@sjdedic Sometimes i have a really hard time fathoming how youre heading a vc fund. Then sometimes, you surprise me, but this is not one of those times
@sjdedic Its literally the shortest one for now (unless youre counting the one year that btc, sol and memes went up while all the rest were going down already)
.@fomoscansh just leaked fomo’s KOL deals
and honestly, it’s genius... (at least for KOLs and fomo):
top KOLs like Frank earn up to 50% of all fees generated by their referrals
E.g., a user makes a $5,000 trade and pays $25 in fees. Frank gets $12.5
On every single trade
Just 200 referrals currently make him $20K/month
Now imagine referring 1,000 users...
Mattertrades, after making several millions in demo money and retiring from trading, has decided to long Fartcoin with 10x leverage
Position size....85k
All in
This is what peak retirement looks like
hey GTE, don't think this is supposed to be publicly accessible
https://t.co/bS954OJ9AR
tldr: GTE, together with Ethena and Zero (LayerZero's blockchain), want to build a competitor to Hyperliquid and its HIP-3 markets, and in this doc GTE are eyeing something like $500M in annual revenue (roughly 7x what trade xyz makes today)
not to mention inflation is way too high for a 6 year old protocol, it should be lowered.. 300m $GRT each year is just too much
Nick as head of the foundation is really doing an awesome job destroying this protocol completely
nicely hidden GIP in there, https://t.co/zjL8yvkoYg
you want 20% of all protocol rewards, 63m GRT/1m USD per year to what, continue to dump on us and enjoy high salaries? FUCK NO
Earlier this year, The Graph Foundation published the Technical Roadmap, Part 1 of a two-part series on the future of The Graph.
Here’s Part 2: the official announcement of the Foundation’s new mandate, and how the Foundation will bring that roadmap to life.
https://t.co/zw9ok1SnH1
at the very least. you should publicly disclose where this money will go before anyone should even consider voting yes on this (that includes salaries which im sure are most of the budget)
most of CT forgets that an extra $100/wk for 99% of the world meaningfully changes their lives
the jump from no disposable income -> disposable income is arguably greater than $10k -> $100k in savings