TradFi once spent $300M blasting fiber through a mountain to shave 1.5ms off a trade.
On Solana, most teams call an RPC node and call it infrastructure.
The real co-location story on Solana looks nothing like what builders think it does. ↓
https://t.co/sWrIbQuFYJ
IM EXCITED TO FINALLY ANNOUNCE @SlabDrop
A protocol where 100% of trading fees from $SLAB are automatically used to rip packs from @phygitals and then redistribute them to token holders
A model that's been seen before but unique in a few major ways to us:
1. We are the first protocol like this ever built on top of Phygitals
2. Phygitals is the only site where slabs can exceed $100,000+ in value
3. This is the only product I've ever launched where I myself launched the token in 6 years of crypto
4. Our LP has dynamic fees on Meteora that allows for competitive fee structures (to incentivize people to LP with us to feemaxx)
5. Fees are only used to pull ONE pack per 30 minutes valued at $250 - $5000 (no small packs!)
And yes, @hydra468 and I bought supply on our doxxd wallets -- we'll be using them for giveaways and other fun stuff (we will never sell this, feel free to track!)
Hydra: 6pMirFRfri28jDMhHKmXLmtLwYPMLek59xDQg3gez2Ao
Ashen: CEQenwAuKRfXGxzHoGzj76EF5LkmZw9FYLSYwhBL3hwT
Proudly built on Phygitals + powered by @solana
CA: 6RXiM7kFbVhqNnS12m8gUjNrvzUdL9kRTsYGJWHEFQTc
To @supersimon77@SuperteamCAN
Just a quick update on the Superteam Canada Member. As you can see, he’s doing great!
@jackalpha_xyz@MikeFraietta
Also, this was on the way back from the Japan Monkes Meetup.
@MonkeDAO thanks for giving us the chance to chat🐒
BREAKING: The ratio of US leading to coincident economic indicators is now down to 0.84, matching the 2008 Financial Crisis low.
This comes as the Leading Economic Index (LEI) fell -0.6% MoM in March, posting its 7th monthly decline out of the last 8.
The Conference Board Leading Economic Index (LEI) tracks forward-looking data, including consumer expectations, manufacturing orders, weekly hours, and initial jobless claims.
At the same time, the Coincident Economic Index (CEI) measures current economic conditions in real time, such as nonfarm payrolls or personal income, excluding government social security or unemployment payments.
This ratio is now on track for its 5th consecutive annual decline, the longest streak on record.
In the past, such depressed levels have never occurred outside of a recession.
The US economy and the stock market are moving in opposite directions.