Mac

I'm leaving X. But before I go, I'd like to say a few things. Punishing customers who try to help you improve your product is a great way to end up with fewer customers and a bad product. The sequence of events: 1) A month ago I discovered a user privacy exploit using Grok 2) I reported it privately via multiple channels and was told repeatedly that I was wrong 3) Some of what I discovered became public weeks later, but the more dangerous exploit was not addressed directly 4) Yesterday a patch was released to solve the problem I originally reported 5) Throughout this process, my account received significant "reach suppression" as diagnosed by Grok himself. I've attempted all the recommended support pathways and troubleshooting for this and nothing has worked. The last resort is an "account reset" which requires leaving for at least a few days. This is particularly frustrating because I had a big announcement planned this week. But if a bullish catalyst drops in the forest, and no one is able to hear it, did it even happen? For the past 4 years, I've tried to walk a fine line between telling too much truth and protecting the best interest of the Gecko community. Every once in a while, I get it wrong, and I got it wrong this time. X is still the most important marketing channel for NFTs, and I have cost us a lot of visibility. The lesson here is simple: if you aren't going to glaze our overlords, it's best not to say anything at all. I'm going to try to hold my tongue from now on. Geckos are very fortunate to have one of the most active discords in crypto. But what if we didn't? What if X was everything for us? Let this be a reminder not to put all your eggs in one basket. Have redundancy. Have a back up plan. I'm going to take advantage of this time to bolster additional channels as well. Whether you hold a Gecko yet or not, you'll want to be in our public Discord channel. Link in bio. GBABM.

Fresh Start Phase 2 Completed: Burning the Litterbox & Reducing the Unstaking Window We have completed Phase 2 of the JUP fresh start, which aims to align JUP strategically with the broader objective of creating the platform, community, and token to propel billions of people into DeFi. The Fresh Start is fundamentally about taking a much more strategic approach to JUP. We took a hard look at the problems around governance and the over-emphasis of DAO comms and realized that attention was being negatively averted from the great work of the team and the community. Phase 1 was all about minimizing the DAO, resetting the community, and simplifying the narrative. Phase 2 was all about voting on the Litterbox Burn of ~130m $JUP. Today we’re executing that burn, alongside reducing the unstaking window to 7 days in accordance with the feedback from token holders. Moving forward, we’re also taking a strategic approach to Jupuary, taking into account opinions from all. We’re actively designing it to vastly reduce initial emissions, greatly increase alignment for those who hold the airdrop, and focus on the core platform needs and vision of accelerating decentralization. We will continue to work through what should be doing with the ongoing 50% of revenues sent to the Litterbox. We’re also continuing to find new ways to integrate $JUP into the product suite. It already is integrated into our verification system (where Express Lane fees are burnt) and into our Metis Binary (where 10,000 staked JUP are required for access). Next, we’re going to explore more ways for JUP to be integrated into our future platforms elegantly. Through it all, we will continue to read every post - across X, the Research Forums, and Discord - to better understand what token holders want and how we can balance those desires with the needs of the project. A deep deep thank you to everyone who has already shared their ideas, and a special thank you to anyone who shares them going forward!

Jim Cramer says American Bitcoin investors could potentially "lose everything." 👀