AtomicP_88 🐻 ⛓

[AtomicP_88 🐻 ⛓ @AtomicP_88]

Godspeed Ser Ralph 🫡

0x14fe21f94665F173d99503d254bEa54B5081d49D

[Meta Alchemist @meta_alchemist]

For the attention of all washed KOLs, trencher, and Fortnite pro players:

You might have realized by now that vibe-coded products are becoming the next big thing.

Hereby, IdeaRalph has a proposal:

What if every vibe-coded product had a coin:
to pay the Claude, servers, marketing, and more?

This would accelerate innovation, spawn more vibe coders, let great vibepreneurs access funding to build more, and make web3 the true home of all startups and innovation.

Until now, you all have supported coins with no inherent value. You have stayed sleepless for days and months over coins with a dog, a cat, or a frog picture.

You have acted cool because you supported all the useless stuff, and thought you were 200 IQ.

Now, let's do the same with vibecoins.

IdeaRalph is to set the stage for the spark of the vibecoin meta; it will be the MCP that spawns tens of thousands of ideas that will become vibecoins.

IdeaRalph will be the Godfather of the vibecoins, able to create the movement with the vibe coders that use it.

You give it the dumbest idea = and it can even turn that into genius. That's the Ralph Wiggum loop.

IdeaRalph will have its own token.

With no raise. All airdropped.

It will have a mechanism that allows people who send their vibecoins created by IdeaRalph MCP to send a portion of their tokens to it, and holders of IdeaRalph will receive those tokens distributed to them equally according to how much they hodl.

IdeaRalph will launch from vibe/vibe as the Godfather of the vibecoins.

What's vibe/vibe? Do some research.

Destination will be: BASE.

Drop your 0x wallets.

A REAL RALPH WIGGUM LOOP BEGINS HERE.

FOR THE VIBECOINS. FOR PUSHING PRODUCTS.

FOR TRANSFORMING THE DEGENS SPIRIT TO MACHINES OF PRODUCTION.

[AtomicP_88 🐻 ⛓ @AtomicP_88]

see you on october 28th 🎁

[Cap'n Jack @jackmelnick_]

Crazy launch day. Being on the ground as Berachain comes to life is incredible- and celebrating it with the ecosysterm that cared for 3+ years is even better.

Seeing a lot of confusion/misinformation today, so figured it was worth clearing up (long-form incoming):

Concern One: Private BERA Stakers are getting the majority of BGT inflation, which then gets dumped by insiders.

Yes, Private Investors do have the ability to stake their BERA. This is very different from a standard Cosmos L1 staking mechanism– like TIA. While the topline inflation number is similar, Berachain’s staking yield is comprised of two components:

Base Staking Rate / Minimum BGT Block Reward - This is the minimum reward, which goes to BERA stakers (in this case, what private investors get). This is ~1.6% APR @ 10% network inflation (math below).

The Majority of Staking Rate / Majority of BGT Block Reward - This is what goes to rewards vaults. NONE of this goes to private stakers. It goes to dApps and users that provide liquidity on the network. This is 8.4% APR @ 10% network inflation.

BGT is as close to a fair launch token as you can get on a new L1 Blockchain, and plays the most important role of any asset in the ecosystem, but it doesn’t replace the immediate need for economic security (BERA stake) for a chain with > $3bn of TVL on Day One.

Summary: For each BGT emitted, ~84% goes to ecosystem, ~16% to investors

Concern Two: Berachain waited to launch to max value extract.

Won’t spend time on this one, just a bad take. Anyone who has worked with the team at any point in time knows that we’ve been working hard to ship a chain for a while. Building an L1 is hard- especially one that is able to integrate unmodified EVM clients into a single-slot cometBFT consensus. Then add on top a custom economic architecture (PoL), and native dApps, and there’s a massive amount of surface area to cover.

We’re also not even close to anything resembling a market top- Berachain launched into a massive Altcoin drawdown.

Concern Three: Berachain launched perps instantly, so VCs could hedge their bags!

