Hello anon, welcome to my crypto thinking space. I encourage you to think for yourself, critique my views and DYOR. No time for day trades so I invest. NFA
Warning: incredibly risky low cap & illiquid, and obviously I am already invested.
@BicOnBase was one of the 1st to launch on @basejumpdotpro I saw the pre-sale but missed the chance to get in, watched it moon & since return to earth. The memes are fucking epic and team did..
$SB/sol DAILY
$SB ( @Solbankfinance ) going for another retest of its recently massive channel breakout, I'm betting on continuation into 2025, 🫵 should too 🚀🚀
For your playing pleasure this Kekmas season, we introduce two minigames:
Frens Bowling + Whack-a-Meme!
Give them a play and earn those sweet golden tickets for use in the upcoming Kekspace arcade!
Available as Telegram games now and through web browser shortly.
Enjoy! 🐸💚
You can manage your L1 $BASED (initiate transfers and check balances) either through the Based CLI or a compatible wallet such as MetaMask.
For a list of CLI commands to perform these actions, refer to the Based documentation linked in this thread. If you prefer using a wallet, you'll need to add the mainnet RPC endpoint by creating a Custom Network with the following details:
Network Name: BasedAI
RPC URL: https://t.co/TxKkdU1BOx
Chain ID: 32323
Symbol: BASED
Note: Some wallets may handle the RPC URL differently and require an additional forward slash (/) at the end of the address. If you encounter an error stating the RPC URL is incorrect, try using https://t.co/OM4iGlUEsV instead.
Ticker is called $SOLBANK $SB
$SOL looks bottom as soon as it rally to 300$
You gonna see this above 500m easy, buying here with size
8twuNzMszqWeFbDErwtf4gw13E6MUS4Hsdx5mi3aqXAM
https://t.co/vwANc6an2c
Doge aping a bag of SOLBANK here
Shared by doge best friend @CryptoMarkETH and he can’t fade his bro
$SB team got big revenue will be a long term hodl
https://t.co/C44qEZi2Lu
https://t.co/uVXZZm5xlz
@solbankfinance
🏦 SolBank 🏦 $SB
Forward 🏃♂️
- Every cycle, a few new innovative DeFi protocols stand head and shoulders above the rest. They generally have an edge on how yield is created and distributed, have bright teams, and have superior communication skills. I haven't seen many OHM or TIME-like innovations this cycle, but I think one that has evolved 3,3 mechanics and added exceptional value is @solbankfinance.
Overview 🔬
- Solbank is an on-chain hedge fund that's PVE driven. It acts dually, combining Defi Technology with meme culture. They have been building a powerful treasury through their proprietary technology that houses a Degenified Finance.
Degenified Finance 💱
- This is the term the team uses to describe its methods of staking, bonding, and farming, which will be used to jump-start growth, and in this thread, it will be referred to as the bootstrapping phase.
- The bootstrapping phase consists of 4 pillars and follows a rigorous financial model.
The pillars 💪
1. Community Growth
2. Treasury Growth
3. Brand Recognition
4. Valuable Partnerships
- The bootstrapping method has been in play since its inception, and it has been a 10-month experiment in balancing yields and creating a sustainable treasury. The bootstrapping phase will end soon once the supply reaches one million, and then the supply will be permanently capped. $SB will then transition to a genuine PVE ecosystem where sustainability is the central focus and all participants benefit.
Current statistics 📊
Other Key Stats
- $SB supply is staked
- Over 4 million dollars in memes deposited
- Over 1,268 farmers
- 10% supply buybacks
They offer users:
✅ Flex Staking - 3.6% Weekly ROI
✅ HODL Staking - 8% Weekly ROI, with a 90-day commit
✅ Bonding: $SB is given at discounts.
✅ Meme Farming earns 0.3–2.3% wROI. These are some popular memes currently being farmed: $Popcat, $Loafcat, $Rizo, $Moondeng, and $Giga
✅ Decentralized OTC Platform
✅ Revenue Share Model dedicated to $SB Stakers.
What's the difference between Solbank and OHM/other rebase projects:
- Desynchronized Rebasing Concept
There is no sync between participating wallets regarding rebasing and timers; each wallet gets assigned a timer, eliminating any coordinated sell pressure.
