Staking is live.
Lock SUMMIT for one to thirty days, get paid in AVAX. 114% APY at the longest lock right now.
The pool is open with 277 AVAX in it, funded from our share of trading fees.
CA: 0xe508ff190ce1d94edd1a28256eaeedfab7cc2222
https://t.co/6yCvUPLGOR
Every token launched on Summit lands on https://t.co/vlKl99V78A tagged SUMMIT, with its image and its socials already in place.
That tag is our factory. It means the contract came out of ours: no owner, no mint, no blacklist, no tax, and the whole supply locked as liquidity.
You can now launch a token paired to a stock on Summit.
Apple, Amazon, Circle, Alphabet, Meta, Microsoft, Nvidia, SpaceX, S&P 500, Tesla, Oil.
Your holders earn fees in the stock you paired with.
https://t.co/dchH8zYRAe
0xe508ff190ce1d94edd1a28256eaeedfab7cc2222
@cyptotug The platform flywheel hasnโt even started yet.
30% of protocol fees will be allocated to staking rewards for holders.
30% will go toward a system designed to reward diamond hands.
40% will be allocated to the team.
More details on the full mechanism soon.
Summit update:
Pharaoh is now a launch venue. Pick Uniswap V4 or Pharaoh when you create a token.
Same locked supply, same fee split, same @summitpad X handle payouts.
CA: 0xe508ff190ce1d94edd1a28256eaeedfab7cc2222
Also live:
- every buy and sell scrolling across the top of the site, with the wallet behind each one
- connect any wallet directly, no account needed
- 15 pairing assets on both venues, including the ones with no Uniswap route
Launch at https://t.co/dchH8zYRAe
This also unlocks pairs that were impossible before.
KET sits at 0xFFFF003a. Uniswap V4 needs a token address that
sorts above its pair, and there's almost nothing left up there,
so mining one took 268 million tries.
Pharaoh takes either side. Same launch, 4,096 tries. Instant
Summit has a traders page.
Every wallet that has touched $SUMMIT, ranked from the trades themselves. Top volume, best PnL, diamond hands, and yes, jeets.
https://t.co/4pXeN6dEHd
This page is the start.
A lot is coming around the leaderboard, and around diamond hands in particular.
Stay on the board.
CA: 0xe508ff190ce1d94edd1a28256eaeedfab7cc2222
Also live:
Launches that clear $40k get pinned at the top of the board, and stay there even if they come back down.
New pairs: KET, NOCHILL, WOLFI. Your token does not have to trade against AVAX.
Starting tomorrow, launches will be available across multiple DEXs, youโll be able to choose where you want to launch.
And as soon as liquidity is added for stocks on Avalanche, youโll also be able to pair your tokens directly with RWA stocks.
More options. More flexibility ๐บ
Summit is 3 hours old.
42 tokens launched
$648k traded
3,784 trades
$7.3k in fees
70% of every fee goes to the creator, paid in the asset they paired with. Ten tokens so far picked something other than AVAX: BTC.b, WETH.e, LINK.e, USDC, JOE, COQ.
https://t.co/dchH8zYRAe
Every Summit contract is now verified on Snowtrace and Snowscan.
Every token launched through Summit verifies itself too, seconds after it exists.
CA: 0xe508ff190ce1d94edd1a28256eaeedfab7cc2222
https://t.co/hPttXg5sCD