It's been 3 weeks since we launched, ideas have been flowing, sharing every thought with @MalleableGold. Getting more and more excited every day, excited for Malleable Metal's growth but even more for this ecosystem. If what we have in mind comes to life, this is going to be huge...
What is luck?
Some people are way luckier than others.
Some are also consistently lucky their entire lives (I consider myself in this category)
What’s up with that?
What’s luck?
📍 Our commitment to @MalleableGold:
We're here to test, build, and showcase what Malleable Gold can do.
Full ecosystem integration is our goal. We want to be the proof of concept that inspires other projects.
The value is clear. The potential is huge. Our dedication is total.
update
Our ETF infrstructure is our flagship product and we expect this to flow billions through @MalleableGold
Why?
Because it is the most optimised ETF infrastructure ever built
Everyone else who tried this made the same mistakes:
- The cost to arb was too high, we are keeping it as low as possible, total 0.08% on our side, and we are revenue sharing the mint/redeem fees
- there was no arb function on anyone else, and this for us is one of the MAIN THINGS that keeps underlying NAV pegged to the ETF
With the way we've set this up, our ETF will be tightly pegged to underlying NAV by 0.2% or less
We're playing the long game with this, instead of trying to extract the most on fees, its actually better to create the best product possible for the long term
We are going directly head to head with tradfi, except this product is genuinely superior to anything out there
mostly because we are thinking about the best product as opposed to max extraction
thats how i'm building for the long term, this will be around in 20 years, not just the next 6 months. I will gladly shave off personal monetary gains for this.
We're also building on a chain that can handle what we want. Solana is fast enough to arb trades to happen, it has the liquidity and it has the most volume of any chain. We need this.
We're also opening up the tech so anyone can make an ETF themselves, with any combination of coins and ratios.
Funds may prefer different ratios than what we have, so they are free to make these as they wish.
Anyone can make one to how they think is best
This product opens up superior yield to SPL tokens that do not have lending yield, and only have yield on LP's
Because we revenue share in proportion to your LP size, yield generated will ALWAYS be more superior to anywhere else, you own the protocol, and you may ONLY get yield on your SPL token through this
This will be a massive step forward in putting your assets to work, and they won't have any risks that lending has. No liquidation risk, no risk of getting wiped out.
You are always liquid, you get paid in the underlying assets, there are no emissions, there are no scammy incentives, its pure yield through market volatility
and the market has never seen anything like this
Real EFT's are now on @solana, fully backed and collaterized, with full transparency of being 100% on chain
Getting very close to public testing, we will be going live soon
and when we do...
Watch this drive 🏌️♂️
update
Our ETF infrstructure is our flagship product and we expect this to flow billions through @MalleableGold
Why?
Because it is the most optimised ETF infrastructure ever built
Everyone else who tried this made the same mistakes:
- The cost to arb was too high, we are keeping it as low as possible, total 0.08% on our side, and we are revenue sharing the mint/redeem fees
- there was no arb function on anyone else, and this for us is one of the MAIN THINGS that keeps underlying NAV pegged to the ETF
With the way we've set this up, our ETF will be tightly pegged to underlying NAV by 0.2% or less
We're playing the long game with this, instead of trying to extract the most on fees, its actually better to create the best product possible for the long term
We are going directly head to head with tradfi, except this product is genuinely superior to anything out there
mostly because we are thinking about the best product as opposed to max extraction
thats how i'm building for the long term, this will be around in 20 years, not just the next 6 months. I will gladly shave off personal monetary gains for this.
We're also building on a chain that can handle what we want. Solana is fast enough to arb trades to happen, it has the liquidity and it has the most volume of any chain. We need this.
We're also opening up the tech so anyone can make an ETF themselves, with any combination of coins and ratios.
Funds may prefer different ratios than what we have, so they are free to make these as they wish.
Anyone can make one to how they think is best
This product opens up superior yield to SPL tokens that do not have lending yield, and only have yield on LP's
Because we revenue share in proportion to your LP size, yield generated will ALWAYS be more superior to anywhere else, you own the protocol, and you may ONLY get yield on your SPL token through this
This will be a massive step forward in putting your assets to work, and they won't have any risks that lending has. No liquidation risk, no risk of getting wiped out.
You are always liquid, you get paid in the underlying assets, there are no emissions, there are no scammy incentives, its pure yield through market volatility
and the market has never seen anything like this
Real EFT's are now on @solana, fully backed and collaterized, with full transparency of being 100% on chain
Getting very close to public testing, we will be going live soon
and when we do...
Watch this drive 🏌️♂️
While waiting for $GSP ETF, you can already get exposed.
Just hold $GOLD $SILVER $PLATINUM. When $GSP launches, demand hits all three. You're already inside the basket.
Malleable GOLD : 3J4XmrqWbiwCro4psrQdwCmoxnwC7BgQevPwoUF3BAGS
Malleable SILVER : 6fQP9XPQLtNQ2QYbdkGMFHpWPAVkXLcAei4YkHP5BAGS
Malleable PLATINUM : HyCN9ZKntYv2ETvYWgqo9arR7SqQ9eZCMDAh1kKjBAGS
We have a vision. Share this if you believe in $GSP.
The first on-chain Precious Metals ETF.
50% $GOLD
25% $SILVER
25% $PLATINUM
Only @MalleableGold decides our fate.
We build. We wait. We trust the protocol 🧪
it's year of the fire horse
I'm a horse so it's going to be MY FUCKING YEAR
plan is to just hold spot into the blow off top and sell as close to the top as possible
run @MalleableGold into an 8 figure business
Saw a tradfi ETF paying out $0.31 per share
@MalleableGold will pay out in $BTC, $ETH and $SOL
All on-chain, driven by market volatility, with none of the lending risks
There will be no second best (thats the vision)
@wallstreetbets $BES by @MalleableGold = on-chain ETF (BTC/ETH/SOL). Fully collateralized.
Mint/redeem arb fees + LP pool fees + protocol revenue share = yield stacked from multiple sources, all fueled by volatility.
No lending. No liquidation risk. You always hold the underlying 🔥
This is next level, but the best part is I don't even know how to define what @MalleableGold & @PARABOLIT are actually doing with $BES (BTC/ETH/SOL on-chain ETF) ... 🔥
@Cointelegraph Staking rewards from TradFi ETFs hitting on-chain, big step for adoption! If you want to see what a fully native on-chain ETF looks like, check what
@MalleableGold is building with $BES (BTC/ETH/SOL), novel yield model powered by market volatility.
Worth a look ...
@Crypto_TownHall Staking rewards from TradFi ETFs hitting on-chain, big step for adoption!
If you want to see what a fully native on-chain ETF looks like, check what @MalleableGold is building with $BES (BTC/ETH/SOL), novel yield model powered by market volatility.
Worth a look ...