Founder & CEO @TransmuterTMI
Building the safety & sustainability layer for cryptocurrencies on Solana through end of life contingencies & infrastructure
Daily reminder that one of the most important pieces of infrastructure crypto is missing is being built right now.
@TransmuterTMI isn't meant to last just a few years. It's meant to last as long as crypto markets do.
We're looking for people for the closed beta who want to help:
- Make markets safer
- Eliminate scams and rugpulls
- Create sustainable markets that thrive
- Create markets with deeper liquidity
- Create markets that are prepared even for even the worst case scenarios
- A launchpad where supporters aren't screwed over, but rewarded instead.
Once you see it work firsthand, you'll get why this isn't empty hype. It's a guarantee enforced by code.
Big update:
Here's a quick look at what we've been focused on lately.
It's a simulation of our entire Transmuter infrastructure.
Launch, token's entire lifecycle and death are simulated while faithfully replicating our infra and real market conditions, based on historical data of $SOL.
The current screenshots show $SOL with our infra integrated having higher $ value per token in reserves at end of life than its current market price.
While this is unlikely to happen in reality, we decided not to assume anything and follow HISTORICAL data to the bitter end, only using verifiable data, no assumptions.
There's also another version, where our $SOL variant isn't based on historical $SOL price, but its MCP instead(it always matches the MCPs between the two variants, resulting in our variant of $SOL theoretically having lower market price due to higher dilution), but when you look at it in practice even with dilution it wouldn't fall below $SOL in most cases due to reserves being higher than the MCP adapted market price.
What I'm saying is, our simulations are humble if anything because it is based on historical data that just isn't prepared for this infra at that time. The harsh phases $SOL encountered, and the lows it reached would be basically impossible to reach.
In reality our infra will only outperform the simulation.
$SOL is currently worth $77.
But if it used @TransmuterTMI's infrastructure, it would have an end of life reserve per token of around $122 right now.
Think about that for a moment.
Especially if you understand what market cap and token prices represent in crypto, and how much is extractable without this infra should it reach EOL.
Massive difference, isn't it?
And as for the fees?
We will charge less than other launchpads even with all the required fees Transmuter infrastructure requires to scale your safety nets.
The only thing that will change for you as a user is you will have a launchpad that takes care of you at every turn, instead of leading you down the dark alley so someone can rob you while they take their share.
And its all enforced by code baby.
the biggest risk to bitcoin is none of these things
the biggest risk is the coin being socially and memetically centered around one dude
instead of talking about monetary policy, state tyranny, scaling payments, robustness against quantum, BTCFi, privacy, block propagation or any of the other ideologically or technologically interesting things
for the past year, the entire discourse has been: "did boomer man sell or buy?"
btw, no the point is not to "not change", what you mean to say is that a monetary base must be low entropy. meaning it must be resilient against surprises (you cant build a stone castle on quicksand), but quantum is precisely a surprise
@solayer_labs The biggest Solana event in Europe this summer is coming to Belgrade.
Two-day conference during @BelgradeBW, with 50+ speakers from regulators, government, banks, big tech, VCs, and the Solana ecosystem.
https://t.co/lvmKmTS5fh
We should have a more positive attitude toward crypto overall. If CT is miserable all the time, we can't blame people for not wanting to join us. A little more bullishness and a little less doomposting