My views LFG launchpad:
1. I like it
2. The only way of doing a fair launch for an established protocol is doing collective controlled price discovery
3. Team offers tokens in the range that it believes is a fair valuation range
4. It also disperses the tokens to its users who
What makes Solana an engineering marvel and miles apart from other chains?
I have seen a lot of people excited to learn about Solana and how it works, while others calling Solana community intellectually bankrupt. Yet, just as one doesn't need to understand every car detail to
Sigh.. I hate you all and jito.
But still, congrats to everyone who got some dropped. Let's all push the chain forward as the liquidity trickles across the ecosystem.
Solana is a great chain for both the end users as well as the builders.
But is SOL a sustainable asset?
Does it need to be sustainable?
What is needed to get there?
I will start with some data that will be referred to later.
Current SOL Supply – 551mn
Current inflation rate –
My prediction for this cycle -
SOL will add dynamic base fee and other measures to be well on its way to sustainable tokenomics, and the FOMO will be unreal. We are going much higher than ATH, to levels you won't believe.
You stupid rotten avocado with shit for brains! It's not day 1. Team has built products that entire Solana uses over the last 2 years. Team did not give 50% of tokens to themselves, read up on it what this 50% controls and where it goes. If you built a startup by yourself, aren't
So
-gave 50% of token to themselves, it was not their first token
-Used their own platform which also paid self
-Pulled liquidity from the pool in cash
-Gave a cut to the dev team
So cash out $30m day one with no lockup, and still own 50%?
Shitty antics throwing away reputation
This cycle, Solana is going to be the home for all the narratives.
- fast & cheap
- Defi
- depin
- payments
- dogs & memes
- rwa
- art & nfts
- gaming
- privacy & zk
- gambling
- alternative dapp distribution
Every single narrative is going to play on Solana and there's nothing
Time to put my money where my mouth is. I'm going to buy one
@Claynosaurz
for every 50 followers I gain from here (till I decide not to, it's my money after all 🤷🏼♂️). How strong is the Clayno community?
- Don't fall for it. It's a cheap engagement stunt to reach 10k before
In terms of IP plays, I strongly feel Claynos is on a whole different level vs the rest for this cycle. It's a no-brainer. There is nothing that I know that is as cute, as high quality and as consistent in crypto.
What's the downside on buying up a boatload of these? The few
I remember a month or two ago when
@Backpack
was a clunky wallet and I used to hate opening it to stake lads on it because there is no place else to do that. It was dead slow, buggy and painful.
Last week and this week changed the entire experience. It's lightning fast,
A little personal story:
Like many think, I did not retire because I am rich enough to retire. Money was an after fact. I didn't really check how much I made or had, until I actually stopped.
Last cycle was pretty tough for me. I had like 5 pseudonyms, freelancing dev for
SOL pumping
ETH pumping
Tensorians giga candle with 100 fp
MadLads insane strength
Airdrops performing awesome
Wtf is this timeline?!?!?! I'm gonna go mad.
Didn't people really know this earlier?!? DYOR and stuff? Why are they fudding now talking about it as new facts coming to light?!?!?!? I swear this space only gets more and more degenerates each day.
I didn't know Jupiter was going to ever have a token when I used it as a daily driver. It never even came up.
Same thing with Wormhole when I bridged to and fro to Terra and other chains from Ethereum.
Nor did I know Kamino will have an airdrop when I was using it for farming
I just learned that CTO stands for community take over 😅
I heard it multiple times and all this while, I've been wondering how all these pointless tokens with no product or roadmap plan to turn things around by hiring CTOs. I feel so dumb and old.
Ok, new strategy.
Not going to talk about any airdrops whatsoever, past, present or future, whether I get or not get or screwed.
Only going to talk about projects I like and what I like about them. Unnecessary emotional turmoil for me otherwise.
JUP is going to be one of the very very few tokens I'm going to hold post launch and into the bull. There isn't a product I love using more than Jupiter day in, day out. (Tensor comes close, but wen token?)
Every single feature they have introduced is buttery smooth and very
I was getting worried that SOL has become a crowded trade and everyone is already in, leading to a multi-month top.
