Jimmy

🚀🔥 The Rise of @DoodleDevils NFTs and @deanlmball the DoodleDev on Solana! A Thread 🧵👇

Things heating up in the kitchen on @pumpdotfun with me and @smsonx We got the tequila flowing and ready for some give aways let’s get people on the stream and watch us build a game live for content $100 to one person who retweets this and joins the stream it’s time to start giving back. @dcmonsol on top 💙

Developer Capital Markets x.com/i/broadcasts/1…

I unlocked £25 Rush tickets for @sixthemusical on @TodayTixUK! Tap to unlock: todaytix.com/london/shows/1…

I am my @HallowedGr0unds, and my @HallowedGr0unds is me!

is this thing on? first 999 gm damn we're really running it up Solana. Magic Eden on Solana.

A year ago @SolBoomers minted for FREE. We hit highs of 3 sol fp and lows of 0.06. With no mint fees most projects give up, did we? Fook no. We continued shining a light on talented artists in the space and have brought 15+ free mints in a year, and will continue to do so 💪

DAY 2 OF GIVING AWAY A @CurvedC64589 TO CELEBRATE BONDING ON @CurvedWtf TO ENTER: RT FOLLOW @CurvedC64589 DROP YOUR WALLET GOOD LUCK 😎

@SCAM_ERICA603 @DeGodsNFT @solana_dean @HeartAnd_sol @moontoddler

How we're making $CLOUD the greatest launch yet I wanted to talk about how we're working to design the LFG launch to make the $CLOUD launch truly great: as liquid, fair and aligned as possible for everybody. A great launch must be liquid. The baseline of any great launch is that it must facilitate robust price discovery. There must be thick liquidity on both sides, so that everyone who wants to ape in can ape in and everyone who wants to dump can dump without incurring large price impact. At the end of the process, all buyers and sellers have been sorted out and are happy with what they have. A great launch must also be fair. What is a fair launch? A fair launch is where everybody gets the same opportunity to buy, regardless of how technically savvy, how rich, or how famous you are. That means VCs, KOLs, CEXes etc., should all have to come in at the same terms as your average retail investor. This way, everybody gets an equally good entry, and retail does not end up becoming exit liquidity. A fair launch is very hard to do. Let's think about the basic version of the LFG launch pool. It starts off with all the $CLOUD and no USDC. It starts selling $CLOUD at a very low price and as more people buy in, the price goes higher and higher. After lots of buying and selling, the pool reaches an equilibrium, with thick liquidity at both ends. We have achieved robust price discovery. Great! Is this a fair launch? Sadly not. The reason is simple: bots. Everyone knows the start of the curve is a very good deal. Therefore there will be many, many bots jostling to buy the first few tokens and flip them immediately to retail at a higher price. Instead of retail getting a good price, now it's the people running the bots who are making millions. This is unfair. To prevent bot sniping, we will be using @MeteoraAG's "Alpha Vault". Instead of being first-come-first-serve, the Alpha Vault opens a few days before trading actually begins. Anyone can deposit and withdraw any amount of USDC at any time until two hours before the launch. When it closes, everybody who deposits into the vault gets filled proportional to the USDC they put in. The price they pay will be a discount to the market price, since the initial tokens are sold at a very low price. In return for this discount, the people who enter the vault are locked up for a period. Launching like this is fair, but we can do better. The last thing a great launch must be is aligned. That means that the tokens should end up mostly in the hands of long-term aligned believers in the protocol. Ergo, only those who are long-term bullish and patient should get a discount. Therefore, we are introducing a long lockup period on vault buyers. This is to chase away short-term people out of the vault, so that those who remain can get a larger discount and better price. Basically, we are tweaking the lockup period so entering the vault becomes a difficult choice, not a no-brainer. If the lockup period is very short, both short-term and long-term people will choose the vault. If the lockup period is too long, even long-term people will have a hard time justifying their entry. We must design to create a separating equilibrium. What is the lockup period? We haven't decided yet. We are currently thinking of a 2 month cliff and 6 month vest, but this may change based on community sentiment (e.g. 1 month cliff/3 month vest, 3 month cliff/9 month vest). But it's important to me that the maximum lockup period is less than 12 months: I want vault buyers to fully unlock before the team and VCs, not the other way round. Please feel free to dump on us :) == What this means for you == What should you do if you're planning to participate in Sanctum's token launch? As a buyer, you have a simple choice to make. Are you long-term bullish on the protocol? If yes, then choose the vault. Otherwise, buy using regular LFG instead. Both can be good; there is no right answer. Before you enter the vault, please think carefully: if a bear market comes in the next few months, are you really going to be able to stomach a big drawdown without being able to exit? Think long and hard about this before you make your decision. Previously I said that we will start the curve at $0.05. I am happy to announce that we are instead going to start the curve at $0.001 (1M FDV). I want to add more zeroes in front but I will need to check with Meteora if that is possible. Needless to say, this is lower than any price we have sold or will ever sell the token at. We want to give LFG participants as good an entry as possible. The LFG curve will end at $0.50. That means that the maximum price any LFG participant will pay is $0.50 (500M FDV). We think that this will allow room for price discovery while preserving good upside for LFG participants. The vault will be capped at $10M, 50% of the total USDC amount. That means the maximum price any vault buyer will pay is $0.18 (180M FDV), no matter how many people deposit into the vault. If the vault is oversubscribed, you will get a prorata allocation and the remainder will be refunded to you. Vault buyers will always get a ~50% discount on the initial starting spot price. The actual discount may end up larger or smaller depending on subsequent market demand. If you are not confident, you may want to hold off on the vault and see if you can grab the tokens at a lower price. But of course you may also miss the opportunity if the price immediately shoots to e.g. $1. In that case vault buyers will have got at least a 82% discount. If you take one thing away from my post, remember 50-50-50: 1. The max price any LFG buyer will pay is $0.50. 2. If you enter the vault, you get a 50% discount but are locked for 6 months (tbc). This is meant for long-term buyers. 3. The vault is capped at 50% of the total LFG curve amount. The max price vault buyers will pay for $CLOUD is ~$0.18 (180M FDV). Our North Star at @sanctumso is delighting our users. And one way to delight our users is to do a great launch: to give all our users a good entry into $CLOUD so we can all happily grow together. We are making several very big bets with this launch. No CEX listing fees. Close collaboration with @JupiterExchange LFG. And everything you read above. VCs, protocols, and CEXes are all watching very closely; we will set the tenor of all future launches. Will they think of the $CLOUD launch as a smashing success? Or a cautionary tale? If you want to see the paradigm shift to the decentralised meta, for @solana to be the birthplace of truly great launches, lend me your support. Spread the word, tell your friends, and let's make this a launch for the history books. Thanks for reading! As usual, I will hold a technical deep dive/AMA with @0xSoju from @JupiterExchange on 14th June 2024, 2pm UTC.

