best narrative on solana is:
ansem hackaton: https://t.co/hdnMcH6LZ8
$CLAW AI launchpad (getting some strong bid)
$SQUIRE AI Inference (founder went on Ansem Stream)
Low-cap $PENGXBT & $PUMPRPG (Others?)
Clawpump has 60% of the supply locked approx so circulating is like 3/4M and there is a big wallet twapping into it right now: https://t.co/sjWwOlzs19
Also another catalyst is @solana_ai that has never posted, so the day they post we getting AI szn on sol imo
Been thinking about token buybacks recently.
My very simplistic view is:
if you earn $100 from trading fees and can use them for buybacks, why not instead invest $100 somewhere where it will turn into $200 over time.
The do buybacks with $100, and reinvest the remaining $100 elsewhere (i.e. into the product)
Obviously it's more nuanced than that, but I'm happy to see teams experiment with this approach.
Here's what Clawpump is trying out right now:
i) Clawpump allows anyone to launch tokenized agents
ii) each token launched generates trading fees
iii) trading fees go to the token creator and Clawpump
iv) Clawpump reinvests portion of its fees into the ecosystem, i.e. LPs for promising tokens and/or hoards them to get deeper exposure to its ecosystem (if one of the ecosystem tokens appreciates in price, they directly benefit from it)
v) profits from LPs or strategic reserves flow back into CLAW
You could simply do direct buybacks of CLAW from the trading fees, or you can create an additional flywheel and use the fees to help your ecosystem projects, after which you regain your capital from trading fees and then buy CLAW.
Personally, I'd like to see even higher share of trading fees going into this play (if it proves to be profitable) to amplify the flywheel.
It's time for projects to move beyond basic buybacks and burns.