The amount of cope on timeline today calling for the top, crying market manipulation and shouting for rotation into ETH makes me feel at peace.
Some stay with ETH
Ser
@aeyakovenko
, most of our txes are not working, and that is a fact. Swaps, transfers, lending platforms, nft platforms, experience is unironically the same across. Please accept the reality. I'm not a eth head and love using Solana, but haven't been able to do anything since
I had ~1000 Tensorians and ~400 MadLads in November when
@dymension
took the snapshot and received 5k DYM altogether.
Pain is me. Contemplating chopping off a finger to never forget this.
I'm going to bypass the entire shitcoin mania and talk about the things I'm doing on chain, most of these should be obvious by now -
Deposit mSOL and bSOL in marginfi, borrow SOL and loop it.
Deposit SOL-bSOL liquidity in Kamino, lend it in Kamino lend, borrow SOL, deposit into
I've been mostly absent last few months- here's what I've been doing.
My health was so screwed up after the last cycle that it took forever to get into any normal zone.
- lost 16kgs of weight, 8 more to go. Trying not to lose all the muscle tissue in the drastic cut.
- taking
Thanks for the drop. Going to repay this. Whenever I sell this, I'm going to donate half of it to charity and half to buy
@GalacticGeckoSG
. I heard it's a vibrant community.
Chad Capital (just me) acquired 0.5% of $KMNO total supply so far as part of my goal of holding long term bags of products I use and teams I trust. We keep buying up the supply as market keeps dumping it to 0.
Congrats to
@ClearCollectNFT
for the quick mint out, easily the best art in pfps I have seen. I am super happy to buy 2 of the best 1/1s in the lot.
Presenting The King & The Queen (for me & the missus)
Thanks to
@T_H_Crypto
for graciously selling the king back to me at cost 😍
I have been asked several times recently what
@sanctumso
is and what it does since I last posted about it. So I thought I would try and answer most of these in this post. I believe Sanctum is going to play a pretty big role in the upcoming Solana megacycle.
Holding naked SOL –
Wow, my entire timeline is people upset that
@MadLads
got a huge W drop. Don't be a whiny bitch and finally get some lads, will ya?
I can't believe they are still chilling below 200 sol considering what else is to come.
Congrats to the
@jito_sol
team for a beautiful execution of the drop and launch, regardless of my personal opinions.
Everything was well-timed, well-coordinated and without a hitch. Shows how strong a powerhouse the team is. Thanks for pushing Solana one more step forward.
Things are a bit frustrating. I might just ditch Solana protocols altogether and explore new ecosystems, or just stake ETH/SOL and fuck off.
Everyone wants to use point carrots as rewards, and when you move your ass to play according to their rules, they switch those up.
Can't
Suggestion to Solana teams - Decide the airdrop criteria by yourself. Watching the jup airdrop analysis circus playing around is not fun. Everybody's arguments are based around what benefits their personal wallets the most. As the person who built and worked on the protocol, you
I'm tired of seeing MadLads shilling around potential upcoming airdrops.
Bring back the days where I just post MadLads and get 500 likes
Bring back the days where any poll with MadLads in it is a no-brainer win
Bring back the days where community is just focking mad.
Bring
It's important to celebrate your wins, but just as important is to learn from your losses. My lessons so far in this cycle -
1. Don't keep pouring money into things that you know are dead or headed to being dead. Burned 5000 SOL buying Reavers NFTs and the token
2. Just because
This feels like the right time to tell a story about bull markets and knife catching
In 2020, I was so bullish on SOL and accumulated a fat stack much like today. I had no stables left. I still didn't feel like I had enough. I added spot leverage and moved the lever a teeny bit
I never knew one conference can have so much stuff packed in!! None of the bitcoin or ethereum conferences ever blew me away this way. The pace at which things are being built on Solana at this point of time is insane. If you are a 1x or a 10x engineer, Solana is THE place to be.
This is not presenting united front on Solana. This is just enabling bad behaviours and bailing out folk that are worse in a way worse than governments bailing out banks. Besides, anecdotally, most who have "yeeted" sol into this presale are not new in the space as you say. They
Our decision to help out the sloth participants with ~100K of $SLERF from LO/DCA fees was understandably divisive, with several people pointing out that this would encourage the exact behaviors that we should be trying to eradicate.
