I need to be transparent about Ember’s fees and rewards before people assume the worst about me or the project.
Ember launched with a 2% tax. After graduation it dropped to 1%. The official pair is solana:5dvXTZ5qwgafnHtwu3Ls3QrWx1U4LQsFeCuJgkk4QEC6 / $MET on Meteora. Meteora is permissionless, so anyone can open a pool.
The original design worked. Volume generated fees. Those fees funded buybacks, burns, and rewards. Since launch we have already distributed over $500K.
In the last 72 hours that stopped working. I have tried changing fee percentages and other settings. Nothing restored the flow. The platform wallet is only used to distribute whatever actually arrives. For the first 3–4 days it was normal. Then my side went to $0.
in last 2 days I still bought over $15K of Ember myself, expecting fees to catch up. They did not.
Check Meteora yourself: search EMBER. You will see USDC pools, SOL pools, DLMM positions, and our MET pool. Look at the fees those positions have earned, then cut the number in half because of auto buyback and burn. That is the real picture.
I do not want to be painted as the bad actor. Ember itself is functioning. The launchpad still works. People can launch modules and RWAs on it. The problem is different: Ember volume is generating $60K+ in fees for LPs while Ember itself is receiving $0.
I cannot choose which pool traders, bots, or routers use. Terminals and aggregators route to the cheapest, most liquid path. Right now that is usually USDC or SOL pairs, not the MET pair. Those other pools are not ours. The on-chain data shows the swaps going there.
That is the current situation. I am stating it plainly so no one has to guess.
We currently changed solana:5dvXTZ5qwgafnHtwu3Ls3QrWx1U4LQsFeCuJgkk4QEC6 pool to lowest fee ones son METEORA
https://t.co/YJ8RyCdM9e
I need to be transparent about Ember’s fees and rewards before people assume the worst about me or the project.
Ember launched with a 2% tax. After graduation it dropped to 1%. The official pair is solana:5dvXTZ5qwgafnHtwu3Ls3QrWx1U4LQsFeCuJgkk4QEC6 / $MET on Meteora. Meteora is permissionless, so anyone can open a pool.
The original design worked. Volume generated fees. Those fees funded buybacks, burns, and rewards. Since launch we have already distributed over $500K.
In the last 72 hours that stopped working. I have tried changing fee percentages and other settings. Nothing restored the flow. The platform wallet is only used to distribute whatever actually arrives. For the first 3–4 days it was normal. Then my side went to $0.
in last 2 days I still bought over $15K of Ember myself, expecting fees to catch up. They did not.
Check Meteora yourself: search EMBER. You will see USDC pools, SOL pools, DLMM positions, and our MET pool. Look at the fees those positions have earned, then cut the number in half because of auto buyback and burn. That is the real picture.
I do not want to be painted as the bad actor. Ember itself is functioning. The launchpad still works. People can launch modules and RWAs on it. The problem is different: Ember volume is generating $60K+ in fees for LPs while Ember itself is receiving $0.
I cannot choose which pool traders, bots, or routers use. Terminals and aggregators route to the cheapest, most liquid path. Right now that is usually USDC or SOL pairs, not the MET pair. Those other pools are not ours. The on-chain data shows the swaps going there.
That is the current situation. I am stating it plainly so no one has to guess.
We currently changed solana:5dvXTZ5qwgafnHtwu3Ls3QrWx1U4LQsFeCuJgkk4QEC6 pool to lowest fee ones son METEORA
https://t.co/YJ8RyCdM9e
I need to be transparent about Ember’s fees and rewards before people assume the worst about me or the project.
Ember launched with a 2% tax. After graduation it dropped to 1%. The official pair is solana:5dvXTZ5qwgafnHtwu3Ls3QrWx1U4LQsFeCuJgkk4QEC6 / $MET on Meteora. Meteora is permissionless, so anyone can open a pool.
The original design worked. Volume generated fees. Those fees funded buybacks, burns, and rewards. Since launch we have already distributed over $500K.
In the last 72 hours that stopped working. I have tried changing fee percentages and other settings. Nothing restored the flow. The platform wallet is only used to distribute whatever actually arrives. For the first 3–4 days it was normal. Then my side went to $0.
in last 2 days I still bought over $15K of Ember myself, expecting fees to catch up. They did not.
Check Meteora yourself: search EMBER. You will see USDC pools, SOL pools, DLMM positions, and our MET pool. Look at the fees those positions have earned, then cut the number in half because of auto buyback and burn. That is the real picture.
I do not want to be painted as the bad actor. Ember itself is functioning. The launchpad still works. People can launch modules and RWAs on it. The problem is different: Ember volume is generating $60K+ in fees for LPs while Ember itself is receiving $0.
I cannot choose which pool traders, bots, or routers use. Terminals and aggregators route to the cheapest, most liquid path. Right now that is usually USDC or SOL pairs, not the MET pair. Those other pools are not ours. The on-chain data shows the swaps going there.
That is the current situation. I am stating it plainly so no one has to guess.
We currently changed solana:5dvXTZ5qwgafnHtwu3Ls3QrWx1U4LQsFeCuJgkk4QEC6 pool to lowest fee ones son METEORA
https://t.co/YJ8RyCdM9e
@embercurvefun @privy_io The 'dev' version no longer contains the Ember 'x' information; we should update 'dev' before the previous official account is unfrozen. We will not be brought down by FUD.
@embercurve Sir, why not try using incentives to encourage builders to attract more users? Successful builders could receive rewards, which in turn would draw in even more users.