@ThalesAlvees@jaconutoshi You do not need to hold $OTC to receive rewards for tokens launched in our launcher.
A portion of token fees are spent to buy-back and burn OTC from the market.
https://t.co/H06L4uUO9L
Best line from @otc_labs today: "revenue is down."
A founder saying that while shipping auto-rewards (no account, no minimum, paid out once you're owed $2).
Same day OTC Desks led Solana NFT volume: 178 SOL, over 2x Mad Lads.
Holding my solana:MukLDtJ8Cx9DxLbeyLRSWPSposTMWuwHANbuaudpump .
Also want to add, this was one of the bigger / longer things time wise due to the entire system needing to be re-worked.
Ton of things I'm working on for OTC, and I'm aware revenue is down from launcher volume decreasing, but there are a ton of things I'm working on / planning, particularly capturing share from GTA.
We will win, we are the everything protocol, let's win.
Rewards Update - 11/12/26
Today we're shipping a full rework of rewards. No token account to open, and every holder's balance is tracked and saved each round.
- Hold the coin. No minimum, nothing to activate.
- Every round your share of the fees is credited to your balance, pro rata to what you hold.
- At $2 it sends automatically.
- Under $2 stays on your balance and carries forward.
- Sell before a payout and what you hadn't been sent goes back to the other holders.
https://t.co/DJ0ziJ7dPs
otc just removed every barrier. no minimum, no account, nothing to activate. hold the coin and get paid. and if you sell early, your unpaid share goes to the people who held. solana:MukLDtJ8Cx9DxLbeyLRSWPSposTMWuwHANbuaudpump @otc_labs
holders kept asking why they weren't getting paid. the dev listened and delivered: no token account needed anymore, otc covers the rent. hold and get paid. this is how you build a community. solana:MukLDtJ8Cx9DxLbeyLRSWPSposTMWuwHANbuaudpump @otc_labs
Today, rewards are getting a major update.
Before:
- You needed an open account, ATA, for the reward token, plus hold at least $20 of the coin.
- No account meant no rewards.
What's Changing:
- No account needed to receive rewards, we cover the rent.
One of the many updates that are coming after hearing user feedback. Update to follow once this is live.
OTC Terminal has a new look 🖥️
New home page, 5 simple menus, same clean design on every page.
72,469 OTC coins and 43,320 SOL paid to holders, tracked live.
👉 https://t.co/oDNPdboeLt
every launchpad lets vamps copy your ticker and split your liquidity. otc just made it impossible, and enforced it at the api, not just the ui. one ticker, one coin. solana:MukLDtJ8Cx9DxLbeyLRSWPSposTMWuwHANbuaudpump
What is Series A?
Series A is a series of updates being made that directly target launch culture in the trenches. It's pretty clear retail has scattered away from crypto and there are a lot of factors to blame.
The goal, and my hope for Series A, is to take in as much TAM as possible and create the most balanced launch / trading environment to give industry leaders ideas of how beneficial these changes can be.
Series A: Anti-Vamp
Today we're releasing one of the first updates in Series A, a series dedicated to fixing launch culture.
A ticker now belongs to the coin that launched with it. Nobody can launch a copy of yours.
Vamping splits liquidity, misleads buyers, and hurts retail. Nothing has ever stopped it, this update is just one of many updates we will be releasing to fix launch culture.
Note: this isn't only enforced in our UI. Our launch API rejects any request carrying a ticker already registered through us.
https://t.co/RspcijhCbe