Charlyflies

@Alex333_282 @pokemonad_xyz @macbrennan_cc @project0 That’s a screenshot when initially supplying.. I’m not talking about that: Project 0 doesn’t disclose that Drift is used when you later swap your collateral

@pokemonad_xyz @charlyflies @macbrennan_cc @project0 here?

Two principles I’m working by as we assess the Drift exploit: 1) Drift lenders on P0 chose Drift specifically, we will ensure these lenders are proportionally socialized (as opposed to other venues like Kamino or Project 0 native market) 2) Keeping P0 paused while we clear these socializations ensures all users of P0 are treated fairly. This a) minimizes socialization per user, and b) also doesn’t potentially punish users who are away from their computer and can’t withdraw. We’ll keep everyone continuously updated.

@pokemonad_xyz @macbrennan_cc @project0 Show me where in the Project 0 UI does it say Drift when swapping all my Sol collateral to USDC?

@charlyflies @macbrennan_cc @project0 how can you not be aware? just read the name next to supply

@PGelsinger God bless you Pat 🙏

“But they who wait for the Lord shall renew their strength; they shall mount up with wings like eagles; they shall run and not be weary; they shall walk and not faint.” Isaiah 40:31

@solblaze_org @youknow_steve Same. Got bsol deposited in marginfi for over a month and did not get anything during the purported airdrop of a few days ago..

@youknow_steve What do you mean?

Whatever happened to $BLZE emissions @solblaze_org??

@solblaze_org Additional info you may find helpful: my bsol was purchased on jup and then deposited in marginfi (did not stake sol for bsol on the SolBlaze website).

@solblaze_org Been lending bsol on marginfi for a month now and was surprised to not receive any BLZE after this announcement. Please send airdrop for marginfi users with bsol.

More BLZE is being airdropped as part of ongoing rewards! There are tons of new integrations on the list :) Please be patient as it may take a few hours to receive due to all the transactions that need to be processed. Keep staking SOL with BlazeStake for future airdrops! 🔥🪂

@solblaze_org @c0inflipper1 Where can I find the post u were referring to?

@charlyflies @c0inflipper1 More details about exact mechanics will be included in the announcement post

BLZE usage will be a key part of SolBlaze Points, not just bSOL I sure hope you kept the BLZE you've been receiving in free airdrops. In case you got rid of it, well there's still a bit of time before points launch to fix that 😉 Get ready for an exciting new rewards mechanism!

@solblaze_org @c0inflipper1 Will rewards for BLZE deposited be retroactive?

@c0inflipper1 BLZE in governance will be counted for points with extra multipliers for longer lockup time 😉

@samoyedcoin Fed chair Samo supports sound monetary policy involving high $SAMO ownership per capita. #25DaysOfSAMO

It's December, so you know what that means, Famoooo... our 3rd annual #25DaysOfSAMO!🎁 Between Dec. 2 - 26, we're giving away $50 worth of $SAMO DAILY to the best Samoyedcoin meme. ☃️ HOW TO WIN! 🐶 • Comment your memes between Dec. 1st - 25th, along with #25DaysOfSAMO • NO LIMIT on entries! • Winners will be picked the following day • Holiday memes preferred! MEME CREATION! 🎨 If you need a SAMO graphic for your meme, check out the "meme-templates" channel in our Discord! discord.gg/samoyedcoin Also, be sure to head on over to 3look.io to create a meme! @3look_io just added SAMO stickers this week!

@coinbureau Solana liquid staking pools such as @solblaze_org , Marinade, etc. would be interesting

GM! Going to be doing a Solana $SOL update video this week. Anything you want us to cover specifically? 👇👇

@Ponkcoin Where can I see the tokenomics to do some due dilligence? The button is not working on the ponk website

A little recap of the last week what we have archived since launch: $PONK ✔️Successfully launched. ✔️ Airdropped over 3000 active traders on Solana at launch. ✔️ Airdropped 3,700 active bonk traders & whales. ✔️ Updated the website to V2 version (New update coming). ✔️ Coingecko Update (CMC Monday). ✔️ Reached #1 on Dextools, Dexscreener, Birdeye & Coingecko. ✔️ Rebranded the project (New logos & designs). ✔️ Built a strong community on X and telegram. (The engagement is crazy on twitter!). ✔️ Updated all DEX and got verified on Jupiter Exchange. ✔️ Burned over 42% of the total Supply. ✔️ Mayan Finance listing & created Ponkswap. ✔️ Completed the stage 1 of the roadmap in 2 days. Stay tuned! 🐸

@IcedKnife $SAMO the OG of course! @samoyedcoin was the 1st meme coin on $SOL. Everything else came after

choose 1 $SOL meme coin to rule them all. Go.

@weremeow @JupiterExchange This is a reasonable allocation. A 2.5X to 3.5X multiplier for 2023 volume seems sensible, especially considering the intensity of the bear market which was endured.

