Stake

[Stake @MarinatedStake]

@x402dotmeme ✅

[Stake @MarinatedStake]

@basedotmeme 0x160d2f11b2ABe19BaF3C55040d3fD039FFB5Bf5A

[Stake @MarinatedStake]

@Noahhweb3

[Phantom @phantom]

"NFT projects will never go mainstream!"

Oh, no?

🐧 $400M+ in digital collectible sales
🐧 900K+ Instagram followers
🐧 Toys in 2000 Walmart stores

These are a few accomplishments of @pudgypenguins—the NFT project accelerating web3 adoption through IP, content, and community.

What is Pudgy Penguins?
Pudgy Penguins is a collection of 8,888 penguin NFTs on the Ethereum blockchain. It was founded by a group of college students in July 2021, and later sold to @LucaNetz for $2.5 million in April 2022. Its art features chubby “pengus” with a delightful mix of traits, such as headwear, clothing, and accessories.
Why is Pudgy Penguins popular?
🐧 Adorable IP
🧊 Cutesy content
🧸 Pudgy Toys
💪 Strong community

Let’s dive deeper 👇🤿💦

🐧 Adorable IP
Rather than opt for crecked-out felines or an intoxicated ape, Pudgy Penguins went with memorable, chubby penguins. And it’s paid off. The friendly, approachable branding has allowed it to reach non-web3 users, which leads us to our next two points…
🧊 Cutesy content
Pudgy Penguins’ adorable IP has fueled its content. On Twitter, you’ll find memes, GIFs, and animations. On Instagram, you’ll find pick-me-up posts, daily affirmations, cutesy couples content, and other positive messages.
Thanks to this relatable, shareable content, Pudgy Penguins has grown to:

📈 120K followers on X
📈 Nearly 1 million followers on IG 😳

🧸 Pudgy Toys
Outside of digital and social, the pengus are also in the physical world.

Where? Walmart, Five Below, Amazon, Hot Topic, Toys R Us, Smyths, and other retail locations that continue to snowball. At these retailers, you’ll find Pudgy Toys plushies and collectibles, which are linked to digital collectibles in Pudgy World, an open virtual world.
💪 Strong community
Club Pengu. Pengu Nation. The Huddle. Whatever you want to call it, it’s a kind, joyous, and STRONG community.

Don’t believe us?

Pick one up and see for yourself. You’ll immediately get flooded with a flurry of welcome messages. And GIFs. And memes. And maybe even invites to IRL meetups and yacht parties…

TLDR

Thanks to its adorable IP, cutesy content, and Pudgy Toys, @pudgypenguins has waddled its way into the mainstream.

Now, the question is…

Who’s next?? 👀

[RYAN SΞAN ADAMS - rsa.eth 🦄 @RyanSAdams]

I wish I was kidding.

They made that case yesterday in the court filing against Roman Storm the tornado cash developer.

[Whale Insider @WhaleInsider]

Top Solana memecoins to watch this week (by market cap):

1. $WIF ($4.3B)
2. $BOME ($1.1B)
3. $MEW ($454.2M)
4. $MYRO ($315M)
5. $SLERF ($265.9M)
6. $WEN ($260.6M)
7. $BALLZ ($38.4M)
8. $SMOLE ($34.4M)
9. $NAP ($16.5M)
10. #MOCHICAT ($15.9M)
11. $CHEDDA ($4.4M)
12. $EPEP ($3.4M)
Any others?👇

[Stake @MarinatedStake]

not even active on here fr and still getting hella air drops

[David Gokhshtein @davidgokhshtein]

No disrespect to any other hot wallet, but @phantom is without a doubt the best wallet in our industry.

[Phantom @phantom]

Bitcoin's not the only one that hit a new ATH 👻

[Stake @MarinatedStake]

Boy I fucking love solana

[Solana @solana]

🎉Happy Genesis Day 2024 to all who celebrate!🎉

276+ billion transactions.
1600+ validators.
254+ million blocks.

