OneHanded

[OneHanded @Playing1Handed]

@DeFi_Dad @edge_pod @JupiterExchange Every box except a token that accrues value from the product…. 😅

[OneHanded @Playing1Handed]

@eeelistar Reminds me of this:

[OneHanded @Playing1Handed]

@RuneCrypto_ @ZssBecker This! Crypto tokens are not equity. Too often there is no real link between the performance of the underlying business and the token.

[OneHanded @Playing1Handed]

@gnarleyjs You don’t think the multiple CME gaps below current price will get closed before we really go up?

[OneHanded @Playing1Handed]

@SoJustFollowMe Stratosphere

[OneHanded @Playing1Handed]

@Ant7ny @jussy_world Same could’ve said for peaking last October. Same timeframe as the last two cycles… but “this time is different”, “supercycle”, “institutions”, etc.

[OneHanded @Playing1Handed]

@Leoaraiz_BTW @JupiterExchange @kashdhanda @weremeow @sssionggg How is your step 1 any different to original jupuary plans?

[OneHanded @Playing1Handed]

@awaabuon_fidel @TommyEgan357 Ahh, no… the tokens for jupuary were part of the initial token supply. They were not bought off the market using fees from users.

[OneHanded @Playing1Handed]

@Leoaraiz_BTW @TommyEgan357 By that logic, the user’s share is 350M including their bonus pool.

[OneHanded @Playing1Handed]

@elliotrades @weremeow @JupiterExchange @MeteoraAG Need captions to understand the guy. 😅

[OneHanded @Playing1Handed]

@sol_nxxn Siong doesn’t want to use the buy back funds for revenue sharing though. He wants to replace buy backs with more spend on product growth.

This does nothing for the token since there is no tie between product performance and the token.

[OneHanded @Playing1Handed]

If there is nothing tying the performance of the product to the token, then product growth only helps the team generate more revenue, it doesn’t help the token at all.

Pls stop ignoring any ideas that don’t align 100% with your personal vision and start listening to community!

[OneHanded @Playing1Handed]

Gobsmacked at the dismissive attitude of @sssionggg towards long term supporters of @JupiterExchange.

He wants to remove buybacks but not replace it with anything that benefits token holders.

[⚔️ SIONG @sssionggg]

what do you all think if we stop the JUP buyback?

we spent more than 70m on buyback last year and the price obviously didn’t move much.

we can use the 70m to give out for growth incentives for existing and new users.

should we do it?

[OneHanded @Playing1Handed]

@sssionggg If you take away buy backs, what ties product growth back to token value?

If there is no token value accrual, the only people who benefit from product growth is the team, leaving JUP holders and stakers out to dry.

[OneHanded @Playing1Handed]

@anglio @sssionggg has such bad takes.

Wants to remove the only thing that sort of ties product success to token value accrual. Without buybacks, or other method to tie JUP to the product (revshare, etc) then Siong can grow the product as much as he wants but it will never benefit JUP.

[OneHanded @Playing1Handed]

@sssionggg You are wanting to take away something that currently benefits JUP token stakers & holders, and replace it with something that only benefits the team.
With no rev share, how does increasing rate of growth benefit stakers and holders?

[OneHanded @Playing1Handed]

@marinonchain @JupiterExchange When you need a whole page to try to explain the reason something exists….. probably not needed.

[OneHanded @Playing1Handed]

@phtevenstrong Nice to see solana get a mention with $Prime. Would love to hear your take on @humafinance. 9% base apy on $Pst, plus another 4-5% in their $huma token.

[OneHanded @Playing1Handed]

@jussy_world Weird that sol protocol would put all their liquidity on bsc.

[OneHanded @Playing1Handed]

@SenseiSOL @kashdhanda @JupiterExchange @coinbase $Jup is just a governance token, and not even that at the moment. And even when voting was happening, a few whales could swing the decision.

Where do you see value accrual to $Jup coming from with coin base using Metis api? I don’t think even Jupiter themselves get any fees.