has anyone actually studied what forgeStability() does to the liquidity? let me explain π
each cycle it uses the WMON trading fees collected from the POL to run 3 rounds of buy β sell $IGN through the pool. those trades round trip the reserves so the LP stays intact, but every leg pays the 1% fee. the protocol generates real volume against its own liquidity on purpose.
the $IGN that piles up from fees? burned. the WMON? kept and reused to power the next cycle.
same capital working over and over. manufacturing volume, feeding LP fees, burning $IGN every round. the pool deepens, supply shrinks, the engine runs on itself.
0% tax. you trade freely. the Forge turns liquidity into a perpetual burn machine.
23%+ already burned π https://t.co/DRRXFrhXA0
BURN. REBIRTH. ASCEND. π
$IGN $MON @monad
gmonad βοΈπ₯
new day on the purple chain and the fire's still burning.
while the charts do their thing, $IGN keeps doing what it was built to do. supply shrinking, treasury earning, flywheel spinning. no days off.
and we're not on the couch alone. $FOURNAD and $OCTOMON right there with us. same deflationary DNA, same long term mindset, same diamond hands. dips are temporary, legacy is permanent π₯
market noise comes and goes. real builders just keep stacking and holding through it.
red or green, we keep building together. that's the whole point π
$IGN $FOURNAD $OCTOMON $MON @monad
@CoinDesk@SenLummis Agreed, regulatory clarity is long overdue. Lummis is spot on ambiguity just slows down real builders while bad actors thrive. Hope the Clarity Act gains traction fast.
let's be real about the chart π
$IGN ran hard, peaked, and has been cooling off since. that is just how it goes. price moves in both directions.
but here is what does not change. the burns kept going the entire time. supply shrinking on the way up and on the way down. the treasury kept earning. the flywheel never stopped spinning.
red candles are not the enemy here. every sell feeds the burn and every dip is a better entry into a supply that only gets smaller.
we are not trading a chart. we are building a system that wins regardless of which way the candles point π₯
Jobs not finished π
BURN. REBIRTH. ASCEND.
$IGN monad:native @monad
Ignis DAO just claimed +14.8994 USDC this epoch π°
this comes from our veDUST position permanently locked on @Neverland_Money. real USDC yield flowing straight into the treasury every epoch. no selling, no unlocking, just passive revenue working for the DAO.
Neverland is where lending repays itself and users direct the yield. solid infrastructure built on @monad and a perfect fit for how we grow the Ignis treasury.
every epoch the treasury gets stronger. revenue funds buybacks and burns. the system keeps feeding itself π₯
BURN. REBIRTH. ASCEND. π
$IGN monad:native @monad
65,000 USDC is being distributed to DUST holders this week!
Where does this yield come from? Revenue.
As a lending protocol, Neverland generates revenue from borrowing activity, and weβre consistently the highest revenue-generating app on Monad.
100% of protocol revenue flows back to DUST holders as locking rewards, LP rewards, and our buybacks vault. The USDC DUST holders earn is their share of last epochβs protocol revenue. Real yield from real usage.
$IGN just crossed 23% of total supply burned π₯
nearly a quarter of the supply gone. permanently. and the burns never stop.
every trade, every fee, every cycle feeds the fire. supply only moves one direction here and that is down.
23% today. the floor keeps rising. the flywheel keeps spinning. still early π
check it live π https://t.co/DRRXFrhXA0
BURN. REBIRTH. ASCEND. π
$IGN $MON @monad