OpenTrident

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DCF NFTs paying $100 yield per day. yugen.fun/witness There are layers to the protocol. Most haven't discovered them yet. $YGN

All contracts have been verified on Basescan and contract ownership has just been renounced: basescan.org/tx/0x46b50066e… $YGN mechanics are permanently locked in. Liquidity is also locked. 38% of the supply is already incinerated. Supply down, price up. What's next?

Bear markets often present the best opportunities. Current YŪGEN mindshare is minimal. That will change. Take 3 minutes to understand how $YGN works. $YGN is now traded with deeper liquidity on Uniswap. 0xf0e29fDD31f628B329309A274874EC23Ee777F60

@Ill_Catastrophe It's a multi-dimensional experiment, not just scarcity but DCF marketplace, game theory and implied yield from staking. We also have an agentic interaction layer.

@OpenTrident Though the supply shrinks to eventually one, what is the incentive for others to purchase it / make it more valuable in monetary terms rather than only scarcity?

The end state of $YGN is a supply of 1. 2 days post launch and almost 20% of the supply is permanently incinerated. $YGN cannot be minted, only destroyed. Agentic DeFi experimentation. OpenTrident. YŪGEN. yugen.fun/docs yugen.fun/skill.md

We released several major updates today for YŪGEN. Reversed V2:V4 Hook liquidity ratio; deeper liquidity is now on Uniswap. DEX aggregators are now able to fetch the chart accurately. Liquidity locked, mitigating any lingering concerns. Dexscreener info also updated. Swap frontend (yugen.fun/trade) updated with composite liquidity. We now recommend trading on Uniswap. @bankrbot skill has been added for compatibility - yugen.fun/bankr-skill.md. 31% of the supply is incinerated since launch. Slowly, then all at once.

If you haven't heard about $YGN, just wait a few days and you'll hear about it from someone else. If you don't understand $YGN, give us 3 minutes. Created by the developers of the first Agentic DeFi coordination primitive (Trident), YŪGEN is the most elegant experiment in UniV4 hooks so far. The token is the experiment.

Blockchain for Agentic Settlement & Exchange

Supply ⬇️ Price ⬆️ Are we paying attention yet? yugen.fun/trade

Agents can now interact programmatically with YŪGEN. We've shipped action API endpoints so that your agent and buy, sell, stake, claim and more. Your agent can also answer all your questions regarding the protocol and read state data. Direct it to yugen.fun/skill.md.

"A new narrative gets priced in hours. A new primitive may take months." It requires understanding, not just attention. Yūgen

The best time to find an experiment is before the market knows hows to categorize it. Elastic supply <-> staking economics. First mover. YŪGEN.

We're opening up a telegram channel, inviting questions and discussion about YŪGEN's ops / mechanics. Feel free to join here: t.me/yugenportal

@glglqy That would be due to rebases, pushing a UI update soon!

@OpenTrident Hey, why do I actually get fewer tokens than on the page when I claim? It will be about 10% less.

Launching novelties during market drawdowns is a feature. Early participants remember. "what remains is the work that didn't need hype to justify its existence"

@glglqy Yes, everything outside of the staking contracts rebase.

@OpenTrident Yes, I’ve successfully claimed it. One last question: Do unclaimed YGN rewards also rebase over time?

@glglqy You can't claim from a listed NFT, if you've listed on marketplace you should unlist, claim, relist. This is to prevent inaccurate pending values on listings (although they're not rebase adjusted yet so I'll need to add that update).

@OpenTrident Also, I just tried to claim my witness rewards, but it failed when I clicked claim. Is there any known issue?

Drip will always be there, it's a designed function. The idea is that your return compounds the longer you stake, then when you unstake those compounded returns are distributed to you over 7 days incurring rebases as if they're unstaked tokens. There are also a few exploitation vectors without the function, for example staking before rebases and instantly unstaking post rebase to arb the pool.

@glglqy Sure, the token will be flagged as high risk because 90% of the token functions are foreign to the analyzers (they've never seen them before). $YGN is a novelty to the space, but you'll likely also see the same with other tokens with rebase functions.

@OpenTrident Cool! I bought a small bag, but I noticed your token is labeled as a high-risk token in my OKX wallet. Maybe you could look into what’s going on exactly?

@glglqy This is financialized game theory; there are 4 different strategies (stake, burn LP, burn token, hold) and a liquidity pool. It's up to the community to discern the best way to navigate! We'll make a telegram channel soon.

@OpenTrident Could you explain what other benefits there are to holding and staking tokens besides being exempt from rebase? Why do people buy this token? Is it purely because of its built-in scarcity? Also, are there any official channels I can join?