Loyalty that finally pays back.
First legit protocol verified with Merkle proofs and VRF built on top of @pumpfun
hpDuDwHq4stBnrZDmHWJhJ1zzGjvZxMpAk8BsXLoyaL
$LOYBEK looks good here.
We are already after 52 draws we are about to hit 1% of total supply airdroped for best holders with additional 0.86 SOL.
Currently our fee vault contain 9% of the supply and 1.7 SOL.
Every draw is auditable on website with Tx, VRF and Merkle proofs.
The 9.2% holder is our Fee Vault PDA:
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As you can see on screenshot it's not normal wallet address it's program Id addres that is distributing rewards.
Every $LOYBEK reward it's verified on-chain with Merkle proof.
We added on leaderboard a information how many times one holder win, we saw couple x3 wins!
Congratz to every loyal holder! We will made it!
On the second screenshot you can see how everything is auditable onchain and has proof of begin fair.
$LOYBEK
We shipped new feature, you can basically drop mint of token using for example cashback and recreate it.
All metadata will be copied and you can launch it with enabled $LOYBEK system.
@Pumpfun has not introduced holder-based cashback because the current system is designed to prioritize the house advantage rather than the long-term interests of traders.
The recently announced cashback initiative from @a1lon9 primarily functions as an incentive to direct traders toward the terminal - currently the only environment where reduced trading fees are available.
In practice, these lower fees predominantly benefit bundlers and high-frequency transaction spammers rather than regular market participants.
This dynamic reinforces an uneven playing field within the trenches.
LOYBEK represents a technological step toward restoring balance. It is designed to return control and value back to the community of traders who actively participate in the ecosystem.
We believe that infrastructure which aligns incentives with real holders and traders is essential for the long-term sustainability of the trenches.
Every trencher who cares about the future of this space should support and promote this technology.
We also kindly ask the community to share and circulate our article so that more participants can understand the importance of this shift and the opportunity it represents.
https://t.co/ZhpdRMWQta
We know how important is adoption, that's why we are shipping feature that will allow you, launch a token by mentioning your profile with enabled loybek mechanism which rewarding real holders.
Do you think people will choose cashback for runner or loybek?
*wink wink*