Grow The Pie Update #1: Community Airdrop Hey Jups, here’s the breakdown for the first round of the community airdrop, along with a detailed rationale about how we arrived at it. Warning: This is a long post for patient geeks only. If you are only interested in knowing your own allocation, please wait next week for the official airdrop site. I wrote this post because I wanted to be as open as possible about explaining our thought processes, unique circumstances and data points we have gathered, and make sure that the airdrop is as understandable as possible, even the nuances of the discussion. We take every part of the airdrop discussion very seriously, and we are immensely grateful for all the time and effort that everyone put in. Even if we cannot give everyone what they deserve or think is correct, I would like everyone who ever interacted with Jupiter to know that their usage/contribution was seriously considered. We will re-open the airdrop channel on discord till the end of the week to allow for further debate on some details. Next week, an official airdrop allocation site will be up for everyone to check their stats and allocations. That will conclude the current phase, moving us to the next phase of the JUP token launch. BASICS: 1/ There will be 10B JUP Tokens. 2/ As mentioned in our Breakpoint talk, this airdrop is to engage users who used us in the past, and invite them to be closely involved with the next phase of the Jupiter journey. Which means, the 955K wallets who interacted with Jupiter directly before Nov 2nd are eligible for consideration. There will be future rounds of airdrops for new users, so stay tuned for that. 3/ This is obviously a massive number of wallets, and with 35B of volume, how to slice it up to make it meaningful was always going to be a challenge, but we are gonna try our best. 4/ All users who interacted with Jupiter via our many amazing integrations for example @solincinerator , @solendprotocol and all the wallets will be included in the airdrop if the transaction was signed directly by the user and we have that data. 5/ Also as mentioned, 40% will be allocated to the community over 4 rounds of airdrops. 10% will be allocated in this round, which will be 1B tokens. We expect to start one more round of growth oriented airdrop before token launch. 6/ We have never announced or even hinted at any form of airdrop or even token until a couple of days pre-breakpoint. All growth has been purely organic. There was no massive increase in wallets in those few days, so there’s no reason to think that we were massively spammed. Therefore, de-duplication is not a particular area of concern for us, but will definitely be for future rounds. 7/ All previously published dashboards and criteria were from 3rd parties. While certainly a good proxy, we are taking into account a much wider set of data points and nuances into consideration. So do wait for the official site next week to check both the volume, score and allocation. 8/ First round allocations will be up next week but tokens will not be live yet. There are several phases to the token launch, which we covered in the breakpoint talk and we will share more later on. PERSPECTIVES There were many extremely different perspectives and proposals being floated over the last week, with 2 major directions, the first being a completely even distribution, and the other being a completely volume based distribution. There were also many great proposals that aimed to strike a balance, and we took inspiration from many of those. DATA Based on these feedback and ideas, we looked into the data in a lot of detail, which you can see in the attached image. 1. Massive Power Law At Play The most important data point here is the massive power law in terms of trading volume. 0.1% of wallets account for 60% of volume, while 0.2% account for 80% of volume. Even within the 0.2 tier, there are non-bot users that account for 240M of volume, far more than the average user in this elite tier. Conversely, the lower 70% accounts for much less than 1% of volume. A linear (or even quadratic) proportion based on volume will not work for a good distribution, even for relatively power users with >100k or >1M of volume. We did not want to overcomplicate it with fancy maths too much (base x logs), so we opted for a reasonable tier method instead that will ensure that no one will get way too much or too little. 2. Bigger wallets were more active before 2022, while smaller wallets were more active after 2023 A larger number of the bigger wallets turned out to have used it mostly before 2023, while smaller wallets were more active in 2023. This suggests that a multiplier for 2023 volume will have the effect of bumping up small wallets into higher tiers. 3. Stable/xSOL-SOL/Bot volume were more significant at the highest levels One interesting observation was that stable/xSOL-SOL/bot volume was far higher at the highest levels. For example, the 2 wallets that did >500M in volume were purely arb traffic. While our share of user volume has greatly increased over time, arb bots consisted of a fairly large volume, especially early on in the cycle. To be clear, there are many kinds of bots, and many of them play an important part in the liquidity ecosystem, so this is an observation to open up the conversation about whether to differentiate between these volumes. There are many other interesting observations not covered above, but feel free to join our discord and chat more! AIRDROP BREAKDOWN With these in mind, I would like to present the airdrop breakdown for the first 10%. 