Do not stop talking about peptides.
The more attention they receive, the more scientists are pushed to develop better ones for the evolution of human health.
update
Our ETF infrstructure is our flagship product and we expect this to flow billions through @MalleableGold
Why?
Because it is the most optimised ETF infrastructure ever built
Everyone else who tried this made the same mistakes:
- The cost to arb was too high, we are keeping it as low as possible, total 0.08% on our side, and we are revenue sharing the mint/redeem fees
- there was no arb function on anyone else, and this for us is one of the MAIN THINGS that keeps underlying NAV pegged to the ETF
With the way we've set this up, our ETF will be tightly pegged to underlying NAV by 0.2% or less
We're playing the long game with this, instead of trying to extract the most on fees, its actually better to create the best product possible for the long term
We are going directly head to head with tradfi, except this product is genuinely superior to anything out there
mostly because we are thinking about the best product as opposed to max extraction
thats how i'm building for the long term, this will be around in 20 years, not just the next 6 months. I will gladly shave off personal monetary gains for this.
We're also building on a chain that can handle what we want. Solana is fast enough to arb trades to happen, it has the liquidity and it has the most volume of any chain. We need this.
We're also opening up the tech so anyone can make an ETF themselves, with any combination of coins and ratios.
Funds may prefer different ratios than what we have, so they are free to make these as they wish.
Anyone can make one to how they think is best
This product opens up superior yield to SPL tokens that do not have lending yield, and only have yield on LP's
Because we revenue share in proportion to your LP size, yield generated will ALWAYS be more superior to anywhere else, you own the protocol, and you may ONLY get yield on your SPL token through this
This will be a massive step forward in putting your assets to work, and they won't have any risks that lending has. No liquidation risk, no risk of getting wiped out.
You are always liquid, you get paid in the underlying assets, there are no emissions, there are no scammy incentives, its pure yield through market volatility
and the market has never seen anything like this
Real EFT's are now on @solana, fully backed and collaterized, with full transparency of being 100% on chain
Getting very close to public testing, we will be going live soon
and when we do...
Watch this drive 🏌️♂️
On-chain ETFs are coming to Solana 🪙
@MalleableGold is building native ETF infrastructure — fully backed index tokens with continuous mint & redeem at NAV, plus fee-driven yield from real flow.
While TradFi ETFs like BSOL and FSOL give Wall Street access to SOL
a lot of build updates coming while we 🛳️
https://t.co/8oHFSyQcub (beta) - building a staking function for ETF LP positions
Share 50% of the protocol revenue, proportional to your LP size.
Own the yield product you use
This incentivise's more liquidity because they will own more of the protocol
We want to be the dominate yield product in crypto
also
- Launchpad almost ready
- Decentralised OTC market almost ready
- $GOLD bar launch almost ready
- First ETF almost ready
This is turning into something wayyyyyy bigger than originally planned
Bank grade gold bars are 400 Troy ounces, which is 12,400 grams.
Given 1 $GOLD coin equals 1 gram.
Our Gold Bars set to release, the first non-fungible asset backed by $GOLD, will be backed by 12,400 redeemable $GOLD coins.
Value that transforms without losing its essence.
Gold - Divine, esoteric, beautiful, representing the end state, the thing everything else is trying to become.
Digital gold - Gold without borders. Hard, non fungible value in your pocket. Scarcity made portable.
Malleable Gold - Value that can transform without losing its essence. The ability to become rarer through changing states. Alchemy brought to crypto.
Malleable Gold is finality.