(To be 100% clear, No JUP is involved in this
As part of my Solana - Sui - Monad thesis for the cycle, I've started actively looking at Sui just recently. Where should I start? and what are the best protocols that I need to try? I've been spoiled by the awesome UX on Solana protocols. Need things that are on par on Sui.
On the eve of today's minor exploits in Solana, some thoughts -
- Chain dwellers needs to learn to rotate their keys
- Projects need to stop trying to incentivize users to use the same wallet for years, be it via staking or otherwise. Airdrops also don't let people move to newer
$JUP, $W, $KMNO, $TNSR, Sanctum, $HARK, $DRIFT and many more
This cycle is going to be insanely exciting on Solana. Hopefully most of them will graduate from points meta in the next few months.
The kid had been wishing me good morning in DMs and comments since September. Some times it lifts my spirits on a bad day. Tensorians are close enough to 0 that they are more or less worthless to me anyway. Have a good day fam.
I'm mad tensorian rn.
I've to say thank a million
@retiredchaddev
because he just gives me this one of biggest NFTs.
I've never gotten a suprise gift but now I got it.
I can't speak enough to say thank you chad.
You're really kind to people.
I'll never forget it.
#NewProfilePic
In terms of IP plays, I strongly feel Claynos is on a whole different level vs the rest for this cycle. It's a no-brainer. There is nothing that I know that is as cute, as high quality and as consistent in crypto.
What's the downside on buying up a boatload of these? The few
Once, there was a frog that lived in a shallow well. He was very proud and believed that his well was the greatest place in the world. One day, a turtle from the Eastern Ocean visited the well. The frog asked the turtle, "Isn't my home wonderful?"
The turtle tried to explain how
Ethereum competitor's worst fear is L2s taking off and being successful.
It completely kills the alt-L1 narrative.
No coincidence nearly all L2 FUD comes from those camps.
Hoping this will age badly. But not currently a fan of how the jup voting is turning out, in terms of the current vote as well the overall voting model.
1. Past reputation does not auto guarantee future delivery of work. Evaluation parameters and milestones need to be setup
Since I started interacting with users on Solana, I understood most of the users are barely knowledgeable on Solana tech but are interested in learning. One of these areas is wrt MEV on Solana, is it better or worse compared to Ethereum and what Jito actually enables.
As I got
I said many times that
@ClearCollectNFT
is a very clean pfp project with a good team behind. But PTSD Solana holders seem want to keep selling for pennies. The only thing that can be done is to beat it into them again and again till they remember. Swept another 200. Locked.
After a lot of contemplation about the viability of memes, social layer and distribution networks, I have finally pulled the trigger and acquired 100+
@quekz_
in today's blood bath. It's a personal experiment for me and I'm fully prepared for it to go to 0.
Quek.
> be me
> Have the highest number of Tensorians
> Have the highest number of MadLads
> Have the highest amount of total gold
> Have highest amount of Tensorian staking points, somewhere around the top trading points, second highest referral points
> Realize primary way of
17, 18, 19, 20, 21, 22, 23, 24, 25, 26
When you anticipate that you need to buy higher later, lock in your buy prices early on with
@tensor_hq
price locks!! 😁
I haven't seen such a well curated block list before. This is gold. You might miss a couple of good folk, but you'll likely do better in the cycle if you block almost everyone on this list.
With the bull run starting, following the right people will make a huge difference.
Here are a few people I follow who consistently share good alts and airdrops or teach me something!
Broken down by category 👇
Ok, here are the good & bad wrt
@KaminoFinance
announcement on the airdrop from my perspective.
1. I personally know several folk farming with 100-200 wallets each, all meticulously setup with different amounts withdrawn on different dates from different CEXes. They have
Hello
@PikeFinance
Would love a word in understanding why core contributors + advisors need a launch unlock + 9 month accelerated linear unlock for such a new and unproven protocol with a bad record in team performance.
I'd have supported you if you were a team grinding for a
If you are investing/buying something on Solana, know that your opportunity cost is not just SOL, it is staked SOL. Unless you are able to generate returns that outperform the returns of staked SOL by a wide margin, you are better off just staking SOL.
