napa cabbage

[napa cabbage @CYK1982]

@USronaldcarter me

[TCC🔶️ @TCryptochicks]

POV: People who see my posts but never reply

[CZ 🔶 BNB @cz_binance]

The 2nd largest "anonymous" donor is from the "CZ public" address. Thanks to everyone who contributed to that!

[Max (Giggle Mascot) Fan Club @GiggleMascotBNB]

Every child deserves a chance to dream big and today, those dreams got a little brighter. 💛✨

Max Community visited a local school this week in the Benin Republic 🇧🇯 to give their nursery classroom a complete transformation! We surprised the students with brand new desks, chairs, backpacks, books, stationery, snacks, and educational iPads equipped with @GiggleAcademy! 🎒✏️🪑

The excitement was instantly contagious! The children discovered that learning English could be a total blast rather than just schoolwork. Watching them smile and laugh while exploring interactive games and lessons made every moment worthwhile. 🎮📚

The students and staff shared their warmest gratitude with @cz_binance, @GiggleAcademy, and the Max Community for this unforgettable day.

To date, we’ve raised over $470,000 to empower @GiggleAcademy's mission. This is only the beginning, Max Community remains dedicated to supporting these amazing kids and helping make free education accessible to children everywhere! 🌍🚀

#MaxCommunity #GiggleAcademy #FreeEducation #CryptoForGood #GlobalImpact

[Yeon @yeon__]

Why I’m Skeptical of Creator Fee Structures

Personally, I have become increasingly skeptical of the creator fee structures used by recent launchpads.

NOXA

Tokens launched on NOXA, such as CashCat, Tendies, Juggernaut, and others, generate fees whenever trading takes place, and a significant portion of those fees is distributed to the creator.

As far as I understand, the trading fee is around 1%, and creators receive their share in WETH.

The fact that the fees are paid in WETH rather than in the project’s own token is at least somewhat better, because it does not create direct sell pressure on the token itself.

However, as long as trading volume continues, creators can keep earning revenue, while it is not always clear what additional value they are required to provide in return.

Longxyz

I am even more skeptical of Longxyz.

Based on my understanding of its V1 structure, the total trading fee is around 1.5% to 1.7%, and roughly half of the fees generated are distributed to the creator.

What concerns me most is that these rewards are paid in the project’s own token rather than in ETH or WETH.

Of course, I cannot claim that every developer immediately sells all the tokens they receive. Some may hold them, burn them, or use them to fund the project.

However, from an economic perspective, if creators continuously receive rewards in the project’s own token, it seems more likely that they will eventually convert at least part of those rewards into ETH or stablecoins rather than burn the entire amount.

As a result, this structure continuously distributes new token supply to creators whenever trading occurs, which can create ongoing potential sell pressure.

PONS

PONS V1 has a similar issue.

According to the publicly known structure, 70% of the trading fees are distributed to the creator, while the remaining 30% goes to the protocol. PONS has also recently referred to this 70/30 fee split.

However, unlike Longxyz, PONS pays creator fees in WETH or another pairing asset rather than in the project’s own token.

This means that creator rewards do not directly create inflation or sell pressure on the token itself.

Even so, I still believe that allowing creators to continuously receive 70% of all trading fees is an extremely high allocation.

What I See as the Main Problems

I do not believe that creator fees are inherently wrong.

It is reasonable for creators who launch a project and help build its initial liquidity and community to receive some form of compensation.

The problems, in my view, are the following.

First, the percentage allocated to creators is often excessively high.

Second, these fees can continue indefinitely in proportion to trading volume, even though the creator’s ongoing responsibilities or obligations are often unclear.

Third, when fees are paid in the project’s own token, they can create continuous potential sell pressure.

Fourth, it is often difficult to verify whether the fees are actually being used for development, liquidity provision, buybacks, burns, marketing, or other activities that benefit the project.

Ultimately, traders pay substantial fees every time they buy and sell, and a large portion of those fees is continuously transferred to creators.

Meanwhile, the actual value created with that revenue varies significantly from project to project.

If I’ve misunderstood anything, feel free to correct me in the comments.

[napa cabbage @CYK1982]

@dimethyeth 0x7B445dF7f033808c5fd6E2dcF69FA5a4e5C474D5

[napa cabbage @CYK1982]

@alexmccurryo 0x7B445dF7f033808c5fd6E2dcF69FA5a4e5C474D5

[kioto @0xkioto]

RWAs are robinhoods main priority as vlad often emphasized.

NVDA did $3.5m Volume yesterday. $1M of that came directly from @longdotxyz and more directly $AI.

NVDA has a total $1.1M TVL. Long is responsible for around $300-$400k of that.

Long really describes the duality of RWAs and memes perfectly. The exact plan vlad has.

@fern (RH head of product) follows long as well. Its one of three RWA projects he follows. Maybe this runs the Index playbook and we get the vlad follow soon.

Uniswap CEO @haydenzadams also hinted a few times at memes paired with RWAs and "soft shilled" the launchpad.

Long has airdropped $5.5k of NVDA stock to $AI holders yesterday too. They know they need a runner to make the launchpad succeed.

There is clear PMF for this concept and it shows when around 30% of total NVDA volume comes through a meme pair.

