pumpologia

A native Bitcoin L1 DEX built on covenants | trade to earn $PAPER

[pumpologia @pumpologia]

A native Bitcoin L1 DEX built on covenants

𝑁𝑜 𝑚𝑢𝑙𝑡𝑖𝑠𝑖𝑔 𝑐𝑢𝑠𝑡𝑜𝑑𝑦.
𝑁𝑜 𝑒𝑥𝑡𝑟𝑎 𝑙𝑎𝑦𝑒𝑟.
𝑁𝑜 𝑡𝑟𝑢𝑠𝑡𝑒𝑑 𝑜𝑝𝑒𝑟𝑎𝑡𝑜𝑟.

Alongside a new set of Bitcoin-native concepts and primitives.

...and 21,000,000 $PAPER waiting to be farmed.

⬛👇

[pumpologia @pumpologia]

The most secured chain ever.

[pumpologia @pumpologia]

We built an immutable peer-to-peer trading protocol on Bitcoin.

As long as one human uses the protocol, it lives.

⬛️ https://t.co/Xf8murMV4o

[pumpologia @pumpologia]

Bitcoin programmability is about state.

Who owns what?
What can it move?
When can it move?
Where can it move?

Covenants let us constrain that next state.

⬛ 𝐷𝑜𝑛'𝑡 𝑏𝑒 𝑙𝑎𝑡𝑒!

[pumpologia @pumpologia]

📊 more stats:

> 20 days since deployment
> 2,933 bitcoin blocks
> 112 winners
> 176 liquidations

D10: −$470.29
D25: −$184.14
D50: −$29.52
D75: +$28.13
D90: +$531.18
D95: +$1,486.64

best trade: +$28,588.44
worst trade: −$2,390.35
average PnL: +$196.54

[pumpologia @pumpologia]

JUST IN: The first 100,000 $PAPER have been minted.

> 727 pumpologia operations
> 61 profitable traders
> 2 users above $10K PnL

⬛ 𝑇𝑟𝑎𝑑𝑒
🟧 𝑀𝑖𝑛𝑡
🏆 All earned through Proof-of-Win.

[pumpologia @pumpologia]

Mint $PAPER
> https://t.co/nn2A7vkzm6

Trade $PAPER
> https://t.co/Y16ita3Swd

[pumpologia @pumpologia]

𝑻𝑯𝑬 𝑴𝑨𝑹𝑲𝑬𝑻𝑷𝑳𝑨𝑪𝑬 𝑰𝑺 𝑶𝑷𝑬𝑵.

> MINT $PAPER
> SEAL $PAPER
> TRADE $PAPER

⬛👇

[pumpologia @pumpologia]

/claim

Claim simply lets you take your sealed $PAPER and claim its token representation on another protocol.

⬛𝑀𝑖𝑛𝑡 → 𝑆𝑒𝑎𝑙 → 𝐶𝑙𝑎𝑖𝑚
🟧𝐶𝑙𝑎𝑖𝑚 → 𝑀𝑎𝑟𝑘𝑒𝑡 → 𝑇𝑟𝑎𝑑𝑒

The first meta-protocol working with us is @Universal_fdn

[pumpologia @pumpologia]

A Bitcoin block is a market.

>Price delta
>Open interest
>Longs/Shorts
>PnL

Then another block comes.
And another.

𝑇ℎ𝑒 𝑚𝑎𝑟𝑘𝑒𝑡 𝑚𝑜𝑣𝑒𝑠.

Welcome to Pumpologia, the first perp DEX on Bitcoin.

[pumpologia @pumpologia]

TradFi markets close every weekend.
DeFi markets run 24/7.

Pumpologia goes one step further:
24/7.
P2P.
Forever.

Perpetual markets, built on the most decentralized settlement layer in the world.

IYKYK, $PAPER on $BITCOIN.

[pumpologia @pumpologia]

Bitcoin has patterns.

Because humans think in round numbers.

>DCA $50
>Send $100
>Buy $1,000
>Move $100,000

...but Bitcoin doesn't know what a dollar is.

⬛👇

[pumpologia @pumpologia]

0.1% of the $PAPER supply has officially been minted.