1. Even distribution for all wallets (2%) 2. Tiered score based distribution, with score based on adjusted volume (7%) 3. Community members on discord, twitter, developers (1%) We believe this breakdown will reward power users and contributors significantly more, while likely giving everyone else a reason to come back and engage. Let me dive into each of these categories: 1. Even distribution between all wallets (2% / 200M tokens) While not using volume as the major criteria was always going to be a non-starter, we also greatly appreciated the point that we should aim to be as inclusive as possible to maximise the community building potential here, and bring as many people back as possible regardless of volume. As such, we are allocating 200M tokens, which means about 200 tokens for each account, which would be a nice welcome present if Jupiter does well. For those who have not tried out Jupiter or Solana for a long time, do come back and try us out again - lots have changed! We are not de-duplicating here for reasons mentioned above. We have never announced an airdrop before, and neither did we see a huge influx of wallets at any point in time, so we think it's more important to have everyone included, vs performing opaque methods of deduplicating. 2. Tiers Based On Adjusted Volume Score (7% / 700M Tokens) The vast majority of tokens in this drop will be allocated towards a tier based scoring system, with adjusted volume being the main point of reference. Here’s where we leave the simplistic into the much more nuanced landscape of allocating based on how much they engaged with the network, how much they used Jupiter in during the bear market, and the nature of the volume. Based on the **NON-ADJUSTED** volume, we will be looking at approximately: Tier 1: Top 2K users, 100,000 tokens each (est >1M trading vol) Tier 2: Next 10K users, 20,000 tokens each (est > 100K trading vol) Tier 3: Next 50K users, 3000 tokens each (est > 10K trading vol) Tier 4: Next 150K users, 1000 tokens each (est >1K trading vol) It is important to remember that we are using these volume numbers as a proxy, since the final tiering will be based on the top X users in the given tiers based on adjusted volume. The adjustments will likely be the following: - multipliers for 2023 volume (likely counted 2X or 3X) - zeroing of arb volume (defined as samemint - samemint txns) - removing of known accounts (for example wormhole exploiter) So, someone who traded mainly in 2022 but disappeared in 2023 will likely be dropped in tier, while someone active throughout 2023 will likely gain in tier. One question that we are going to leave open will be whether to discount stable, xsol-sol and bot traffic. The obvious flaw with this approach is simple - the tiers are pretty broad, tiering is kinda sorta unfair to those who just missed out on the past tier. For example, even in tier 1, you have a user who traded 240M in volume vs the average of 1M traded in that tier. We opted for this approach because as mentioned in the earlier section, there are massive power laws at work and we want to design a system where we get meaningful amounts of tokens into large numbers of active users of Jupiter, yet have it be meaningful for everyone if they do well. This approach ensures that anyone who used Jupiter actively, particularly in 2023, will likely see their activity reflected in the various tiers. And since this is a community building activity, not an academic exercise to have the mathematically perfect distribution, and I personally don’t like things that are not understandable by everyone this is what we opted for in the end. 3. Community Contributors (1% / 100M Tokens) Given that community contribution cannot be placed side by side with users, we have created a completely different allocation for discord contributors, Twitter supporters and developers. There will be multiple tiers here to reflect the level of contribution these amazing folks have in helping us become the platform we are today. We will have a preliminary list up next week, and allow people to submit additional requests as well. Next Steps We will reopen the airdrop channels for final discussions today and wrap up the discussion by Friday. Discord: discord.gg/jup By next week, there will be a site for everyone to check both their allocation, volume, adjusted score, community rank, etc! On this note, thanks to everyone who has been part of the amazing discussions. I am particularly grateful to @durdenwannabe for doing multiple useful polls that enlightened us on various points of consideration, @_Dean_Machine for making a very clear case for community involvement, @y2kappa for highlighting developers and integrators and @retiredchaddev for opening up the discussion around doing this openly. And of course, there were many countless others in our discord that I will thank separately later on! It is an amazing experience, and I seriously learnt a ton from everyone. I know it has been a long experience for everyone, but I hope that we can collaborate as a community on the next few phases of the token launch!

@UpholdInc @bonk_inu @solana Actually @samoyedcoin was the 1st dog-themed coin on Solana. Look at the charts

$BONK is now available on Uphold! @bonk_inu is first dog-themed meme coin on the @Solana #blockchain. 🌠 BONK trading is NOW open! ➡️ wallet.uphold.com/login

@GooseFX1 Option C sounds good! $SAMO

What token should we add next week to our SSL pools? A. $RLB B. $ETH C. $SAMO Comment below 👇

@sats_9th ❤️🇵🇸

@BTCKings_ @PepesPixel

Which projects deserve WL spots for BTC Kings? 👇

@GonzoSOL @BTCKings_ Because I saw my BTC King in a dream where he was being crowned.

@coinbase @brian_armstrong Done. Let's go crypto!!

1/ The community is clearly fired up about sensible crypto policy. Here’s how to continue the support 👇 1️⃣: Mint a Stand With Crypto commemorative NFT 2️⃣: Add a shield emoji next to your Twitter display name 🛡️ 🔗 coinbase.com/standwithcrypto