Free mint, no royalties, fair launch, no presale, sick art, cult leader, anything else you guys would like?
I'll take you to the promised land degens, without grifting a single cent off of you to show everyone it can be done.
WHO'S FUCKING IN?!
COMMENT DISCORD HANDLE
#Bitcoin just needs $15.000 pump and we reach 60k region. Let that sink in for a minute, before you start replying
ATH is just a matter of time and people still trying to argue with me on this
Keep argue, my portfolio is exploding
DID BITCOIN ETF REJECTED?
WHY THE FCK MY PORTFOLIO IS
DOWN 30% IN LAST 30 MINUTES ?
WE WERE TOLD $50K BITCOIN IS
COMING BEFORE 10TH JAN BUT
NOW EVERYTHING IS DUMPING
FCK THIS CRYPTO SHIT! IM DONE
If you’re a builder in the Solana ecosystem or another high throughput chain don’t ever reduce your vision to building the “X of Y”
Build something the space has never seen before
Be first, be different
Many Blockchains will not be able to cross the chasm
The preferences of the Early Adopters are not the same as the Majority
High-Throughput/Next-Gen Chains allow Censorship Resistance at SCALE
New World, New Metrics:
Why Capital Efficiency Matters (Long Post)
This past week Solana DEX volumes exploded, with stablecoin volume increasing very rapidly as well
TVL is the age old 'power rating' of an ecosystem, however while it may be well known and easy to measure, TVL is also an easily manipulated and noisy metric that does not paint a clear picture of the nature of DeFi
You can deposit Ethereum, borrow against it, and earn yield or use the proceeds to start a validator, however the more capital efficient means of price discovery are not possible on Ethereum given the limitations of 11-12 tps and gas fees in the $10-100 range on ETH L1
Due to their reliance on AMMs, in legacy blockchain ecosystems like Ethereum it takes much more TVL to generate the same amount of volume as on Solana, where central limit orderbooks (CLOBs) and concentrated liquidity market makers (CLMMS) are possible and commonplace
To illustrate this, as illustrated by @SolBeachBum and @andrewhong5297, in the past week, both Solana had Ethereum had $40m of volume on their base asset / USDT pair, however Solana only needed $1m in liquidity, whereas Ethereum needed $73m in liquidity to generate the same volume
In this particular case, Solana was able to generate 70x as much volume for a given level of liquidity!
This isn't just big, this is a game changer which challenges the entire notion of TVL and its usefulness as a metric
One can only imagine what volume will look like when TVL on Solana and similar chains reaches the billions again
At @_Frictionless_ we would liken this almost to a DeFi efficiency metric, and by pulling some of the data of Solana versus its peers from @DefiLlama we can observe a stark contrast (h/t @bennybitcoins)
Over the past 7 days, Solana has done ~$4.2 of volume per $ of TVL, over 10x as much as Ethereum
Note, despite Tron's massive $8.3b TVL, it is doing ~420x less dex volume per $ of liquidity than Solana
You can expect the volume/liquidity ratio to be an absolute mainstay going forward, it is not only about how much liquidity you have, but how efficiently and actively you are using it