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Noob (10x arc)
@degen_noobie
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Daily 10x degen? | Writing threads and articles about crypto, DeFi, and the future of decentralized everything | Solana is king. ๐ซก๐
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Joined June 2024
๐ง๐ต๐ฒ๐ ๐๐ฎ๐ ๐๐ฎ๐น๐ถ๐ฑ๐ฎ๐๐ผ๐ฟ๐ ๐ฎ๐ฟ๐ฒ ๐๐ต๐ฒ ๐ฏ๐ฎ๐ฐ๐ธ๐ฏ๐ผ๐ป๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฆ๐ผ๐น๐ฎ๐ป๐ฎ ๐ป๐ฒ๐๐๐ผ๐ฟ๐ธ ๐ฎ๐ป๐ฑ ๐๐ฒ๐น๐น, ๐๐ต๐ฎ๐'๐ ๐๐ฟ๐๐ฒ. But I found myself snooping the net and I discovered that as of September 2024, approximately 68% of Solana's total supplyโover 390 million SOLโwas staked across 1,642 validators. ๐ก๐ผ๐ ๐ท๐๐๐ ๐๐ต๐ฎ๐, ๐ฏ๐๐ ๐ฆ๐ผ๐น๐ฎ๐ป๐ฎโ๐ ๐๐ผ๐ฝ ๐ฎ๐ฑ ๐๐ฎ๐น๐ถ๐ฑ๐ฎ๐๐ผ๐ฟ๐ ๐ฐ๐ผ๐ป๐๐ฟ๐ผ๐น ๐ฐ๐ญ.๐ฑ% ๐ผ๐ณ ๐๐ต๐ฒ ๐๐ผ๐๐ฎ๐น ๐๐๐ฎ๐ธ๐ฒ๐ฑ ๐๐๐ฝ๐ฝ๐น๐. That's over 1,600+ validators fighting for scraps and this is not a good look. This means the network is one crisis away from becoming a centralized rubble. And a centralized Solana is a fragile Solana. But here's how @thevaultfinance switches things up a bit. ๐ป #mission0012
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@C_T_N_G Kids these days. Gotta show them the way. Could've hit back under different circumstances but there was no need to escalate it further. Thank you. ๐โโ๏ธ
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RT @xeverade: Everyoneโs winning, I love to see it๐ซถ๐พ And if youโre not there yet, donโt worry, your time is comingโค๏ธ
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