We’re nearly approaching 5 years since Taiyo was minted on Solana with the official derug happening in December 2021.
What a journey, 5 years of persistence and never giving up.
The best is yet to come.
Cheers 🥂
Taiyo $GP staking has been live for over 900 days.
Constant rewards on a protocol that doesn’t give up and is making bigger moves.
Based on current calculations there’s still 2 years left on emissions.
Also Taiyo chat is still active and remains one of the most loyal/funny chats in all of crypto.
Come join us. 🤖
Buy backs for $GP has resumed.
There is now $300,000 in USD1 for backdated buy backs which will be deployed retroactively in a defensive capacity to help protect the token from further large sell pressure.
All new revenue will now be placed into a DCA via Jup that executes every 3 days.
From the last 3 days of revenue alone, we have already deployed $21,000 in USD1 into buybacks starting today.
All tokens acquired via revenue buy backs will be burnt as normal.
.@GraphiteProto’s account is shadow banned while we wait for X support to respond this will be the official $GP account.
Yesterday we placed a $500,000 DCA into $GP securing a $12.5k/day buy back and burn whilst revenue is down.
We’ll continue using the Graphite treasury to support our ecosystem as we continue to ship updates.
Now we’re in a position to lobby change here’s some thoughts we have on NFTs
1. Why have wallets ui changed to basically bury NFTs? Used to have its own tab now it is a sub tab, I know we’re the ugly duckling of the cycle but damn!
2. Can we please make nfts searchable ( by name) in wallets, if you have 100’s of nfts and need to search for one specific it’s a major headache.
3. Can we please change royalties back to seller we have no way to stop hacks with buyer royalties.
These are the basics