New Token Model: Progressive Ownership

#reads tokenomics

https://fxtwitter.com/ljin18/status/1724460527512850456?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

been awhile since i've updated FXS

we're now at monthly RH and if we find acceptance above it, teleport it to $10 asap

will look for weekly close above and hold

trading at ~50% from weekly RL stated

original idea trade idea here: https://news.1rj.ru/str/cryptomumbles/4296

PSA: JLP Pool on Jupiter is currently providing 205% APR

worth keeping tabs on it and LP-ing when the cap increases

they've been slowly increasing the AUM limit over time from 2m -> 7m so far

also possibly qualifying you for $JUP's 2nd and 3rd airdrop rounds

https://jup.ag/perps-earn

CertiK discovered a major vulnerability in the Solana phone Saga that allowed assets to be transferred within a minute of obtaining the phone. More than 2.100 devices have been put at critical risk since the beginning of April. Certtik informed solana of the vulnerability and issued a public alert about the vulnerability. — link

The United States announced that the annual PPI rate in October was 1.3%, which was expected to be 1.90%, and the previous value was 2.20%; the monthly PPI rate in October was -0.5%, and it was expected to be 0.10%, and the previous value was 0.50%.

The core PPI annual rate in October was 2.4%, and it was expected to be 2.70%, and the previous value was 2.70%; the core PPI monthly rate in October was 0%, expected to be 0.30%, and the previous value was 0.30%.

The analysis pointed out that the U.S. PPI index in October recorded the largest decline since April 2020, further indicating that inflationary pressure in the entire economy is weakening. But as the U.S. enters the holiday shopping season, the decline is unlikely to last.

don’t ever let anyone call you lucky when the market is back in full swing

https://fxtwitter.com/blknoiz06/status/1724943877126168577?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

Solana Eco Mega-thread

#reads solana

https://fxtwitter.com/sandraaleow/status/1724700818040037711?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

According to news1, South Korea’s largest investment group National Pension Service purchased approximately US$20 million worth of Coinbase shares in the Q3 at an average price of $70.5, achieving a profit of 40% in just one quarter. This is the first time that the National Pension Service has included virtual asset-related companies in its U.S. stock investment portfolio. — link

New Telegram game in town that has been gaining quite a bit of traction. It's a MMORPG on Telegram with poker combat mechanics. Interesting, but it's also gamblefi-ish .

Always cool to test out new innovations. They've raised 1.6m and have a point rewards system as well.

*Deposit of 0.033e is required to start playing the game

In the current market state I've been trying to left curve more to not miss out and this was one of them. Don't fade frens 🫡

Link to start: https://news.1rj.ru/str/ethxy?start=VFTXGV

edit: once you start playing the game, you'll notice that they'll mention "Points will have a purpose in the future". Take it as you must.

Jupiter unveils airdrop to over 950,000 wallets on Solana — link