𝑊𝑒 𝑎𝑐𝑐𝑒𝑙𝑒𝑟𝑎𝑡𝑒.

[pumpologia @pumpologia]

0.04% of the $PAPER supply has officially been minted.

Congrats to every early participant joining what we believe will be one of Bitcoin’s greatest adventures into the next bull run: pumpologia.

𝑊𝑒’𝑟𝑒 𝑗𝑢𝑠𝑡 𝑔𝑒𝑡𝑡𝑖𝑛𝑔 𝑠𝑡𝑎𝑟𝑡𝑒𝑑.

[pumpologia @pumpologia]

0.04% of the $PAPER supply has officially been minted.

Congrats to every early participant joining what we believe will be one of Bitcoin’s greatest adventures into the next bull run: pumpologia.

𝑊𝑒’𝑟𝑒 𝑗𝑢𝑠𝑡 𝑔𝑒𝑡𝑡𝑖𝑛𝑔 𝑠𝑡𝑎𝑟𝑡𝑒𝑑.

[pumpologia @pumpologia]

0.02% of the $PAPER supply has officially been minted ($10M trading volume soon).

Congrats to every early participant joining what we believe will be one of Bitcoin’s greatest adventures into the next bull run: pumpologia.

𝑊𝑒’𝑟𝑒 𝑗𝑢𝑠𝑡 𝑔𝑒𝑡𝑡𝑖𝑛𝑔 𝑠𝑡𝑎𝑟𝑡𝑒𝑑.

[pumpologia @pumpologia]

0.02% of the $PAPER supply has officially been minted ($10M trading volume soon).

Congrats to every early participant joining what we believe will be one of Bitcoin’s greatest adventures into the next bull run: pumpologia.

𝑊𝑒’𝑟𝑒 𝑗𝑢𝑠𝑡 𝑔𝑒𝑡𝑡𝑖𝑛𝑔 𝑠𝑡𝑎𝑟𝑡𝑒𝑑.

[pumpologia @pumpologia]

0.01% of the $PAPER supply has officially been minted.

Congrats to every early participant joining what we believe will be one of Bitcoin’s greatest adventures into the next bull run: pumpologia.

𝑊𝑒’𝑟𝑒 𝑗𝑢𝑠𝑡 𝑔𝑒𝑡𝑡𝑖𝑛𝑔 𝑠𝑡𝑎𝑟𝑡𝑒𝑑.

[pumpologia @pumpologia]

Big thanks to everyone jumping in, testing things and sending us feedback.

We are building.

Join us https://t.co/ghUl1T0vDW

[pumpologia @pumpologia]

0.01% of the $PAPER supply has officially been minted.

Congrats to every early participant joining what we believe will be one of Bitcoin’s greatest adventures into the next bull run: pumpologia.

𝑊𝑒’𝑟𝑒 𝑗𝑢𝑠𝑡 𝑔𝑒𝑡𝑡𝑖𝑛𝑔 𝑠𝑡𝑎𝑟𝑡𝑒𝑑.

[pumpologia @pumpologia]

@SteveSimple @DanielLHinton @laz1m0v We filter arbitrary data like OP_RETURN, witness limits, structural noise, etc.

Then we derive price independently across 5 windows:
6, 12, 36, 48 & 96 blocks and reconcile them into one deterministic mark.

The accuracy we get at every single block remains fascinating.

[pumpologia @pumpologia]

Bitcoin has patterns.

Because humans think in round numbers.

>DCA $50
>Send $100
>Buy $1,000
>Move $100,000

...but Bitcoin doesn't know what a dollar is.

⬛👇

[pumpologia @pumpologia]

We made this possible by significantly expanding upon the foundational work of @DanielLHinton and @SteveSimple and @laz1m0v to engineer a highly specialized real-time Oracle.

[pumpologia @pumpologia]

Modern markets turned speed into an extraction game.

MMs, MEV, Wall Street & Microsecond latency advantages...

None of this makes humans better at valuing assets.

It makes infrastructure better at extracting from humans.

𝑆𝑝𝑒𝑒𝑑 𝑖𝑠 𝑛𝑜𝑡 𝑝𝑟𝑖𝑐𝑒 𝑑𝑖𝑠𝑐𝑜𝑣𝑒𝑟𝑦.