PeléCrypto

Finding beauty in flowers and inefficiencies in markets.
Retired Football Player (Lost all money with massage parlor)

[PeléCrypto @PelGOD1]

NFW just teased a new way to launch tokens.

GachaPad.

They haven't shared many details yet, but the first launch is coming soon.

Considering what NFW has been building around pools, pulls and gachas, curious to see how this one works.

@nfwdoftun https://t.co/EkoO0cP0wc

[nfw.fun @nfwdotfun]

a new way to launch tokens.

GachaPad.

first launch soon.

[PeléCrypto @PelGOD1]

Genesis is ending today at 5 PM UTC.

After the freeze, rNFW can no longer be sold through the curve. It becomes the day-one liquidity pair for $NFW.

The current conversion is 1 rNFW = 3.61 $NFW, and the committed SOL in the curve is currently around 1,909 SOL.

Next step is the public sale, with part of the raise going directly into the liquidity pool.

@nfwdotfun https://t.co/wbX03wp7AH

[PeléCrypto @PelGOD1]

Genesis is ending today at 5 PM UTC.

After the freeze, rNFW can no longer be sold through the curve. It becomes the day-one liquidity pair for $NFW.

The current conversion is 1 rNFW = 3.61 $NFW, and the committed SOL in the curve is currently around 1,909 SOL.

Next step is the public sale, with part of the raise going directly into the liquidity pool.

@nfwdotfun https://t.co/wbX03wp7AH

[nfw.fun @nfwdotfun]

genesis ends august 24, 5pm utc.

once it ends, the curve sell function freezes - its SOL becomes the day-one liquidity pair.

until then:

hold → 3.61 $NFW per rNFW at TGE. (3.61x)
sell → SOL at the curve floor, and you forfeit the airdrop.

why the freeze: 2,285 SOL sits in the curve right now, ~$217k - and at TGE it becomes $NFW's day-one liquidity pair.

what's next: the freeze completes genesis. then the public sale opens - a significant share of the raise goes straight into the liquidity pool, so the market gets deeper before TGE. full sale terms published before the sale opens.

then TGE.

[PeléCrypto @PelGOD1]

NFW TGE is coming on August 24th.

Until then, Season 1 continues. Pulls earn rNFW, and holding rNFW gives you a share of the $NFW airdrop.

So there's still time to participate before TGE and build your airdrop position.

@nfwdoftun https://t.co/9dKgOog9Ii

[PeléCrypto @PelGOD1]

NFW TGE is coming on August 24th.

Until then, Season 1 continues. Pulls earn rNFW, and holding rNFW gives you a share of the $NFW airdrop.

So there's still time to participate before TGE and build your airdrop position.

@nfwdoftun https://t.co/9dKgOog9Ii

[PeléCrypto @PelGOD1]

NFW just added a new way to pull.

Packs are now live, with gachas from OpenGacha being reviewed and listed on NFW.

Y00ts and MEW packs are already there, and the Zard pack just landed.

Each pack has its own pool and pull history, so you can see exactly what you're getting into before pulling.

More packs are already in review.

@nfwdotfun https://t.co/wbX03wp7AH

[PeléCrypto @PelGOD1]

NFW just added a new way to pull.

Packs are now live, with gachas from OpenGacha being reviewed and listed on NFW.

Y00ts and MEW packs are already there, and the Zard pack just landed.

Each pack has its own pool and pull history, so you can see exactly what you're getting into before pulling.

More packs are already in review.

@nfwdotfun https://t.co/wbX03wp7AH

[PeléCrypto @PelGOD1]

Been looking through the rNFW page and there's quite a bit going on here.

rNFW is currently showing a $0.0206 price with a $20.56M market cap.

The interesting part is the 1B $NFU Genesis airdrop, which is split pro rata among rNFW holders.

rNFW also can't be bought directly. It's earned through playing on NFW, and holders can sell it or burn it for a payout.

@nfwdoftun https://t.co/wbX03wp7AH

[PeléCrypto @PelGOD1]

Another thing I noticed while looking into NFW:

There isn't one fixed price for a pull.

The price is calculated from the expected value of everything currently in the pool +10%, so it changes as the pool changes.

