We just got our first like from toly the man the myth the legend toly.
This is just the start.
Solana is a SuperToken. Created by the co-founder of Solana Raj Gokal and Toly.
CA: 3m6DRJAtVF47nH8hdUn4jfaxcPNXrtStFhENgJByMqGn
Sgp-3 burn based on requested CUs is basically the same thing as we had a year ago, with 50% of the priority fees burned. Priority is priced per requested CU. If there were no side channel attacks, and 12 different teams weren’t building alternative tpu ports, it’s a super easy way to align incentives.
It’s sgp-3 is just a static price per requested CU instead of a dynamic. The starting value is well below the 50% burn we had a year ago. It’s pretty close to the current signature base fee. A lot of complains are about an end state that I think is unrealistic.
There is no way the validators will approve a static price that is more than the 50% burn of whatever the priority fees are because that will just take way too much off validator revenues.
It doesn’t matter what users think. It’s how the scheduler packs defines its response to priority increases.
All that matters is if I submit 1 lamport more than the cheapest tx at the threshold that I get into a block reliably. This can fail with half full blocks and can work great with full blocks.
Toly and Raj didn’t just mention SuperToken, they named it.
Raj argued the name should be SuperToken: catchy, ownable, unique, powerful, and built to meme.
It was the founders word for what Solana represents as a token. @solana is the SuperToken.
Thousands of different tokens, applications and protocols can operate on Solana
@rajgokal is already holding 15% of the supply.
CA: 3m6DRJAtVF47nH8hdUn4jfaxcPNXrtStFhENgJByMqGn
TG: https://t.co/8k9ghvSgT6
X: https://t.co/BGECQ4pz0Q
Dear @elonmusk, @X, and whichever brave intern has our Gold Tick application open on tab #47… 👽🫡
MartiansOfMars has officially applied.
We crossed 140 MILLION miles to get here. We survived cosmic radiation. We survived the algorithm. We even filled out the paperwork. 😭
Organization: MartiansOfMars ✅
Website: https://t.co/XvJhCiMqLu ✅
Premium: ✅
Memes: INTERPLANETARY ✅
Gold Tick: ⏳👀
At this point, denying Martians a Gold Tick would basically be discrimination based on planet of origin. 😂
Elon, you want humanity on Mars. We’re already there.
@X intern…if you’re reading this, accidentally press APPROVE. We promise not to tell your manager. 👽🤝😂
GOLD TICK JUSTICE FOR MARS. 🟨✅🚀
Toly and Raj didn’t just mention SuperToken, they named it.
Raj argued the name should be SuperToken: catchy, ownable, unique, powerful, and built to meme.
It was the founders word for what Solana represents as a token. @solana is the SuperToken.
Thousands of different tokens, applications and protocols can operate on Solana
@rajgokal is already holding 15% of the supply.
CA: 3m6DRJAtVF47nH8hdUn4jfaxcPNXrtStFhENgJByMqGn
TG: https://t.co/8k9ghvSgT6
X: https://t.co/BGECQ4pz0Q