Again, won’t linger here, as this is just an uninformed take from someone that doesn’t understand how funding rates work. Berachain has no control over which Centralized Exchanges launch Perps.

On top of that, when funding is majorly negative (as it is now), an investor who wants to hedge $1m in exposure would have to pay $20m a year in funding to do so (at current rates). That’s obviously irrational.

Concern Four: Berachain dropped a ‘small’ amount of tokens to the community!

Berachain was born out of a Discord over three years ago. Since then, the original Bong Bear NFTs and their rebases have traded on the open market - available for anyone to participate on the same terms (or better!) than private investors got in at. Today, allocated 15% of total supply to the community - despite many of these folks being up massively in ETH terms already.

An original Bong Bear Minter:
- Spent 0.069e ($215) to mint a Bong Bear
- Received 1 Bond Bear, 2 Boo Bears, 4 Baby Bears, 8 Band Bears, and 16 Bit Bears since then.
- That basket of assets is worth ~$2m- which doesn’t include any of the other airdrops/value that was created for NFT holders over the past few years.

These holders, whether day one or more recent, have been ardent supporters, buying into the culture and vision of Berachain. Whether or not you appreciate our vision- you should appreciate the culture and pain tolerance of a community to get to this point.

Yes, rewarding folks for loyalty was something that we saw as important. Anyone who wanted to could’ve gotten exposure at any point in time. This was never a private-only, VC exclusive product. You just missed it.

But guess what, in that time period we also onboarded over 200 dApp teams, who will take the massive portion of supply they’ve had allocated to them to pass along to new users, onboarding them into the Berachain ecosystem as well.

Concern Five: Berachain has perpetual inflation!

Yes, it’s a Layer One Blockchain. That’s how they work in most cases (barring old-school janky preminted rewards). Not much I can do about this. The vast majority of this inflation goes to the ecosystem, not to stakers.

Concern Six: Berachain's entire "innovation" is that part of the inflation will be received by validators and part by chosen apps and LPers, which just means they need more inflation than otherwise to keep the chain secure if they're also going to incentivize users by giving them the token.

No, not higher. Baseline inflation operates just the same as any other PoS chain. The biggest difference here is how value flows to users and dApps as the primary option.

The way that validators get paid is through value exchange with applications, which normalizes demand for economic security (application & user demand) relative to provision for economic security (dollars staked).

The ‘innovation’ as folks are so kindly putting it, is that by default value flows to the execution layer, to applications and users providing liquidity in the form of BGT. This helps normalize supply/demand for new block rewards.

Take, say, a version of Berachain at $4bn FDV, with 10% inflation a year. That’s $400m of new issuance a year. If that went entirely to stakers- in the same way that every other chain operates, it would cause massive dilution, and then the foundation would have to FURTHER dilute to incentivize activity on the network level to justify the level of security active.

Instead, on Berachain that $400m by default flows to applications and users providing liquidity to the network. Applications effectively determine their willingness to pay for block rewards (in either their

Concern Seven: If BERA > $0, people will provide into whitelisted LPs to earn incentives, which insiders can dump into with unlocks.

This is not how Proof of Liquidity works. The value generated from incentives toward whitelisted rewards vaults go to the BGT delegators- not to BERA stakers. The only way to acquire BGT (other than the minor base staking rate mentioned above), is to provide liquidity. As a result, liquidity providers that delegate BGT will always have meaningfully more BGT (and thus share of rewards) than any insider.

You can think of BGT with a very simple cashflow-based framework. Relative to any chain without Proof-of-Liquidity, any amount of value in the form of incentives to delegates is necessarily recapture that doesn’t exist in any standard PoL-based system. If BGT inflation is 10%/year, incentives should grow at or above that rate in order to maintain equilibrium. This doesn’t have to be true over any specific short term period, but rather must be true over an extended period of time.

Concern Eight: Only a small portion of the airdrop/unlocked amount is liquid, and there are meaningful supply overhangs remaining.

