trading on motion just got significantly faster in both modes
after introducing trading fees, our router was adding extra processing time. we went through every execution path, optimized everything, and brought speeds back to pre-fee levels
current execution speeds:
native tokens: ~0.3–0.5s
USDC mode: ~1.1s (+ bridge time if needed)
also a reminder: everyone on motion can trade perps and farm Lighter points directly through our terminal, while seeing active holders and trades from FOMO
the new version of motion is already built and is now being actively tested
no ETA yet. it's a major technical update, and testing, fixing bugs and making sure everything works properly takes time
meanwhile, we keep improving the current version every day
gmgm
building the next version of motion, big updates are coming
meanwhile, we're constantly improving the current version
some users are experiencing issues with email signups due to problems on Privy's side. hopefully resolved soon
join community: https://t.co/ARu6kod2l1
@motiongift@Quicknode the chart drop close to 100k mc you are for sure farming us and the burns are very low they are just 200k tokens a day that comes to $50 max so start actually putting effort to keep your holders you already lost the 1,000 holders we under a thousand start posting and burn more
gmgm, new week 👨🍳
actively working on elysium to bring trading speed up to the level of other terminals and add MEV protection
couldn't really do this before since the chain wasn't publicly live yet
also working on moving motion to a more decentralized infrastructure for better security
work continues every day
@motiongift Brother you have to be active more on X for the sake of your chart you just hit lowest point lower that and terminal at this stage too you have to be consistent and start getting influencers to at least try your terminal
sunday motion update
$MOTION & buybacks
• new revenue analytics showing daily income from token fees, API, LP and trading
• all buybacks, burns and LP additions are now public with onchain tx links
• created the official motion team account on @fomo
https://t.co/WXdj3svQZH
• submitted the form to claim the team tag
trading & charts
• fixed the fake SOL balance error on sells
• improved TP order recovery, no duplicate orders
• fixed chart price and market cap differences
• OHLC and volume now work on smaller screens too
• clearer market, limit and auto-sell orders
wallets & app
• portfolio now shows cash + positions
• rebuilt robinhood transfer history, faster and more reliable
• improved backup, key export and 2FA screens
• trenches resizing is much smoother, around 7x fewer re-renders
• better dev, top 10 and bundler indicators
also hoping next week we'll finally get the android app released and start rolling out the marketing plan i've been working on
tomorrow i'll also share links to the official motion community chats
updated motion manifesto is now live
https://t.co/V7Dth8tZSq
here's how buybacks will work
• 20% of daily MOTION token fees
• 100% of net trading fees from the terminal
• 100% of net API fees
• 100% of membership revenue after costs
all of this goes toward regular $MOTION buybacks
-> 50% of purchased tokens will be burned
-> 50% will go into liquidity
100% of collected LP fees will go back into buying and burning $MOTION after execution costs
and since the terminal has been running at 0% fees until now, i already made the first buyback today
$850k in total trading volume so far
i used 0.2% of that amount ($1,700) to buy $MOTION
half was burned, half added to liquidity
https://t.co/Q4kc4xwHUQ
tomorrow i'll try to make everything even more transparent, with automatic calculations directly in the dashboard
also working on locking the LP while keeping the ability to claim fees for future buybacks. hopefully that's possible
if you hold $MOTION, you'll still be able to trade at 0% fees
i'll share the exact holding requirements tomorrow
trading fees for non-holders will start on november 9
one important thing i want to make clear, and i'm putting this on record right now, at the time of this announcement
right now i'm ready to direct 100% of the platform's eligible net earnings toward $MOTION buybacks, burns and liquidity
this is possible because we've already built up a reserve from token fees
but as motion grows, infrastructure, development and operating costs will grow too
so this percentage may change in the future, just like the platform trading fee and the amount of $MOTION required for 0% trading
i want the growth of motion to directly benefit $MOTION holders
as the platform grows and generates more revenue, more value should flow back into the token
that's the idea behind this model
but motion is also a business, and eventually it needs to generate sustainable revenue to survive and keep growing
i don't want anyone to mistake the current model for a permanent promise
i've always tried to be as honest and transparent with you as possible, and i think everyone understands that
https://t.co/ShORok8NGC
@aramo_r@Curveil_app Nice quick Google Translate stop commenting you keep embarrassing yourself liquidity is not locked burn yes he started 1-2h ago so just shut it shanice