Pierre

O+

[Mario Nawfal @MarioNawfal]

Instant Karma

https://t.co/v1yZnYJi0V

[ALLADA collection ✨🇭🇹 @kikyloyality]

International airport dès cays Haïti 🇭🇹

[J A Y - K O V I N - M I C H E 🦊🤟 @jaykovinht]

Jwè sa sonnen pi klè toujou sou sèn ke nan stidyo😂👌🏽

[Pierre @Frisnel1]

@SMOGToken Just waiting Smog

[Pierre @Frisnel1]

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[Pierre @Frisnel1]

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[Madni Aghadi @hey_madni]

12 Lessons I Learned from Rich Dad Poor Dad (Bookmark for Later)

- Thread -

[Wen @wenwencoin]

One of our community members just dropped a 50 minute video on $WEN 🤯

➡️ We’re giving away 5M $WEN to someone who likes and RTs this.

We want people to know why Wen is different than most coins and this community member did an amazing job breaking it down ❤️

[Myro | Solana Chain 🐕‍🦺 @MyroSOL]

Good Friday $MYRO Family 🐕‍🦺

Quick tweet to address some information:

A Crypto YouTuber @cryptogalaxycc made a post in his discord saying certain news about exchange listings that were not true causing an oversold decline in price.

Any news, listings, or rumours that are not told by the team officially are not true. This was the cause and only cause of decline in price

This however shows $MYRO resilience as we have survived our first FUD attack.

Good News: since FUD, although sadly, is a normal thing that happens a lot in the crypto space it means everything remains the same. Our Social Media app preview is officially out and a huge milestone for us and our marketing is only getting bigger by the day

The black dog remains omnipotent 🐕‍🦺

[Wen @wenwencoin]

The cat is cute, but the cat has a lot more on its plate.

The Wen Foundation’s first contribution is Wen New Standard (WNS), an open source NFT standard meant to be expanded by any and all members of the community.

WNS is a distributed coalition of ecosystem partners, beginning with @OvolsNFT and @JupiterExchange, building toward a more decentralized future for Solana.

To learn more, contribute, and be an active part of WNS's movements - utilize our JUP research forum.

👉 https://t.co/2zDVaaxrRw

⚠️ Also, we are aware there are a lot of accounts impersonating the official @wenwencoin account. Please be careful and verify before clicking links.

[meow @weremeow]

In the final 73.5 hours of jupuary, i will try my best to finish a mad sprint of notes:

- Post mortem for WEN
- $JUP details and minting ritual
- Jupiter Updates
- JUP DAO & working group approach
- JUP site launch details

PS: Jupiter WP will come after Jupuary 😅

[Jupiter @JupiterExchange]

JM! Have you claimed your $WEN airdrop yet?

Claim ends 29 Jan 2024, 10am EST, so remember to do it before then!

[Wen @wenwencoin]

Hoping everyone has enjoyed Wenday so far ❤️

The start to an incredible journey.

Let's push Solana to the limits, give back, and have as much fun as possible while we're at it.

Oh, and also make sure your 🔔 are on.

[Wen @wenwencoin]

@jpgphenomm Also, no influencers got allocations.

Everyone is equal ❤️

[meow @weremeow]

This is correct. I created the genesis meme but that's all i did.

The awesome gang at Ovols, including @TheSwervor and @luketruitt will be focused on building long term value, community and memology here, while working on the wen nft standard.

I have learnt to love their work, especially in terms of product, branding and community. Join their discord to get a feel of it. You might like it too ;)

[meow @weremeow]

since our launchpad is super beta, i will do a livestream later on how to use it to claim WEN and JUP, how to trade given the very volatile markets, explain the different components, how the launch pool configuration works etc.

will be first time using twitch, lol. gg

how about in like 30 mins?

[meow @weremeow]

Jupiter LFG Launchpad Beta!

Delighted to share our very beta LFG Launchpad, the first and only system whose goal is to infuse projects with love 💕 from a genuine Jupiter DAO and community, sets them up with long term success and protects their buyers from hype, fomo and rugs.

Unlike other launchpads, this launchpad will not have any complex (and often fucked) incentive mechanisms, or isolated price discovery systems - relying on the community, open market and ecosystem to do their things instead.

There will also be 2 tokens launching on LFG in Jupuary, of which we share more details below too. This is VERY BETA, so we expect to uncover a lot more issues over these 2 weeks, including the JUP launch.

