Dear community,
Following the removal of $DMC from certain perpetuals markets and the resulting impact on the current price, we wanted to share our perspective for context. This is a moment in time that although painful in the short-term, it will not define $DMC. From the company’s standpoint, the derivatives market was never part of the long-term strategy. That structure introduces leverage-driven volatility that does not reflect our project’s underlying fundamentals, utility, or ecosystem activity, which is why we view the removal of perpetuals as a positive development.
Regarding recent sell pressure, the primary contributor is the short-term liquidation as a result of the removal from perpetuals trading. The timing of this event, combined with bearish market conditions brought on by the pullback of BTC, has resulted in unusually significant sell pressure. The project and its core team members have not contributed to any selling during this time, or in its short history since TGE.
DeLorean Labs remains focused on building a durable, token ecosystem rooted in real utility and long-term participation, rather than short-term speculative trading. Again, perpetuals can distort price discovery. The team believes that stepping away from that structure can result in healthier market dynamics. Therefore, DeLorean is confident that in the absence of leveraged short trading on the futures market, its buyback strategy is better served at this time.
Importantly, this development does not impact DeLorean Labs’ fundamentals, roadmap, or ecosystem plans. The team remains undeterred and focused on building lasting value for our community and partners.
Team DeLorean Labs
The beanstalk is sprouting stronger! ✨
Teaming up with Gassy Jack to climb the beanstalk. Collect beans through quests and unlock epic rewards in our gas-free world. Who's in? 👀
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Proof of Testnet Engagement is OPEN
Hey soundies 🐬 time to show off your testnet participation.
We're running a quick, fun Engagement Check. This is your moment to prove your dedication to soundness.
We want to see your proof generated,no matter how many games you've played every submission counts.
How to Participate:
Get Your Proof: In the game arena, use the command /profile.
Screenshot: Take a screenshot of your Total Proof number and share here
That's it! Let's see those numbers. Your activity is what makes this community great!
What's your current Total Proof?
Share it now.
1/5 BREAKING:
Talus has raised over $10M with an investment from @SuiFoundation & @WalrusProtocol, alongside lead investor @Polychain to pioneer a new category: PredictionAI.
We're building the premier infra for AI Agents while fusing AI & Prediction Markets.
I’m over the moon! Just snagged my first badge in the @SoundnessLabs Sound Game Arena—10 wins straight, a perfect 100% win rate! This Web3 gaming gem uses zero-knowledge proofs and Walrus/Sui to keep it secure and insanely fun.Friends, you’ve gotta jump in, earn your badges.
1 week since the Soundness restart!
Are you playing the game? 🎮
Is your proof flying through generation ⚡ and smooth on CLI submission 🖥️?
Proof or it didn’t happen 😉 Drop screenshots 👇
1 week since the Soundness restart!
Are you playing the game? 🎮
Is your proof flying through generation ⚡ and smooth on CLI submission 🖥️?
Proof or it didn’t happen 😉 Drop screenshots 👇
The future of staking⚡️
We can’t wait to launch our upcoming $DMC staking protocol. Here is why 🫵 should be excited too😎
Stake $DMC to…
- Secure your place in-line for exclusive merch drops with major brand collabs
- Access to private DeLorean events ✅
- Staking multipliers to earn more $DMC
- Rewards for top leaderboard positions
and much more❕❕❕
🚀 Soundness Update:
We are moving to Phase 3!
It’s been around 1 month since launch and the Soundness community has been on fire 🔥💙
The numbers keep climbing 📈 and adoption is getting cool.
Now, we’re ready to kick off Testnet Phase 3 with some big updates 👇
Exactly the shift the internet needs, but composability without verifiability is just another silo waiting to break.
The future internet isn’t just fast and connected, it’s provable by default. At Soundness, this is the core of our vision: an internet where data, identity, and logic don’t just connect, they can be proven using zk (pure math). 🐬
After five years of work, the team is happy to announce the Zama Confidential Blockchain Protocol and the release of our Public Testnet.
First things first, read the litepaper ⬇️
@SoundnessLabs, leveraging Sui and Walrus, is a decentralized ZK verification layer with low latency and high throughput. The testnet showcases cost-effective verification and modular development, secured by a restaking protocol, with mainnet launch on the horizon.
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