i track your twitter - twitter tracker in TG below ally of the people. ideas guy.
heaven
Joined August 2021
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read the @squeekchain whitepaper by @pillheadddd
it reminds me of @standard_rsv, except the mining is powered by a hamster running on a wheel
some notes:
there will be 9,999 squeeks (NFTs), of which 8,888 will be sold to the community
you can:
1. hold the NFT in your wallet, but earn no SQK
2. stake your Squeek (NFT) to start earning a share of newly minted SQK based on its power (1,000 at level 1)
3. stake additional SQK to increase your total earning power, with your NFTs acting as multipliers
4. merge two Squeeks into a higher level one, burning one NFT but gaining 10% more base power than the two combined, which makes every staked SQK more effective
all in all a cool speculative protocol. the hamster literally controls token issuance. when it stops running, new blocks stop being mined
interesting to see how this plays out
SQUEEK ON @squeekchain
toy blockchain powered by a real hamster.
THE THESIS IS HAMSTER!
squeekchain.com/genesis/i/wr…
and @standard_rsv will 100x in the next 6 months
blees retweeted
"imagine you take a stock token and make it programmable, like software, what can you do?" - vlad
i discuss in the paper below what i believe is a genuinely new financial primitive that is now only possible because of stock tokenization
i present, Isolated Exposure Tokens
blees retweeted
it was brought to my attention that a token launched on standard's launchpad was removed from pumpfun's competition for "bundling" because 80% of its supply sits in one place
i want to clarify what this actually is, and why its the complete opposite of a bundle and actually a beneficial mechanism
first, what a bundle is: a deployer buys most of the supply across multiple wallets at launch, hides that theyre connected, waits for buyers, then dumps on them (or in the *optimistic* case, uses them for "supply control"). bundles are opaque and hide a token's real float
standard's launchpad lets deployers do what's called a "charter drop" which is the complete opposite of a bundle:
- charters are nfts held by participants in the @standard_rsv ecosystem. each holder has spent over 3 eth to join the protocol, and they've proven to be aligned, long term supporters of the projects they like
- deployers can choose to airdrop a percentage of supply (up to 80%) to charter holders. these tokens are locked in a vault contract, and charter holders cant access them unless they BURN their charter
- the airdrop isnt controlled by the deployer. the tokens sit in a single public contract, 0xb8748E02f07dd80F1DB99A49F92546B2210D844d, with no admin key and no owner withdrawal
- nothing is hidden. anyone can verify the mechanism and lock onchain, which is the opposite of a hidden bundle
- charter drops cant be dumped instantly. the tokens are split across every charter holder, not one wallet, and holders only receive their share by burning their charter. it's a public token lock with a real cost to unlock, not free supply ready to hit the market
were glad bundled tokens are being policed, but if this counts as a bundle, we'd urge you to look at the majority of the other tokens in this competition
as a side not, over 4M USD of tokens has been airdropped to charters and we've seen less than 5 charter burn to receive the airdropped tokens
since we're on the topic anyway, let's talk about market cap versus liquidity on charter drop tokens. dashboards count the locked 80% in market cap, so the market cap to liquidity ratio looks thin
but, measured against tradable supply, the pool is deeper than on other launchpad tokens since the same amount of liquidity supports a much smaller float, because most of the supply is locked. treating locked supply as tradable gives a misleading ratio
with how popular social trading and platforms are this seems logical
i do not see the vision, i dont see how perps or trading in general is dominated by aligning with social media platforms
the only thing that brings people in is big PNLs, giving a false sense of the premise
honestly robinhood eco and uniswap fixes this
these people dont understand what uniswap v4 even does or how crypto stocks work on robinhood so it is a good filter
crypto went from giga chads like GCR making tens of millions shorting LUNA and betting against FTX while staying completely anonymous
to a bunch of low aura, chronically online KOLs with the most punchable faces imaginable being worshipped like they're the greatest traders alive
what the fuck happened to this space?
reminds of a @brutedeforce post that the scoreboard is for the audience
being fully immersed in an activity is which brings out the best of you
can check the scoreboard after the game, but in life the game never ends
this is on one charter ($1.4K)
i dont think people realize how wild @standard_rsv is going to get
banking is the future, lead by robinhood:0x88ad8ddf1e3898412146a534538d418c6f8a9062
extreme respect to beans for covering the burn from their own personal assets
although i dont agree with the decision, imo its all on the people who clearly did not read docs
still we move forward, peanuts compared to what is possible
ai is truly expanding the limits of human possibilties
a great age is upon us the likes of the renaissance and the industrial age
the future is completely unknown, which makes the time exciting but also scary
blees retweeted
This next activation is the most ambitious yet. This one's for everyone on Robinhood Chain.
More information coming next week.
been away from the scene quite a bit but just saw that robinhood:0xaa07a0e9209e16ac99708c3ec70159c6ef3128a3 by @0x_aster is doing super well
remember it like yesterday when we were talking about attention trade
congrats bro you absolutely deserve it, you have always pioneered with new novel ideas
market is completely asleep at the wheel on $orbio even after this latest announcement because a month after being launched it isn't at the top of the defillama revenue board and most people didn't get in <$10m and tokenized stocks have dominated market attention and you have had to actually have vision and a thesis to build conviction
it is however being run by one of the most competent devs across all of onchain, has the clearest tokenomic model of any inference play in crypto (including venice), and has set the product foundation (private inference + agentic launchpad) for a massive usage and valuation re-rating
if you're a revenuemaxxer stuck on p/s ratios for what is a month-old startup that clearly requires making a founder market fit bet at a valuation that is comfortably below what a commensurate startup would raise from traditional vc, you will miss what is happening and wake up to revenue exploding "overnight"
blees retweeted
Protocol v1.2 upgrade is here.
1. Limit orders for branch auctions. Users can now place bids at their desired auction price. It is an open orderbook and execution price is FCFS best attempt by a keeper.
2. Charter auctions begin. There will be 1 charter auctioned at the same cadence as the branch auctions. The first charter auction starts at 5.5 ETH and will open at 3x clearing price for the following auctions.
All changes have gone through a security review.
i dont think people realize how big robinhood:0x88ad8ddf1e3898412146a534538d418c6f8a9062 will be if @0xbeans manages to implement everything he has planned
especially in our future fintech environment of crypto x stocks
ofcourse i own the token and a bank
