Breakpoint incoming 🔥
After my time at Triton ended, I took a step back.
I had three side projects and one rule: pick one, focus, ship it.
I failed the focus part. I built all three.
Turns out they needed each other. Together they became @firestratxyz, live on Solana now 🧵
It took us a year to build this.
It takes you one click to use it.
We built our first model with one job: beat every yield on the internet.
Now on Solana Mainnet
Watch 👇 https://t.co/dR8i8skYCi 🧵
Direct mapping will come to mainnet soon. Make sure to test all you programs with the feature virtual_address_space_adjustments enabled. Either locally or against devnet. Some programs still have some divergence.
https://t.co/x0EHNuv1WX
This looks oddly familiar 👀 great minds think alike
Still prefer it fully on-chain with no human in the loop
• 0 KYC, open to any Solana wallet
• no lock-up, exit when you want
@kamino@xStocksFi@krakenfx the goat keeps cooking 🐐
same idea for stocks, BTC, SOL and gold with @FireStrategy
0 KYC, no lock-up, fully on-chain, no human in the loop.
Yes, and this is why I think this SFDP change is a step in the right direction.
But it also highlights a real issue: why would a stake pool withdraw its stake when two validators merge?
How can we prevent two small validators from dying? I'd much rather see them merge and remain independent than have their stake flow back to the big players.
We need a way to pool stake and resources so indie validators can merge instead of shutting down.
Selling a validator business is nearly impossible. Selling private keys makes no sense, and merging multiple teams under one validator identity is tricky.
Maybe a challenge for @sanctumso ? 👀
I’ve seen a massive amount of friend’s Solana validators shut down over the years
Every time I told myself: it’s all about being patient
After 2 years of running a validator, which was barely making it (taking all the costs into account with bear market prices) and running perfect ops around it
I finally got this @jito stake and was starting to see a future with Alpenglow where the validator was going to start making money
But one random day just before breakpoint
The SFDP changed the rules of who gets stake
Craziest part is that I understand and agree on the change
SFDP was keeping a big chunk of validators alive, in a blockchain that prides itself at not being a communist chain AND doesn’t need to motivate people to run validators to compete with Ethereum numbers
Solana is going to 200 validators, operated by financial firms and large companies
We are drifting further and further away from our 2021 NFT and DAO ideals 😅
But I guess each dev profile has a role to play at different moment of a chain’s lifetime
I will never forget the Serum fork when FTX crashed (and my Wired article lmao), helping all the companies in 2022 and 2023 stay afloat, winning Colosseum with Tokamai, all the people I met through solana’s amazing events in 2022/2023/2024/2025
My only worry is that the big validators of the top 30 did show a massive inability to keep their operations going when a few months back we almost had a network halt
Not my problem anymore I guess, tho
@solana, of course I still love you
(I hope many people will take this post as a bear market bottom signal)
@ansel_sol You get a block stream, access to the account DB, and transaction simulation for less than most Pro RPC plans.
But you're right, it's not directly useful to the network. It's more of a community service, really, to keep the knowledge of running validators in more hands.
@AstroNovaX99@ToolmanData@solscanofficial@Dune@MerkleScience@AlliumLabs@arkham Couldn’t agree more, but we’re talking about static wallet labels: tiny amounts of text linking wallets to identities. GitHub or Cloudflare could serve this for free at scale. If speed matters, just download the database, self-host it, and keep it synced.
ANNOUNCING THE FIRST STOP FOR THE UNOFFICIAL OFFICIAL AFTER PARTY
THE GREAT BRITISH PUB CRAWL
STOP 1: THE HANDS & FLOWER
PINTS POWERED BY @ikadotxyz & @RockawayX 🍺
🔗 https://t.co/1easG69wCR
Every asset on Solana deserves a yield. 🔥
Two new Fire tokens enter incubation:
• frSOL, Fire Solana Strategy: deposits open
• frGOLD, Fire Gold Strategy: deposits soon
Here is what incubation means 🧵