Happy Valentine’s Day❤️
Love your seabird🦜
Live on islands🏝️
Travel⛵️
Meet new souls🌎
And happiness will find you✨
It's all about the process - pure enjoyment🏴☠️
Enjoy @seabirdweb3 💙
🥵 Time to get the Burner Badge
This event is dedicated to opening the chests that contain the token airdrop allocation
You can submit your application now 👇
https://t.co/gffydlxa6p
Only users who have opened their chest by burning it will receive this badge
Deadline: 72 hours 👀
We just enabled token launches on @arc mainnet on our factory contract (0xeE3E862Efde6DCd6DF5648AF0E2731B9D1dF4605).
You can launch tokens on @o1_exchange on @arc@circle via API (https://t.co/lQJ2UBfbKM).
We will release the app frontend soon.
Most people would beat themselves up for fumbling a million dollars but honestly I'm not phased by it
It actually gives me confidence and tells me that I'm thinking the right way and focused on the right things
Some lessons I learned:
- My original thesis about the entire stockmemes narrative was right
- I first bought stonk and posted it at $1m mcap and saw the opportunity that solana was lacking the RWA play
- I ended up riding my position up to $50k and not selling, but then got scared and sold at for $13k profit because I thought robinhood won the narrative
- I fudded myself out of my own bags which sucked
- The next few days after selling were rough as I watched it rip and it led me to feel very upset and emotional for a week which affected my mood and life
- I started spending too much time staring at charts and not enough time taking care of myself, working out, spending time with my girlfriend, friends, family, etc
- Eventually I realized that the only way to move on from it was to accept it and take responsibility
- I learned that most great trades need time and stop thinking that it should go up 100x overnight
- I also learned how to handle huge swings of emotions during trades and be patient
In the end my thesis was 100% right but my execution could have been much better
I made $13k on a trade that could have made me $1m
But I'm not worried because there will always be another opportunity and now I'm better prepared to handle it
Looking back this will be one of the best things that ever happened to me
Every trade teaches you something new
It's all apart of the game
$NDEX finally added to Robinhood
$34M -> $41M
Vlad Tenev in berserk mode
One of the core assets ended up on Robinhood
Yeah, it’s not a full listing, just an indexing, but it looks like Vlad and the team really believe in the ecosystem
They’re indexing even these seemingly risky for them RWA projects where the legal side isn't fully sorted out yet
Vlad is GOAT
How To Get Ready For Arc Launch
Super guide
First off, create an account on @fomo
From what I understand, a collaboration between @arc and @fomo is in the works under an exclusive contract, so I’m expecting some Fomo
related activity
1) @liftdotfun
There’s a lot of hype around the project
Some kind of secret major update
Supported by the core team
2) @arcpad_meme
Locked LP forever, creator fees in USDC
3) @tollylabs
Launchpad Trading terminal
4) @circlewarp
Bonding curve, graduates at $69K Zero deployment fee
5) @minarafun
USDC-native launch Circle Ventures backed
6) @ArcDEXScan
Scan, launch, and trade all in one place 1% fee
7) @Archemistdotfun
Launch on X just by tagging the bot 80% of trading fees go to the creator
8) @flutchdotfun
Arc SuperApp
9) @actfunxyz
Launchpad and Marketplace
10) @Banquetdotfun
50% of Banquet’s platform revenue will be airdropped back to users
11) @Fliptfun
Early buyers who stay bonded earn a share of trading fees after graduation
12) @axpha_io
Spot and Perps Possible launchpad down the line
13) @ArcadeSwap
Native USDC AMM Fair launch on Arc
The Standard Reserve is coming on September 14.
Both audits have found 0 critical vulnerabilities, reports will be made public before launch.
More details coming over the next few days.
Robinhood zero-fee transactions soon
A few days ago, gas fees on Robinhood were so high because the load exceeded the gas target, causing transaction backlogs
The worse the backlog, the higher the network congestion fees
The RH Chain team officially bumped up the gas target metric twice: on September 1st from 18M gas/s to 30M gas/s, and on September 3rd from 30M to 40M gas/s
To fix the situation, the Robinhood team just needs to press one button that controls the gas limit
This is the ideal network usage amount set by the developers to adjust the base fee
If the actual load exceeds this ideal amount, it leads to congestion
The greater the backlog, the higher the base fee becomes, making L2 execution fees that much more expensive
Simply setting the gas target parameter higher than the current actual network load is enough to drop gas fees by an order of magnitude
The only question is whether the Robinhood team actually wants to do it
$STONK $BSTONK $STONKEX $PONS $STONX and probably 20 more next week.
