Here are some questions we're getting asked:
1. The website figures update every month and we are in the process of updating them.
2. There is still a 1m dollar buy side liquidity pool placed between $0.79 and $0.80 per $GP. This means people would have to sell more than 1m dollars worth of $GP, or around 4% of the circulating supply, to break the range.
3. One month ago we placed a buy back of 12.5k dollars per day on $GP even though revenue was lower. Now that revenue has picked up, the 7.6 percent allocation to $GP buy backs on some days is above 12.5k per day, which means we will swap the difference into $GP. Once the DCA ends this will return to normal.
4. Graphite owns 38% of @bonkfun, not just the 7.6% percent that goes into buy backs. This has been a disputed fact across social media so we are glad we could clarify.
5. There are products in the pipeline we are working on that are not launchpad related. @bonkfun is the priority, but that does not prevent us from building new products.
6. We will contribute more capital in the lower rangers if the current wall breaks utilizing the treasury to secure levels.
Doing some simple math here:
Imagine even just one million Americans using the Trump app with stablecoins every day to pay for their expenses.
👉 Now here’s the real alpha (key insights):
1⃣ $WLFI is leveraging @GraphiteProto’s infrastructure to manage trading of liquidity on the Bonk platform, a leading protocol on Solana.
You might have to take my word for it, but these guys are premium crypto dev geniuses - The best in their fields!
2⃣ The @GraphiteProto team uses $GP as their treasury to fund the ecosystem.
They allocate 7.5% of Bonk revenue to buy back $GP, supporting its token price.
3⃣ Let’s estimate monthly revenue for WLFI with 1M users conservatively: Each spends $50/day via stablecoins (half the average U.S. daily spend, for small purchases like coffee).
That’s $50M daily volume, or $1.5B monthly.
Fees: At a typical 0.3% transaction rate, that’s ~$4.5M/month.
Lending: If 10% of users borrow $2K each at 5% interest (with the protocol keeping 20%), add ~$83K/month. Total: ~$4.6M/month.
From this, 7.5% (~$345K/month) goes to $GP buybacks!
🚨 That might not sound huge, but what if I told you $GP currently has a $50M market cap?
Now, imagine 2 million daily users, or even 10 millions. Not so much given the hype for MAGA fans.
🧠We’re living in amazing times for those who can seize the opportunity!
NFA and DYOR, but you can buy $GP right now on any Solana wallet.
The token address is: 31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk.
🔖Whether you jump in or not, bookmark this post and check the price later!
And if you want to know more about it, you can check this other post about Bonk eco flywheel:
https://t.co/yxnSEY9Sov
We’re proud to announce that we've partnered with @worldlibertyfi to become the official USD1 launchpad on Solana.
We’re excited to work alongside WLFI and their team to bring the next wave of users onto Solana!
More details on go-live and what this partnership means will be shared soon.
Just because I'm getting asked a lot of questions atm we've been tackling a lot of big areas this past month
1. Community
2. ICM
3. How to bring in retail
4. How to grow liquidity in the trenches.
We've learned a lot from the past few months and have remodelled pretty much everything.
BONK eco looking good here
Registrations for the first BONKfun trading competition are now LIVE
- 4 days, $80,000 in prizes
- top 5 contestants win based on volume done
- no cost to enter
- no twitter connection
- contest starts Monday
details 🧵👇