Conclusion ✍️
- The evidence shows that @solbankfinance is an excellent DeFi/yield-generating protocol. The team has backtested their model for 10 months, which is impressive and further illustrates their impressive financial and tech capabilities. They have generated 1.4 million in revenue, which they have returned to the project in several ways. My theory is that once the bootstrapping phase ends, they will continue to increase their revenue and further bolster their sustainability.
TA 💹
- $SB is showing strength this week as it has started to grind up from the bottom. Some uptrend structure has started to form here. I will update you as it progresses.
Current MC- 13 million.
Disclaimer
- The SolBank team has compensated me for providing education on their product. However, I only accept offers from high-quality teams with long-term potential, a working product, or very strong proof of concept.
References 📜
https://t.co/jdIx8ZUGt5
https://t.co/hybrz6oZfV
$SB trading at $124 up 215% 📈🎯🔥
Projection played out. Textbook falling wedge breakout. Revisit previous updates for fundamental alpha.
I'm currently staking w 4000% apy, weekly roi 8% on top of the 3x. Sideways price action was profitable enough. Uptrend, even better! Team finally getting the recognition it deserves.
Solbank passive income is getting serious
HODL to Valhalla $SB
What a reversal from the bottom. If anyone see the vision the team is building you will be very wealthy as it plays out
BILLIONS & BILLIONS one and only on Solana
Added a fat bag of $SB @solbankfinance here which I'll be sticking all into long-term staking.
This is one of the most sustainable "Ponzis" I've seen, taking lessons from $OHM $TIME & $MCC & combining a mix of their features to prioritize longevity.
Main bullpoints:
- No VCs/private sale tokens to be released.
- Potential DeFi interest with trump backing $AAVE & projects like $PEAS gaining big attention. $SOL doesn't have a clear winner yet.
- Chart looks bottomed & curling up, yet still down 90% from ATH.
- 93% supply staked, 63% in long-term "HODL stake" -only 7% in circulation currently.
- $10.8m TVL at only $7m cap ($3.8m profit from farming other tokens, mainly memes). Team also have a $1.2m treasury.
- Team seem extremely professional, fully built this platform 3 months prior to launching the token & have been grinding since March solely on this.
- Tonnes of catalysts/use cases frequently added by team, including partnering with @ZebecCards this week for a custom SolBank card so you can spend your $SB IRL.
- Very easy for normies to learn how to use this as they have YouTube guides.
Think this could do very well with a bit of attention. Personally I bought with bonds as it's a 5% discount but 5 day vest.
BasedAI is a $100 coin larping as a $8 coin
The real fun starts after price discovery, and flipping every single "AI meme" is just the start.
Not a single T1 listing yet.
Then watch when they realize that @pepecoins is the entry point
$SB up 50% intraday, getting ready for HTF 📈🔥
I told u all you have to do here is lock your tokens away for 2000% APY and wait for the market to wake up.
Solbank has treated us well while doing pioneering work on Solana. If you joined me from the start, you're up multiple X in profits, returns no one can take away, and your SB portfolio keeps compounding back to its original size. But change is in the air, and the market seems to be embracing it.
Shift from APY to wROI
2000% APY scared off a lot of investors due to inflation concerns. wROI solves this. Take note of the features that have been added, constant enhancements. Look at the teams dedication and pioneering spirit. True commitment, and they’re lions at heart. This is what I focus on when deciding where to become a whale.
The whole price action from Aug till now is not important for us. We hodl until SB rallies. NOV shakeout done, ongoing reclaim of key level $42. Next, HTF breakout and reclaim of POC $68, then higher!
This is the art of gem hunting. Nothing beats being an early bird, holding strong through the ups and downs, and watching the right teams rise to the top. GL
Based Labs has inked two-year datacenter agreements for the BasedAI MAINNET clusters in the following countries; 🇪🇪Estonia, 🇮🇸Iceland, 🇩🇰Denmark, 🇯🇵Japan, and 🇺🇸United States.
In service of the $BASED god.
Mainnet: Nov. 30th, 9:00 PM EST.
GMT: Dec. 1st, 2:00 AM
CET: Dec. 1st, 3:00 AM
UAE: Dec. 1st, 6:00 AM
SGT: Dec. 1st, 10:00 AM