jerry

fun fact doubling the amount of quote assets in a v2 style pool quadraples the price of the base asset if the LP holds 5% of tokens against USDC, injecting 5% of the mcap into the LP will 4x the mcap just 5% of mcap needed to create 300% of upnl the price is not real, ily

Metis V8: Solving The QE Drift Metis, the top router in DeFi with more than $2T+ in lifetime volume, has always been focused on the hardest problems in routing. And these days, it is not just about finding the best quote, it is about making sure what lands is as close to the price you were quoted as possible, aka The Quotation-Execution (QE) Drift. V8 is focused on solving that holistically from multiple dimensions in a systemic way: 1. Incentives: Slippage Penalties 2. Design: JIT Onchain Finalization 3. Infra: Sub-2 Slot Latency 4. Option: Rapid Quotation Mode Let us explain:

i 100% understand the game, point is 1. active mm involvement is what keeps markets alive esp in crypto, tho obviously in this case it was egregious 2. you're simply not supposed to participate 3. using influence to force the token down is same as mm using money to pump the token

@bitcnoi @zachxbt No, you don't understand those games. Whoever is pumping it has all the float. They will have 100% win-rate and milk unknowing participants. If masses long too much they can nuke it any time, if people try to short they print on funding while maintaining uptrend or chop.

Nobody in crypto has the skillset, credibility, and reach to take on RAVE and the broader extractive coin meta the way @zachxbt does. Proven track record, high signal, zero grift. Sending him 10K for future bounties specifically on these manipulated scam coins. Every large KOL who monetizes should follow through and fund this. If he kills this meta, it will be a far bigger win for crypto than most people realize. We need to back him.

@SalsaTekila @zachxbt if we agree the end game of markets is clearly and simply pnl then it doesnt seem justifiable to take moral high ground for "exposing" the fraud if anyone profited from shorting it in this incident then they're on the same pedestal as the mm

@bitcnoi @zachxbt Exposing fraud isn't the same as committing it. The 100x pump and the 98% dump are two sides of the same scam, the bag was always going to zero. We need someone like Zach not only to discourage future fraud but to go after current frauds.

@wassielawyer LMAO this is in the top 5 tweets of your CT career brother

Any man who must say “I exited my startup” has no true exit.

The vault just opened. Priceless Citizens are LIVE. 420 pieces of the Jupiverse. Captured, sealed, and ready to be claimed. Some will hesitate. Some will enter. Either way, everyone is priceless. launchmynft.io/sol/22823

To celebrate the launch of cashback and referrals on Jupiter Global, we're doubling the rewards. For 7 days only, referral rewards are 2x. You refer a friend → you earn $50 USDC (normally $25) Your friend joins → they earn $200 USDC (normally $100) This window closes Sunday. Don't miss it.

@wassielawyer @naiivememe 🥹

@naiivememe @bitcnoi

Your future Japanese wife working so hard just for you to retire her immediately. She's waiting for you at the next bull run. Stay strong

Introducing Jupiter CLI: the easiest way for your agents to interact with Solana. Spot, Perps, Lending, Predictions: all within your terminal in a single command (and within your agent in a single prompt).

Since I took over @MeteoraAG last March, we have taken insider trading risk seriously and put real safeguards in place. Meteora is a permissionless platform. And especially over the last 12 months, we’ve invested tremendous energy into making it robust and reliable enough to ensure projects can launch without any support from us personally. As a result, we often find out about launches or integrations only after they happen. As just two examples, both $NYC and $YZY, two of the biggest launches on Meteora in the past year, happened without our prior knowledge. Our energy is fully focused on building the best technology possible to power launchpads and other platforms. Our focus is not to get involved with deployers themselves. We are laser focused on what we’re uniquely best at, and that’s building great infrastructure, products, and community around LPing. Yes, we’ve seen the Polymarket. To be honest, we were as surprised as you were. So we immediately did a detailed review of the situation. After review, we remain confident in the way we handle integrations, launches, and the standards we hold ourselves to as a team. It’s been almost exactly one year since me and @0xSoju took over Meteora. When we stepped in, things were rocky. But we knew we had inherited an amazing tech platform and an even more amazing community. Every day since then, we’ve put every ounce of energy into doing things the right way for the sake of our users and the greater DeFi ecosystem. I am deeply proud of our team and what we’ve been able to accomplish so far. And I promise you this: we’re going to keep doing the same goddamn thing every day going forward too.

