$PRISM doesn't care about the market
Everything is bleeding
@seanlippel is connecting @prism_lp with Uniswap
Meanwhile the index data integrations are in motion, NAV charts landing inside every major trading terminal.
gprism
I'm telling you @ethereum is about to become the most efficient place to trade on earth.
Volume on PropAMMs is 22m right now and it's projected to close at 30m today! Incredible @titanbuilderxyz@class_lambda work.
ethereum:0xbd3ab5859f244cc9f51ee0ca755c5cf663d80040 actually built something different.
Hold the token → you're in the LP.
1 PRISM → 1 NFT → real swap fees. No farm. No wrapper. Sell = NFT burned forever.
9 days in.
This isn't a memecoin with a deck. The ERC20 is the position.
uniswap hit a new daily all time high in burns (~134,000 UNI in last 24 hours)
which would place it roughly fifth in holder revenue (behind only hype, canton, chainlink, and tron)
and it’s still early innings, with more fees to be turned on gradually
there's a reason $prism is holding so well
launched during the worst possible time and regardless of that every day whales are looking to OTC supply at this level
it's not common for a new primitive to be established after all - fireworks soon
btw join the TG $prism holders:
https://t.co/CFDDAZupCO
Woke up extremely bullish on DeFi and Ethereum today
Uniswap launched in the 2018 bear, when Ethereum sentiment was at all time lows
Uniswap and other defi projects relentlessly built through that bear market and proved how powerful Ethereum can be, catalyzing defi summer and everything since
Now vibes are down bad again and Uniswap intends to build our way out of it. Last time it was by proving defi is possible. This time it will be by proving defi is inevitable.
The internet brought two disruptive changes: existing businesses moving onto the internet, and the formation of new internet-native businesses
The same duality will exist for defi: the tokenization of all existing assets, and a growing vibrant economy of crypto native assets. And it’s all happening right now, with more and more assets being brought onchain, increasing the value and productivity of crypto native assets.
As this digital economy grows, Defi is being integrated everywhere - payment processors, brokerage accounts, asset issuers. It won't stop until we eat the entire global economy
Uniswap the liquidity layer + Ethereum the settlement layer. The perfect combination of low counterparty risk, permissionless, programmable infrastructure
And all this will result in huge growth in protocol volumes and fee generation. Which reminds me:
UNI burn hit all time highs today, after several new sources of protocol fees came online.
And there are many more to come: v4, uniswap x, aggregator hooks, more chains, etc
Now add in all the new assets coming onchain
We're still at the beginning 🦄
Crypto's problem was never the tech.
It's that we engineered a market where extracting is more profitable than building.
Hundreds of millions raised.
Nothing shipped. Nothing returned.
In any real market that's fraud.
Here we call it a "successful TGE"
@MrLiquidd@dtrain22k Did you have a look at $Prism?
Building a Index Basket launch and trading platform with flywheel for the Native Token Prism on V4 Hook.
Last few days I’ve rotated some of my small caps like Lien into more $prism.
I’m so done with empty promises and tokens that do nothing, no matter how cool the concept. It’s how we got to this spot we’re in.
Prism is now my biggest small cap position. They launched during the worst possible week of the year, wich in a way is ideal for distribution and alignment of their holder base.
I think these guys created a whole new fucking primitive. People just don’t realize it yet.