Bobbo
2.4K posts
PVP has been a massive point of contention over the past few days, and many plead for a fix from the launchpad layer. however, I believe the causation of PVP is misguided and isn’t the result of the launchpad, but a result of: 1) broader liquidity leaving the market 2) behavioral problems it’s no secret that we’re in a bear market & more liquidity has left the market than has entered over the past 6 months, hence why ceilings are much lower & opportunity feels scarce with lower liquidity & lower ceilings comes the desire to find edge elsewhere. if traders know they’re not going to succeed holding, and they can't beat other traders, there may be edge in redeploying an already successful coin; whether it’s under the guise of a better ticker, image, has tracked wallets, fee distributions, etc. while I think this behavior is incredibly destructive, I believe it is a permanent pendulum, and I believe we're currently at the extreme end of that pendulum, which is why we’re experiencing incessant & unrelenting PVP compared to what we see in a bull market (PVP exists, but faces nowhere near the level of participation as we see now)
Due to popular request, we've added a Market Mayhem section to our trading settings. Enable Cloak Mode to obfuscate your trades across 500 wallets. Organic tokens are now a relic of the past, hoard supply with your cloaked bundle. Stop trading, start farming-- with zero fees.
+$40k 🛡️
Some easy to implement fixes to make this competition 10 times better: 1. Get the multi-wallet data from Axiom, anyone using more than 1 wallet = ineligible 2. Avg. Hold time of less than 1 hour = ineligible 3. 4. Create some metric that's not just pure $ Pnl, but also % and hold time. Split rewards, and part of it goes into a draw towards random holders. 5. Have Axiom remove 1 second chart for Bonk coins, 1 minute chart minimum. This helps create an environment where Bonk coins are safe to hold for longer. More people hold longer, coins go higher, coins go higher, more people come. Distinguish Bonk from Pump by setting the stage, it's the place to HODL coins while Pump is for 5-second hold time deployers and farmers
The $200,000 a week trading competition with axiom is still in its Infancy , we will adjust and review data where necessary and make sure we find the best way to do it dw. We hear all the suggestions and see the comments keep them coming they’re helpful feedback is always appreciated. The trading competition is a small part in a much bigger plan we’ve been building over these last 4 months. Going to earn our place once again. 🫡
