Night one in Sydney in the books! See you again tonight!
8 May
Sydney, AUS
Sydney Opera House
with Sydney Symphony Orchestra
https://t.co/5jzmYucP1a
9 May
Sydney, AUS
Sydney Opera House
with Sydney Symphony Orchestra
https://t.co/Qlz3CTrjeM
majors down people saying it's a bear market yet everyone is still here grinding away in the trenches, there's always opportunities in coins just takes some real belief to survive these rough periods.
Next iteration of the flywheel is being coded already, and our first older token is nearly ready to be switched to the auto buy back system, can you guess who it is?
Conditions are a lot harder to create success stories but we'll throw the book at it until something either breaks or succeeds.
They wonโt mention who powers this entire update for reasons iโm yet to figure out but here goesโฆ
@GraphiteProto and @SolportTom are the engine room โ 38% ownership stake, $GP buybacks are where the value is right now for holders
20m market cap and sellers look exhausted โ๏ธ
Weโve been in the lab behind the scenes for a while now, working on a full revamp of @bonkfun.
This update opens the door to a lot of new opportunities. One of the most impactful changes under the hood is a complete overhaul of creator rewards and how we realize fees from claims postmigration.
The revamped codebase now allows us to claim and realize USD1 only, instead of USD1 + an SPL token. This change cleanly isolates fee claims away from the LP itself, making LPs much stronger and preventing fees from being exposed to compounding effects which a huge difference for creators on @bonkfun.
And this is just part one of a much larger series of updates we have lined up.
Itโs been a busy few months. ๐ซก
@bonkfun will take all the volume, and $gp owns 40% of bonkfun, trading at $22mm MC with assets > that in the treasury. 0.65 now $10 soon. The repricing will be VIOLENT