If I have the capability to generate a 2x every year for the next 20 years, staying in Dubai or another place with 0% taxes vs my current country with 40% taxes.
Starting with 1$ -
Y1 - 2$ vs 1.6$
Y2 - 4$ vs 2.56$
Y3 - 8$ vs 4.1$
Y4 - 16$ vs 6.56$
Y5 - 32$ vs 10.5$
Y6 -
DKS is so obviously one of my favorite communities. I loved them so much that I got 2 more kings, the heavyweight king & the investment king.
I am happy to provide liquidity & gonna hold them for safekeeping till new awesome members join at the right value.
@DeadKingSociety
I haven't played Heist, so I don't know how it works. Just gonna copy
@NFT_Doctor33
on
@reaversnft
.
He told me to get 100 Reavers, 50 first mates and 50 quarter masters, and I got them. What now?
@emploiceSOL
gib game. Pirates are waiting.
Revenue generating assets in crypto are rare. Most of the revenue generated goes to equity in most cases. The primary assets that are different are POS networks that generate "revenue" for the underlying asset through staking for securing the network.
(Airquotes for revenue,
The coming cycle for crypto feels like it's gonna be the real supercycle that Zhu missed. Every major has its own narrative that can bring in insane flows -
1. BTC has the ETF + ordinals + upcoming fungibiles - ordinals and fungibles are dead at the moment, but when they start
Doing my taxes today. Realized that I minted 200 Tensorians by purchasing shards from market for 360 USD per Tensorian!! This is my best trade so far in one cycle!! Thanks
@tensor_hq
for the Taxsorian tool. This helped a shit ton!
"It is not a stretch to say we are one of the primary reasons bSOL is successfully integrated into Solana DeFi."
I don't get why bro is so arrogant all the time. Kamino had bSOL months before marginfi, and bSOL expanded because of ecosystem wide incentives given by BLZE to defi
We were the target of a very unfortunate hit piece today.
I'll clarify the misinformation you're seeing:
1) This tweet is completely wrong
marginfi has failed to replenish BLZE over the last 3 days, not three weeks. Yes, this is because of chain congestion and prioritizing
Now obviously bots are showing up. So, locking my account and gonna clean up. Will have to get rid of 10k followers. Why do people have to spoil good things?
17, 18, 19, 20, 21, 22, 23, 24, 25, 26
When you anticipate that you need to buy higher later, lock in your buy prices early on with
@tensor_hq
price locks!! 😁
Tensor has liquidity incentivization because they have seen how ugly things get with volume incentivization. ME incentivizes volume with diamonds and the amount of washing going on in ME listings is insane. Toxic liquidity is shitty but toxic volumes are much worse. Please stop
JTO at 4$
Will it actually reach 10?
The amount of inflows to SOL after this is going to be insanely mindblowing. Doesn't matter what bag you have on SOL, everything is up only.
I'm quite against this. If anything, I'd like to see more of those who recklessly sent to random wallets rugged. There's so much built around and people are sending funds to random wallets and most of them clear grifters. I'd welcome the north korean scam crowd at this rate.
Hopped onto a space w the
@Slerfsol
community & got a clearer picture of what is going on.
@JupiterExchange
will be donating current and ongoing SLERF limit order & DCA fees to the
@slerfsol
presale participants.
WAGMI ☀️
PS: we still dunno what sound sloths make
Thanks for bringing me 1000 followers. I like engaging with you guys, each community has its own vibe & I like all I am part of.
I told I'll giveaway one Tensorian if I cross 1000 a while back. Didn't happen but still gonna do it. Do you guys know a good tool for this?
Procured The Crypto King from
@DeadKingSociety
.. felt on brand 😁
Thanks to
@tensor_hq
for airdropping me the DKS noble and introducing me to this awesome community 🙏🏻
Listing a few platforms I am using at the moment aka "farming", I use them mainly because of the products without even the expected airdrops
Continue
@KaminoFinance
- still one of the best returns in Season 2
@sanctumso
- Best returning LST by a wide margin 12-15% APY, need more