PerpetualDEGENmachine

Me? I'm just looking around

Hanging out at @10b57e6da0 🦞;
@thesaberdao revivoor;
LPing at @MeteoraAG;
There's no other meme like @wobbo_sol.

[PerpetualDEGENmachine @icebeaver_sol]

Me giveth THREE MILLION WOBBO! Aye, THREE MILLION shiny WOBBO coins to THREE cunning, crafty artists what makes the BESTEST Wobbo fanarts for this mighty, growin' Wobbo horde!

1/3

[PerpetualDEGENmachine @icebeaver_sol]

@DimirUB This looks actually better than the serialized version imo

[Samoth @samoth_ai]

I love using Obsidian @obsdmd , but I always wanted to actually talk to my vault, ask questions across my own notes and docs. I just didn't want to hand any of that to a cloud AI, I wanted it fully local.

So I built this. It runs on a local model with @qvac , nothing ever leaves your machine.

Ask a question, get an answer grounded in your own notes with clickable citations.

Semantic search, related notes, and you can even fine-tune a small model on your own writing so it answers in your style.

[PerpetualDEGENmachine @icebeaver_sol]

@MTGSecretLair Got mine! Looking forward to enjoying the format!

[PerpetualDEGENmachine @icebeaver_sol]

Once the price became more stable, I opted into a smaller range with a curve-like structure. This allowed me to capture volumes better and be more aligned with vol dynamics.

[PerpetualDEGENmachine @icebeaver_sol]

An additional hour of lping @avici ICO on @MeteoraAG gave a pretty good risk-adjusted return. Here's a smol breakdown.

[PerpetualDEGENmachine @icebeaver_sol]

To begin with, I used pretty much the default spot bin setup for 0.5 pool given most volume was going into it. Given the price discovery in the early stage, that was the best option for me. Liq distribution suggested once price declines, there's more liq to support the price.

[PerpetualDEGENmachine @icebeaver_sol]

I just backed Avici on MetaDAO:
https://t.co/F5gJIteJpf

[Trapman1 @Trapman1_1]

We applied to @icmdotrun on https://t.co/oUjm8MaM4b

Building a normie-friendly tipping platform that bridges Web2 /Web3 for creators - @gobar_protocol.

Shoutout @7VoMercy for the ICM push. $ICM fam is gold

[Irfan @iirfan]

here is a small list of 50 apps built by solana devs that are doing something no one else in any other ecosystem is

1. @MetaDAOProject
2. @daosdotfun
3. @moolah
4. @dReaderApp
5. @moonwalkfitness
6. @elizaOS
7. @NousResearch
8. @getcode
10. @sphere
11. @send_arcade
12. @moonshot
13. @fusewallet
14. @blinks_gg
15. @drip_haus
16. @sanctumso
17. @TipLinkOfficial
18. @chompdotgames
19. @NetrunnerTax
20. @SuperteamEarn
21. @gib_work
22. @dp_proto
23. @gib_cash
24. @playonshaga
25. @SlingMoney
26. @sendaifun
27. @koshmoney
28. @rendernetwork
29. @helium
30. @Hivemapper
31. @KAST_official
32. @perena
33. @pipenetwork
34. @saydialect
35. @PulseNoLimits
36. @SayEchooo
37. @OREsupply
38. @staratlas
39. @photofinishgame
40. @Stepnofficial
41. @ionet
42. @DabbaNetwork
43. @helio_pay
44. @JoinOnly1
45. @Sollinked_com
46. @AccessProtocol
47. @audius
48. @AIWayfinder
49. @griffaindotcom
50. @magicblock

and the list is never ending.....

[toly 🇺🇸 @toly]

This is an awesome outcome and was my dream for stake pools.

We need LSTs to be used as collateral in DeFi, and for those DeFi apps to give feedback to the LSTs on what kind of validators are best for DeFi.

If this loop works I have no worries about long term ecosystem alignment. Collecting accurate data is the key problem to solve.

[mtndao 🗻 @mtndao]

The $MTN sale is now live on @MetaDAOProject.

The only official links are the ones posted by this @mtndao account directly below this tweet.

[Arnaud Bertrand @RnaudBertrand]

To illustrate just how nonsensically these tariffs were calculated, take the example of Lesotho, one of the poorest countries in Africa with just $2.4 billion in annual GDP, which is being struck with a 50% tariff rate under the Trump plan, the highest rate among all countries on the list.

Why? Does Lesotho apply extortionate tariffs on U.S. products and the U.S. is merely being "reciprocal" here? Not at all, despite what Trump is saying, it's NOT the way these tariffs are defined.

As a matter of fact Lesotho, as a member of the Southern African Customs Union (SACU), applies the common external tariff structure established by this regional trade bloc.

Which means it applies the same tariffs on U.S. products as South Africa does, as well as the 3 other members of the bloc: Namibia, Eswatini and Botswana.

