Todayโs Lesson:
How the studs @banx_gg created a Risk-Adjustable NFTfi experience that accommodates everyone on the risk curve.
They have achieved this with:
๐ขVariable LTV/APR loans
๐ขRepayment calls
๐ขUSDC Loans
๐ขbanxSOL sanctum integration
Lets dive in! ๐งต๐
๐ซฐ REVENUE DISTRIBUTION - WEEK 40 ๐ฐ
๐๏ธ Accrual Period: March 25 to April 1 (congestion)
๐ธ Bought back 15.8M $BANX with 36 $SOL
๐ค Claimed by stakers: 10.4M $BANX (66%)
This week, stakers received 16.2 $BANX per partner point!
โ๏ธ GM TOKENOMANIACS โ๏ธ
You have one job today: SEND IT!
And by IT, I mean $BANX. $BANX mfers.
So let me hit you with the deets:
Tha $BANX CA (Contract Address) is
BANXbTpN8U2cU41FjPxe2Ti37PiT5cCxLUKDQZuJeMMR
๐งต 1/6 ๐
You have been heard:
The Jupiter Core Working Group has integrated your Launchpad feedback, based on the results of the first round.
Step by Step we will build the best DAO processes in web3, together.
๐
...If you like volatility, you're gonna love the
๐ฅ$๐๐๐ก๐ซ ๐๐จ๐๐ ๐๐๐๐๐ก ๐๐๐จ๐ก๐๐๐ฅ
At the ๐ต๐ถ๐ด๐ต๐ฒ๐๐ ๐ฝ๐ผ๐๐๐ถ๐ฏ๐น๐ฒ ๐ฐ๐ถ๐ฟ๐ฐ๐๐น๐ฎ๐๐ถ๐ป๐ด ๐๐๐ฝ๐ฝ๐น๐, ๐น๐ผ๐๐ฒ๐๐ ๐ฝ๐ผ๐๐๐ถ๐ฏ๐น๐ฒ ๐บ๐ฐ๐ฎ๐ฝ.
On @MeteoraAG ๐๐๐ ๐ . In March
๐...read on gem huntooorsโฆ๐
The time has come. It's set in stone.
It's fun. It's fair. It's...
๐ง๐๐ $๐๐๐ก๐ซ ๐ฅ๐จ๐ก
Strap in mfers, WE'RE GOING TO ONE TRILLION
Deets ๐
Reason 3๏ธโฃ is our tokenomics are crystal clear, fair, and healthy af.
Safe from low float and shady unlocks.
Solid tokenomics. Hard to overstate the importance of this ๐
https://t.co/khMBaD1ZdW
NEW: @JupiterExchange LFG LAUNCHPAD CANDIDATE @banx_gg ROLLS OUT 1ST JUP "BRIBING PROTOCOL" - 1. USE $JUP TO VOTE FOR BANX; 2. JOIN BANX POT ON CATNIP WEBSITE; 3. "GET EXTRA $BANX REWARDS, ON TOP OF YOUR REGULAR JUP VOTING REWARDS"; 4. "...IF BANX WINS, YOU GET EVEN MOAR REWARDS"
JUPITER LFG VOTE IS LIVE ๐ฅ๐
1โฃ Stake your $JUP and vote for Banx ASAP on https://t.co/RwbIXkgB4W
2โฃ Join the Banx pot for extra $BANX rewards on https://t.co/lBudIaijEN
๐ฆ๐บ๐ฎ๐ฟ๐ ๐๐ฎ๐๐ ๐ฉ๐ผ๐๐ฒ ๐๐ฎ๐ป๐ !
Are you bullish enough on Banx? Not even close.
So sit down and relax, while I hit you w/ the Alpha thread:
Reason 1๏ธโฃ to be omega-bullish on Banx: we made this clip, and it's dope af.
We meme = we rule. Max that sound and watch it now ๐
๐ฆ๐บ๐ฎ๐ฟ๐ ๐๐ฎ๐๐ ๐ฉ๐ผ๐๐ฒ ๐๐ฎ๐ป๐ !
Are you bullish enough on Banx? Not even close.
So sit down and relax, while I hit you w/ the Alpha thread:
Reason 1๏ธโฃ to be omega-bullish on Banx: we made this clip, and it's dope af.
We meme = we rule. Max that sound and watch it now ๐
Here are the 5 key points you need to know about Jupiter's upcoming Launchpad Vote:
1โฃ The LFG Process
Over 20 projects applied through the forum, with 6 reaching the candidacy stage so far โ culminating in next week's DAO vote.
2โฃ The Vote
Each DAO member will choose their preferred candidate, with the top 2 becoming "approved" for launch.
Any project that is not selected will still be able participate in future votes.
3โฃ Alignment from Design
Moving the vote away from a binary yes/no fundamentally changes the type of decision made since there are only 2 slots per month.
Additionally, with the DAO receiving 0.75% of fees and a minimum vesting period of 3-6 months โ voters are likely to choose what they think has long-term value.
4โฃ Role of the Core Work Group(CWG)
Instead of forcing the community to exhaustively evaluate each project from start to end, the CWG provides the DAO with high-density information.
This is achieved by facilitating projects through the introduction process all the way to their formal AMA.
As time moves on, this will become more of a collaboration as catdet feedback is continuously incorporated into the process.
5โฃ The LFG Ethos
The ethos of the LFG Launchpad is one of community co-creation and iteration.
At each stage, the open nature of the process ensures that information is shared freely between the projects, the Core Work Group, and the DAO โ allowing feedback to reach the proper channels.
Banx is ๐๐ต๐ฒ ๐ผ๐ป๐น๐ ๐ฝ๐ฒ๐ฟ๐ฝ๐ฒ๐๐๐ฎ๐น NFT borrowing and lending protocol on Solana.
Not 3 days, not 7 days. Perpetual.
Because the future is perpetual, perpetual AF.
So follow closely. It's almost time to vote for a better future.
Deets below ๐
https://t.co/UNxOzz1XYc
Thank you Emmy for showering me with 2,500 Diamonds and getting me to shamelessly tweet this out. If you're a Solana OG head to https://t.co/p9m9sFuKeW to claim the Diamonds you've earned