The exact price is shown before you pull.

And apparently that dinosaur has 500 SOL backing behind it...

@nfwdotfun https://t.co/wbX03wp7AH

[PeléCrypto @PelGOD1]

NFW's Pull Party is actually a pretty fun twist on the pool system.

Everyone puts SOL into the same pot, the round pulls up to 24 NFTs or TCG cards, and everything gets automatically sold.

The interesting part is how the payout works: you get RNFW based on your share of the pot, with the RNFW amount increasing depending on the round's result.

Basically, everyone pulls together and shares the outcome.

@nfwdotfun https://t.co/wbX03wpFqf

[PeléCrypto @PelGOD1]

Been checking NFW again and the more I look at the pools, the more the mechanics start to make sense.

You can deposit collectibles into a pool, earn fees from pulls, or actually use the pools yourself and see what you get.

With the new Pull Party added on top of that, there's now another way to interact with the pools instead of just pulling individually.

@nfwdoftun https://t.co/wbX03wp7AH

[PeléCrypto @PelGOD1]

NFW just added a new pool and they're doing something a little different with it.

The new Pull Party lets everyone pull together every 5 minutes. Up to 24 cards can be pulled at once, with each card automatically sold for SOL and the payout split between the participants.

There's also a jackpot that keeps growing with every round.

Currently sitting at 2 SOL.

@nfwdotfun https://t.co/wbX03wp7AH

[nfw.fun @nfwdotfun]

the party has a jackpot now

every round feeds it. it keeps growing until someone hits it - and any round could be the one.

currently sitting at 2 sol. every 5 minutes is a shot.

come party

[PeléCrypto @PelGOD1]

Spent some more time looking through NFW and the deposit side makes a lot more sense now.

You can put a collectible into a pool, and instead of just sitting there, it can earn fees whenever someone pulls from that pool.

So there’s actually a reason for people to supply the collectibles in the first place.

The whole pool system is pretty simple once you see how the pieces connect.

@nfwdoftun https://t.co/wbX03wp7AH

[PeléCrypto @PelGOD1]

Been looking into BullPad again and noticed something I hadn't really paid attention to before.

Projects can launch for free and choose $ANSEM or SOL as the quote token.

If they use $ANSEM, the trading activity happens around the same asset instead of creating a completely separate market.

Pretty simple idea, but it changes how launches can connect back to the ecosystem.

@BullPadOfficial

[PeléCrypto @PelGOD1]

BullPad is built around a simple idea: launches should bring activity into the ecosystem instead of operating in isolation.

Projects get access to an existing launch infrastructure, while the activity generated by those launches contributes back to the wider $ANSEM ecosystem.

It creates a connection between builders, traders and holders that isn't usually part of the launch itself.

@BullPadOfficial

[BULLPAD @BullPadOfficial]

Daily reminder it is free to launch $Ansem memecoins on https://t.co/ZovCJ7kAIf!

What is an $Ansem memecoin?

Essentially a token launched paired with $Ansem instead of #Solana so you get exposure to Ansem and the new mem at the same time while contributing to the Ansem Ecosystem!

[PeléCrypto @PelGOD1]

BullPad is basically making the token launch process much more accessible.

Instead of building the infrastructure yourself, projects can launch directly through the platform and start trading within the BullPad ecosystem.

The infrastructure is already there. Projects just need to build.

@BullPadOfficial

[PeléCrypto @PelGOD1]

BullPad connects new token launches with the wider $ANSEM ecosystem.

Projects can launch on the platform, generating trading activity and platform fees.

35% of the revenue goes toward $ANSEM buybacks and holder airdrops, while creators can also earn through the Creator Rewards program.

@BullPadOfficial

[PeléCrypto @PelGOD1]

Was looking through BullPad and noticed the Creator Rewards section.

4.8+ SOL in fees claimed by creators so far, with 4.57 SOL going to a single creator.

Definitely an interesting incentive for people contributing content and attention to the ecosystem.

@BullPadOfficial

[MoonPay 🟣 @moonpay]

PayBoxing 20 people who reply to this post

[PeléCrypto @PelGOD1]

@robinetchapp https://t.co/7SmoBZ0vTH