@SolportTom just more slop that doesnt do anything. if you want to do something to benefit the trenches do something the other platforms are afraid to do.
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OFC
678 posts
Spent a bunch of time talking to bagworkers last night.
I realized they have zero incentive to even try anymore.
This does not solve the issue, but it is a start.
Like I said, we are going to move fast now and try to fix this place.
BONK.fun@bonkfun
Introducing BONKfun Bagwork Bounties We heard feedback that the incentive to bagwork memecoins has dropped off recently, and we’re committed to experimenting with ways to bring that spirit back to the trenches. We’re giving away $7,000 each over the next 7 days to 7 new, strong communities. During this period, all NEW Balanced Mode tokens will be evaluated based on the following characteristics: 1. Effort from CTO lead 2. Content Quality 3. Community growth 4. On chain metrics Bonus points if you create an active Telegram community & bring the old school vibes back. Coins under consideration will have to maintain a market cap of at least $100,000 by the end of the period. We will be monitoring for gaming & manipulation and disqualifying tokens that are manipulating these metrics or botting engagement. Winners will be announced on or shortly after April 1st.
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@a1lon9 @punter_punts we get fee discount on trading terminals, the fees the coin collects should be to benefit the coin/holders, ie split the fees with buybacks/liquidity and top holders.
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@punter_punts the Cashback is identical to a fee discount, so this update is essentially equivalent to exactly what you're describing (for Cashback coins, ofc. creator fee coins remain the same as before)
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soon we can move back to the model that wasn't broken in the first place:
fees are solely used to bolster the liquidity pool.
yes, it was different market conditions in the past. but just think logically: if a meme is at 9fig mcap, size buyers are primarily interested if they can enter with minimal slippage.
memes of the past facilitated this by constantly growing the LP from trading volume. it wasn't broken. Then, they introduced taxes that take money out of your pocket and distributed it to serial deployers that provided net negative value. Now, to "fix" that, we are yet again distributing taxes. How about we just remove the fucking taxes?
Pump.fun@Pumpfun
Creator Fees need change. Not every token deserves Creator Fees. Now, users have the ability to decide whether a token truly deserves Creator Fees, or whether it makes more sense to reward the traders engaging with the token. Cashback Coins are now live. Learn more 👇
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One of the missed pieces of @bonkfun new BONKERS mechanics is how it takes supply out of the market. This supply can than be used to assist CTOs/teams in getting CEX listings to help them with distribution.
I think we will see this theory playing out sooner than we think.
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@elonmusk @DefiantLs worst pm in english history, had the chance to make a change and did nothing.
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Lizz Truss: "Unless we get a grip... the West will be finished in ten years."
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Excited to announce that sats will be joining the team as the new head of product for @bonkfun.
It’s clear we need to change, but in order to execute change we need a team of killers behind us.
This is the start of that process.
Sats will be working with us hand in hand on the rebuilding of bonk fun from scratch. 🫡
satsdats@satsdats
As some of you may have heard, I am joining @bonkfun as Head of Product. I have been quite vocal with my opinions on how launchpads operate in the past, some negative, some positive, but it’s clear this space is not going away any time soon. I will try my best to give the ‘trenches’ what they want, look at ways we can innovate, reduce the amount of cash that leaves the ecosystem, and keep it on @Solana in traders' pockets. Everyone puts a lot of focus on all launchpads being competitors, which we are, naturally, but I aim to push launchpads as a whole in the right direction with our changes to stay competitive, and with that, I am very open to hearing your problems or issues. My DM’s are open to your thoughts, or questions, at any time. I trade these markets everyday just like you guys, I log on, get pvp'ed in the trenches, get vamped, get rugged, hit a big win, round trip, everything. I would like to say I understand the issues you guys have as traders. I look to try my best at finding solutions, innovating where we can, trying different things, and staying agile with how fast this space moves. My goal here is to help make @bonkfun into the launchpad for everyone, including traders. A place where we want to see, hear and hopefully create your success stories from our coins. This place is the only place on earth someone can go from 0 to 1, from nothing to something, in literal days, even hours sometimes at a click of a few buttons, and we plan to make bonkfun pairs the place to make that happen.
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@toly @wireframepit solana would be $20 without memecoins respect the trenches
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@wireframepit Toly: memecoins have no intrinsic or fundamental value, go read The Intelligent Investor
Ct: Toly is promoting memecoins!
🤦♂️🤦♂️🤦♂️
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It incredible how entire timeline is shitting on @cz_binance , yet there's 0 talk out there how Toly and the rest of Solana leadership have been actively promoting memecoin gambling and spreading lies this entire cycle in order to grab the market share
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Crypto’s BIGGEST Advisors are joining the Pump fun BiP Hackathon!
Now is your chance to access the most successful & biggest thinkers in crypto & beyond, as well as the chance to receive a part of the $3M investment from Pump Fund, regardless of your stage
Meet the Advisors 👇
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@toly @Tristan0x owner of solana can't do his own research, expecting a tweet to clarify wrong information spread by you.
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If the current British government is not on the side of the people of Britain, then they are, by definition, traitors
Liz Truss@trussliz
We know whose side they are on. And it's not the people of Britain.
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Some Grok Fans are enquiring if xAI will sell Figurines of Rudi, Ani, Valentine
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@peacefuldecay too much ego dropped flopped launchpad flopped, didn't think we would encounter dev worse than @pasternak but we have today. enjoy the money onto the next.
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@peacefuldecay @onchainvacation why launch your coin on heaven where the main coin is down only with no volume as opposed to pump/bonk. revise your refund strategy if everybody is telling you the same thing maybe you should listen.
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@peacefuldecay @onchainvacation Another extraction, the price of $light dictates the entirety of any coin on the launchpad, opening it as high as possible to extract more money is just going to cause a massive sell off, with no new buyers, which also affects the ceiling of any new heaven coin.
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Wow @peacefuldecay is going to rape us huh :(
OCV@onchainvacation
Wow. I might have to bet the farm on this....
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