Everything they told you is a lie... ◼ INTERACT ◼ Collect ART ◼ Wait for Orange Pill FADE•AT•YOUR•OWN•RISK 😈

@KraftDemo Shill no more fam! Secured 😍

Gm folks shilling those mfers for the last time. Friday am I right? Nothing worse than waking up.

THE DECENTRALIZED WAY is the only way. ◼ INTERACT ◼ Collect ART ◼ Wait for Orange Pill FADE•AT•YOUR•OWN•RISK 😈

@sudoShinobi @YseNft @gngstApeSociety GM lord!

GM Legends 👑

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We’re excited to share updates about $Z, including release schedule, incentive emissions & vision. There's been considerable discussion about token launches within the Solana ecosystem & beyond. $Z's tokenomics have been designed for the long term. Here’s what sets us apart 🧵

The first @gngstApeSociety Ape is live for all eternity and it’s clean as fck Fade•At•Your•Own•Risk #btc $Dog 🟧 Link below 🟧

The very first @gngstApeSociety has been inscribed!!! With editable backgrounds!! Fade at your own risk......🤪😈👻 ordiscan.com/inscription/70…

There are just over 24 hours left in our Community Airdrop campaign! Truly outstanding support from all of our partner communities with over $500M in trading volume and 20k+ traders! 🤯💜 @JupiterExchange, @PythNetwork & @deBridgeFinance are still leading the way for the bonus allocations - can anyone stop them? 🚨VIP Reminder 🚨 Please make sure you are eligible for the community you’ve been trading in! Eligibility will be checked at the end of the competition so you still have (some!) time. If in doubt, come to Discord🤝 LFZ 🫡