launch one: https://t.co/kQia76ptt9, pick Endowment.
one asset for the principal today, syrupUSDC. more as their redemption-rate feeds go live on chain.
every coin dies.
now you can launch one that keeps paying after it does.
Endowment, a new mode on Basket: fees buy a real credit book, the program locks it forever, holders are paid the interest every five minutes.
the first of its kind. live now on https://t.co/CdlMTkU00m
so the payout stops being a function of the hype.
chart flat, chat dead, everyone gone, and the coin is still paying, because the loans are still paying.
said plainly: this is credit risk, not a savings account. the book can lose money, and nobody can withdraw the principal.
every coin dies.
now you can launch one that keeps paying after it does.
Endowment, a new mode on Basket: fees buy a real credit book, the program locks it forever, holders are paid the interest every five minutes.
the first of its kind. not live yet, shipping soon.
every coin dies.
now you can launch one that keeps paying after it does.
Endowment, a new mode on Basket: fees buy a real credit book, the program locks it forever, holders are paid the interest every five minutes.
the first of its kind. not live yet, shipping soon.
so the payout stops being a function of the hype.
chart flat, chat dead, everyone gone, and the coin is still paying, because the loans are still paying.
said plainly: this is credit risk, not a savings account. the book can lose money, and nobody can withdraw the principal.
Pyth publishes the redemption rate on chain, so the program can prove which part of the pile is principal and which part is interest.
it books the interest and nothing else, every five minutes, split by balance, airdropped.
that is arithmetic. anyone can recompute it.
Backstop is live on Basket.
A coin whose fees buy nothing. They build a fund. When the coin falls, holders who bought higher get part of the difference back, automatically, every five minutes.
The creator picks the cover at launch, 5% to 33%. Written on chain once, changeable by nobody.
Stock pairing is live too: price the coin in NVDAx and it has to lose ground against NVDA before anything comes back, and the cover is paid in NVDAx.
https://t.co/WLJHKAHZ0Q
Why it can't be farmed: a buy waits 30 minutes before it counts, the price is a half-hour average so a wick pays nobody, one window pays at most a fifth of the fund, and the creator is never covered.
First come, first served. It can run dry. It is not insurance.
Backstop is live on Basket.
A coin whose fees buy nothing. They build a fund. When the coin falls, holders who bought higher get part of the difference back, automatically, every five minutes.
The creator picks the cover at launch, 5% to 33%. Written on chain once, changeable by nobody.
Stock pairing is live too: price the coin in NVDAx and it has to lose ground against NVDA before anything comes back, and the cover is paid in NVDAx.
https://t.co/WLJHKAHZ0Q
A reminder that we are the only launchpad built on top of @pumpfun's new update that supports multi-stock baskets paired with your coin.
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