Euclid @buyntops
The beginning is near…… Joined November 2022-
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. @MadLads got 1% of $BP ($140 airdrop) for 3 years of Staking, KYC, Marketing & Funding Backpack. Farmani called to lock $BP for another 1+ year for unpromised equity. No support for MadLads post-TGE. Floor dumped. Meanwhile, @Claynosaurz gave holders 15% equity with no BS. 🚀
@SolanaCoach @Backpack True. Doesn’t mean shit for mad lads though especially in the US
@Mightyf00l How is that a good message to send? The people who believed in the project early & supported it from the beginning lost a lot while those who only started believing now are being rewarded many times more than OG supporters who took the biggest risk & been here since beginning.
@jariusnalupta @armaniferrante @Backpack Yes I bought six madlads right after mint because I believed in what was being built and the team and I’m down horribly
@jariusnalupta @armaniferrante @Backpack Bonk airdropped people for using the chain and gave hope. With backpack you either lost lots of money on madlads ( and being loyal didn’t mean anything) or tried to be profitable on the exchange if you even had access to it. Bonk was million times better
@aut3z @troubleonmymint Anyone who didnt mint is still down horribly on MadLads. The airdrop was peanuts compared to the losses most still have on buying lads. Only ones doing well was anyone buying bp at lows and it didn’t take owning a lad to do that in fact you did best if you only bought the token
@KgnCnKhrmn @_Olivetree_7 It’s a really shitty feeling knowing Mad lads still won’t benefit very much if backpack is successful
Backpack airdrop Holders Mad lads NFT (~$290 / 1k $bp) 1 point = 0,56 $bp If you bought Mad Labs for $29k in 2024, you would now receive $300 in airdrop, current NFT price is $800 And many users staking money this platform but received very few airdrops Worst airdrop
@HHorsley The math ain’t mathing on this one chief
Now this is quite some bullshit. When comparing between different chains in this case, it's exceptionally exceptionally exceptionally important to also consider the reverse quote. Quoting just one way may favour one chain or the other, simply because the liquidity is imbalanced on one chain. Remember: across chains, we are not talking about the same liquidity sources anymore! In this case, try doing the reverse quote of what you get on both @JupiterExchange and on @AerodromeFi. In the screenshots, it really doesn't matter who has the better price in the first forward quote - it's just a function of whether the arb bots are working to keep the prices on said chain correct. What matters is what you get back if you reverse the quote. In this case, you can clearly see that selling the equivalent of the SOL that you have bought would suffer more than 10x worse slippage on @AerodromeFi compared to @JupiterExchange.
$SOL launched on Aerodrome just a few days ago, and already we are seeing the power of Slipstream in action. Optimal execution for trades, at times even better than on @solana itself 👇
@Web3Kristel @joaomendoncaaaa Lol what an intelligent rebuttal
Ringing in a new era! Bitwise was at NYSE yesterday to commemorate the launch of $BSOL and celebrate Solana’s Wall Street moment. As the world of finance moves onchain, Solana is built to handle it. Grateful to have celebrated this great milestone for Solana in one of the most iconic forums in finance.
~$30,000,000 of inflows into $BSOL yesterday. Solana purchased. Now ~$150,000,000 inflows the last 3 days. #1 ETF launch this year, of 850. It’s a testament not to Bitwise but to the conviction investors have in Solana, and the work of its community. Grateful to play a role @bitwise in expanding access through BSOL.
@newmichwill also wasn't Ethereum down last week? source: I am told L2s are Ethereum. Last week an L2 went down because AWS outage. Therefore Ethereum went down.
1/ The best crypto investments give you two ways to win. A thread exploring one reason I’m so bullish on Solana. 🧵
BuT tHE ceNTrAlIZeD SeqUEnCeR cAn HavE ReDUnDAncy once again bros, go submit your txns through the L1 go ahead
man i swear you guys have devolved into being more retarded than Cardano maxis pls go fud tokenomics, toly's political tweets, or the morality of ticker names — you are completely outclassed on anything requiring engineering brain cells this chart shows literally nothing except an arb bot purposefully reverting its txn because the market moved faster than he could arb at his profitability threshold not only that, this exact same thing happens on evm and in that case it also entirely rapes the fee market (see how arb fees shot up over 5$ yesterday at 1/10th the TPS of solana) study why jaredfromsubway paid 1M in fees yesterday your very own flashbots literally wrote a report on how big of a problem it is for the evm (see screenshot)😭
Today was a resounding success for the Solana Blockchain and a vindication of the idea that you don't need a modular aproach to scale. Work done by @anza @jump_firedancer @triton_one @heliuslabs @phantom and all of the other infrastructure providers working to make Solana the #1 blockchain over the past 2 years paid off big time today. if we are grading on a curve, Solana gets an A++. If we are grading in absolute terms, there are still things to work on, and we know what those are now so back to work. Building a block chain to house global markets requires a committment to extraordinary quality of service, specifically on days when markets move the most. Of all the chains, layer 2s and exchanges impacted by today's volatility, Solana performed by far the best.
Getting closer … Solana ETFs likely coming to an exchange near you in coming days/weeks
A centralized sequencer that can change the matching/execution of orders obviously must be regulated. Otherwise, any exchange could set up an "imutable matching engine program" and then run on their own server provider in order to bypass all US securities law. The base contract is upgradeable. The multisig can stop trades from going through the slow path if they want to.
@iampaulgrewal @base @ethereum 3/ two critical things to note about this design: first, the sequencer is only a fast lane to get into @base. at any point, a user can also transact on @base through @ethereum directly. this brings the full decentralization and censorship resistance of the ethereum validator set
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