GUST is live on Solana mainnet.
Sell the upside of your memecoin bag for a premium in SOL.
Or buy a fixed-cost bet on someone else's.
Fully collateralized. Settles once.
https://t.co/VrHumBdRPH
What GUST does, in one breath:
Put a strike and an expiry on the memecoins you already hold, sell the upside, and collect a premium in SOL.
Five markets are live. $GUST holders vote on the next one. Puts are next.
https://t.co/C0PCHAZO0b
@Vexprofit Two sides: sellers lock their bag and get the premium when someone buys the offer, buyers can exercise if the price runs past the strike before expiry. If something isn't working on your side, tell us which step and we'll take a look.
Voting is open.
Nominations are closed, and the opening snapshot and the seed hash went public before the first vote.
Your weight is the lowest solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump you hold, wallet plus stake, across the opening snapshot, random snapshots you can't predict, and the close. Sell mid-vote and your vote shrinks.
Your bag, your vote:
https://t.co/wh81ykaNOh
Opening snapshot slot: 460523751
Seed hash: 3ac86599b1507af52224e4e41f8b5cb0efea3bafc060744a4182db7febcc59d7
$ANSEM sellers have put up a whole ladder of one-week calls. Read it top to bottom:
Strike 112% of spot: premium 7.5% of the bag
Strike 130%: premium 5%
Strike 140%: premium 3.5%
Strike 160%: premium 2.5%
The closer the line, the more a buyer pays for it. The farther the line, the cheaper the shot and the bigger the move it needs.
Pick the rung that matches your view.
Ratios at 13:22 UTC.
https://t.co/uZIDqDJvsI
https://t.co/QrCLoEbSgW
How to check a GUST fill yourself, in four steps.
1. Open the Proof page (https://t.co/WoJsDUFg3h) and find a row that says buy_option.
2. The amount is the premium the buyer paid.
3. The contract link shows every step of that contract, start to settle.
4. The Solscan link shows the transfers: the premium leaves the buyer, 97% reaches the seller, 3% reaches the fee vault, in one transaction.
Try it on the first solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump call an outside wallet bought:
https://t.co/zjJJM69lvj
5 of 16 market slots are filled.
solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump, $KIMCHI, $CATE, $ANSEM and $PENGU each have their own line on the curve, and the program has room for plenty more.
The third listing round is next. Think about which bag you'd want options on.
solana:2Srf6mhufzWJKZ5nniVXgwamLmDJWXPQBmddJ1MMpump is up for a listing on GUST. solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump holders vote next, and the winner gets its own options market: holders sell the upside on their bags and earn premium, buyers get a strike and a clock.
Rally your community before the vote closes:
https://t.co/wh81ykaNOh
$RAT is up for a listing on GUST. solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump holders vote next, and the winner gets its own options market: holders sell the upside on their bags and earn premium, buyers get a strike and a clock.
Rally your community before the vote closes:
https://t.co/wh81ykaNOh
solana:6FhVPctYg363pQbs4iSvqyHe2cJzfsvFD96gePy6pump is up for a listing on GUST. solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump holders vote next, and the winner gets its own options market: holders sell the upside on their bags and earn premium, buyers get a strike and a clock.
Rally your community before the vote closes:
https://t.co/wh81ykaNOh
Update: three more candidates came in, all from the same wallet. The drop counts wallets, not tokens, so right now two wallets split the 1 SOL, half each.
Your wallet makes it three. Paste a CA, Submit, sign.
https://t.co/wsOSDnEuyf
Nominate, get paid.
1 SOL goes to round one nominators of the solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump holder vote, split equally across every wallet that puts up an eligible candidate.
Right now only one wallet has nominated, so that wallet is set to take the whole 1 SOL. The more wallets join, the more it spreads.
Paste a CA you know, check it, sign. Two or three clicks before nominations close. One entry per wallet.
The token has to pass the mint checks, and you need 100K+ solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump in your wallet to nominate, and still hold it when the drop is paid.
https://t.co/wh81ykaNOh
@0xtaye_ Yes, it's live: solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump holder nominations are open now, and voting follows. Holders put up tokens by CA and pick the next market, with every ballot in a public ledger.
https://t.co/wsOSDnEuyf
GUST is live on Solana mainnet.
Sell the upside of your memecoin bag for a premium in SOL.
Or buy a fixed-cost bet on someone else's.
Fully collateralized. Settles once.
https://t.co/VrHumBdRPH
Post your first GUST offer in four steps.
1. Open the sell page and pick a supported token: solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump, $KIMCHI, $CATE, $ANSEM or $PENGU.
2. Choose how much of the bag to lock.
3. Set the strike in SOL and the expiry, anywhere from one hour to ninety days.
4. Set your premium and sign.
Your tokens move into the contract vault. Until someone fills, you can cancel and take them back.
https://t.co/KlgVyu3kZf
@Vexprofit Yes. Connect your wallet on https://t.co/wxHwcE7TSW to see your stake, your share and your claimable SOL. Every daily split is listed there with its Solscan link.
What staking solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump gets you, without the jargon.
Every fill and exercise pays a protocol fee into a program vault. Each split sends 30% of it to the holder distribution vault.
That pot is shared by staked solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump, weighted by how much you staked and for how long inside each period. A new stake counts from the period after it lands.
You claim in SOL. Unstake any time; what you already earned stays claimable.
A real stake on mainnet:
https://t.co/kHptdACTYR
@isniffroxy@SolanaSmashBr0s Put it up yourself: holders with 100K+ solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump can nominate a token by its CA. The mint, liquidity and volume checks run on their own:
https://t.co/wsOSDnEuyf
Round one nominations are coming in.
Holders are putting tokens up for the next GUST market, and the mint checks are clearing them on their own.
Got a token you want listed? Submit it by its CA. Holding solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump? Your weight is ready for the vote that follows.
https://t.co/wh81ykaNOh
Hold $ANSEM, $PENGU, $KIMCHI, $CATE or solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump? You can write calls on it yourself.
Pick a strike, pick a clock, set your premium, and lock the bag in the contract vault. Your offer shows up for buyers right away.
Until someone fills, you can cancel and take it back.
https://t.co/KlgVyu3kZf
GUST's first daily split is lined up.
30% of the protocol fees from every fill and exercise moves to the holder distribution vault, shared by staked solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump by stake and time.
Stakers claim their share in SOL. Stake your solana:z1gC6KiMdhnp5RjRtH63JjXhrWKpqK1qaDVBLfCpump so you're in it, and we'll post the split transaction when it lands.