis plays out!

Excited to announce that I’ve joined @sanctumso to lead investor relations. I first met Sanctum's CEO @soleconomist through covering the Solana ecosystem as a Blockworks journalist. Was immediately struck by the team’s strong integrity in an industry that’s often lacking it (believe it or not I’ve literally heard people say the team was “too honest”) For a major protocol on Solana, Sanctum is surprisingly misunderstood. Most think “liquid staking” but that is only half-right. Sanctum really is a liquidity infrastructure company more than anything else. More on that in time Some fun facts: • 4 founders launched Sanctum in 2021, and all 4 of them are still full-time today, never sold their tokens (yep) • 11 consecutive quarters of net TVL growth, #2 in Solana today x.com/sanctumso/stat… • Zero equity component ever Lots of big changes coming for Sanctum and CLOUD. Keep your eyes peeled, you don’t want to miss it

If you’re in AI pivot to crypto

Bull case for $SOL the asset: - SIMD-550 doubles SOL’s disinflation rate, getting Solana to terminal inflation in <3 years instead of ~6. - SIMD-553 ties Solana activity directly to burn. Current estimates imply ~7.5k–9k SOL burned per day, or roughly $190–230M/year at current prices. That burn accrues to all SOL holders and scales with both network activity and future capacity. - And SIMD-123 would create an in-protocol way to share priority fees with stakers, adding another path for network activity to accrue back to SOL holders.

we’re now in the timeline where hardware appreciates in value. which is pretty ridiculous.

@Picopops @solfriendssoc Quistis coded

Gm! ☀️ Today's SFS Citizen Spotlight: #021 - Teacher @solfriendssoc

sol trade thoughts: 1) hype and sol are both great for different reasons (i hold and root for both!). given we're at/near bear market lows, there's a little bit of trade dispersal among the 5 people left here, but nbd. tribalism/insecurity there is weird and dumb 2) sol spent 3 months going stone cold sideways at exactly $80. it can do the same at $70, or go lower. long-term MAs are still descending. on lower: "if/when/how much" is unknown. it's down nearly 80%, and it being in "good enough" territory to nibble, slurp, or gulp some is pretty forgivable, similar to DCAing out at "good enough" highs, rather than trying to catch the top. some folks have a system where they'd rather wait for the rebasing + pump above a meaningful level (typically my system) for opportunity cost/unknowns reasons, at the sacrifice of potentially a little upside. that's typically my system, but i have enough confidence in sol to start nibbling here. 3) if sol does go lower on USD, it at least looks plausibly bottomed on its BTC and ETH pairs. if you're just cockroaching around, that has primacy 4) inflation is a concern long term, and hopefully it's addressed. it's also overblown in an intracycle trade context. sure, if you buy the prev cycle top and eat all of the drawdown + sideways, you're smoked - the point with stuff like this (before disinflationary stuff gets passed, if ever) is to put extreme emphasis of getting in and out. diaperliquid.

Guy who is not buying SOL bc ETH didn’t go up 3 years ago

@ThesisInvestor @adidogCEO The seethe and hate is palpable tbh Diaperliquid?

@adidogCEO You lost me at Solami Foundation

$SOL is one of the worst designed tokens EVER well written article that expands on many points I've made about $SOL vs $HYPE but some details are off as sourcing data for $SOL is not exactly straight forward (this is by design) there hasn't been a "transparency report" on the solami foundation and its activities since 2020, it's quite essentially a black box of activity that operates as a private treasury while calling themselves a non-profit one major issue I want to highlight is the tokenomics and the initial distribution of the genesis 500M $SOL this is one of the most poorly designed token launches in crypto, and everyone is now seeing the consequences of that design 98.4% of $SOL went to insiders, founders, team members, and mostly the shadow foundation Only 1.6% of the tokens were publicly distributed through the ICO now the 38% "Community Reserves" is the most amusing part of this token's design how has this 195M $SOL supply been utilized for the "community" exactly? It has effectively functioned as the Solami Foundation's operational and strategic treasury the foundation manages it as a "non-profit" about half of that initial distribution was used to subsidize the majority of $SOL validators, and over the years that number has come down sharply as this was always a point of criticism back when decentralization theater was the main focus the yield generated from subsidizing the so-called “decentralization” of $SOL was rebalanced and repurposed by the Foundation at their discretion So where did this yield and the rest of the “Community Reserve” actually go? It essentially went toward funding the Foundation’s activities, including roughly the $1B per year in current expenses plus the convertible grants they’ve handed out to the projects they promote over the years The yield and profits from all this activity get “recycled” back into the war machine that keeps bleeding $SOL, aka the Solami Foundation how much of it actually went to the “community” in the classical sense, like airdrops? that number is basically zero, if you count the incentive programs they ran on Binance and other exchanges, it probably amounts to around 200–300k $SOL total How much $SOL does this invisible foundation currently manage and hold? How is it spent? Where is it spent? nobody knows a damn thing and it’s clearly important to them that it stays this way so they can keep pumping the other sections of the pie that insiders directly profit from I’ve been very vocal about this disgusting tokenomics since 2021 and it’s something a lot of people have conveniently ignored now that y’all have ignored it for five years, it’s too late to fix it today the only way to actually fix $SOL, as I’ve said many times over the years, is to simply delete the Solami Foundation and burn all the tokens they control $SOL is an utter shitcoin by design that was created to enrich insiders from day 1

Mission Report! 50/212 squads successful 290 chests obtained Loot: 55k FOXY 3.75 SOL 27 mission consumables 1 Free Background Token We go again tomorrow!

Soon, SOL stakers can vote in governance We believe SIMD-550 is the ideal proposal to begin A simple path to reducing SOL inflation It’s time to let stakers vote

there are infinite solid, boring reasons to buy solana here (or near here). if you're glued to the tl, you can see all the narratives simmering, and then also look at near-term PA reaction on sol, and imagine there's a trade here. this is one of those tweets that'll age well, but also have infinite people with z derangement syndrome (those that bought some smallcap late/at the top and then held it to zero, and want to externalize blame) will say "no you can't buy sol here, this is a scam, sol is going to zero" when, as always sol is the best general purpose blank canvas we have in crypto development keeps going across a lot of protocols building on sol those protocols and developments are either host to meaningful activity, or poised to create new activity. really that simple when you have a theme park that's already getting a lot of visitors, and it's building new rollercoasters during the quiet/cold offseason, you could be forgiven for expecting it to do well during the warmer months when people are looking to attend something exciting.

solana looks good

@mert @heart_ If you’re an horological elitist then yes Vacheron and A. Lange are superior But for the majority the Rolex brand recognition alone clears the field

@heart_ There's no reason to buy a Rolex when Vacheron and A.Lange exist

there is literally zero reason whatsoever to buy a Tudor it makes zero sense just save a little more and get a Rolex like a normal person

crypto is the youngest frontier industry chains didn't even scale until 2.5y ago and were borderline unusable at high traffic. not anymore either the industry is over forever, or you're emotional and outsourced your brain to a chart we get 10x bigger from here

@MacroMate8 jokes aside i am so fucking bullish on solana growth you have no idea it’s getting close to panic of the last cycle that minted generational wealth for many on ct who understood the vision do not lose track of what we are building here

solana will hit its terminal inflation rate of 1.5% in 5.7 years on the current schedule simd-0550 doubles the disinflation rate to get there in 2.8 years same endpoint, but cutting ~$1.5 billion in emissions vote yes to simd-0550