Thank you to all the builders around the globe who have made Solana what it is today — 4 years in, we're just getting started🫡

[Tushar Jain @tushar_jain]

Many people think Web3 gaming is about owning items in big open world games but that's skeuomorphic and backwards looking. Web3 native gaming is gambling on meme coins.

The reality is people don't care about owning some NFT in a game for any reason other than to make money. They don't care about moving items between games or uncensorability. They only care about making money. Meme coins skip the unnecessary steps.

The game is to guess the next popular meme. There is no sophisticated quantitative analysis to do and smart institutional investors don't have an edge. That's what makes it fun, you don't have to overthink it.

[Jupiter @JupiterExchange]

Thrilled to collaborate with @wormholecrypto, contributing to the infrastructure of their $W airdrop eligibility checker site on @solana through Jupiter LFG's Claimpad.

Check it out at https://t.co/cXtjbiKQZB!

[borovik @3orovik]

Some dude who held bitcoin for 14 years decided to sell today and nuke bitcoin

[Jupiter @JupiterExchange]

DAO x VOTE
Tomorrow, users can lock their JUP to vote in the DAO!

- We will begin with the genesis test vote for users to get familiar
- First LFG vote will then be held Thursday for the first 2 projects
- All votes will receive JUP and launchpad tokens as rewards

Read on for more details!

Scope of DAO 
The primary mandate of the DAO is to grow Jupiter, its ecosystem, and the decentralized meta. For the first year, the DAO will approve candidates for the LFG Launchpad, fund working group budgets, and distribute grants.

The DAO will gradually expand in scope, responsibilities, and mandate as it matures over time, and the supporting structures around the DAO (workgroups, community, tech platform) solidifies.

First DAO Vote
The DAO rollout begins with the launch of (vote).jup.ag and the first run test vote at 10 AM EST on Tuesday! 

This test vote will help users familiarize themselves with the voting process and determine the quorum for future proposals. The Genesis LFG vote will follow at 10 AM EST this Thursday, which will determine the first two launches on the Launchpad.

Voting Process
Holders will lock JUP to receive voting power but can start unlocking their locked JUP at any time. Unlocking takes 30 days to complete.

During the LFG vote, each wallet can only vote for 1 project. Holders should split wallets if they wish to vote for multiple choices. 

Voting Rewards
To encourage governance participation, 100 million $JUP will be allocated towards governance incentives tentatively for the first six months, with the exact amount of time to be determined based on how many holders are voting.

Additionally, 75% of launchpad fees will be distributed to voters as well. All rewards are expected to be distributed quarterly.

Proposal creation
Initially, proposals will be made by the CWG or the Team. Over time, this responsibility will expand to the DAO as it matures.

DAO funding 
The DAO needs capital to achieve its objectives, such as funding working groups and grants. The DAO will be allocated $10 million and 100 million JUP, earmarked for operational needs for the first two years.

This strong amount of capital will allow the DAO to be creative and strategic about initiatives and ideas it wishes to fund. Working groups will be responsible for facilitating the grant process and following up with teams after disbursement.

BIG WEEK AHEAD!

This is going to be a big week ahead, and in fact a big year.

There is gonna be a ton of stuff to figure out together, whether it is the LFG process, funding disbursement mechanisms, rewards distribution etc

Thank you to all the LFG candidates for being patient with this process, and our wonderful Catdets for participating in the discussions over the past few weeks.

If you have any questions, come to Discord!
https://t.co/kDbdFENv4U

[Stake @MarinatedStake]

it’s cringing how much they don’t know and just read skript

[DEGEN NEWS @DegenerateNews]

BREAKING: @CNBC GUEST SAYS THAT $SOL PRICE IS PUMPING BECAUSE OF TECH ADVANCEMENTS

[GUACamole 🥑 @guac_gg]

From a truly stealth fair launch to 18,000+ holders.

Cheers to what comes next 🥳

[Stake @MarinatedStake]

them hard earned trades really paid off 🙏

[Stake @MarinatedStake]

Lmaoooo

[Daily Loud @DailyLoud]

Streamer Jack Doherty punched one of the Island boys.