@MoonOverlord @Monkeshiter people like to actually play it it will survive. probably not good from a collecting standpoint outside of very og stuff
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RC
11.1K posts
RC
@Calhoun2rob
"It's not a pyramid scheme, you idiot. It's a buy the dip scheme."
United States Присоединился Eylül 2013
559 Подписки368 Подписчики
@Monkeshiter nobody is touching vintage magic cards and hasnt in years, I think time has passed them by tbh, they just dont have any relevant IP / tvshow anything
most of the new "special" sets are just inserting popular charcaters from OTHER franchises to try to help sales (spiderman, LOTR)
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bro yapping crazy for an l1 founder that hasn’t shipped their chain
CANTELOPEPEEL@CantelopePeel
"hello our platform is really good and people really like using it" Okay. Who? Where are they? Why are you talking?
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@MostlyData_ I think if the whole ecosystem was confident in mcp waiting a few more months isnt the issue its the waiting on top of the uncertainty if it will work or if it even matter when the time comes
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It's true that 90% of the focus is on validator client, scheduler, and microstructure.
The reason is very subtle I think, and that's because despite all evidences no-one is building towards a better Solana.
We are still anchored to "revenue driven" mentalities. We do something only if we can earn more. The funny thing is that by doing that we are loosing on other markets.
We still focus on FCFS vs FBA when the truth is that an every purpose chain should be FCFS with FBA at application layer.
This can be done at app level. FBA or rev strat are still used to create extractive incentives.
Do you think a user needs to wait 50ms before executing a simple transfer? No.
Do you think an oracle needs to wait 50ms before reflecting on-chain its knowledge? No.
I don't see a push towards a better FCFS with FBA at application layer, and this makes everyone still focussed on theoretical work that's not needed anymore.
Think about that, what makes HL great for perps?
1. Far more centralized and less distributed than Solana
2. Better control over validators
3. Unique set of rules (scheduler) for every participant under every validator
Things like "maker priority" are just fairy tales that one tells oneself to avoid accepting reality.
Solana to win needs to have:
1. Control over censoring
2. Unique set of rules for every participant under every validator
With these 2 points enforced Solana is already suitable to built a 5x better perp app.
N.B.: Pls don't say MCP will solve that, because we need a solution today, not tomorrow. Tomorrow the war is already lost.
mert@mert
talk on solana perps is weirdly mid curve the validator client, the scheduler, and microstructure are 90% of the focus but those, even if executed perfectly (they won't be) are entirely insufficient HL is already the leader to compete, you can't just match what exists, you need to be at least 5x better on a set of dimensions that matter for the end user while also catching up on distribution the non-academic problems are much, much harder to solve for than geeking out on engineering design
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@trentdotsol @Austin_Federa @solana @therealchaseeb i was kinda just joking tbh austin knows more than ill ever know
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@Calhoun2rob @Austin_Federa @solana @therealchaseeb look if you need spoon fed you're not going to meaningfully contribute to the conversation. we don't need cheerleaders
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I remain bullish on all things @solana with the exception of 2 things
1) there’s no MCP proposal/roadmap (yet)
2) @therealchaseeb remains unfired
chase@therealchaseeb
i truly miss blaming @Austin_Federa for everything =(
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@CarlKVogel @toly @solana @bulktrade @kamino i think his point is who cares what the foundation thinks
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@toly @solana @bulktrade @kamino @toly that's an actual quote from a foundation member
As you now, Solana has been our biggest ecosystem of investment and we want Solana to be the home of many great companies
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Heard from @solana foundation that @bulktrade somehow isn’t Solana aligned enough??
Bulk:
- increases solana AUM, rev, users, wallets, transactions
- provides deep integration with solana eco; eg will be able to borrow against your positions using @kamino
- increases SOL staking APY
- increases validator rewards, incentivizing more to come on and greater decentralization
More strategically for Solana, having a Tier 1 perps product reduces dollar flight to Hyperliquid
Bulk is genuinely a fantastic product and has many benefits over other perps products, including superior margining logic
But dont take my word for it, give testnet a try: bulk.trade
Disclaimer: I’m an investor
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@Pete14517405 @TheSageHitman33 can you even read? there is this thing called variance look it up
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@TheSageHitman33 So, he's going to go 14-3 then, right?
Because he's getting the same opportunity that Darnold did.
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Now let the “that’s an overpay” comments commence from folks who can’t even walk and chew gum at the same time without tripping over their own feet! 🤣😂🤣
#CongratsJSN 🫡
#KeepGrinding
Adam Schefter@AdamSchefter
ESPN Sources: Offensive Player of the Year and Super-Bowl champion Jaxon Smith-Njigba reached agreement with the Seattle Seahawks on a four-year, $168.6 million contract extension that now makes him the highest-paid WR in NFL history. The deal averages $42.15 million per year, and includes over $120 million guaranteed, both setting records for any wide receiver. The deal was confirmed by @WINSportsGroup.
