@0xMerp cut him some slack, mans gotta work for his bags. 6mv fund 2 is now ~95% denominated in PUMP lmao.
Obviously Pumpfun did well but the rest of his bags are pretty much zero-ed out across the board
and this is why nobody should ever touch anything related to Jupiter, not their products or tokens.
literally a fork of paper trade and you have the gall to say its inspired by your own JLP. I know these guys are just farming their retarded non crypto native users from malaysia and singapore, but saying all that without even mentioning paper trade just shows how little they think of their users.
not to mention the disgusting amount of crime they did last cycle with the trump token launch and the numerous failed attempts at other shitcoins. without copying others or insider trading these guys literally cant do anything right.
send all their tokens to 0 with haste
we just launched something pretty interesting under jupiter labs.
introducing YOLO. 500x to 1000x leverage.
yes, 1000x.
we’ve been experimenting with a different approach to high leverage trading, and YOLO is our first attempt at it.
the idea is pretty simple. what if we could let people trade with extremely high leverage, without actually having to execute these massive leveraged positions in the market?
so we took inspiration from the JLP model and built YOLO, where positions are simulated against real market prices, but the profits and losses are real.
this allows us to offer leverage that goes far beyond what we currently have on jupiter perps, using a completely different approach.
of course, this also comes with some tradeoffs.
since profits are paid out from the pool, if there isn’t enough liquidity to pay out a winning position, the payout can be queued instead of being paid immediately.
it’s a different model from traditional perps, with its own risks and limitations, but i think it’s an interesting experiment worth exploring.
one thing i’ve always liked about building onchain is how much room there is to experiment with new financial products and trading experiences.
and that’s also why we’re launching YOLO under jupiter labs. to give ideas like this a place to be tested, without necessarily having to fit into our existing products.
i’m quite excited to see how people use YOLO and what we can learn from it.
it’s still early, and there are probably many things we can improve along the way.
but that’s the fun part of building and experimenting.
give it a try, understand the risks, and let us know what you think.
https://t.co/T5nfYL4sum
let’s go!
@MoneyPrinter0x What about their relationship with Jump though? Wasn't the primary reason they went -99% due to Jump MM destroying the chart.
If Jump is still involved in any capacity I wouldn't put it past them raping the charts once retail liq piles in
@standard_rsv being shilled as fair launch and innovative just bc they gave KOLs whitelist and alloc, instead of letting trenchers find it or snipers in. Either way it's the same thing, insiders dumping on retail/ outsiders.
Similar vibes to @aicceleratedao back in early 2025 during the ai larp era, KOLs shilling with massive insider bags
@zeroxkyle genuinely curious, how much of this pump would you attribute to fundamentals vs the team doing crime and pumping up the token to ride the current rally? the team has been known to do so (i hold a small bag too but for the latter reason)
Argubaly the most impactful thing they could do for token holders and the entire move is pretty much retraced within 30 mins.
We're in the cusp of what seems to be the next golden bull run and a supposed legit defi project does this sort of PA.
This is why its hard to hold coins like ENA or ZRO long term. Really obvious insiders filling before major announcements
We are excited to announce four updates regarding the Ethena ecosystem, further details on each point are provided in the blog linked below:
1. Buyout of early investors:
The Ethena Foundation executed a buyout of all locked tokens from certain major seed investors that sold any ENA within the last 9 months.
2. Alignment of Token & Equity:
The Ethena Foundation and Ethena Labs have reached agreement on a Master Framework Agreement, whereby IP and ownership of value accrued by the protocol is assigned to the Foundation exclusively and governed by token holders with no residual cash flow due to equity investors in the Labs entity.
3. Revenue Buybacks:
Governance proposal now live for the implementation of the fee switch whereby net revenue accrued across all business lines under the Ethena brand will be used to programmatically buy back the ENA token.
The vote for revenue buyback fee switch implementation is now here, and has already been approved by the Risk Committee:
https://t.co/2urvkqlE6N
4. Removal of monthly VC unlocks:
The Ethena Foundation and lead investors have agreed to eliminate future overhang associated with monthly VC investor unlocks by releasing unvested tokens. All team tokens remain locked per the original vesting schedules.
Further details and documentation is provided in the blog linked below:
@Cbb0fe do you have insider info for xyz where they're airdropping users? you seem to be more convinced than most that they'll be doing some airdrop for users, plus you mentioned before that you're an advisor for them?
seems an appropiate time to bring this old meme back, been seeing some accounts shill some really questionable stuff after getting a few decent wins during an uponly market.
The usual "shill the latest narrative" CT guys all started shilling the same 3 coins and tried coining a new solunavax and you didn't think it was a top signal? gg
was mucking about with HL between different wallets, doesn't the fact that I can transfer funds between different address on HL with no fees or wait time mean that its an entirely centralised ledger? Similar to how Binance internal transfer works
up 40% - a couple of bigger accounts tweeted it as well, it is a low cap/ lower liq token onchain so such pumps are to be expected.
Probably best not to top blast in and buy in chunks on dips.
Arcium's latest raise was at 200M FDV via Coinlist, I'm expecting Umbra to go to at least 1/3 in valuation, which is still a solid ~3x from here.
Thesis 1 - solana:PRVT6TB7uss3FrUd2D9xs2zqDBsa3GbMJMwCQsgmeta
- Backed by Arcium and is the core product being pushed
- Spiritual successor to Elusiv, OG Privacy protocol on Solana (Elusiv pivoted to Arcium, from being a standalone mixer pool to privacy network)
- Going live on public mainnet soon, along with Arcium TGE due anytime now.
- Privacy <> Solana narrative, Solana core team and community has been pushing the Privacy narrative for awhile now with tokens such as ZEC, when Arcium goes live they'll rotate to shilling it and pushing the ecosystem.
Thesis 1 - solana:PRVT6TB7uss3FrUd2D9xs2zqDBsa3GbMJMwCQsgmeta
- Backed by Arcium and is the core product being pushed
- Spiritual successor to Elusiv, OG Privacy protocol on Solana (Elusiv pivoted to Arcium, from being a standalone mixer pool to privacy network)
- Going live on public mainnet soon, along with Arcium TGE due anytime now.
- Privacy <> Solana narrative, Solana core team and community has been pushing the Privacy narrative for awhile now with tokens such as ZEC, when Arcium goes live they'll rotate to shilling it and pushing the ecosystem.