Crypto🔸Lady

Crypto Queen | #100x Gem Hunter | # NFT | DeFilO $Sol| $Eth | $BNB| Early Alpha viralmemedev
Dm for Promotion.

[Cryptic_Maestro @Crypto_Meastro1]

What #memecoin is about to send like this?

[Crypto🔶Lady @bnb_girl1]

Name a #memecoin you think can do #100x pump in just one month 🤔

[Crypto🔶Lady @bnb_girl1]

I’m buying.

I need just #50x.

Shill me.

[Crypto🔶Lady @bnb_girl1]

What #memecoin is about to breakout?

Shill me your favourite ticker👇

[Crypto🔶Lady @bnb_girl1]

Which #memecoin is going to make chart like this Next?

[Crypto🔶Lady @bnb_girl1]

What #Solana memecoin will do 100x ?

Shill me a ticker 👇

[Crypto🔶Lady @bnb_girl1]

I need low market cap

#1000x potential.

What’s the ticker____?👇

[Crypto🔶Lady @bnb_girl1]

Which #memecoin is going to make chart like this Next?

[Crypto🔶Lady @bnb_girl1]

What #memecoin is about to breakout?

Shill me your favourite ticker👇

[Crypto🔶Lady @bnb_girl1]

What #memecoin is ready for this BULLRUN 🐂 $_____?

[Nate @Natan_benish]

wild. @ArtificiallyInu now has more holders than tokenized NVDA.

35k vs 30k.

understand that stock pairs are a new form factor for stock distribution.

public companies, trading apps and RWA providers are all naturally incentivized to support them these are the modern day stock ads(but with reflexivity)

how many LONG holders became significantly more bullish on the underlying stock?

how many of you started digging deeper into the company after buying a pair?

how many ended up buying the actual stock too?

I did.

you don't need to explain a new viral form factor you can just feel something big changed.

LONG.

[Nate @Natan_benish]

the last time memes tried to proxy a real hyper growing category was during the AI meta.

"sentient memes" were insanely cool as a left/right curve optimum and also a great onboarding layer for AI people. Last time where memes felt relevant to the real world and captured mindshare outside of the trenches.

understand that stock pairs are going to be 100x bigger.

1. real reflexive connection to the largest markets in the world.

2. a relevant form factor for stock traders(the only pool of capital that can scale the onchain eco)

bootstrap NVDA/AI, go net long on NVDA, compound more NVDA shares and gradually swap back. almost like an NVDA dividend.

3. the fastest growing category in crypto since stablecoins.

4. stars aligning with the biggest bull cycle both in stocks and crypto folding right in front of our eyes.

many challenges and bottlenecks ahead.

we will tackle them one by one.

stock by stock.

LONG.

[Nate @Natan_benish]

related.

LONG.

https://t.co/hvz2BnAodH

[Nate @Natan_benish]

Important part here is not just the raw vol but how much vol is captured into generational assets + TVL(10% of the stock TVL on RH) keep in mind in terms of mech and real impact, stock pair with very thin liquidity is as good as just a standard sol/eth meme launched on any platform.

right now any time we hit a new record in daily vol at least one or couple of assets make history.

10x bigger.

LONG.

[Nate @Natan_benish]

The two scarcest resources in crypto are trust + vision.

When you compound them through deep markets generational assets are born.

LONG.

[Nate @Natan_benish]

so THICC.

LONG.

[Nate @Natan_benish]

A few days ago AMC went after @vladtenev and @robinhoodapp.

Now we see it from within. IMO it’s net negative, and whether you support model A or model B for tokenized stocks, it’s better to rally.

Again, respectfully, this is inaccurate. The key words are “it could” and “allegedly”.

Tokenized equities on RH are quite important to me, so I’m giving you a legal rant. Not a legal advice I'm not an expert but I read very carefully and aspire to understand every bit of the stack we use at LONG.

Let’s start by explaining the structure!

There are two important documents regarding stock issuance:

1. Base Prospectus, which represents general terms applying to all tokenized equities (btw these terms are 150+ pages long. I doubt so many have read them, but I did, at least portions).

2. FINAL TERMS, which are terms specific to one product (e.g. tokenized NVDA).

What do they say in the case of AMC that was mentioned?

Tokenized AMC is not some random SPV that issues shares out of thin air. It’s clearly defined as being backed by “underlying”.

The Underlying is not shares of an SPV, cash or options. This is the actual AMC stock:

“The issuer of the Underlying is AMC Entertainment Holdings… The Underlying is a share of AMC Entertainment Holdings, Inc..”

