good time to read this again from docxbt

https://fxtwitter.com/docXBT/status/1936484535685775742

some thoughts on heaven before i went to sleep last night

heaven still trading at 44m which doesn't make sense, because at the very least it should be above launchcoin

eg. you see 345k revenue in the past 24h, it means 345k is directly going to buying and burning light

but i'll discount a bulk of it due to launch day hype

sustaining at such levels will result in an epic repricing

3x-ed since my prev thoughts on it

ico buyers up ~2x

had a few people wondering how this is possible

tdlr: lp fees are an archaic amm mechanism that is rooted in the ethereum torrenting-adjacent ethos of "if we all seed a little bit to liquidity, we can share the wealth everytime trades usdc!"

and you're earning like 0.04% on every trade or some random defi boomer bullshit

there are literally no reason to still use lp fees for primary pools for memes/icm aside from the fact that it makes lp thicker with volume

i'd rather just make the lp thicker algorithmically as price goes up so we know that it will scale well

the result? 5x higher fees than pump back to the flywheel with no additional cost to the user

no other launchpad can do this because they are literally all paying meteora and raydium 0.3% to facilitate their transactions

we ARE meteora and raydium

thats why we're so fking profitable with low volume and NO additional fees taken from users

too many thinking in binary, its a good thing tho because it means its early

"heaven can't flip pump, look at bonkfun, so not worth a trade"

if heaven can even capture meaningful marketshare and sit 2nd spot behind pump, don't you think 40m val is ridiculously underpriced?

not even factoring in the 100% flywheel and buyback effectiveness yet

dashboard for heaven:
https://heavendash.xyz/

MNT has been very strong but not talked about a lot

https://fxtwitter.com/SigmaSquared_/status/1956655452109918541