@FluffysHQ is the latest 404 collection to launch using the Libreplex Fair Launch Hybrid Defi protocol including @LibrePlex royalty enforcement on Token-2022s.
We are launching LibrePlex Pipelines today.
Pipelines allow existing collections / hashlists to be migrated into Liquid Hybrid tokens.
The newly created Hybrids are backed by a trustless liquidity pool with permanently locked liquidity.
More details to follow throughout today.
@whoelsebutSB - thank you for the video production!
Dear all - deflationary dynamics powered by Token-2022 Transfer Fee Extension have now been deployed to LibrePlex fair launch contracts.
The latest and the greatest can be found at
https://t.co/YKZkyNC4n3
along with anchor-generated IDLs.
Any feedback / flame / bug reports etc are most welcome!
We're seeing pretty much ecosystem wide adoption for token-2022 Metadata.
For asset owners, it's a quantum leap because you actually retain the ownership of your assets. No third party program grabs them or freezes them. It's doing what metadata should do, and not confusing metadata with ownership.
For devs, it's beautiful to work with. Everything sits on a single account - no auxiliary PDAs. Apart from base metadata, there is also support for collections aka groups (rolling out around March).
Multiple scanners already support T22 Metadata (at least @LibrePlex, @FluxBeamDEX and @nickfrosty 's latest).
Degen marketplaces are jumping on the train as well together with DeFi platforms. Would be great if @JupiterExchange jumped on board though and allowed token-2022 fungibles on the strict list!
What's really missing atm is wallet adoption - @solflare_wallet you should look into this. It's dead simple. Otherwise *somebody* will just have to push a PR into backpack :D
solana foundation is [understandably] focusing a lot on the regulatory aspects of the new token extensions release (token22)
the much more interesting part is that token metadata just became wide-open
you can finally compete with NFT standards who had a structural monopoly
Announcing the LibrePlex Fair Launch Update!
Introduces 2 new features to the Fair Launch program:
1. Token2022 Support - you can now mint SPL20s using the Token2022 standard. This is the fee-free and permissive NFT standard made by @solanalabs. This will reduce the cost of inscribing SPL20s.
2. Creator Fees - SPL20 ticker deployers can now opt to add a small fee to their mints. Each SPL20 inscribed will provide a small earning to the creator which can be used for liquidity pool provisions and other project building utilities.
@SolPlay_jonas Yes!! The mission includes on-chain attributes - that’s effectively a bunch of key value pairs and this would indeed work well as an extension
**ANNOUNCEMENT**
*Token-2022 COMPATIBLE FAIR LAUNCH AND THE NEXT STEPS FOR LIBREPLEX*
Given that Solana token-2022 (aka Token Extensions) audits are now complete and token-2022 supports native metadata, the best way for LibrePlex to support fee-free and permissive-license metadata protocols is to give our full support to token-2022 from @solanalabs.
One of the very cool things about token-2022 is that it's built entirely around interfaces - that means no more vendor lock-in when creating metadata. It really opens up the playing field for everybody. Token-2022 is also licensed under Apache 2.0 which makes us at LibrePlex very happy.
Token-2022 functionality overview
NOW
audited and deployed
Basic NFT / SPL Metadata (name, symbol, json url)
SOON
already built but not audited
Collections
THE FUTURE
still needs to be built
Royalty enforcement, on-chain attributes, digital asset licensing, dynamic rendering etc etc
Going forward, LibrePlex will focus on building / assisting to build any metadata extensions within the Token-2022 framework and on raising awareness of the possibilities of the new token standard.
Token-2022 Fair Launch
To coincide with this announcement, we have today released a version of the FairLaunch contract that produces Token-2022 metadata. When creating new fair launches, you will now be able to choose Token-2022 mints. For legacy / backwards compatibility, we will of course continue to support Metaplex NFTs as well.
Inscriptions and SPL-20
To be clear, LibrePlex Inscriptions are already fully compatible with both Token-2022 and Metaplex. The new Fair Launch is FULLY COMPATIBLE WITH SPL-20 style launches. We are therefore well placed to tackle the next, exciting phase in Solana metadata. The importance of Token-2022 cannot be overstated: it is an inevitable and crucial step towards vendor-independence, decentralisation and community ownership in Solana. We believe it will be enormously beneficial to NFT, DeFi and Developer communities alike.
@FluxBeamDEX now has support for native token-2022 metadata as well:
(A test mint generated earlier with LibrePlex fair launch)
https://t.co/dKSl6qTpIa
LibrePlex scanner now fully supports Token-2022 metadata standard (Solana native, open-license and free).
Metaplex support will of course continue for backwards compatibility.
https://t.co/gTSEcvEWdI