3 days in and everything has been set-up and running smoothly on our end.
solana:B16n7x6yKbyJMw8caer9y3cXyKdiooMzkwcKZZyr8jXb almost reached 1m in Mcap today, which means that we're totally not under the radar, but still way far from what we believe is the value of what we're building here.
72.000.000 (7.2%) solana:B16n7x6yKbyJMw8caer9y3cXyKdiooMzkwcKZZyr8jXb tokens has been burned where the protocol bought back and burned almost $6,000. (All actions are verifiable on-chain https://t.co/VvG7ak7XH9)
The Leveraged position (5x $SOL Long) paired with solana:B16n7x6yKbyJMw8caer9y3cXyKdiooMzkwcKZZyr8jXb has $7,000 as collateral and total exposure of nearly $35,000. Finally Solana price started picking up and the position is way healthier today and it's awaiting for $SOL price to increase a bit more for TPs to start taking place and to have more buy-backs/burn of supply.
We are the first platform on @Pumpfun that gives users the ability to launch a coin and pair it with a Leveraged positon or pair it a mix of both Leveraged position & Asset airdrops to its holders.
Users already trying our platform to launch their ideas, we've yet had a coin to be a runner other than the main coin of the platform, but it's a matter of time for this to happen as well and we'll gladly explore ways to support the first coins to graduate.
All the ingredients are in place for FUZED to become the main @Pumpfun platform for Leveraged or Mixed pairs and we can't wait for the silly multi-million runners, paired with 10x/15x/25x longs or shorts to start roaming around the place.
Stay solana:B16n7x6yKbyJMw8caer9y3cXyKdiooMzkwcKZZyr8jXb π£π
@Samualxyz@Pumpfun Our website is up and working normally, we haven't had downtime since the platform launched. Can you show us what's popping on your end?
A quick update for the new holders.
FUZED is a platform that currently offers 3 modes to deploy coins on @Pumpfun.
1) Paired with a Leveraged position (or multiple positions), where the biggest part from @Pumpfun creator rewards go towards the Long or Short position selected at the launch page, and most of the profits from the leveraged trade go towards buying and burning supply of the coin. Part of the creator rewards also buy-back and burn supply of the coin directly, creating a flywheel effect.
2) Paired with an asset (or multiple assets) where the creator rewards buy and airdrop the selected to the holders proportionally to their holdings.
3) Mixed Mode, where you can deploy a @Pumpfun coin that does both. Creator Rewards go for both opening a Long/Short position to create the flywheel effect AND buy/airdrop a selected asset to the users.
Stay solana:B16n7x6yKbyJMw8caer9y3cXyKdiooMzkwcKZZyr8jXb and don't get confuzed π£π
They tryna ignore it, but not long until runners paired with Leveraged or Mixed positions start spawning out from FUZED and this becomes the meta.
We keep on grinding behind the scenes.
Stay solana:B16n7x6yKbyJMw8caer9y3cXyKdiooMzkwcKZZyr8jXb π£
Caffeine has entered the system and ready for another long day building the greatest launchpad for @Pumpfun coins paired with everything.
@world_xyz has finally re-opened their doors and we're looking to build and introduce something innovative to pair coins with markets through their platform.
A few ideas on the table, we're exploring which ones make sense and are feasible. We'll come back to that with an update and proposals.
Still working on improving the UI/UX and the information display on our platform.
New markets are now added live, the moment @PhoenixTrade lists them on their side.
Meanwhile, 7% of the total solana:B16n7x6yKbyJMw8caer9y3cXyKdiooMzkwcKZZyr8jXb supply has been burned, the protocol has used $3,650 for buy-backs and burn.
The Leveraged position paired with solana:B16n7x6yKbyJMw8caer9y3cXyKdiooMzkwcKZZyr8jXb has nearly $5,000 in collateral and total exposure of $14,000 with the trade currently being down around $530 due to $SOL price falling (@solana please long your longs and pump it, thank you)
Stay fuzed π£π
Why pair a coin only with a stock, when you can also pair it with a Leveraged position? π€
With FUZED Mixed mode, users can deploy @Pumpfun coins paired with both.
Holders receive the paired stock directly to their wallets and a flywheel effect is being created by having the coin paired with a Leveraged position that's buying & burning supply of the coin, using the profits generated from the Leveraged position.
It's just a matter of time for this to become the meta.
$FUZED
@world_xyz Donβt know why we were expecting for this to be online while being fully aware that @world_xyz been baiting us all over the past few months π€£
To give users a better understanding about how pairing a coin through solana:B16n7x6yKbyJMw8caer9y3cXyKdiooMzkwcKZZyr8jXb with a leveraged position works, together with the defense mechanism that protects the exposure and the amount invested.
Every coin deployed through our platform, paired with a leveraged position (or multiple leveraged positions) uses @Pumpfun's creator rewards to open the position through @PhoenixTrade. So what happens when the trade goes against it and how the position is protected?
While the trade and the position is healthy, the coin's fees simply grow the position. The percentage of the Creator Rewards collected that is to allocate to the position, goes in as margin and the position scales up alongside it, at the same leverage it started with.
The moment the trade turns losing, that flips. The fees still go in, but the position stops growing. The money lands as pure cushion behind a bet that is no longer getting bigger, so the leverage falls and the price that would wipe it out moves further out of reach.
The position de-risks itself when it is losing. And it will not go back to full size until the trade gets healthy again.
Each coin's position is walled off on its own. A bad trade on one coin cannot touch another coin's creator reward, its burn reserve, or what is owed to holders.
Once the position stats getting healthier, the fees that go into the trade, re-leveraging it up to the pre-selected leverage multiplier.
There is no emergency exit. Leverage is still leverage. But the worse the trade goes, the harder the coin's own creator rewards fights back.
There's no stop loss, no panic close. Leverage is still leverage. If the trade goes extremely bad and the paired asset goes hardly against the position, reaching it's liquidation levels, the position gets liquidated and re-opens again at the same market, direction and leverage multiplier with the new creator rewards that flow in from the coin's own volume.
This is the mechanism that protects the rewards earned through each coin's trading volume from being lost.