The stock paired launchpad wars have started.
I wrote The Token Deployer Manual
If youre building or buying the winner you probably like to read this.
If youre grifting you wont. https://t.co/jj3tSFovye
$PONS on CEX soon?
Institutional market maker Cumberland is ramping up its $PONS position
They're currently holding 12M $PONS (~$8M)
What do you think is going on?
Gearing up for a CEX listing?
Thesis on @UFGDeFi
$3m mcap
TLDR:
- OlympusDAO without inflation, but with real revenue-generating products
- Doxxed Dev
- Goat Team
- Support by the best founders of DeFi (Curve, Frax, RootsFi)
The Product
It's a deflationary OHM with a fixed supply and an ecosystem built around the treasury in the form of DeFi strategies that earn from various inefficiencies on Robinhood
That profit flows into the treasury, which is the NAV for the token, so holders can always burn their tokens for ETH with a 2% fee
The initial treasury of 56 ETH ($140k) was formed purely from trading the token, which charges a small fee in ETH
In v2, users will be able to borrow against UFG in ETH at 1% APR with an 80% liquidity margin. On top of that, the first strategies are expected soon:
- Enhanced USDG
- Hedged and Levered tokens
- Weekend Liquidity (I think the protocol will make money from predictable premium on tokenized stocks that appears over the weekend and disappears once markets open on Tuesday)
Team + Contributors
United Founders Group has at least one public dev, @Cibolan2000, who is a team member. But as I understand it, DeFiDave core idea is to bring top DeFi founders and devs into the ecosystem as contributors/advisors, which resonates with the product itself, so the best minds in DeFi could end up working together on strategies inside this year's main chain
@samkazemian <> @fraxfinance <> @defidave
I grouped them together because Sam and DeFi Dave (prev Frax team) were among UFG's first followers
Frax publicly supported the v2 announcement, and sfrxETH is set to be integrated. For those who don't know, Frax is one of the OG DeFi protocols, with a peak mcap of $1b
DeFi Dave is doing incredible work shilling UFG
As mentioned, he previously worked at Frax, and now, besides UFG, working at CapApp which currently has $326M TVL and a $400M mcap.
Since launch (Aug 31) he's already participated in 3 podcasts: @blocmates, @FullyVested_Pod and @2lambro - talking about UFG
As I understand it, one of the team's strategies may be to reveal contributors gradually, so below I've highlighted 3 DeFi Chads who have openly supported UFG:
Founder of Curve: https://t.co/hfOuvaTa65
ETH team member: https://t.co/RdqJG3uE0w
Rootsfi team: https://t.co/r8PCP8RXNi
(@MEADGod also has this project in his bio btw)
And so you're fully convinced this is legit: MegaGod, @AvgJoesCrypto and @ericzhong (Uni team) all follow the project
My thoughts:
The product is still at its earliest stage, but soon this could turn into an ecosystem of dozens of products, each generating profit that in turn backs the price of robinhood:0xefab538cf3c29237a47c6afb145d50ddf204a0a3
But I think the most important thing here is the team/contributors
We have a partnership with Frax and their support; top names in the DeFi industry are speaking publicly about the project in a positive light, which also leads me to think we'll see new partnerships with large DeFi protocols and their supporting, bringing additional attention and value to UFG
The final straw that could push the token to new ATHs might be an appearance on @MCGlive
The team managed to convey why their product is valuable and unique to the top DeFi chads, now they need to do the same for the degens, who for some reason still don't get this project
The reason I'm even sharing this is because it proves how great stock paired tokens with stimmies are
As a trader you protect your downside and increase your upside by recieving stimmies of stocks for holding
If you buy $100 of a coin and sell for $90 but earned $10 of stock you actually broke even
If you sell for $110 and made $10 in stocks you essentially doubled your profit 20%
It makes you feel like your earning passive income for holding your positions which is great feeling to have
This leads to people holding for longer and gives them extra funds they can use to buy more of the coin
There's literally no point in holding regular sol/eth paired coins ever again
If you were launching a token right now, what would it be like? Technical or pure community energy and humor?
Send your ideas in the comments - I’d be really glad to read them; right now, there are several excellent projects that could launch their tokens.
When it comes to true DeFi, @newmichwill is a pioneer in the way he set up the @CurveFinance treasury.
While the Curve Treasury prevents governance capture, @UFGDeFi’s Immutable Treasury is a check on economic capture.
But what we both agree on is Down with MultisigFi!