$OTC is now live.
CA: Fa24xN13pzjmcx1dtKP9nBMMFCwLtXCJrtP5hSPKpump
buy and sell large memecoin bags directly between wallets, without moving the chart.
create public bids and asks, make private offers on any wallet's holdings, and agree on a price without trading through a liquidity pool.
everything runs through Solana's native token delegation system, so your funds stay in your wallet until a trade is executed.
trade bags over the counter.
https://t.co/WgWKIVBsIv
Introducing https://t.co/WgWKIVBsIv
there's a problem with trading large memecoin bags that nobody really talks about.
if someone wants to sell a $100,000 position, that entire sell usually goes through a liquidity pool, pushing the price down and affecting everyone else holding the token.
and if someone wants to accumulate that same amount, their buys can push the price higher before they've even finished entering.
what if buyers and sellers could simply agree on a price and trade the entire bag directly?
that's what OTC is built for.
an over-the-counter trading desk for Solana, allowing anyone to buy and sell memecoin bags directly between wallets without affecting the chart.
how it works:
→ connect your wallet and create a bid or ask for any Solana token, choosing the amount and price you're willing to trade.
→ browse offers from other traders, accept partial fills, or negotiate privately with a specific wallet.
→ use the Bags page to find holders of any token and make an offer directly on their positions.
→ when an offer is accepted, the tokens and SOL change hands directly between both wallets in a single atomic transaction.
everything works through Solana's native token delegation system.
instead of depositing your funds into escrow or trusting a third party to hold them, you authorize a delegate to transfer a specific amount of tokens from your wallet.
this is a built-in feature of Solana's token standard, allowing another address to transfer an approved amount without taking ownership of your entire balance.
if you're selling, your tokens remain in your wallet. if you're buying, your SOL is wrapped into wSOL and remains in your own account.
OTC verifies your balance and delegated allowance onchain before making your offer available.
when someone accepts, the desk constructs and co-signs a transaction containing both sides of the trade.
the buyer's payment goes directly to the seller, and the seller's tokens go directly to the buyer.
both transfers happen atomically, meaning either the entire trade succeeds or neither side moves.
you can set expiration times, cancel offers, allow partial fills, and make private bids on bags held by specific wallets.
for holders, this means being able to sell large positions at an agreed price without creating a massive red candle.
for buyers, it means accumulating entire bags without pushing the market price higher with every purchase.
https://t.co/WgWKIVBsIv
here's a 2-minute video showing the entire process of me buying $OTC over the counter using https://t.co/WgWKIVBsIv.
from creating an offer and approving the token delegation to executing the trade directly between two wallets.
the entire settlement happens in a single atomic transaction, meaning the buyer's SOL and seller's tokens are exchanged simultaneously.
either both transfers succeed, or neither happens.
no liquidity pools, no escrow, and no need to send your bags to a third party.
everything is verifiable onchain.
This space needs a cleaner. Something that changes the mindset from chasing pumps and quick profits to simply waiting and holding.
That's what $WAIT is trying to bring.
@wewaitfamily This should be at millions, made everything back even as everyone sold, if they sell they make nothing and you make what they would've made in rewards.
I have spent the last few weeks building a 24-player Battle Royale where every single kill can make you REAL money.
I wanted to take the concept of games like Fortnite and PUBG, but instead of playing for absolutely nothing, have actual money at stake every time you enter a lobby.
Today, I am introducing TRENCH.
How does it work?
Every player pays $1 USDT to enter a 24-player lobby.
- $0.80 goes into your personal bag.
- $0.10 goes towards the winner's prize pool.
- $0.10 goes to the house.
You drop out of a plane, land somewhere on the map, find weapons and start fighting other players.
Here's where it gets interesting.
When you kill another player, they drop their bag of money and you can pick it up.
So if somebody has already killed 4 players and you manage to kill them, you can take their entire accumulated bag with ONE elimination.
As the zone closes, everyone is forced into fights until only one player remains.
That player walks away with everything they've collected, any remaining bags and the winner's prize pool.
The idea is pretty simple.
I wanted to build a Battle Royale where being good at the game could actually earn you money, and where every decision to take a fight comes with the risk of losing everything you've collected.
I really believe what I have built will do well, its the best competitive gaming experience on solana right now.
https://t.co/ind8Bdfo8t