$LO0P ALLOCATION IS OFFICIALLY LIVE!
Hold your $LO0P , join the movement, and unlock your share of community rewards.
The governance vote has passed the $LO0P airdrop is now rolling out to the community.
More details below 👇
1/2 🧵
You can monitor live borrowing positions directly on our platform.
$361K worth of ethereum:0x20ea861b3acec90d3a15b4755d9a1cf1f161496e tokens were staked as collateral.
https://t.co/8vLcpZEsHi
$LO0P is starting to click for me visually.
This isn’t “just another meme with a hook.”
The entire system is structured around liquidity bands acting like programmable liquidity vaults.
Right now:
• 173 ETH in the pool
• 23+ ETH already borrowed against LP liquidity
• Active band sitting between 150–180 ETH
• Next borrow band only 7% utilized
What’s interesting is how the curve evolves as bands get crossed:
Crossed bands become ETH-dominant liquidity zones, while untouched bands remain dormant on the LO0P side waiting higher up the curve.
So instead of idle LP capital sitting there doing nothing, liquidity progressively transforms into productive collateral as price moves through the structure.
That’s the real innovation here.
Uniswap V4 Hooks are basically turning static LP ranges into a live credit market.
And the craziest part:
the system is doing this while remaining effectively ownerless.
No admin rug switch.
No hidden treasury extraction.
No withdraw function on hooked liquidity.
Just a self-reinforcing liquidity engine where utilization increases as the market expands.
Actually one of the more interesting V4 experiments I’ve seen so far.
"Fail with Custom Error 'SwapInSameBlock ()'"
If there is a buy transaction in the same block, the borrow transaction will not be triggered; this is a security measure
▎ lo0p hook owner can only call 2 functions:
▎
▎ 1. initializePool() — already called, locked
▎ 2. seedBands() — needs ~100 ETH of LO0P to fire; even then it just adds liquidity to the pool
▎
▎ Owner can't withdraw or harm users. De facto renounced. 🔒
LO0P token: ownerless (no mint, no pause, no blacklist)
Tonight at 7 pm EST we'll be diving into a web3 101 security class with the legends from Boring Security.
If you haven't yet, join the Boring Sec discord below and sign up for the ApeCo ecosystem class
LMK if you have any questions or issues. See you tonight!
Happy Welcome Wednesday
Tap in with the fam and earn your cupcake today!
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Staying safe in web3 is essential.
Our Ape of the Month for May is someone who shows up every day to protect and educate the community.
@nft_dreww consistently shares free, actionable info on the latest scam tactics and how to stay safu. His work helps prevent costly mistakes and keeps both new and seasoned Apes protected.
We’re proud to have him as a resource within Welcome Apes and the wider BAYC ecosystem.
To show our appreciation, we donated $100 to Drew Security through Giveth and another $100 to Boring Security DAO in his name.
Thank you for everything you do, Drew. The club is safer and stronger because of you.
DINGDINGDING,
Just purchased this grail set minus BAKC. Up to 25 apes now.
Thanks to @CirrusNFT again for the help! Also to @sher13z for the smooth deal, can’t wait for your next move!
BAYC UP!
BAYC THE ALPHA. 🦍☎️
The culture.
The community.
The energy.
Meet us at the Red Telephone Booth.
Miami nights with the apes hit different.
If you know, you know. 🍸🔥