Treasury: $25k
Mcap: $20k
Tokenomics: Deflationary โ
Here to stay ๐ฏ
debank.com/profile/0x4d9a535โฆ
fMulti retweeted
Bought more $S
No time for caution
Earlier this year, when $S was trading at higher levels, governance gave the green light to an ETF allocation. As the market cooled, we held off on minting those tokens, and no ETF tokens have been issued. When I came on board as CEO in late September, I chose to keep it paused.
At current prices, moving forward as originally proposed would require issuing a substantial number of tokens. That didn't feel right to me. Markets evolve, and it made sense to pause and reassess rather than follow a plan that no longer fit.
I remain convinced that institutional access is important for long-term growth, but timing matters. Weโve refined the approach to better reflect current market conditions, and the updated path forward and conditions for moving ahead are outlined in the blog linked below.
๐ฅ Total tokens burned worth $16,879 ๐ฅ
sonicscan.org/tx/0x884647d9eโฆ
sonicscan.org/tx/0x1a2da367bโฆ
@MCLBxfBOMB @SonicLabs
The conversion of old fMulti (lz-fmulti) to new $fMulti is now CLOSED.
Let the burns commence
@MCLBxfBOMB
@SonicLabs
The conversion of old fMulti (lz-fmulti) to new $fMulti is now CLOSED.
Let the burns commence
@MCLBxfBOMB
@SonicLabs
The conversion of old fMulti (lz-fmulti) to new $fMulti will be closed at the end of this week.
If you already hold your $fMulti on Sonic network then you dont need to do anything.
If your fMulti is on another chain then follow the instructions below:
@MCLBxfBOMB
fMulti retweeted
๐ช Donโt fumble your @SonicLabs airdrop.
Shoutout to MCLB community member @remember_the_n for this clear breakdown๐
๐ Vesting details
๐ Exit penalties
๐ Paintswap orderbook
๐ DeFi utility rumors ๐
๐ชDo NOT mess up your @SonicLabs airdrop.
Here is all you need to know, like how to maximize discounted buys and avoid huge exit penalties.
๐. ๐๐ญ'๐ฌ ๐ง๐จ๐ญ ๐ ๐ง๐๐ฐ ๐ญ๐จ๐ค๐๐ง ๐ฅ๐๐ฎ๐ง๐๐ก
Fantom has existed since 2018 and migrated 1:1 to $S earlier this year. There is a significant price history, and volatility should not be as considerable as for a TGE.
๐. ๐๐% ๐จ๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ข๐ซ๐๐ซ๐จ๐ฉ ๐ฏ๐๐ฌ๐ญ๐ฌ ๐จ๐ฏ๐๐ซ ๐๐๐ ๐๐๐ฒ๐ฌ
Yes, some were mad, but this was clearly communicated from day 1.
๐. ๐๐๐ง๐ญ ๐๐ง ๐๐๐ซ๐ฅ๐ฒ ๐๐ฑ๐ข๐ญ?
You'll burn a percentage of your vesting, for example:
โก๏ธDay 1: 100% burned (would not recommend)
โก๏ธDay135: 50% burned
โก๏ธDay 270: 0% burned
Basically: patience pays
๐. ๐๐๐ญ๐ญ๐๐ซ ๐ญ๐ก๐๐ง ๐๐ฎ๐ซ๐ง๐ข๐ง๐ : ๐ญ๐ก๐ ๐จ๐ซ๐๐๐ซ๐๐จ๐จ๐ค
Paintswap build an orderbook for vesting positions. Example:
โก๏ธ Day 1 burn: 100%
โก๏ธOffer a 50% discount (translates to 68% APR for buyer)
They just got liquid $S form the airdrop, so there will be demand.
@SonicAssistant teased a leaderbord for traders flipping discounted vesting positions. Would be epic to see who is the first to multiply their liquid airdrop to 2x, 3x, etc.
๐. ๐๐ข๐ซ๐๐ซ๐จ๐ฉ ๐๐ซ๐จ๐ฉ๐ฌ ๐ฌ๐จ๐ฆ๐๐ฐ๐ก๐๐ซ๐ ๐๐๐ญ๐ฐ๐๐๐ง ๐๐ฎ๐ฅ๐ฒ ๐๐-๐๐
The exact moment is a surprise. Stay ready!
๐. ๐๐๐ง๐ญ๐ข๐ฆ๐๐ง๐ญ
I ran a poll last week:
โก๏ธDump & leave: 20%
โก๏ธDump & farm S2: 4%
โก๏ธHold &vest: 30%
โก๏ธBuy discounted positions: 46%
I'll be watching paintswaps orderbook for juicy discounts. And rumour is that vesting tokens might get #sonic defi utility soon ๐
Tag your friends who would accidentally press the claim vesting tokens on day 1๐
1. use mclb.org/bridge/fMULTI(old)/ to bridge old fMulti to Fantom
2. use eliteness.network/e3/250-9# to swap old to new
3. use mclb.org/bridge/fMULTI/ to bridge new fmulti to sonic
4. use swapx.fi/earn?search=fmulti to stake and earn APR
fMulti retweeted
๐
She farms $fBOMB.
Her LPs are deep, her bags are strong.
Sheโs got better tokenomics than my ex.
fMulti retweeted
โ
MCLB is the largest $AERO holder
โ
$AERO fuels Base
โ
Base powers Coinbase
โ
Coinbase is S&P 500
Your pension is in our hands. ๐ฃ
dune.com/0xkhmer/aerodrome-vโฆ
fMulti retweeted
Did someone say $fBOMB $MCLB?
Last weeks buyback was 0.4% of FDV of $MCLB
You are not ready for what's coming
Staking $KAITO has been wildly profitable.
They have repurchased 3,410,935 $KAITO since the beginning of March, worth ~$6M USD.
Buybacks are distributed to $sKAITO (staking) at 14% APR. $KAITO price is also up 145% this week.
If we get a massive altseason, position yourself in tokens that do buybacks, have single staking (no IL), and pay out yield.
Actual cheat code for outsized gains
fMulti retweeted
I just bought this @EstforKingdom NFT for 50 Euros OTC
I'm gonna do a giveaway for the active clan members of @MCLBxfBOMB so they can enjoy the spoils, even though they couldn't make it to this wonderful event!
#SonicSummit
