CryptoSpeed!

Crypto evolution, a revolution!!

[Johnny B. Good @Cat5SMASHICANE]

This is absolutely terrible, but yet hilarious the way the man tells this story. What in the hell was the teacher thinking? 🤣🤣🤣

[0xMarioNawfal @RoundtableSpace]

ANTHROPIC PAYS $750,000 A YEAR FOR ENGINEERS WHO UNDERSTAND WHY AI WORKS.

STANFORD JUST PUT THE SAME KNOWLEDGE ON YOUTUBE FOR FREE.

WATCH IT THIS WEEKEND. NOT EVENTUALLY. THIS WEEKEND.

[Family Guy Clips @Petre_clipz_]

Message from Church 😅 😂 .

[CryptoSpeed! @CryptoSpeed80]

@nodepay_ai Access!!

[Mayflower (Formerly Nirvana) @MayflowerAVM]

⏰Set your reminders!

🪷Nirvana Townhall
📌October 10, 12:30p UTC
🎙️Hosted by @gnarleysol
https://t.co/drc2LyKXWm

[Libs of TikTok @libsoftiktok]

“My son is dead. KiIIed by the woke mind virus.” Elon discusses being tricked into giving his son puberty blockers. This is so heartbreaking.

[fp 🌱 @soleconomist]

# $CLOUD launch retrospective

We wanted to do a truly fair launch, raising the bar and setting the new meta for all token launches going forward. And by and large I think we did a great job.

Our goals:

✅ Overcommunicate, practice radical transparency
✅ Pay no CEX listing fees of any sort
✅ Give long-term aligned retail a good entry, instead of dumping on them
✅ Bring "earnestness" into crypto discourse and reshape how projects reward users

We took many bets with our launch, but most of them went very right. We expected no CEX listings and ended up with ten. The Alpha Vault filled, and everyone who wanted to could get a great entry. We proved to the world that you can launch the Right Way, with full transparency, community engagement, and no insider deals, and still have it be a smashing success.💪

The airdrop was the one part we could have done better. Some people said incredibly mean things in the hopes that I would roll over and give them more. This disgusting behaviour is unfortunately the standard playbook. These people were relatively easy to ignore, but there were real and genuine users who felt disappointed and slighted, and I really wish I could have done more for these people.

The purpose of identifying and rewarding earnestness was to pioneer a sea change in crypto. There is a rot in crypto and too often, bad people doing bad things get rewarded. I wanted good people to win instead – people who demonstrated genuine enthusiasm or helpfulness with no expectation of return.

I absolutely believe in rewarding earnestness, but in hindsight, 50:50 was too much. We didn't do a good enough job of identifying earnest people, so that 50% was split amongst too few. Airdrops are gifts. Rather than thinking from the giver's (protocol's) perspective, I should have thought more about it from the POV of the receiver -- for someone who believed in Sanctum, put their life savings in, but kept quiet, seeing someone getting a lot more is like a slap in the face. I should have been more empathetic to these users, but did not have a good way to identify and reward them for Season 1. We will figure out a way to do so in the future, especially now that short-term farmers have started to leave -- we have already received many excellent suggestions.

We also muddled it with lower-tier earnest people in an attempt to include more people – that was a mistake. We should have kept the bar as high as we wanted to at the start.

Many of those with an earnestness allocation, particularly the ones in higher brackets, are genuinely good, long-term aligned people and I will bat for each and every one of them. Over the next weeks, months and years, I am sure they will step up and demonstrate their commitment to Sanctum and our mission, and win the hearts and minds of those who feel slighted. If we do this well, we can change the entire crypto meta going forward.

We are beginning to take liquidity out of the LFG pool. This should allow for more granular price discovery. We are working with our market makers to make sure that there remains healthy liquidity across the ecosystem. As mentioned in our tokenomics, the funds will go to a treasury controlled by the team.

I want to thank every single one of the people who have walked this long road with us. The @JupiterExchange team is absolutely GOATed. They are a shining beacon in all of crypto and this launch would absolutely not have been possible without them. Thank you so much to @0xSoju for going way above and beyond. Thank you to @weremeow who has been an incredible inspiration. Thank you to my friends: @tongnk , Xian, Kimmi, @kashdhanda , for being there for me. Thank you to @rajgokal and @austin_federa for your thoughtful advice and support when I needed it most. Thank you to @0xsudogm, for always being a patient sounding board for us. And thank you to all of you who have reached out with support and kind words, even though we have never met.

## What's next?
The $CLOUD launch is the first step of a very long road. The eventual goal is to build a truly onchain economy, and make everyone here rich, happy and fulfilled.