It is risky, but hey, if we don't dogfood our own launchpad with our own JUP, how am I going to ask others to trust me with theirs right? So let's see if we can make this work😆

Key Features:
- Largest community rooting for you, maybe even becoming users!
- Millions of airdrop recipients can claim at once
- Launch pool that's customizable for projects needs, locks team LP for days and mitigate bot advantage powered by the awesome @MeteoraAG DLMM
- Highly intuitive tool to design the liquidity pool exactly the way you want*
- Special network reporting and gas management panel to handle on-chain chaos
- Full trading features but focused on the pre-ordering process
- Integration with full network of bots so you can choose your fav bot to use it with
- Full enterprise level RPC, Cloudflare and FE support

Key Goals:
- LFG Price discovery: Everyone starts at once, no complicated isolated pool mechanisms. The open market should be where discovery happens
- Immediate liquidity for paper recipients to dump, while there will be sufficient buy liquidity, preventing very erratic price swings.
- Sufficient backstop buyer-regret liquidity for price to stabilise before liquidity can be withdrawn by team. This prevents a situation where the price dumps shortly but the team has all the stable liquidity.
- Fully transparent on-chain market making, completely zero shennigans.
- A focused UX for the user to buy/sell wo making a lot of possible mistakes around gas and trades

DAO Vote, Community Rallying and Technical Support

The DAO will vote for all projects to be launched, ensuring that this is a project the community can get behind.

After the DAO vote, the project will be fully and thoroughly introduced to the community via a few sharing sessions on Discord and Twitter as well as being featured on the Jupiter homepage for a few days.

This will ensure that the most active community members and users will get to know the project very, very well - increasing the chances not just of a one day buying, but a long term, highly synergistic relationship.

Removing all potential worries for projects by providing full operational, scaling, technical support and expertise. Our best in class user support will extend to you too.

References:
For more details on motivations and technical updates, you can refer to this draft jupresearch post.

https://t.co/FGN7KbDuoS

Custom Price Curve Modeling

Unlike other liquidity curves the point here is NOT price discovery or equilibrium, but rather liquidity bootstrapping and backstopping. Along with every project's extremely different needs and context, a custom price curve tool is needed.

Enter The LFG Price Curve design, maths, paper and website is being developed by intern #2 @Village_Idiot, who is mid way through high school.

https://t.co/MUjdnBICUl

This tool here to help project teams design the price curves they want, which will then automatically tell them the amount raised at different price points, executes the mathematical translation into DLMM bins etc.

The important here is that there is no need to determine or set an initial price - you can just decide your initial price (which is important for determining bot advantage), your final price (important depending on your liquidity needs) and how steep you want the price to increase.

* Graph y-axis does not start from 0

For example, in this configuration you can see here the starting price is low to incentivize early liquidity, but the curve steeps strongly upwards with only a small number of tokens available for early takers before a more gentle slope occurs. This incentivizes early aggressive price action while leaving most tokens for users.

Alternatively, less hyped project can certainly opt for a more gentle slope with a higher starting price, which will allow everyone to acquire the tokens gradually over time without much price advantage for early buyers.

While the current tooling only supports on single curve, we will be adding a lot more curves over the coming year, including S-shaped and U-shaped ones. We look forward to experimenting with various configurations over this year, and I am sure best practises will start to show up over time!

The full research paper and post will be up soon. He writes like a 5th grader, so be kind.

First 2 Projects For LFG Beta:

We are trying out a lot of new things with this launchpad, and many, many things can go wrong. As such, we will host a lower stakes launch first, and then finally eat our own dog food with JUP.

1. A fun coin managed by our good friends @OvolsNFT will launch this week some help from me. I will have zero financial stake in it, and Jupiter will have zero involvement in the memecoin.

With even more airdrop recipients than JUP, it will be a much lower stakes, fun, but similarly extremely technically challenging test for the launch pad.

2. Following week, on 31st of Jupuary, we will of course launch JUP. Yes, we are dogfooding our own launchpad ourselves with JUP.

Jupiter DAO
In both cases, both @OvolsNFT and @Jupiterexchange will provide 1% to LFG launchpad, of which the upcoming JUP DAO will receive 75% and the team 25%.

So that should be a nice early bonus to the DAO. The team will keep this first, and transfer to the DAO after it forms.

Moving forward, the Jupiter DAO will approve new projects to be on the launchpad. It has to be throughly responsible for making sure the projects are worthy of being promoted to all Jupiter users, and then doing what they can to make the project as successful as possible.

