Crypto Mumbles
some thoughts on light and why i choose to continue holding my (small) presale bag heaven dex / $light - 100% flywheel mechanism - cheap relative valuation at 30m - ct finished grave dancing (it was a botched launch so its warranted) - raised 27m, easy to…
3x-ed since my prev thoughts on it
ico buyers up ~2x
ico buyers up ~2x
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Forwarded from peace speaks
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
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
👍3
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
"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
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MNT has been very strong but not talked about a lot
https://fxtwitter.com/SigmaSquared_/status/1956655452109918541
https://fxtwitter.com/SigmaSquared_/status/1956655452109918541
FxTwitter
sigma^2 (@SigmaSquared_)
They made it explicitly clear that mantle $MNT is going to be to Bybit what BNB is to binance
It’s going to be a rough path from now till it gets implemented
Embrace the volatility and move with the ebbs and flows
Quoting Defi_Maestro ✺ (@Defi_Maestro)…
It’s going to be a rough path from now till it gets implemented
Embrace the volatility and move with the ebbs and flows
Quoting Defi_Maestro ✺ (@Defi_Maestro)…
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Crypto Mumbles
MNT has been very strong but not talked about a lot https://fxtwitter.com/SigmaSquared_/status/1956655452109918541
i think this is a HTF bag for cycles
might be a good pick in winter
might be a good pick in winter
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Crypto Mumbles
i think this is a HTF bag for cycles might be a good pick in winter
well...
mnt looks good too
mnt looks good too
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