defido 👊⛽️

Everyone must win, the $NEIRO bropump thesis, onchain can win 👊⛽️

[defido 👊⛽️ @defido]

GL66AWDPdw1iVrsr7WNHGkkUo7F6fvzw2a7EGrt865vv

4 to 8 figures. Bet against everyone and everything. $NEIRO on Solana. Community must win. 👊⛽️

[defido 👊⛽️ @defido]

Spent the last week using the grok API, search is better than other products, not sure what they’re doing to make that so, it was easy to setup and use.

$1.25 input
$2.50 output

It’s cheaper than ChatGPT mini models and was giving much better answers. For this pricing it makes a lot of sense if you need frontier intelligence at a great price.

[Elon Musk @elonmusk]

Built with Grok

[defido 👊⛽️ @defido]

@cavemanloverboy Devs are doing something

[defido 👊⛽️ @defido]

@millw11488 @SolanaSensei @blknoiz06 @mert @vibhu Mert is bald though. How could the ai miss it?

[defido 👊⛽️ @defido]

@elonmusk @chaitu We’re going to get an ai movie at some point

[defido 👊⛽️ @defido]

@alechl_ Buy the dip

[defido 👊⛽️ @defido]

@DailyMail Good. The only actual penalty for such thing.

[defido 👊⛽️ @defido]

@levelsio We’re going to see a full blown cinema quality AI movie from some teenager sometime soon

[defido 👊⛽️ @defido]

Free this man. Ridiculous to think he even has to fight this.

[Roman Storm 🇺🇸 🌪️ @rstormsf]

I hate asking for money. But that’s how the system works.

Legal defense isn’t free, and I need the community’s help to keep fighting.

Please donate, share, or retweet → https://t.co/lx9E4ILDrn

Until this case is dismissed, building DeFi - protocols, UIs, tooling carries real legal risk for everyone in this space. The outcome here affects all of us.

[defido 👊⛽️ @defido]

@MaxResnick Hell if we do that why don't we change name and call it ETH

[Vali | ATH 🇻🇳 @validotxyz]

Heeey @solana_devs it’s done!

https://t.co/ABWBMm3ItA check it out!🫶✨

[defido 👊⛽️ @defido]

@derlys_paola @beeman_nl Happy B'day Bee Bee

[defido 👊⛽️ @defido]

There is a drastically larger deep art scene on eth and cypherpunkers just due to the size and age of it. Solana would benefit massively from this.

[defido 👊⛽️ @defido]

@brimbo_ @0xcarlosg We also have p-token, higher CU limits coming, but yeah too high fees and it hurts growth, too low and the chain doesn't get revenue and burns.

[defido 👊⛽️ @defido]

@HunterBiden @Kenn321705 ayo

[defido 👊⛽️ @defido]

@FabianoSolana oh god

[defido 👊⛽️ @defido]

@0xcarlosg For the pump side, would be happy to see the increase to put that towards network effects

[defido 👊⛽️ @defido]

@grok @imagine OK now that is much better

[Carlos @0xcarlosg]

The more I think about SIMD 547, the more I think people are underestimating its potential impact.

A useful way to understand the proposal is through Solana REV. Real Economic Value (REV) measures the value paid for transaction execution, capturing user demand to transact onchain. On Solana, REV includes in-protocol fees such as base fees and priority fees, as well as out-of-protocol Jito tips.

REV is down more than 90% from its peak. In one sense, that is negative for validator and tokenholder economics. But for an L1, the goal should not be to maximize fees at all costs. Solana’s core value proposition is that it remains cheap enough for users and applications to thrive. The challenge is improving SOL value accrual without undermining the low-cost environment that made Solana attractive in the first place.

This is why SIMD 547 is so clever. Rather than broadly raising Solana’s flat base fee, it introduces a resource-based burn that charges transactions based on the resources they request. The mechanism could monetize higher-resource, more price insensitive users while keeping low-resource, high-frequency activity, such as market maker oracle updates, relatively cheap.

The important distinction is that SIMD 547 would accrue directly to SOL tokenholders through the burn mechanism. Priority fees currently flow to validators and only reach stakers through validator-specific arrangements, while applications and transaction landing services increasingly capture much of the value around transaction execution. As shown in the chart below, application revenue has outpaced Solana REV since late 2023, with the app revenue / REV ratio approaching 5x in recent quarters. SIMD 547 would help capture back some of that leaked value by redirecting a portion of users’ willingness to pay for execution into SOL burn.

Based on our scenario analysis and assuming a SOL price of $75, SIMD 547 could generate roughly $71M to $591M of annualized burn-based REV. The lower end assumes 60M CU blocks, 400ms slots, 80% utilization, and a conservative 0.1 lamport parameter, while the upper end assumes 100M CU blocks, 200ms slots, 80% utilization, and a 0.25 lamport parameter.

To put the magnitude in context, Solana generated roughly $18M of REV in May, or ~$216M annualized. This means the proposed resource-based burn could represent ~33% of current annualized REV in the conservative scenario and more than 2.7x current annualized REV in the higher-capacity scenario. Unlike priority fees, application revenue, or transaction landing revenue, this value would accrue to SOL tokenholders directly through burn, removing those tokens from circulation.

[defido 👊⛽️ @defido]

@SuperteamUSA Damn you’re gonna see some unicorns come out of superteam USA