bubs 🪿

@bubsyy

bubsy mode / journal & updates: / @trojanonsolana partner

the pond

Joined April 2009

195 Following

5.9K Followers

11.4K Posts

Pinned Tweet

bubs 🪿

@bubsyy

2 months ago

i'm going to start yapping again, somebody stop me! https://t.co/WHb0E9y3R0

28 minutes ago

about 3 hours ago

@Dexerto absolute g 😭

346

bubs 🪿

@bubsyy

about 5 hours ago

@OGDfarmer @prism_lp 💎💎

Who to follow

takuya8

@13sveske

猫と暮らす社会人3年目、写真を撮りすぎて機材が増えがちだが現場は気分次第。茶トラと黒猫が第二の朝をくれる。

bubsyy retweeted

about 6 hours ago

Sometimes you stumble upon a gem, something special that reminds you why you still spend countless hours onchain, diving through endless vapour and bundles. Reminds you why you came here in the first place: the boundless innovation, and a better way forward. @prism_lp has been this for me the second I really understood what was going on. The tokenomics and mechanics are so novel and ingineous I’ll post some materials at the end from the source. Meanwhile, I’ll give you the smoothbrained ape version: there are 5000 Prism NFT’s. Whenever you trade the erc-20 token to fractionals and “brake” one, it’s burned forever. So, deflationary supply. We are at about 4k already, two weeks in. These Prism NFT’s basically represent ownership of the protocol, not in a memetic way, but in a direct value accrual thank god way, where they take a hefty 60% of fees. They do so directly: this means that there's no staking, LP wrapper, router approval, no bullshit. You simply hold the PRISM in your wallet. Thank you Uniswap V4 hooks. This is increasingly important both because AI becomes ever better at surfacing attack vulnerabilities in staking contract but also cause: adoption! It’s clear that utter complexities to take full advantage of crypto’s possibilities is not something that nocoiners want to do. More on this as we go, as Prism adresses this 3 ways. So, what are we accruing value from? Indexes! Yes, exactly the thing that almost every non professional uses to get exposure to stocks, and narratives in general. One of the biggest markets in the planet, that charges you a hefty yearly fee for the privilege. So, via Spectrum, the launchpad built on Prism, to whom all value accrues, you can “one click create” what are basically on chain ETF’s everyone will have access to. First one live is a good example: a basket of Base AI projects with VVV as the main position at 50% or so and then a sliding scale of 20% to 1% of a dozen baby clankers. That’s some good low effort exposure to a strong and growing narrative most nocoiners wouldn’t have any idea how to get access to, nor time for. But the fact that onchain we have already exposure to erc-20 of Stocks, and highly efficient and regulated commodities like Paxgold, and new primitives like baskets of tcg cards means we can create something like 20% gold 20% btc 20% vvv 10% fucking pokemon cards 30% the fucking S and P 500 if our boomer inclinations so desire 😂 Possibilities are endless. And again, this is non memetic, and here’s the incentive for big names to do so. Whoever launches the ETF is entitled to 30% of all fees ever produced. But unlile other ETF’s where you have to PAY a yearly management fee here you are PAID to hold that ETF with 10% of all fees created. And 60%, reminder, goes back to PRISM holders. I assume the 0 to 1 moment will be when @VitalikButerin his DeFi ETF or @punk6529 his art/TDH on chain ETF or @blknoiz06 will make his Solana ETF. People with reach and credibility in their own domain. I don’t put Vitalik there randomly, because he just wrote a longass post describing the next phase of DeFi, very same week this this launched basically, and all I could think reading it was: $prism ! The one thing I don’t particularly like about this model is that the ETF’s are fixed in allo. Wich, most etf’s are, but nature of crypto needs more flexibility imho. The reason for that choice is sound: not allowing people to just rug or buy random shit with it. Makes sense. I was happy though to know it was more of a “stylistic choice” and less of a constraint. Down the line flexible ones where “social trust” does it’s thing will be good: again, Vitalik there as an example, or 6529 and it’s TDH crew make A LOT of sense in this context. So much can be done in that sense my brain was tingling with crazy possibilities of TDH crossovers in this system. But I digress 👇