Thanks to our unified liquidity layer (Router, Reserve, Infinity), we have driven the cost of setting up a new LST down to zero. The next step is to actually harness this power.

We want to increase the proportion of liquid staked SOL from 6.5% to 100%. We have many avenues of attack to do so. We will work with awesome DeFi and CeFi projects to launch new and innovative LSTs: tensorSOL, banxSOL, kmnoSOL, bybitSOL, usdcSOL, etc.

As @SlorgoftheSlugs said, crypto desperately needs to create experiences that aren't solely driven by financial gain. We will pioneer LST as "money verb": as a way for you to stream your SOL to buy goods, services, and experiences, rather than yet more yield. And of course, we will make it such that you will never have to offramp your funds with @basedappHQ and cardSOL.

LSTs let anyone create capital with attention (cc @cryptoaioli), allowing them to earn money without hurting the end user. This will become a massive boon for celebrities, creators, and artists of all kinds, and I hope this sort of non-predatory support model becomes the new meta going forward.

Can businesses look on-chain as the default to raise capital and take payment? We are at the cusp of this being possible with Jupiter LFG and Sanctum LSTs. Very soon you will see the first projects that will use LSTs as a way to bootstrap -- @Pathfinders__ , @Raiba_AI, @RaposaCoffeeCo and @drinkflojo .

LSTs will help people fulfill their dreams – whether you're an independent artist or a Web3-native business. This is truly PPP, positive-sum -- using the power of LSTs to fund something in the world that would otherwise not exist.

We have been building as a small team, but this will change very soon. $CLOUD is a powerful tool that lets us leverage the attention, wisdom, and alignment of every single holder. Sanctum is no longer a project, it is a community. We already have many excellent suggestions from $CLOUD holders, and I am excited for all of us to build the onchain economy – together.

LFG! 🚀🚀🚀

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: 🇺🇸 Senator Cynthia Lummis says "Do you know what form of currency hasn’t been affected by widespread cyber outages?"

"#Bitcoin."

[dePioneers | Hybrid NFTs, Token-Backed DePIN DAO @dePioneerCats]

Ain't no depin rodeo without @hotspotty and the Depinhub crew! LFG!

Like their post and follow these partners to increase your cosmic odds to win. 👇

[dePioneers | Hybrid NFTs, Token-Backed DePIN DAO @dePioneerCats]

Thrilled to announce @animocabrands is joining dePioneers DAO! To celebrate, we’re giving away dePioneers NFTs to three lucky Animoca Brands' community members. How to win:

Follow @animocabrands, @uprockcom and @depioneercats, like and retweet this post, and you’ll be in the running. Winners announced in 48 hours! Don’t miss out - mint yours today and become part of our DePIN DAO!

[Thomas Massie @RepThomasMassie]

Yesterday my high school sweetheart, the love of my life for over 35 years, the loving mother of our 4 children, the smartest kindest woman I ever knew, my beautiful and wise queen forever, Rhonda went to Heaven. Thank you for your prayers for our family in this difficult time.

[Superposition Finance @superp_fi]

Our approach to risk management is OPTIMAL.

Superposition is built on Concordia infrastructure and leverages Concordia's dynamic liquidation engine to determine optimal liquidation close-out ratios to better safeguard users.

[Superposition Finance @superp_fi]

So how do determine these optimal close-out ratios?

@on_Concordia's engine automatically tunes itself in real time. Basically like a living autonomous creature that's always optimizing itself according to the most recent market conditions. 🐙 #RiskMatters

[Sanctum ☁️ @sanctumso]

check out our clean new look pushed by our brilliant @cwchanchan and the team!

[Sanctum ☁️ @sanctumso]

You can now stake with any Sanctum LST right on your 𝕏 feed with @saydialect and @solana's Actions and Blinks

Enable Solana Actions on your browser wallet, and try your first Sanctum Blink and stake with INF now!

https://t.co/U3kYf6QKfL

[Sanctum ☁️ @sanctumso]

1/ We just launched Sanctum Profiles (in beta), and this is the thread that gives you everything you need to know: 🧵

[dePioneers | Hybrid NFTs, Token-Backed DePIN DAO @dePioneerCats]

Galactic Update, dePioneers!

🍻 Big cheers to our pre-buyers! Your early support has set the stage for something extraordinary.
The artwork? Absolutely stellar & well worth the wait.

Mint Day is set, partners!

- Starts June 30th PST
- Duration: 2 weeks

Why two weeks? 👇

[CryptoSpeed! @CryptoSpeed80]

@UpRockCom @dePioneerCats #AreYouDePINorOut

[CryptoSpeed! @CryptoSpeed80]

@UpRockCom #AreYouDePINorOut