Hey all, been a minute for sure. Hope everyone’s been well, and that you’ve all been living your best lives!
Been nice to get away from socials for a while, touch some grass, smell some flowers, and try to remember and get back in touch with my own best self. I’d highly recommend it!
Let me know how y’all have been doing or just even say hey what’s up dude!
✌🏼
Hey folks! Anybody still around here? The community chat’s gone, or I got kicked and was presumed dead or something haha?
If there’s a new one can I get an invite? Need to learn about Juice and anything else new. Been focused elsewhere touching grass during the shit market, but have held every single token I got…. Thinking about adding too soon tbh.
Just wanted to check in. Hope all the homies and og’ers are staying strong and surviving the doldrums! $NYLA will rise again!
Wanted to write out some thoughts on the larger environment around us
When I started off in this industry there were a few things that made it “important” to both me and the people of my crypto graduating class (2017)
Sovereignty and privacy. I liked the idea that I could be in control not only of my private property but also at the time the anonymity it offered was important to me.
Over the years we have drifted pretty far away from these principles - to the point where the day to day “trenches” are completely unrecognizable to people from my class.
The issue with the current layout is that the skill gap is extremely high - making it effectively impossible for new people to join what they view as the cool kids club without incurring (and potentially always incurring) heavy losses
The trenches isn’t what web3 is about though. Not to me at least. It is a component, like its own smaller universe which is getting a large amount of the on chain activity because it is the most recognizable as a daily check in.
Even BTC has become a number go up product largely due to the introduction of Michael Saylor and the ETFs - and now with the two simultaneous challenges it faces , quantum resistance and privacy it is struggling to tackle both at the same time (will it?) with the motivator to solve this problem being the painful number go down driving force
So it makes perfect sense to me that $ZEC is running and I presume will continue to much more
The Solana problem is a different one - being that why would someone new start playing this game that only favors the old guard
The trenches are much much smaller than you all think. A few thousand daily people at best in current conditions
New people just don’t want to play because the learning curve is too steep. This is actually the same problem games like League of Legends are currently facing
So how do we fix it?
Well.. that’s complicated
For starters the space needs to grow. And there have to be some asset classes beyond the majors that are viewed as safe haven
From there - a subset of the coins used to onboard all these people that have now left probably need to pump (think the giga runners of the 2024 craze)
Because if they don’t then the lasting impression is that Solana community fucked everyone and then laughed it off
So a loss is going to be taken to make that happen on someone’s part. CZ does this occasionally with BNB ecosystem, takes an intentional loss for the benefit of the chain
The two cents here is that we need to
1: return to old values
2: grow the space
3: correct some wrongs
I’ll do my best to position @AgentNyla to assist in this process
Following up on some questions I've received in the past few days about the $NYLA migration.
1. "Do we need to sell now and rebuy the new token" ❌
No, that's not how the migration process works. A migration portal will open where you will deposit current tokens, then when the migration window ends, you will receive back the new tokens at a 1:1 ratio. Supply will be the same on both sides.
The start date for the migration is still pending confirmation from @MigrateFun but it will be near the end of November when we will also release multiple new products and updates.
2. Now, a bit of info about our audited migration partner @MigrateFun and why the community can trust them:
- Audit by one of the top Solana auditing firms https://t.co/t4OnHnuXLH
- The platform has completed 20 migrations since July and migrated over $7M in liquidity. Anyone can look at the results directly on the website.
- You can read the @MigrateFun docs here for a full technical breakdown on the process: https://t.co/dMizVpq015
- Emblem Vault is the parent company to Migratefun and was founded in 2016. They have 9 years of history of building credible products in the industry.
- https://t.co/GQDenX3inL
- https://t.co/aLyRuy8VJd
- https://t.co/bOF11S8qrC
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@shax_btc and I also took video calls with them in advance of moving forward to confirm these guys are legit.
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They are the best migration partner on the market and working with them ensures our whole community can move together.
It also means our team doesn't have to incur the risk of trying to hand code our own migration system or risk a new contract getting sniped.
There is zero doubt this is the best way to perform a smooth migration and on the user's end it will only require a few clicks to participate.
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For any other questions please let us know!
We'll do a spaces and a crystal clear walkthrough article once our date is confirmed.
Thank you!
Emotional day for me especially
If $NYLA is good im good though
I made a promise to all of you to do whatever it takes for her to succeed
At times like this I can shut down entirely and just do what’s best for all of you
Whether that’s product , culture, environment etc
I have gotten to know all of you and can attest to how great you all are as people.
So I will do whatever it takes.
I do want to say thank you to especially @iamkadense and the whole bonk team
These are actually good people who are in a hyper competitive landscape
Also doing what they need to do always
Forgive me for lazy image
But this is exactly what Nyla LP scan ideally finds
Something that will give you a range like this
And alternatively things for high likelihood of more advanced strategies
Will do another space next week now that we have covered the intro “how to” topics
This pool made around 1400$ on 1100$ deposit over 28 ish hours
Nyla ecosystem is building out in an incredible way
Products on every platform
Alpha scanner releasing soon to call out tokens that score well in certain metrics
Makes it a lot easier dig into what might be a high quality project / community
Symbiotic growth tek