There will be no bullshit like insider arrangements, secret profit sharing and token gating. The above arrangement is a pure, simple and mutually beneficial approach to token launches.

Given that the Jupiter DAO will be the largest, most non-insider voting, most dynamic and open minded DAO in the history of DAOs, we are confident

The team will provide all required support to projects approved by the DAO, with the likely maximum of one project every 2 weeks to maintain a very high quality pipeline.

1st Feb: Ready For Projects
We hope this gives a nice overview of our LFG launchpad, and our road towards launching Jupiter. We look forward to your active participation in these 2 launches.

If all goes well, we will be able to start offering the launchpad to projects who would like to launch with Jupiter!

Otherwise.... Well, at least we mess up together as a community right? 🩷

Love,
M

[meow @weremeow]

Why 10x?

Because focus is the most important thing for a team, community and DAO.

With focus, we are a sharp knife cutting through the tainted vines holding the meta back.

Without focus, we are a blunt piece of ribeye slapping against a gloating cabal.

The 10x goal is good because in order for us to reach this goal, we will need to:
- Continue being the best product in defi
- Massively bring in the masses into the meta
- Build very strong unique value on Solana

Uniting towards this goal and preventing infighting for pennies as we start this next phase is going to be absolutely important. Don't get me wrong, we will and we should infight if there is crucial ethical issues but we will not infight for pennies.

Regardless of short term market sentiments, JUP has immense value right now as the symbol for DeFi 2.0, the main coordinating social mechanism for the meta and governance for JUP DAO.

The next major phase for JUP will not be in terms of playing useless 'utility' games for the sake of pleasing CT MBA wannabe types.

The next step is to transform Jupiter into a full fledged decentralized economy, and JUP to be the corresponding currency for this economy.

10x is a good proxy for the beginnings of this next phase. Let's get it.

[Pyth Network 🔮 @PythNetwork]

We’re blasting off today with a new deployment of Pyth Entropy and Price Feeds on @Blast_L2!

Blast is a new Ethereum Layer 2 blockchain and the first L2 offering native yield for ETH and stablecoins.

Developers on Blast can now integrate with over 400 real-time price feeds and a new innovative source of random numbers.

Learn more below:
ℹ️ About Blast

Blast is a new Ethereum Layer 2 blockchain and the first L2 offering native yield for ETH and stablecoins along with faster and cheaper transactions for users. Blast is backed by Paradigm, Standard Crypto, and eGirl Capital.

🔮 Random Numbers and Price Feeds—All #PoweredByPyth

A new L2 with native yield could unlock a new decentralized economy, driven by DeFi—perpetual trading, lending, and DEXs—as well as NFTs and SocialFi: these verticals would depend on a secure, reliable, and low-latency source of financial data and randomness.

This partnership recognizes Pyth Network as the preferred oracle partner of the Blast ecosystem. Pyth Entropy is designed to be the fastest source of decentralized randomness, and as such, is positioned to power the Blast Layer 2 economy and support its NFT ecosystem.

Pyth Entropy's integration into the Blast ecosystem will enhance its capabilities for supporting a multitude of Web3 verticals, such as NFT initiatives, prediction markets, and SocialFi. A random number solution can dictate outcomes for creative initiatives such as NFT creation and distribution, predictive markets and betting, and Web3 gaming.

Pyth Price Feeds are the lowest-latency and most available price feeds for smart contract developers, covering over 400 real-time data feeds across five major asset classes. Access to high-resolution and wide-ranging price data is paramount for building sophisticated DeFi primitives.

🗣 Quotes

“We’re proud to partner with Pyth Network, an oracle for financial market data, and now, on-chain random numbers,” said @PacmanBlur, core contributor at Blast. “Pyth Data will allow us to leverage the full potential of Blast’s native yield and rewards system, and enable users and developers to use and build cutting-edge Web3-native services on Blast.”

"We're excited to have Pyth Price Feeds and Pyth Entropy integrated on Blast's fast, secure, and innovative Layer 2 platform,” said Marc Tillement, Director at the Pyth Data Association. “With real-time market data and reliable random number generation, Blast users will benefit from enhanced DeFi experiences.”

[Silencio | Voice Data for AI @silencioNetwork]

The #NewYearsChallenge is coming to an end. ⏳

You have 24 hours left to claim the throne! 🏆

Maybe it's time for a night shift... 🤔

Best of luck to everyone! 🙌