

Mikawa
2.2K posts

@animikawa
Designated lore keeper Cooking the MikawaMix on Medium Banner graffiti @SellekArt | pfp DerpeDewdz by @0xfuneral










@animikawa @SonicLabs yeah $TOONA has good memes ngl


I asked Hey Anon to swap 90% of my SOL to S and buy me TOONA. It did it in just a few seconds, bridging swapping, everything. DeFAI is here and is getting better and better. Exact prompt: { Swap 90% of my SOL on Solana for S on Sonic Network via @debridge than swap 69 S for $TOONA on Sonic Network }


I asked Hey Anon to swap 90% of my SOL to S and buy me TOONA. It did it in just a few seconds, bridging swapping, everything. DeFAI is here and is getting better and better. Exact prompt: { Swap 90% of my SOL on Solana for S on Sonic Network via @debridge than swap 69 S for $TOONA on Sonic Network }

new sniper elite game just dropped lfg

🚨 JUST IN: Solana’s SIMD-0228 proposal to cut $SOL inflation by up to 80% has failed.

MEV Infrastructure: DeFi's First Real Dividend Stock The timing of Jito's emergence as crypto's first "dividend stock" couldn't be more significant. As the regulatory landscape evolves, we're approaching an inflection point where protocols will finally feel comfortable distributing their revenues to token stakers as a form of dividend. This shift will disproportionately benefit MEV and DEX protocols, which capture the largest real revenue streams in crypto. The market fundamentally misunderstands what's happening here. Jito's recent growth trajectory tells a compelling story: monthly revenue has exploded from $0.01M to $10.5M in just 12 months, representing an astounding +80,000% year-over-year growth. November 2024's tips reached $209.6M, implying a $2.5B annual run rate. That’s not a rounding error; that’s a narrative-shifting data point. MEV infrastructure is no longer a niche technical curiosity—it’s morphing into a legitimate yield engine that can stand toe-to-toe with traditional finance products. This isn’t theoretical value. It’s not about token emissions, DeFi Ponzi’s, or “farming” incentives that vanish as quickly as they appeared. This is real economic value captured on-chain, poised to be distributed to stakers as soon as protocols feel safe hitting that “fee switch.” With Republicans controlling both the House and Senate—what some are calling the “Red Sweep”—we're like to finally see regulatory proposals that provide the runway for protocols to share profits directly with token holders. In other words, we’re on the cusp of crypto’s first true dividend era. Example from Jito: Looking at Jito's current metrics, we can already see the potential. A basic analysis suggests a hypothetical ~4% yield to stakers – but this is just the beginning. As regulatory clarity emerges, MEV and DEX protocols are positioned to lead a cascade of dividend implementations across DeFi, forcing a fundamental revaluation of the entire sector. The game stops being about “Number Go Up” speculation and becomes one of “Who’s paying me, and how much?” Three key catalysts will drive this transformation: regulatory clarity enabling true dividend policies, exponential growth in monthly tips volume alongside expanding validator networks that benefit disproportionately from Solana’s meteoric rise in activity, and a market-wide shift from pure speculation to yield-based valuation. While risks persist—such as regulatory delays, intensifying MEV competition (which will be beneficial since “competition breeds innovation”), and natural market cycles—these are more than offset by Jito’s battle-tested infrastructure and expanding network effects, particularly as Solana solidifies its position as the go-to chain for retail, memecoins, DePIN, and DeFi. What’s happening here is bigger than just @jito_sol. We’re watching crypto’s business model evolve from “token go brrr” to “here’s your quarterly payout.” That’s huge. Sophisticated investors will get this. They will be able to go to their investment committees with this. They will see that Jito isn’t just another protocol—it’s showing everyone else what the future of on-chain value distribution looks like, and the asymmetry associated with spotting this trend before it’s talked about on Bloomberg. As traditional institutions search for yield in digital assets, protocols with proven revenue models and regulatory-compliant distribution mechanisms will command significant premiums. Jito isn't just leading this transformation; it's writing the playbook for the entire industry.

Theres no actual solution to this kind of stuff btw besides just quoting smaller, and possibly freezing funds to pay back hlp I am available as consultant if youre looking to implement the latter


I hate the neutral validators. When enemies you know where they stand. With neutrals, it sickens me.