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@DefiIgnas @Grantblocmates and they were proved very correct that tvl doesn't really matter for the future prospects as much as people think by alot
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Remember after FTX collapse Solana's TVL dropped and the team pivoted to TVL velocity metric: how much of that TVL is active.
We can then take users, trading volumes, fees, etc. Everything together starts to make a better picture.
But check the other stats in the screenshot, they are all low
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We’re still comparing chains like it’s 2020 and so much has changed. The industry desperately needs a total rethink on how we actually assess what we class as success.
If we’re still comparing how successful a blockchain is by TVL and other vanity metrics that don’t necessarily mean anything but make us feel better about ourselves and give us some sort of false truth, then we’ve gone backwards as an industry, not forwards.
TVL is easily gamed. Half the VCs just pivoted to TVL deals because they were incapable of picking winners and got extremely favourable terms from desperate ecosystems and projects.
There haven’t been that many places to deploy it at scale. That’s why some of the least active ecosystems still have ungodly amounts of TVL.
Chain revenue doesn’t tell the full story either. It’s basically a tax on users submitting transactions to the network.
You can have high economic activity with low fees, or high fees with low economic activity. It’s not a good way to assess how well a chain is actually doing.
TVL means nothing if it’s not being put to good use. And having loads of apps that aren’t profitable or on a clear path to revenue? That’s just as useless.
The only thing that really matters is whether a chain’s infrastructure opens up the design space for what can be built on top of it. If something is ultra high throughput and near enough real time, that increases the types of applications that can exist.
Does that open the door to them being inherently more profitable or more competitive with their off chain, real world, web2 counterparts? That’s the question we should actually be asking.
Both Monad and MegaETH are still too early to judge. I think both have really good infrastructure that should enable these types of businesses to succeed, but we’ll see. A default line on a chart is not how you measure that.
chainGDP coming soon.
Ignas | DeFi@DefiIgnas
Gotta say sorry to Monad: I FUDed it after the launch for failing to attract TVL, dapps, and users, especially after such a hyped TGE. I also thought MegaETH’s successful launch would put even more pressure on Monad. Yet MegaETH’s slow growth is a redemption for Monad. It’s fair play for both when the market rebounds. I also think Monad could explore more incentive campaigns. Especially because MegaETH’s points campaign should launch soonish too.
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@therealchaseeb Funny this was the point I was making in my original response to you glad you see my point of view.
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We have gone from “we will win!” to “that’s not fair 😭”
chase@therealchaseeb
Can I say something without everyone getting mad? Solana founders historically were warriors and would do anything to win. Too many teams got comfortable, vesting or whatever. I don’t disregard anyone’s efforts, but today there is too much entitlement. You are owed nothing, and you know nothing, Jon Snow.
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@therealchaseeb Fair the optimistic view is there is more open admission of an issue than before .
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@Calhoun2rob I never thought that, but maybe some did. Was a ridiculous ambition. I’m a realist.
If you look at tradfi, no one is winning everything.
But each major company with their own strengths are doing just fine.
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There is a false assumption that Solana needs to “win perps”.
The reality is that no one wins everything.
A general purpose blockchain has to make tradeoffs to accommodate multiple usecases.
Solana simply needs to be competitive on perps, and everything else.
You don’t need to win them all. But you need to have an environment that allows every team to have a chance to be competitive.
20% marketshare in every segment of DeFi is more valuable than 100% of marketshare in one.
You want your retail investors to be able to use your chain for everything without have to open a new tab to use another blockchain for a usecase you don’t support.
This is how you become the global financial layer.
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@therealchaseeb My only point is the obvious shift from we’re gonna win everything to we don’t need to . The framing says it all . I’m not saying your wrong but there is a shift
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@Calhoun2rob lol, absolutely not.
We are obviously losing perps.
But if you look at traditional finance, who is making the most progress?
Arguably Robinhood, because they offer everything, and have the retail.
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@barrett_io They just realize the lunch has already been eaten by hyperliquid . Last gasp attempt .
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@Pedromiranda this is something .eths were saying in 2022-24 as cope. plz dont go down that path of cope even if its somewhat true
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@Peter_Bukowski @Foreman06 Can you read or are you just ignorant ? i literally said its alot in multiple responses
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@Calhoun2rob @Foreman06 But you’re handwaving the second pick with the first. It’s a first and a net 4th. That’s a LOT
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A first and a third for Jaylen Waddle?!?!?!
Adam Schefter@AdamSchefter
Broncos are trading for Miami WR Jaylen Waddle, per source. Denver receives: Waddle and Dolphins’ 4th-round pick (11th in round) in this year’s draft. Miami receives: Broncos’ 1st round pick (30th overall) along with their late 3rd and 4th round picks (30th in each round) in this year’s draft.
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@Peter_Bukowski @Foreman06 i literally included that in my original response yes they also gave up the very late 4th either way its not the equivalent of a true 1 and 3 is my only point lol
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@Calhoun2rob @Foreman06 While ALSO giving up the fourth though. So yes it’s a swap but the outgoing capital still counts.
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