early this year, i posted a question on whether we should continue the buyback and early this week i posted an update on how the Jupuary timeline would look like. both tweets got a lot of attention. reading the comments and feedback from users has been eye-opening. now, for this proposal and option 2 (if it passes), here’s what it addresses in my mind: first, team emissions. there’s been a persistent narrative about team selling. with this vote, there’s a real path to stopping all team on-chain emissions entirely. if there is any selling, it comes from the treasury fully visible, fully on-chain. transparency over speculation. second, Mercurial stakeholder vesting. the buyout structure is designed to create a counter buy pressure against any selling, ideally creating a net neutral effect on JUP. it’s a clean solution to a structural issue. third, ASR will continue to reward stakers for staking. this will be something that will reward long-term stakers. also, with January letterbox buyback standing at almost 28m JUP (annualised 336m JUP), the buyback maybe more than the emitting staking reward, obviously, price may fluctuate and market will move. fourth, JUP token utility within products. there are things already happening across our products and there are plans to push more forward. i don’t want to guarantee a timeline but it’s actively being worked on. lastly, something personal. running a public protocol with a token creates real pressure to balance product building with token health. building great products is necessary but not sufficient, the token itself needs to be managed thoughtfully. this proposal is about resetting the fundamentals: products that users love and token economics that are clean and simple. anyway good thing about this proposal is it really resets the energy. for me, that means great products and a token structure that’s easy for anyone to understand and believe in.

Frankly, this is the most dishonest perspective on the “claim your fees” spam that I’ve ever read. Everyone knows that the moment he does it, it will haunt him on for the rest of his tenure on this app. Every reply will be about making the price goes up. We intend to update our API policies to block apps that create fee pools for non-consenting users.

@wassielawyer @jup_studio in before it turns out to be a smol week

@jup_studio @bitcnoi fire the intern.

big week

@CrypTomi98 @CryptoRich91 thanks for reaching out too, we are 100% down to support creators on the ground, always open to ideas and we're always speaking to the creators as well

@bitcnoi @CryptoRich91 It was a good idea and many thanks

he's not completely wrong trying to figure social monies is going to be hard, and we may not have motion in the meantime come to studio if you want to try figure out how to build a brand, grow community and start a movement, we will do our best to support you rt for awareness

@CryptoRich91 ok, what should we do then? tokens need to carry and pitch themselves to the market, i can only try to help enable that as far as i can

@bitcnoi Everyone has lost trust Maybe when a token is in trouble, studio told that provide technical support and development (for example MM) Now for example J4J (12k MC) The dev is, Sinye, who is trustable And now it’s going to zero soon, even though we worked on it for 7 months

@CrypTomi98 @CryptoRich91 we've been providing grants for creators to travel and connect and make merch, what else would you like to see?

I’ll be honest you’re talking about millions of dollars because studio focused on the biggest coin which the KOLs ended up destroying but there are also smaller coins under 50k where real people were working, holding, and doing their part, but they didn’t receive the proper support Sometimes just a few thousand dollars is enough for support, creating FOMO, and market making The key is here If I were in a good financial position, I would do it myself

@CryptoRich91 how can we support you in a way that creates millions of dollars to buy your tokens and not sell? open to feedback

@bitcnoi “we will do our best to support you”

@ALB_1WON i would give a left nut if someone could make me a memecoin that just pumps forever and makes everyone rich and most importantly no one loses any money on it ever

@beachlesslee dmed!

@bitcnoi jerry, let’s catch up at the venue!

CatLumpurr Day 3 twitter.com/i/broadcasts/1…