There is a misunderstanding as it relates to 51% of SAMO sitting in the top 10 wallets.
- 4 of those 10 wallets belong to OKX, Kraken, https://t.co/RyimNXgy5u and Tulip Protocol.
- 2 of those wallets (1B SAMO total) aren't real - check out the address. They were part of a "burn" where funds were sent to a non-existent addresses. They can never be accessed.
- FTX holdings = Alameda. Like a majority of SPLs who launched in 2021 and 2022, we used Alameda for MM. We too are waiting for claims to be processed and funds returned (which is part of the legal contract we signed).
If you account for the above and recalculate the top 10 holders, this 51% number plunges to 20%.
If you strip out the SAMO marketing fund, the figure then drops to 12%.
More information here:
https://t.co/N9pfsvPZwL
A new race emerges - the horned Kaionians of Kaio!
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🔥Can’t wait to try the @venompad first launchpad on Venom. Meanwhile participate in #VenomTestnet to explore the @venomfoundation ecosystem.
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1/ Iron Fish mainnet is live today, April 20th (4/20)!
#IronFish is a new PoW L1. Our goal is to make web3 safe—enabling financial privacy while deterring bad actors.
*Every* transaction on Iron Fish is fully encrypted with ZKPs for validation.
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It's official. The Lamina1 NFT Playground site is now live at: https://t.co/c5oOWiw3Wc
Join us Monday, 03/27 at 2:00pm UTC for a live community testing blitz. The more NFT transactions we can get going simultaneously, the better.