Kryptonite

[Kryptonite @kryptoniquee]

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Full pépite, branchez vous

[Kryptonite @kryptoniquee]

sur twitter quasi tous les jours mais ça fait longtemps que je ne RT/like plus rien
Sur mon feed y’avait du monad, steady teddys, berachain, magic eden, mitosis

Que des horreurs 😂

[tread.fi @tread_fi]

https://t.co/O9psm32dlS welcomes the Tread Foundation's announcement of $TREAD. Since our founding, We have been guided by a single objective: to democratize the best trading experiences and place them in the hands of as many traders as possible. The Foundation's plans mark the next chapter in that mission, a path toward decentralizing $TREAD and extending genuine participation in the https://t.co/O9psm32dlS ecosystem to the people who use and build upon it.

We would also like to share an update on points seasons. Season 2 will follow once additional token-based utility has been built around $TREAD. In the interim, https://t.co/O9psm32dlS will roll out a new Season 1.5 to include all those who have used https://t.co/O9psm32dlS between the conclusion of Season 1 and the commencement of Season 2.

Season 1.5 will treat the entire interval as a single distinct period and follows a very similar points mechanism established in Season 1. The dashboard will be updated on https://t.co/yiaDO3XgTx accordingly in the coming days.

Further details regarding Season 2 will be shared in due course.

[Kryptonite @kryptoniquee]

@alex_hunter20 @hyperbeat j'espere🤞

il le meriterait tellement si le portugal gagne meme si on sait bien que pour un milieu c'est dur de remporter le BO

[Kryptonite @kryptoniquee]

@alex_hunter20 @hyperbeat je crois vitinha et nuno sont sur toutes les compos mdr
gl bro

[Kryptonite @kryptoniquee]

@alex_hunter20 @hyperbeat ta fait quoi comme compo sur hyperbeat ?

[Alex @alex_hunter20]

You should please stop with that retarded take about the "need" for a hyperliquid:native airdrop

It’s not about whether we "need" it (and spoiler: we do lol) it’s about respecting what the Hyperliquid team stated pre-TGE in their Medium post

That Medium post is, to this day, the only place where you can find information about the tokenomics btw

The team has modified their docs many times this year to add information about new features (HIP-3/4, PM, etc.) yet they still haven’t added the tokenomics to the docs?

So Hyperliquid is known for being one of the only projects that respects its community in an ecosystem full of grifters but suddenly, for absolutely no reason, we should expect them to completely change their tokenomics out of nowhere and fuck their community? LOL

Just a reminder: HL isn’t printing magic internet money out of thin air.
They’re generating revenue from FEES SPENT BY THE COMMUNITY ($1.1B so far btw)

Yes, people use the protocol because it’s the best one.

But what percentage of users are using the protocol natively while burning fees through trading volume they don't really need, just because the tokenomics stated pre-TGE included 38.888% allocated to "future emissions and community rewards"?

Why did Hyperliquid add 4% of the unclaimed supply to those 38.888%?

If the intention was always to burn it, why not allocate it outside of the 38.888%?

Why even call it "community rewards"? lol

Outside of what was stated 1.5 years ago, there’s also something much more important:

We CANNOT let a handful of large players have that much control over the circulating supply.

We’ve seen this many times in the past with Techno, Continue Capital, Loracle etc

For reference, MLM said back in October that Techno held 14.66M hyperliquid:native (worth exactly $1B today).

I don’t know whether he still holds that amount, holds less today or whatever, considering he literally has HUNDREDS of wallets and that’s an insane amount of work to track, but anyway…

14.66M hyperliquid:native currently represents roughly 5% of the circulating supply.

If you add SmartestMoney, who holds at least 8.8M hyperliquid:native ($602M and roughly 3% of the circulating supply), you already have 8% of the circulating supply controlled by just two entities

Now add Hyperliquid Strategies, which holds 22.29M hyperliquid:native, representing another 7.5%

With just those three entities, you’re already at roughly 15.5% of the circulating supply

And that’s not even including whales like Loracle and all the other guys who have been staking millions of hyperliquid:native since day one

By the way, the total amount staked on HyperCore is 430M hyperliquid:native

But out of those 430M, there are 241M hyperliquid:native staked by HyperLabs and 60M hyperliquid:native staked by the Hyperliquid Foundation

That’s 301M hyperliquid:native

So outside of the HL team, there are only 129M hyperliquid:native staked

When you look at all the people controlling 10M+ hyperliquid:native that I mentioned earlier, plus all the whales controlling 1–3M hyperliquid:native, do you still think we should burn most of the remaining 42% allocated to future emissions and community rewards and let the rest of this supply just for staking emissions? lol

In my opinion, that’s not Jeff’s vision of decentralization

We can already see that they’re trying to expand the validator set for that exact reason

That's also why HyperLabs and the Hyperliquid Foundation didn’t vote on the USDH proposal and instead let the community decide

But even then, for the reasons mentioned above, governance can still be heavily influenced by just a few large holders

And in my opinion, that’s exactly what happened with USDH

In retrospect, it was probably the best decision, but for votes of that importance, that’s something that needs to change

So YES, WE NEED another airdrop

Not only to reward the community, which has been expecting another distribution for almost two years based on the stated tokenomics

but also to further decentralize the supply

YES my bag will be impacted by this if people received free money that represents A LOT for them and dump it on the market

But we're not talking just about money here, think bigger instead of being selfish

Hyperliquid.

[SMOLTALK @smoltalk]

https://t.co/uaoEWDrvVk

[Kryptonite @kryptoniquee]

@kumbaya_xyz Gm kumbaya

[Kryptonite @kryptoniquee]

@HyperliquidX House of all finance

[Kryptonite @kryptoniquee]

@Bangers It doesn’t need to be like this

[Kryptonite @kryptoniquee]

@BNBCHAIN GMYR

[Solana @solana]

Hello Wall St.

[Kryptonite @kryptoniquee]

@smoltalk Gm la team

[SMOLTALK @smoltalk]

https://t.co/GueREtzCzf

[Kryptonite @kryptoniquee]

@TheFluffleNFT Mega GM

[SMOLTALK @smoltalk]

OMEGATALK 🐰#4 : PUBLIC SALE LA PLUS ATTENDUE DE L'ANNEE W/ BREAD 🎁 https://t.co/VgcdXcka5s

[SMOLTALK @smoltalk]

Dimanche soir 21h, OMEGATALK d’exception 🐰🎁

Présenté par
@frenchiee @HiPiair @ika_xbt

👉 Avec @0xBreadguy de la team @megaeth 🐇

MegaETH est PARTOUT, les annonces sont 👌, vente publique est lundi
Après ce live, on saura TOUT.

Ps : y aura des cadeaux pour ceux qui
- Like + RT de ce post ❤️🔄
- Follow @smoltalk et @omegatalk_ notre commu dédiée à MegaETH
- Et Activent le rappel 🔔

[Kryptonite @kryptoniquee]

@MargraveJuro @MyriadMarkets 2% ? You placed your bet five minutes before the end of the game, right ?