$LMTS group PNL
Limitless was called as a high RR farm 2 weeks prior to S1 ending.
After identifying the most efficient strategy to farm points, 4 members accumulated 5% of the supply.
Total fees: $5000
Total sold; $529,000
PNL: $524,000
$ASTER group PNL
Cozy DD goes crazy...
Aster was called in our group at 10c, with all active members taking positions between 10-25c and riding upto 70c-$2.
PNL: $1,449,000
$XPL group PNL
Plasma was called as a solid stable farm in our group. Most members deposited size within the first 500m cap raise.
Our average exits were all above $1
Total cost: $0
PNL: $2,404,000
$20k ➝ $1M onchain trading challenge
Monthly update (month 6)
Current challenge PNL - $314,669.85
October PNL - $83,082.55
▓▓▓▓▓▓▓░░░░░░░░░░░░░ 31%
6 months in, been seeing progress, but also making some costly mistakes that have stunned my growth. Most of my tools were Solana focused, so it took me some time to build the same for BNB. Then the meta shifted to Base and I’m just playing catch up at the moment. The only reason for this is my laziness. If I had started building these tools when the market was down, I would have done better. Lesson: be consistent, never complacent.
Network has also been an issue. I’m only in 2 trading groups and have very few connections to elite traders, so I’ve had to learn the hard way through my own lessons and rely heavily on the tools I’ve built. I’ll work on this moving forward, but with most elite traders being in their own fnfs, it’s been a little difficult to reach out.
Execution and vision have also been subpar, something I’m still reviewing. No huge PNLs or wins, just slowly stacking. My strategy has always been high win rate but lower ROI.
Been doing pretty well outside of the challenge, sized into $HYPE and $PUMP at the lows and will continue holding those positions. Also sizing into $META again. I believe the ICM meta is around the corner and I’m positioning myself accordingly.
See y’all next month.
Unpopular opinion post:
On Listing "Fees" (saw this a few times recently)
1. If you are a project complaining about listing airdrops or "fees" (to users),
Don't pay it.
If your project is strong, exchanges will race to list your coin.
If you have to beg an exchange to list, then... You need to ask yourself why, and who is providing value to whom.
2. If you complain about a competitor exchange's listing fees, then by all means, make your own listing fees 0, and be happy.
In fact, why not set all your fees to 0? including trading fees?
In a decentralized world, businesses are free to have their own business models. No one is forcing you to adopt a certain model.
Focus on treating your users well. Don't focus on your competitors.
3. If you are a bag holder of a coin, complain to the project. Not the exchange. Or use a DEX.
4. PancakeSwap doesn't have listing fees, and has very good volumes.
Further on this topic, exchanges adopt different listing models.
1. List everything on every blockchain. Most tokens are scams. Of the real "hard working" projects, most fail. Only a few projects will succeed.
2. Selectively list and make listing fee a revenue source. It's fine business model if you can attractive enough projects to list. Many small exchanges use this model, as they don't have enough trading fee revenue.
3. Selectively list. Ask for Airdrops to users. Security deposits, to make scams and failed projects more expensive to pull off. Protect users.
These models are not black and white, and many exchanges adopt a combination of them between spot listing, futures listing, alpha listing, web3 wallet buys, etc.
Work on your project, not other people. 🙏
Happy all time high to those that celebrate. Thoughts and prayers to the haters and losers that have been calling the top weekly for a year. Please don’t feel so stupid or insecure, it’s not your fault!
A year (and 2 days) ago, I got out of prison and finally left the US.
What a year since then!
We saw the people of U.S. choosing a pro-crypto President and government, influencing policies all around the world.
We saw #BNB reaching All-Time-High after ATH.
We saw #BTC reaching ATH.
We even saw #ETH reaching ATH.
We saw many more developers on @BNBChain and in the larger crypto ecosystem.
We saw US SEC reversing its course of regulation-by-enforcement under new leadership.
We saw the return of utility tokens.
We saw more trading volumes on chain.
We saw more decentralization.
We saw Giggle Academy reaching 50,000 kids (and growing) with free education.
Thank you for your support, and let's continue to build together.
Be on the right side of history! 🙏
if we didn't think the onchain trenches were going to be here for much longer we wouldn't pour all of our blood, sweat & tears into building the world's most disruptive company
creating rails for ANYONE to tokenize ANYTHING & SUCCEEDING was never going to be easy
doubling down.
$STBL turns yield-bearing RWAs into perfect collateral. Mint USST (principal) for DEX/CEX collateral and settlement. Keep YLD (yield rights) to accrue income. Liquidity from USST; returns via YLD, no trade-off between utility and yield.
We’re building with the @stbl_official community - thanks for the feedback.
We begin buybacks in Q4. This is another step toward making STBL a public utility for programmatic capital. Moving closer to our vision of protocol-based treasury buybacks - where 100% of minting fees route to buybacks, driving value accrual to $STBL.
As we launch STBL, here’s what’s shipping next:
1.Multi-Factor Staking
2.Buyback kickoff
3.USST minting kickoff
4.100% fees → buybacks + on-chain logs
Watch this space.
Alpha of the week. 🐺
You can check these funding data for all Pro perp pairs easily here including:
🔸 Real time funding rate
🔸 Funding rate history
🔸 Funding index
🔸 Funding fee comparison vs CEX
➡️ https://t.co/E4Wi5dwux0
My entire feed: Aster, BNB, Aster, BNB, Aster... 😆
Hard change of topic: @GiggleAcademy has more than 2000 free story books, each available in 30+ languages.
Arabic UI coming soon.
Crypto goes up, free education goes up.
Whale 0x734c spent 2M $USDT to buy 1.825M $ASTER at $1.1 in the past hour.
The whale also borrowed another 2M $USDT from #Aave and deposited it into #Aster, likely to purchase more $ASTER.
https://t.co/5Fs0vuFpck