defido 👊⛽️

onchain trading’s watershed moment will be: AI dev ships a product -> raises funds onchain -> becomes one of the most valuable products in the world

@aajxbt Actually I think this is the mode

They made a Solana washing machine 😭

@mst1287 @seyong 100% correct, every dollar not in the AMM pool is likely going out of the system of Solana and that has been true for almost all launchpads.

@seyong Few people understand that it's just a math problem. Every swap takes a fee that deepens liquidity of the token. The only input is $ volume of swaps. Increasing the fee disincentivizes volume. Adding additional fees that don't add to the LP take money out of the system.

the ONLY way to revive the the golden days is to solve backwards from “what makes people want to ape 1% of a 1bn coin” …it is certainly not taxes on buys/sells

@seyong We think the same :)

You should be able to make a monthly profit on something you build using the worlds financial API that is Solana, but it's just not really done yet, it's all businesses and VC run lottery based stuff atm. Bet on this, gamble on that etc. Would be cool to see single developers like Levels io do the same on Solana.

@defido Agree. The system is a skewed in crypto. It’s as if it is expected that developers make no money. TikTok takes 50% of creator revenue. Twitch is very similar in its revenue model. Only place you aren’t allowed to profit as a developer is crypto.

If a single developer can’t make themselves tens of thousands in revenue a month or millions a year without a VC using Solana. Then we haven’t won or gotten close. If it’s possible with stripe it should be possible with the worlds open finance api.

@_mchenco Ayo nice!

kimi is here. workers ai is officially in the big model serving game blog.cloudflare.com/workers-ai-lar…

@gibdotmeme @NeiroWoof Yeehaw

@defido @NeiroWoof this is a farm ser welcome to my pond

Buying 20 SOL of a random Memecoin & giving it away as rewards in our game Drop the strongest community below 👇

Once they start to get into the business of token launchers, jup studio, launchlab etc it cuts into what their REAL business is, liquidity provisioning and technology, these are two very different businesses. See how meteora has handled that with the tools they have for others to provide LP to ANY token, they don't care where it comes from even if it comes from pump swap. Once they get into the token launching business they try to now become someone focused on deriving revenue just from pushing tokens instead of harnessing liquidity. A good AMM should be chasing liquidity anywhere it is.

@defido @BagsApp @Raydium @NeiroWoof That’s also a decent structure, but honestly why can’t the AMM be in the business of token launchers? IMO it just has to be done right.

0% fee mode on @BagsApp is a PSYOP yes you only have 0.25% swap fee after bonding but only 50% goes back to the LP, another 25% to the creator and 25% to Bags @Raydium Launch Lab also charges only 0.25% swap fee after bonding and 100% of that goes back to the LP

@0xbl33p @ganjathang @BagsApp Yeah that's what I thought, I'd need to check a post bond, it's certainly not 0. I would say it's 0 to the creator post bond. Which kinda kills the reason for bags in the first place.

@defido @ganjathang @BagsApp It’s not 0 post migration. You were correct with your dbc and dammv2 migration. it’s 0.25 post migration and 1 pre migration. So it’s closer to 0 than 1 post migration but still not 0.

launched $ZERO on @BagsApp cause they dropped their fee to 0. the 0.25% you pay is meteora’s post-bond minimum. bags takes nothing on top. i’ve written about fee structures before. check my profile. bags is running a $100k challenge. highest mcap coin wins. if we get there, the 100k goes back to all of us. not me. you are the market. hold or fold. cc @finnbags — would love to learn where your inspiration to this came from 😁 bags.fm/C8ToZYAri4Ly7U…

Agreed I do prefer it, don't mind a small launcher fee, but nothing ass. The @neirowoof launcher, albeit Meteora and not raydium is 0.20% to LP compounding to 0.24% 0.08% to the launcher and 0.07% to Meteora. 0.35% in all. Which is a better model. 0.25% was always better but no one can beat the AMM themselves and the AMM can't be in the business of token launchers, it always fails. Pump being their own AMM will ultimately flop.

true yeah but it was 0.22% all the time also on oldschool pumpfun tokens and other oldschool tokens so basically it’s like the old tokens that everyone is asking for. the model was working before when pumpfun migrated their coins on raydium, it’s not the AMM + launchpad that fucked pumpfun, it’s the introduction of 1% fees for creators on top of the swap fees that they introduced Raydium coins already proved themselves that it’s a working model, all the old runners have been on there

@seyong @iruletrenches bropump NEIRO, why not. CTg3ZgYx79zrE1MteDVkmkcGniiFrK1hJ6yiabropump

@iruletrenches what should i buy

Wait a second, @seyong you need to start buying some coins my chigga You know what to buy

@cavemanloverboy Interesting will have to fire up cursor again

@defido real

Composer 2 is the greatest model of all time

@ganjathang @0xbl33p @BagsApp 0 CREATOR fees post migration would be possibly correct, would need to check a bonded token.

@defido @0xbl33p @BagsApp just like they said. ~0 after bonding. before bonding they are cheaper than pump btw too.

@ganjathang @0xbl33p @BagsApp Got it so not 0 fees, lots of fees, just lower. You're token didn't bond thus you get those fees, post migration is different.

Claim_dbc (platform/protocol claim): - total pulled from Meteora DBC Pool Authority: 4.191157501 WSOL ($368.43) - 1.571684063 WSOL ($138.16) to 8SrW8D…HCiAYs (bags platform) - 0.523894687 WSOL ($46.05) to DKDpv2…sX85to (meteora protocol) Claim_user (my claim): - 2.095578751 WSOL ($184.21) to A2Q57a…SNjDAU (my bags wallet) so the actual split of the 4.19 WSOL total fees: - creator: 2.095 WSOL = 50% - bags: 1.571 WSOL = 37.5% - meteora: 0.524 WSOL = 12.5%

@cursor_ai NEW MODEL JUST DROPPED HONEY

Composer 2 is now available in Cursor.

@ganjathang @0xbl33p @BagsApp solscan.io/tx/371MKAXUHF3… How did you get that from this claim? those numbers don't match for me

@defido @0xbl33p @BagsApp did that. pre bonding it's like this, when I claim: creator: 50% bags platform: 37.5% meteora protocol: 12.5%

@brian_armstrong Probably very long if we're serious with ourselves because there is already computer to computer payments?

How long until agentic payments overtake human payments?