With the upcoming SOL ETF, we believe that offering a 100% staked SOL ETF using JitoSOL makes the most sense for issuers and investors.
The Jito Foundation wrote a report explaining how JitoSOL can be used in a SOL ETF, answering common questions on structure for issuers!
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Jupiter team deserves to be incentivized.
Token packages quoted are NOT at all unreasonable.
They have built out a large part of Solana DeFi. Their token price and thus “high” comp in $$ is a consequence of how well they’ve executed.
In fact I would argue these numbers for top tier ICs is low given their success. Early employees of unicorn tech companies make upwards of millions because they took on the high risk of failure.
Ask the counterfactual: would you rather have honest builders rewarded tier 1 market comp for finding PMF, or the teams who take fat allos for a thin marketing wrapper around a token?
I've slowed down on reply-guying slop like this because it feels like punching down now
you guys go scale your AWS servers owned by corpo multisigs
we will focus on scaling blockchains
I have some tough pills for you guys
SOL will never be above 150 again
it is going to remain at half the mcap of XRP forever — and the TPS will only go down from here — the 5-6 ETFs being approved rn will also have 0 inflows, forever
sell it all
to me
I’m so happy @KaminoFinance is on SOL.
* Tier1 risk management
* Tier1 reporting about the risks (tysm @y2kappa
for setting new standards here)
* Killer products
* Amazingly helpful crew
The future of SOL DeFI is bright.
I just launched a new free mobile plan for all my crypto friends in the USA, with my company (that I own)
use invite code: HELIUMCEO — I'm serious btw, this is legit
you're welcome
I amaze myself