
$cheems is the first real memecoin ever airdropped on solana (inspired from a world famous meme) since may 2021
Cheems Temple
Joined April 2021
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🚨 Breaking: sources say that Kim Jung Un is in a coma after receiving emergency medical treatment in China. This is unconfirmed so far, we will have to wait for additional disclosures.
Totally free meme, use it however you want. Creative Commons license, CC0, do whatever you can imagine. This is the spirit of the Internet!
Market research says our memes need bolder and more vibrant colors and patterns, to communicate novelty and adventure in our brand. Welcome to a brand new dimension of mystery, intrigue and and adventure! It can't be...
Tesla Roadster the future of transportation is here
i absolutely can not wait for this technology in cybercab
The Fifth Element is real life, finally
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Im not sure how to make Doge look like Dr. Gonzo but for some reason Hunter S. Cheemson just feels right
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Brb 1000x longing cheems for the memes
(do not do this lol)
we just launched something pretty interesting under jupiter labs.
introducing YOLO. 500x to 1000x leverage.
yes, 1000x.
we’ve been experimenting with a different approach to high leverage trading, and YOLO is our first attempt at it.
the idea is pretty simple. what if we could let people trade with extremely high leverage, without actually having to execute these massive leveraged positions in the market?
so we took inspiration from the JLP model and built YOLO, where positions are simulated against real market prices, but the profits and losses are real.
this allows us to offer leverage that goes far beyond what we currently have on jupiter perps, using a completely different approach.
of course, this also comes with some tradeoffs.
since profits are paid out from the pool, if there isn’t enough liquidity to pay out a winning position, the payout can be queued instead of being paid immediately.
it’s a different model from traditional perps, with its own risks and limitations, but i think it’s an interesting experiment worth exploring.
one thing i’ve always liked about building onchain is how much room there is to experiment with new financial products and trading experiences.
and that’s also why we’re launching YOLO under jupiter labs. to give ideas like this a place to be tested, without necessarily having to fit into our existing products.
i’m quite excited to see how people use YOLO and what we can learn from it.
it’s still early, and there are probably many things we can improve along the way.
but that’s the fun part of building and experimenting.
give it a try, understand the risks, and let us know what you think.
jup.ag/yolo
let’s go!
why does my feed keep showing me this kind of meme its not real, its totally artificial and manipulated by bots and algos - this kind of thing has to stop
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Few remember that @STONKS_SOL was the literal first memecoin ever to be launched on Solana. Cheems was the second. Here is some stonkslop for our fellow OG 🥂
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