Now, as you know, the stock market is not really 24/7 or even 24/5. During off market hours, it’s hard to trade at size, and price discovery is pretty much nonexistent.

Which brings us to the next point: what needs to be done in order to bridge this gap and enable 24/7 liquid trading or at least better coverage around active mints/redeems

This is where collateral comes in.

Collateral is like a backing that can include cash or other instruments that enables to bridge the gap between the period where mint or redemption of tokenized shares takes place and the next “liquid” period (usually T+1, which is common with every major broker regardless of tokenization).

Collateral is well defined in the Base Prospectus page 10 exactly:

“the relevant Underlying (note: stock)… cash… any Underlyings have been lent… all funds and assets in transit in connection with the purchase and delivery of the relevant Underlying”

In simple words, this is an accounting measure to ensure everything is backed 1:1 before the final stock is settled and held by a custodian(or moving out) + just capital efficiency measures.

Does that mean that somehow a tokenized stock can have 99% cash and 1% actual stock as long as it's N AMC backed by equivalent cash?

NO.

Page 56: “Within the issuance and redemption processes, the Issuer will periodically buy and sell the relevant Underlying (again, stock)… There is also a risk that, in periods of low liquidity or market disruption, the Issuer may not be able to buy or sell the Underlying at the expected price or within the expected timeframe”

Again, the goal is to move from the legacy old rails into something that would be as close to 24/7 market.

The truth is, big portion of the debate around which model for tokenized stocks is more "pure" doesn’t really matter same as USDT VS USDC backing reserve.

UX and price execution are what matter (where I can get the best price for my tokenized NVDA most of the time). @longdotxyz helped to bootstrap lots of the deep onchain liquidity on Robinhood, so I just made a quick comparison during off market hours.

~1m SPCX trade via Jup: -25% price impact

~1m RH SPCX trade via @matchaxyz: ~1% price impact

I’m not trying to say one product is bad and one is good, but simply stating the facts from a POV of a founder running an app that generated $1b in total tokenized volume across many RH tokenized stocks 24/7.

Robinhood is extremely robust! It also provides better security assumptions, as most of this liquidity is fully onchain within DEX pools.

Now let's get back to winning.

LONG.

[Nate @Natan_benish]

LONG is a rare example of a 1st mover advantage (with LOTS of work left!)

Mainly because we are not just about a one trick pony of stock pairs (otherwise we would have been dead already) we have very cohesive vision that’s optimising for stock pairs with thoughtful design + unique distribution and most importantly clear vision.

I respect the pump team for essentially establishing network effects to the point of seeing almost every meta being born there.

But also think for LONG we want to take high convection bets on how to grow the pie instead of running the same generalised launcher playbook pump is running very successfully for years.

More validation and adoption around stock pairs only reinforces how powerful this concept will play out on LONG.

[Nate @Natan_benish]

some users asked me about!

clarification regarding community mode

When we first launched LONG, our fee structure was different. Creators received ~1% on every trade, in both tokens and stock.

During some of our more active days, this led to good assets getting dumped by the original deployer, or a deadlock where people didn’t want to “CTO” the asset because they were afraid the dev would dump on them. It's a very common problem and no one really figured it out without taking a weird PVP approach for CTOs (in some sense OG launches on Pump didn't have any creator fees and I think they were a bit more pure to some extant and creators had to buy a portion and have skin in the game to capture upside vs farming fees)

Since 27 July, we have changed the default mode and all assets launched after it run with:

1. The creator share is much smaller, so there is no central point of failure. CTO just means buying the asset(creator can't get have something wild like 5% of the supply in first 3h)

2. Fees are automatically added to the locked LP through our Uni V4 hook on every trade.

This effectively creates a fully automated community mode. We can add some UI features to make it more explicit and "verify" this mode enjoys similar safety like OG pairs with community mode.

My recommendation: LONG pairs are not just vanilla DeFi vaults. These are community based assets whose value is driven by holder conviction, unique narratives, and memetics. That is much more POWERFUL than quoting stats esp on the small-mid cap range.

LONG.

[Nate @Natan_benish]

Also side note. Building with excellence, take over a new category, provide users what they want(I think pre ipo pairs can be huge on RH) and accrue value back to our og pairs.

Is rly our North Star.

This launch was made possible also because the new factory launcher(front running new pairs can ruin liq) There are many layers to what we do in due time all the pieces will fall in place.

We will get better and better. There is no other option.

LONG.