@PeterSchiff@CryptoBroNYC bro. what? stables are the necessary note for this market. what matters is the infra, the networks they facilitate, and where/how the people/users in the market keep what they bought
@beast1234777@weremeow@JonandbuddyNFT sounds right. but jup has probably the best product network because of its users / holders. what holders (and the market) would appreciate after some semblance of a floor is a hedge. the network is there to make a hedge product work. first to solve that wins
@QwQiao old ppl intuitively know what old ppl want, which in turn is predictive of what the rest of the population will have.
they know how hard it is to make something simple, have ptsd, so they are consciously willing to risk basic stuff
both advantages outweigh being over experienced
@MikeTheGambler_ asr great as a bonus. stake should be base minimum for eligibility. buybacks can be added to that pool. the products should facilitate the return to holders, not spent on more jup groups
@genzcash@mert security will push chains toward privacy. security is as difficult to talk about as privacy in crypto, avoidance of solving both issues atm line pockets
Validators can sandwich users for extra profit. SOL community has mostly limited their scope via stake reduction
Now, the 15 top sandwhichers get 98% of their stake from Marinade (2% from Jito)
Where you stake matters. Reward people helping Solana succeed
Metaplex is the main infrastructure on Solana.
> Memecoin season? $MPLX profits off every token mint on Solana.
> NFT season? $MPLX profits off every NFT mint.
> Gaming, DePIN? They're using NFTs too.
The main layer for the next meta will always be @metaplex.
Ghuma, the Huma staking proposal is nearly finalized, and we’d love your input on one remaining item.
First, thank you for all the thoughtful feedback you’ve shared across various channels. Here’s a quick summary of what we’ve heard regarding staking rewards:
1. Staking with no countdown provides limited value to the protocol
2. A 30-day countdown to unstake feels too long — 14 days is preferred
3. Love the LP reward boost, but many also would like to see a higher Feather multiplier for just staking
Based on this, the updated plan is to offer a 5x Feather multiplier for staking with a 14-day unstaking countdown instead of the previously planned 3x and 30-day countdown.
Now the final question is, how to handle users who have already staked. By default, they are getting 1x multiplier tier with no unstaking countdown, which leads to much lower rewards and possible frustration if they miss the announcements.
Two options to consider:
Option 1: Keep current stakers at 1x multiplier with no unstaking countdown, and provide an option to opt into the 5x multiplier with 14-day countdown. Some will inevitably miss the announcement to stay with 1x multiple and 0-day countdown.
Option 2: Move all stakers to the 5x multiplier with 14-day countdown. Simpler treatment for everyone, assuming the vast majority wants the 5x multiplier, however, it removes the no countdown option.
Which option do you think we should adopt?
Since our launch in late December 2024, we’ve come a long way. What began as an ambition to let liquidity providers hedge or leverage their positions has evolved into a full suite of tools—PNL calculators, live PNL tracking, and robust risk management for liquidity provision. None of this existed before. We’re here to push boundaries and revolutionize the experience!
Without a strong community, we wouldn’t be here today. Just two weeks after launch, we became a profitable business—and a few months in, we surpassed $1M in revenue! Today, DefiTuna is home to some of the brightest liquidity providers on-chain, attracting everyone from Solana-native whales to Fartcoin Degens. Many of you don’t use DefiTuna for the promise of an airdrop—we’ve never done that—you’re here for the product.
And so, Chapter 2 begins in July.
First things first—we want to get even closer to you, our users. We’re doing a TGE in July, and yes, the airdrop list has already been finalized. You may remember the stealth snapshot of both Lenders and Liquidity Providers. In the coming days, you’ll be able to check your eligibility—keep an eye out!
All of DefiTuna’s protocol revenue will be converted into $SOL and distributed to those staking the $TUNA token. We envision DefiTuna being net long on the Solana ecosystem—and all revenue will reflect that, paid out in $SOL.
How will the team sustain itself? at TGE DefiTuna will maintain 50% of the tokens and will stake it to participate in the revenue distribution just like everyone else ! Absolutely ALL revenue will be shared through the pool with no exceptions.
What’s next for DefiTuna? We’ve built the next-generation AMM on Solana—developed entirely in-house by our brilliant team. It’s the most powerful venue to trade tokens on Solana, and we’ve named it Fusion AMM—because this tech deserves its own identity.
Key features:
-On-chain limit orders
-Leverage
-8–12% more profitability for LPs
…and more!
Fusion AMM will be available in July (around the third week or earlier), following a thorough audit. All revenue from Fusion AMM will also directly benefit $TUNA holders.
$TUNA is your best way to gain exposure to the future of Solana DeFi. With all of that said , keep an eye out as announcements will be piling on as TGE is just around the corner!
We also want to give a very special thanks to Orca and their team, @SOLBigBrain , @luciddrakes , @sec3dev and everyone who supported us on our seed round!
web4: Jupiter & Jupiverse
we are pushing the core ideas of web4 really hard because these illuminates the key directions that Jupiter will be taking in the coming months and years.
firstly, it will be a world of million chains, billion people on chain and a trillion tokens - and our objective is for Jupiter to be the transactional hub and entry point to this, and that’s why
secondly, we would like to help advance the state of crypto from financial nihilism to pragmatic idealism, moving from mainly creating speculative assets to also creating monies that advance any given social cause, whether it’s brand building, unifying a community or pushing a movement.
thirdly, I think that driving adoption of web4 is a great mission for the Jupiverse -
with Jupiter products and platforms in the middle of it and JUP as the core alignment and social currency for the whole community.
we are super super early in the web4 game - and cannot be more excited to drive it alongside everyone!
🐱🐱
$HUMA’s first utility just went live and the token pumped. 🚀🟣
But here’s the thing…
There’s way more to come. 👀
If you’re holding $HUMA or thinking about it, read this 🧵 to see why the best might still be ahead👇