



ClickerCooker
143 posts

@clickercooker
schizo statistician and programmer turned onchain data sorcerer @terminalclicker and @thecovequant






Day 2 of my $1k to $50k challenge







This is going to be a long post in summary of the past 2 weeks with a tldr in the comments if you don't want to read much in interest of transparency as I prepare to bring things live again 1. What is happening with $COVE and @TheCoveQuant To be honest I think I got caught up too much about thinking about price and generating a nice narrative rather than building a good product, and while this attempting to keep up with the market and shift strategies appeared to work at times, it would lead to the still quite small team getting tired. On top of this to speak the truth I was coding to push releases and not to build a sustainable base to grow from. The last 2 weeks have been a shift on that ideology, with my thinking now firmly planted in simply proving the unique value of what I can build not just today but build from it in the future -- without worrying about the market or price but truly on building tools for both devs and trench warriors. But to execute on that a few large changes had to be made: 1. A real complete overhaul of the code focused on getting the existing cove system(s) up in running in 5 mins for committed cracked cove devs to easily join and run all of cove fully from the data inflow to the telegram bot for local testing -- this is currently an internal repo in the new cove-org but I will be migrating all code here/refactoring it to be owned by github.com/CoveQuantAI. 2. Coming up with an actual design for how all the parts of Cove could interact and also on establishing more decentralization and community-driven incentivization bc I know I have promised a lot and I can also promise that if it is just the core small team working on it all it will not get done. The community is your biggest strength in this game and I think a shortcoming in the past 2 months has been being too deep in the weeds of devving and not focusing on that. Because truly the $COVE community is the best out there and I thank you all for sticking thru all this time. There will be a more detailed overview on how this will all specifically function but a snapshot has been taken and the team has been noting 'earnest' members of the community, your contributions do not go unnoticed. 2. Ok that all sounds good wen terminal, wen twitter bot, wen? I don't want to upset anyone and make promises on things that I can't control but what I can say is 1. It will be a staged release -- We have collected beta testers and will roll access out to them first when it is ready -- After this the plan is to work on the new twitter bot and collect feedback -- Apply as much feedback as possible and rollout to snapshotted users in batches. I expect this closed beta to last maybe 1-2 weeks but will see. Moving forward from there, come parts of COVE such as terminal will be in 'semi-private beta' mode, while other parts such as the tg bot may not be. Again I thank everyone who has held through this period, it will be worth it, even if it takes >6mo there's too many things of potential value that could be built on solana alone, not even to mention other chains. My vision for $COVE will come to light, no matter how long it takes.

In doing this I noticed that the distro of returns applying this strategy to low-caps pump funs was like 60-80% depending on the market (and 90% of the time they bonded so inits could have been taken)