

iStake Psol
506 posts

@StakedPsol
iStake is a volume driven Solana token that rewards Phantom Staked Sol to holders in a Phantom wallet. *No affiliation with Phantom until there is.





interesting. i just noticed that many of my favorite cryptocurrencies have started going up again 🤔














Is @zinc_cash rugging their investors? 👇 That's a pretty serious accusation, so let's dive into it. There's a live proposal on @MetaDAOProject from the @zinc_cash team to take the ZKFG private. What's ZKFG, and what does Zinc have to do with it? MetaDAO ZKFG token raise has been funding the @zinc_cash team for 10 months while they were silently building Zinc. (proof in the first reply) The original idea they got funded for (ZK SOL) was a flop. And that's fine; startups try things, and when they fail, they often pivot. But then they pivoted to Zinc, and found a PMF, and decided to... rug the investors? As per Zinc's website, 1% of all SOL volume (10% of 10% protocol fee) should go back to ZKFG treasury (see screenshot), but that NEVER happened. (proof in the first reply) So instead of giving $5.5 m — $55m back to investors (math explained below), they decided to keep silent and try to buy back their investors for peanuts, rather than return some meaningful value to them? 👇