Federico

Building as a lifestyle in crypto, currently focused on @_forgeprotocol | Always curious about DeFi & Web3 ideas

[Federico @FedeOnChain]

https://t.co/Q7RJsGhkGy

[Federico @FedeOnChain]

@_forgeprotocol inferno is coming to @_forgeprotocol , stay tunned

[Federico @FedeOnChain]

Inferno is the second product I'll ship

phase 3 on the public roadmap, it's an LP plus leverage thing

but it exists for an unusual reason: not to be a great LP product (Solana already has those) but to feed the cSOL exchange rate from a second source

[Federico @FedeOnChain]

@_forgeprotocol why concentrated LP and not full-range, well because full-range LPs are a bad use of capital in 2026, and Solana already has working concentrated venues (Orca Whirlpools, Raydium CLMM, Meteora DLMM)

i'm not going to build a new DEX

[Forge Protocol @_forgeprotocol]

Day 27 on mainnet.

Rate: 1.0655 TVL: 8.47 SOL
Wallets: 29 Founding Forger slots: 29 / 50
Since yesterday: +0.05% on the rate.

Verify: https://t.co/arXJPbklIX

[Federico @FedeOnChain]

this is why TVL is a lazy metric for what we're building

[Federico @FedeOnChain]

TVL on @_forgeprotocol yesterday: 8.92 SOL
TVL today: 8.44 SOL
cSOL exchange rate yesterday: 1.0634
rate today: 1.0649

even with money leaving the protocol the rate grows

[Federico @FedeOnChain]

before: ~8.39 cSOL outstanding backed by 8.92 SOL, rate 1.0634
after: ~7.93 cSOL outstanding backed by 8.44 SOL
rate 1.0649

every wallet that kept its cSOL got more valuable overnight, without doing anything

[Federico @FedeOnChain]

day 25 on mainnet beta: rate at 1.0634

[Federico @FedeOnChain]

most yield products on Solana pay you when markets are calm

in @_forgeprotocol the volatile days pay more

[Federico @FedeOnChain]

wrap fees have a ceiling: how many users decide to deposit and withdraw.

arb scales with how active Solana is, no ceiling on that, just on how much volatility the chain produces

the bet behind cSOL is that Solana stays the most volatile high-frequency chain in crypto and that Forge captures more of it into the rate every block

[Federico @FedeOnChain]

@enricodefi @fogo gg!!

looking forward to try it