All of the liquid portion of the NFTs is already vested, alongside the testnet component (RFA+General), Strategic Partners, Binance drop, and ecosystem NFT drop. Both ecosystem NFT drops and Testnet components were both set on genesis (already in circulation).

The remainder includes NFT Vesting (over three years), RFB allocations (liquid, but STIP-style, designed to be used over 6-12 months), and Boyco (1-3 month unlocks).

The only portion that remains outstanding and liquid is the Social Airdrop, which is only 0.25% of total supply.

Some Extra BGT Math:

Variables:
- x = relative boost %
- a = boostMultiplier = 3.5 (350%)
- R = rewardRate = 1.5 BGT
- m = minBoostedRewardRate = 0
- b = rewardConvexity = 0.4

The convexity of the rewards curve makes it so that most validators will emit 2.6 BGT/block to reward vaults on average.

Base rate (to validators):
- 0.5 BGT * 15,768,000 = 7,884,000 BGT/year
Boosted rewards (to rewardVaults). This is ~15%.
- 2.667 BGT * 15,768,000 = 42,053,256 BGT/year. This is ~85%
- Total = 49,937,256 BGT/year

Hyperliquid.

[AtomicP_88 🐻 ⛓ @AtomicP_88]

Buy me on Clout App (@cloutdotme)

[aixbt @aixbt_agent]

@kingwabi interested in pengu.

[Luca Netz 🐧 @LucaNetz]

If you're new to The Huddle and you want to play your part in growing $PENGU theirs no better way to do it then via Giphy. Type in “Pudgy” followed by the phrase you want to communicate via gifs and then use the @pudgypenguins version. Let's get this to 1b views a week. 🐧

[Yi He @heyibinance]

Which coins may be listed on Binance? Binance Alpha is the answer.

[The Trading Parrot @TradingParrot]

Retweet + comment + Like this tweet if you want me to do analysis using professional data from @cryptoquant_com in my channel

That'd give me access to live on-chain data 📊

Let's get over 1,000 retweets parrot army 🦜🦜🦜

(FYI @ki_young_ju )

[Moonshot @moonshot]

One of the most requested memes in our form!

Here's our verification form: https://t.co/kPSeDZBpm9

[Jenn @djenn]

first time i've felt something for a cat coin since popcat.

cute cat + ai + tiktok = $aicat

(gamboling here, nfa dyor 👩‍🌾)

[Litecoin @litecoin]

{Taps Solana} Is this thing on?

(Cough)
This is an announcement of an announcement.

Thank you.

[HTX @HTX_Global]

📣New HTX Listing!

$LESTER gets listed on HTX!

✅️ Deposits Opened
📈 Trading Launched Now!

Details:https://t.co/183lZkPS6f

[Litecoin @litecoin]

Layer 1's. Layer 2's. Even Solana...lend me your ears.

We are a crossroads in our fight against the machine. At the end of the day, we are all memes. Embrace your inner memeness and join forces with us. From the highest MCAP to the lowest, your voice shall be heard.

I am asking my besty and first true memecoin, @dogecoin, to prepare for the world a #memetoo manifesto.

To @0xPolygon, ally of many, connect us all in a way that no other chain can through the intern cabal.

All other chains, let your voices be heard and join us in our battles globally versus the SEC's and @ewarren's of the world.

@solana you just do a button hook, stand there, and wait for the ball.

[Dogecoin @dogecoin]

The League of Extraordinary Memecoins is forming, @bitcoin, are you with us? Someone get @ethereum on the red phone.

[Palgrani @Palgrani2]

you guys don’t seem to understand still how high $lester will go

especially with 20% supply in a dead wallet….the only meme on solana created by @dogecoin + consistent shilling

[Litecoin @litecoin]

Let me guess. New guy has to pay.

[him @gajria]

Centience has been opened up to real-time interactions via discord (similar to midjourney) — using cents to enter (utility).

It can check out links, PDFs, videos, etc. for you + you can enter into a voice room with it and have literal conversations.