1/ Want to compare two Solana projects for ROI? Let’s dive into DeFiTuna (with FusionAMM) vs. https://t.co/44R6bxXdQJ based on their revenue, presale, and revenue-sharing models. Both distribute profits to token holders, but which offers better returns? #DeFi#Solana
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A few people noticed I unstaked my DefiTuna position, so I want to address it directly.
I’ve spoken positively about DefiTuna & FusionAMM for a long time. I still have a lot of respect for the founder, the team, and the tech. FusionAMM remains one of the most innovative pieces of tech on Solana. I will continue to use it, support it with TVL, and enjoy the benefits the protocol has to offer.
But my investment thesis has changed and I'll be exploring several options, including OTC, to gracefully exit my position.
For me, the issue is adoption. I expected FusionAMM to attract more TVL and more sustained market demand than it has so far. Most of the large capital providers already have locked in agreements with Meteora, Orca, Raydium, etc.
At some point, even when the tech is strong and the people behind it are the best quality, you have to be honest about whether the market is validating your thesis at the speed and scale you anticipated. In this case it is not and the best use of this investment for me is to harvest a tax loss to offset other gains rather than simply hodling forever.
The team and founder is one of the best Solana has to offer. I'm honored to have been part of their journey and can't wait to see what they do next.
🫡 From the depths —
The White Whale 🐋
How to short SOL and collect fees on it
(LP guide in 1 min) 👇
• go to @DeFiTuna
• choose pool (SOL/USDC), and leverage 3x
• deposit in USDC, borrow 100% SOL
• move min range to your target (let's say $60)
• reduce max range for bigger profit
Green line = your PnL
Red line = where IL
That's it, you're basically shorting SOL and collecting fees on the position
Tek/UI is amazing, couldn't be easier to set up
All you need is
$Bread
29EFDZckLx6SF1QZKVxFZxXU55a2bxXCVHNmZr4wpump
$Tendies
6o2nqThoLHztTMkYHThnsWD6Qa5VrKVCpD9nkastpump
$MM
Ax8PSfCXxmxb8C8kYTzN5CPpTe6PyeZfFf8rrXNCjupx
All with @DeFiTuna LP’s
$PYTH / USDC is now live on DefiTuna.
You can now swap, place on-chain limit orders with a 0.14% rebate, or provide liquidity — all in one place https://t.co/uoNb3FqlY8
This market was created permissionlessly, anyone can list their own pair on DefiTuna.