The prophecy of $BasedBaldBrianIAmGayBlueInu has finally been fulfilled.
A Base token launched on @bankrbot, paired with $PUMP.
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Cool to see all the experimentation with @coinbase tokenized stock pairing on @base:
$NVDAc <> @o1bluechip
$GOOGLc <> @baseRAWR
$AAPLc <> Apple Juice
$METAc <> ?
Now real shares with a 1:1-backed ownership model can be treated just like any other money lego
$Rawr is actually S tier
🦖 + Google stock & o1 exchange.
Insane this hasn’t crimed higher yet
Never bought a meme so fast
Anyways don’t like to hard shill like this but think it’s wild this was sitting with no motion
Anyways back to researching and writing the next YT vid. Been a minute since I last posted a crypto market update
I am now going to go focus on the site and making the 7 Strategy DETF work so I can unlock the infinite money loop.
I hate JS/TS so this will be a fight.
Oh, and Dexscreener profile was reclaimed, my submission is under review. Polite and efficient support team.
Posting in the TG group was stopped due a dedicated FUD campaign.
Announcements will come through the protocol website and X primarily.
The code speaks for itself.
@exsiway_ I left because Zeus was an asshole.
He didn't even want me committing code so be could take the credit.
But you can check the devs on the original repo. I've been there from the beginning.
I never claimed anything beyond being the first.
Down to Finance is a relaunch of the legendary Olympus
Literally. A relaunch of @OlympusDAO fixes for every problem that killed the original
Their site says it in plain text: make an Olympus out of anything
What follows is a bit dry, but you need it to understand what @NCyotee is building
@downto_finance builds DETFs, decentralized ETFs. One token, $DTF, one basket of positions. Bonding, reserve, supply expansion by price, all of it Olympus mechanics
Read it for the four things they changed
> First. Olympus was one protocol with one treasury. This is a factory. Anyone deploys their own, on top of any basket, in four forms
> Second, and this is the real fix. In Olympus the treasury sat on one side and the market on the other, and the gap between backing and price is what killed it. Here the reserve is the market. Their wording: the token lives inside the reserve market, that liquidity is how backing gets managed, not a separate listing. Runs on Uniswap V4 pools: one pool, three pools sharing a pot, or a pool per pair with weights you set
> Third. Expansion can be turned off. Policy mode pauses mint and burn at the target and expands supply, the mechanic everyone remembers. Open mode does neither. You pick once, at creation
> Fourth. Olympus sold APY. This protocol refuses. No made-up APYs. None of the settings is a yield. It's not a yield product, it's infrastructure. Their words, not mine
> And a fifth. Olympus had a DAO that could rewrite parameters. Here nothing gets rewritten after launch. A bad config means you deploy a new one
Bonding got rebuilt too. In Olympus you bought $OHM at a discount with vesting. Here you deposit one side, the protocol mints the counter DETF into the reserve against it, and you walk away with a locked LP position. Y
ou never had to buy the token first, and you never posted one-sided liquidity
They also added something Olympus never had at all. Rate providers price what a vault share is worth right now, so mint and burn compute off a live redemption price instead of a stale book. You can switch it off, then arbitrage fixes the price
I think this is the most interesting thing on the chain right now and almost nobody has looked at it. Early. Very early
@RobinhoodCrypto is the best place to build this. Waiting on support from @vladtenev. This is what RH chain needed
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