So since the tariffs charged by these 5 countries on U.S. products are exactly the same, they must all be struck with a 50% tariff rate by the U.S., right? Not at all: South Africa is getting 30%, Namibia 21%, Botswana 37% and Eswatini just 10%, the lowest rate possible among all countries.

So what gives? Again, the way these tariffs are calculated has absolutely zero relationship with actual tariffs imposed by these countries on U.S. products. Instead, they appear to be simply derived from trade deficit calculations.

Looking at Lesotho specifically, every year the U.S. imports approximately $236 million in goods from Lesotho (primarily diamonds, textiles and apparel) while exporting only about $7 million worth of goods to Lesotho (https://t.co/uHvem6nH2o).

Why do they export so little? Again this is an extremely poor country where 56.2% of the population lives with less than $3.65 a day (https://t.co/GEho8xFjAp), i.e. $1,300 a year. They simply can't afford U.S. products, no-one is going to buy an iPhone or a Tesla on that sort of income...

The way the tariffs are ACTUALLY calculated appears to be based on a simplistic and economically senseless formula: you take the trade deficit the U.S. has with a country, divide it by that country's exports to the U.S and declare this - falsely - "the tariff they charge on the U.S."

And then as Trump did in his speech last night, you magnanimously declare that you'll only "reciprocate" by charging half that "tariff" on them.

As such, for Lesotho, the calculation goes like this: ($236M - $7M)/$235M = 97%. That's the "tariff" Lesotho is deemed to charge this U.S. and half of that, i.e. roughly 50% is what the U.S. "reciprocates" with.

It's extremely easy to see why this makes no sense at all.

First of all, there's nothing Lesotho can do about it: they can't change tariffs they allegedly charge the U.S. to reduce the tariff rate the U.S. "reciprocates" with because, again, it's NOT based on any tariff that they charge.

Similarly they can't do much about reducing the trade deficit they have with the U.S. because, again, they simply don't have enough money to buy U.S. products.

Also the main rational Trump gave for the tariffs is to get production back to the U.S., to "bring manufacturing back". 47.3% of Lesotho's exports are diamonds: how do you bring the "manufacturing" of that "back to the U.S."? Anyone can see it makes just about zero sense.

The Lesotho example exposes the fundamental economic incoherence of these tariffs. Rather than addressing actual trade barriers, they punish countries based on trade deficits that arise from structural economic realities. All the more countries like Lesotho which pose zero competitive threat to American industry.

Worse yet, these tariffs will likely make these structural realities even worse: the U.S. is Lesotho's second most important export destination so it's a fair bet that applying 50% tariffs on their products will make people in Lesotho even poorer, and therefore even LESS able to afford U.S. products.

But perhaps the most unfair and detrimental aspect of all this is that these tariffs represent a complete reversal of longstanding U.S. development policy, and therefore a betrayal of countries - like Lesotho - who chose to follow U.S. advice in the past.

For decades the U.S. has used preferential trade access to encourage economic development in the world's poorest nations, recognizing that trade, not just aid, could get them out of poverty and ultimately put them in a position where they too could afford iPhones or Tesla.

They're now effectively penalizing countries for following previous U.S. policy, a lesson which I bet they won't forget anytime soon.

So all in all the irony is painful: in the name of fighting unfair trade, America has just demonstrated what truly unfair trade looks like.

This isn't something designed to address genuine trade issues, but simply a mechanism based on arbitrary math to punish countries for the affront of selling more to the United States than they buy.

[Wobbo @Wobbo_sol]

@RuggaCalls grab a bag of wobbo and hold to millions

[benchow.sol @hellochow]

All things Meteora are heating up! We've received the 25% grant from the @WEAREM3M3_ team 🔥

The grant will be held in a multisig held by the Meteora team: B96rMexk4Ur39nuWKc3gr1ruE2iKPaJyW66VJqdztuGm

We're working with them on some airdrops that will:

- Utilize the upcoming (3,3) scoring
- grow the M3M3 community of pumpers that include the LP army, $M3M3 holders, potentially the JUP DAO, and more
- Give back to the Solana community in more unique ways.

PPP is here.

[None @NoneHallie]

Heeeeeyo ✨✨✨

Time to spill the tea about Wobbo and where we're heading. Buckle up for a thread that'll answer all your burning questions + some of my thoughts on our current sitch and future plans

👇

[Wobbo @Wobbo_sol]

SHOW US THE MOOOOOOON ✨

[Meteora @MeteoraAG]

No more manual bin adjustments or price recalculations; just slide it.

We've added a Liquidity Ratio Slider on https://t.co/nd1NdYSVyq — you can now adjust the distribution of liquidity between your assets while keeping the number of bins unchanged.

Try it out — we’d love to know what you think!

[Wobbo @Wobbo_sol]

the soon.

[Wobbo @Wobbo_sol]

W - MEAN WOBBO ✂️