We will see a lot of launchpads import this mechanism but there is only one true first mover and its LONG

[napa cabbage @CYK1982]

@blknoiz06 2CrW6SZiaaxCfS79FfUrXteLGPAeBmFGPjmmDdPfn5Xi

[napa cabbage @CYK1982]

The Launchpool points stopped updating, and after more than a day there has been no announcement and no communication on X.

I became concerned that something serious had happened, so I unstaked my tokens.

I still want to believe in and support this project, but communication matters. In the past, updates and explanations came much more quickly.

Why the silence this time?

[napa cabbage @CYK1982]

@edison0xyz Loyalty is not a gift. It's the reward for keeping your promises.

[napa cabbage @CYK1982]

Loyalty is not a gift. It's the reward for keeping your promises.
#based

[napa cabbage @CYK1982]

@pulldotfun POKEMON X VAN GOGH!!!

[Pull.Fun @pulldotfun]

[Giveaway]

In the blink of an eye, we have now reached $5,000,000 in volume. From ONE pack alone.

You guessed right - our second pack is coming soon.

Like, repost, and comment which cards you want to see in the new pack. We'll give some free pulls to a few of you!

[napa cabbage @CYK1982]

@pulldotfun ^^
ID:@cyklove

[Pull.Fun @pulldotfun]

[Public Launch: 100 free pulls]

2 weeks. 1K+ users. 70K+ pulls. $3.5M vol.

Y'all cooked.

Now we open the doors. No waitlist. Double referral points.

To mark it, we're giving 100 pulls in 48h.
Like, share, drop your PullFun ID, we do the magic. Top comments get bonus pulls!

[napa cabbage @CYK1982]

My thoughts on "BASED"

1/5

$BASED is sitting at $0.088. One month since launch, down hard from the highs.

But honestly? I think this is exactly when it's worth looking closer.

Let me walk through the data. 🧵

---

2/5

Start with the team.

CEO Edison Lim — CMU distributed systems security master's, ex-Zilliqa engineering lead.
CTO Zac Ler — ex-Lazada / Alibaba software engineer.

Not anonymous. Singapore-registered entity. Real names, real faces.
When LUNA collapsed, they pivoted Suberra fast — crisis execution, verified.

Pantera + Coinbase Ventures + Wintermute didn't put $11.5M Series A in here by accident.

---

3/5

The numbers hold up too.

Eight months post-launch:
• $40B cumulative trading volume
• 30,000+ monthly active users
• ~$14M in revenue

That means a working revenue model exists.
This isn't a project surviving on token dumps.

---

4/5

Two catalysts worth watching right now:

① 3rd airdrop incoming
② Based Launchpool first partner — https://t.co/8oNk7rQFSn

https://t.co/8oNk7rQFSn lets you pull real Pokémon cards on-chain, then sell them or request physical delivery. A proper phygital TCG platform.

Given where the TCG market is right now, the timing isn't bad.
Personally, I'd love to see $BASED usable directly to open packs — that would push token utility to another level. Hope the team goes there.

---

5/5

Fair analysis means calling the risks too.

• May unlock supply — team wallet movements need watching
• "Young, hungry, scrappy" team — Pantera's words, which is a compliment, but also could mean inexperienced
• Founders with no large-scale exit on record yet

Rug history? None.
Evidence of intentional fraud? None.
Execution risk? Yes. Like every early-stage project.

$0.088 could be a dangerous bet or a low.
I know it's the former and I'm positioned for the latter.

— DYOR. NFA..
#BASED #PULLFUN

[Basedexperience @BasedExp]

Shhh... just between you and me, there’s an insane farm over here, come farm it.
@BasedOneX

https://t.co/3JfqThuYpl
https://t.co/Mwecbovomw

[Based @BasedOneX]

The first Based Launchpool project is locked in.

Stakers earn project tokens passively. Fully unlocked at TGE. No vesting. No lottery.

Can you guess what ████ is?

Stay Based.

[DSK @likedsk1]

Wait, paying with a card straight from your crypto wallet? 💳✨

Here’s why everyone is talking about @BasedOneX after yesterday's token launch! Built on Hyperliquid for lightning-fast trading, they’re bringing DeFi to the real world with a Visa card linked directly to your balance. You can literally spend your crypto anywhere. 🛍️
No wonder @PanteraCapital led their $11.5M funding round. Trading volume is already exploding right out the gate, so definitely keep this one on your radar!

지갑에 있는 크립토로 바로 카드 결제가 됨.
트레이딩하고 수익내고, 수익을 바로 카드 입금 후 결제. 끝

어제 막 토큰 런칭한 베이스드가 핫한 이유는
하이퍼리퀴드 기반이라 촘촘한 오더북
잔고와 연동되는 Visa 카드까지 지원해서 실생활에서도 바로 쓸 수 있음
판테라 캐피탈이 11.5M 달러나 투자한 이유가 있음.
베이스드는 단순 거래플랫폼이 아니라
AI에이전트 커머스 뿐 아니라 슈퍼앱을 지향하고 있기 때문

#BasedOne #BASED #Hyperliquid #Crypto
@BasedOneX @HyperliquidX