$OGDfarmer's tweet photo. Sometimes you stumble upon a gem, something special that reminds you why you still spend countless hours onchain, diving through endless vapour and bundles. Reminds you why you came here in the first place: the boundless innovation, and a better way forward. @prism_lp has been this for me the second I really understood what was going on. The tokenomics and mechanics are so novel and ingineous I’ll post some materials at the end from the source. Meanwhile, I’ll give you the smoothbrained ape version: there are 5000 Prism NFT’s. Whenever you trade the erc-20 token to fractionals and “brake” one, it’s burned forever. So, deflationary supply. We are at about 4k already, two weeks in. These Prism NFT’s basically represent ownership of the protocol, not in a memetic way, but in a direct value accrual thank god way, where they take a hefty 60% of fees. They do so directly: this means that there's no staking, LP wrapper, router approval, no bullshit. You simply hold the PRISM in your wallet. Thank you Uniswap V4 hooks. This is increasingly important both because AI becomes ever better at surfacing attack vulnerabilities in staking contract but also cause: adoption! It’s clear that utter complexities to take full advantage of crypto’s possibilities is not something that nocoiners want to do. More on this as we go, as Prism adresses this 3 ways. So, what are we accruing value from? Indexes! Yes, exactly the thing that almost every non professional uses to get exposure to stocks, and narratives in general. One of the biggest markets in the planet, that charges you a hefty yearly fee for the privilege. So, via Spectrum, the launchpad built on Prism, to whom all value accrues, you can “one click create” what are basically on chain ETF’s everyone will have access to. First one live is a good example: a basket of Base AI projects with VVV as the main position at 50% or so and then a sliding scale of 20% to 1% of a dozen baby clankers. That’s some good low effort exposure to a strong and growing narrative most nocoiners wouldn’t have any idea how to get access to, nor time for. But the fact that onchain we have already exposure to erc-20 of Stocks, and highly efficient and regulated commodities like Paxgold, and new primitives like baskets of tcg cards means we can create something like 20% gold 20% btc 20% vvv 10% fucking pokemon cards 30% the fucking S and P 500 if our boomer inclinations so desire 😂 Possibilities are endless. And again, this is non memetic, and here’s the incentive for big names to do so. Whoever launches the ETF is entitled to 30% of all fees ever produced. But unlile other ETF’s where you have to PAY a yearly management fee here you are PAID to hold that ETF with 10% of all fees created. And 60%, reminder, goes back to PRISM holders. I assume the 0 to 1 moment will be when @VitalikButerin his DeFi ETF or @punk6529 his art/TDH on chain ETF or @blknoiz06 will make his Solana ETF. People with reach and credibility in their own domain. I don’t put Vitalik there randomly, because he just wrote a longass post describing the next phase of DeFi, very same week this this launched basically, and all I could think reading it was: $prism ! The one thing I don’t particularly like about this model is that the ETF’s are fixed in allo. Wich, most etf’s are, but nature of crypto needs more flexibility imho. The reason for that choice is sound: not allowing people to just rug or buy random shit with it. Makes sense. I was happy though to know it was more of a “stylistic choice” and less of a constraint. Down the line flexible ones where “social trust” does it’s thing will be good: again, Vitalik there as an example, or 6529 and it’s TDH crew make A LOT of sense in this context. So much can be done in that sense my brain was tingling with crazy possibilities of TDH crossovers in this system. But I digress 👇$

105

14K

bubsyy retweeted

Government of Gapla

@GaplaOfficial

about 7 hours ago

Hi everyone, we wanted to share some recent updates regarding Gapla: Thanks to the fees generated by $GAPLA, planning for our first expedition to Gaplan territory is well underway! Our Provisional Government members will be making the trip in just a few days. Additionally, our team was offered an interview with RTL Netherlands, a television network interested in covering our expedition. The Provisional Government is honored to have the opportunity to work with them! We truly can’t believe this is finally happening after so many years. We want to thank the community from the bottom of our hearts for their support and interest as Gapla continues to make strides towards settlement and eventual sovereignty. We will be documenting the entire expedition through our social media, so please stay tuned for updates!

bubsyy retweeted

enci

@encigr

1 day ago

I probably shouldn't make it this easy for yall and you should do your own DD But remember that micronation founded by a bunch of zoomers that's being funded by a pumpfun coin? Most people tailed Gake and Marcell into it, got rinsed, then flooded the $GAPLA Discord asking wen this and wen that like the average crypto pleb operating on a 10 minute attention span with borrowed conviction from some farmer kol The thing is, these kids have been actively building this thing for years. The coin was introduced to them like a week ago. It's pretty clear they operate on a completely different timeline than most "traders" want, and honestly that's bullish as fuck because by now most of those "traders" are gone. I did some digging and found out they were actually invited to speak at the @UN about their micronation, their plans and their vision for sovereignty in an internet-native world. While people were bitching at them to do some circlejerk spaces tour with random crypto hosts, these kids were thinking bigger than most trenchers ever will. Just yesterday they announced an interview with @RTLNL, part of one of the biggest media groups in Europe, to talk about their country. While everyone was waiting from some CT KOL to write some article telling them what to think, these kids are creating a story so wild, where those artices will be written by the mainstream media instead. And later this month they're actually heading to the Croatian border to set foot on the land they claim belongs to Gapla and document the entire expedition online. I need you to seriously think for a minute about how this plays out. A bunch of teenagers funded by a memecoin travelling across Europe to claim territory for their country. In my mind they either make it, which is great for the story, or they end up getting chased around the Croatian border police while documenting the whole thing on TikTok. And honestly i'm not even sure which outcome is more bullish. So yeah, the fact the coin funding this entire thing is sitting around 50k right now makes it one of the more asymmetric bets i've seen in a while. CT might have you thinking the story is over. When in reality, it hasn't even started yet.