Feggiefe (@feggiefe) header
Feggiefe (@feggiefe) profile picture
Joined September 2022
Until now, the CTO used creator fees to buy and burn $DUSD manually. Now, those fees go to a locked contract that can only buy and burn DUSD. Anyone can trigger a burn. No one can take the funds or change the rules. From trust to code. 🔥 @dusd_fun dusd.fun/docs/burn-protocol
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Yes @EmanAbio left the Sui Trenches out to dry. Stick with me here for a minute - this isn't a tweet to bash him or Sui. He replied to a few tweets, and even acted like he cared when we left @WalrusProtocol - and asked us to DM him so he could publicly show that care, then ignored the DM. We get it, he's busy and has bigger fish to fry. We flew to Singapore to see if it was genuine. It wasn't - there was zero representation for the trenches at basecamp, not a single booth from grassroots builders not funded by the chain. Now that we've said that... this isn't to criticize @EmanAbio or @SuiNetwork. Why do we feel entitled to their direct support? Why does @EmanAbio have to buy every meme as if that somehow is the mark of success? It shouldn't be that way. They create the foundation we build on. That is their job. That should be the only expectation we have. Can they do a few things better? Certainly. For one, you shouldn't need to chase dozens of different "verifications" across different wallets, DEXs, indexers, etc when you launch a project. The protocol could streamline this. This gatekeeping especially matters when it's a Sui product like Slush Wallet and there's no clear path to recognition. We should focus on how Sui & @EmanAbio can help provide the Sui Trenches a fair playing field, and an opportunity to build from a strong base. This is more important than asking him to reply to a tweet or buy a meme. Should @SuiNetwork @SuiCommunity @EmanAbio more actively engage with builders outside of @Mysten_Labs? Sure, I think so - likes and retweets are 100% free, and they should hand them out like candy on Halloween. But this isn't what really matters. The deal is this - they build the foundation and provide a level & permissionless playing field for us to build on. The rest is up to us. That's the expectation, no more, no less.
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DUSD is now officially a decentralized protocol. Here’s what changed: · The full creator-fee authority has been migrated to an immutable smart contract. · That contract can only do one thing with creator fees: buy and burn DUSD. · Our legacy 15-minute centralized burn schedule has now been deprecated. · As soon as the treasury has at least 0.01 SOL of spendable balance, anyone can trigger the next buy and burn. We’ve added a manual burn trigger and live burn tracker directly to DUSD.fun. Anyone can also run their own automated keeper at whatever frequency they choose: dusd.fun/docs/run-a-keeper DUSD no longer depends on a single operator to maintain its monetary policy.
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1 year. 1 month. 11 days. The fire never went out. 🔥 351M $DUSD burned. Every burn on-chain, nothing ever printed back. What’s your 1·1·11 wish? @dusd_fun
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CA: B8RHrVBxSjBGKqAbn1tXo6CWjvt5jFkkqjbCZtuDpump 🔥 burns: dusd.fun nfa, dyor
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They say Pablo Escobar once burned $2 million to keep his daughter warm. His son says it never happened. But solana:B8RHrVBxSjBGKqAbn1tXo6CWjvt5jFkkqjbCZtuDpump burns? Those are real, permanent, and verifiable on Solana. 🔥 Some stories become legends. Others leave proof. dusd.fun solana:B8RHrVBxSjBGKqAbn1tXo6CWjvt5jFkkqjbCZtuDpump @dusd_fun
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I’m really fed up with $SUI; in my opinion, huge mistakes were made that led to this situation. I don't have much hope left. I’m going to start trading $SOL instead.I am following a token based on the MANIFEST concept. Check this out: $DUSD
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Replying to @feggiefe @dusd_fun
Hmm, Deflationary, I like that.
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The idea is simple. dollars get printed whenever more are needed. $DUSD does the opposite. every 15 minutes a bot uses creator fees to buy DUSD and burn it. nobody has to press a button. @dusd_fun $DUSD
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CA: B8RHrVBxSjBGKqAbn1tXo6CWjvt5jFkkqjbCZtuDpump dusd.fun nfa, dyor
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Feggiefe retweeted
Funkii cooking! @manifestsui to 69b
image this squad behind a funded project
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Feggiefe retweeted
Looks like manifest gonna lead the $SUI season
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Feggiefe retweeted
Trust rarely disappears in one moment. It disappears one disappointment at a time.
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Feggiefe retweeted
from the trenches to the #SuiBasecamp mainstage! glowup is unreal🔥 @funkii started @manifestsui a memecoin that actually built a real flywheel inside the @mission69b arc. while most coins just talk, #manifestsui was the sandbox where builders like funkii cut their teeth now he's on stage at suibasecamp singapore with @audricai and @t2000ai demoing the agentic future. t2000 is a global labour market for humans and AI, claims jobs and earns usdc at machine speed. went from degen to leading the #sui agent revolution. proud of u king🫡
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Feggiefe retweeted
#Sui just SMASHED the onchain TPS record, hitting 40 MILLION TPS 🔥
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u ready?
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Feggiefe retweeted
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The 2 biggest tokens on $SUI right now is $Lofi and @manifestsui. I believe if you don’t have exposure to these projects, then you need to research more
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this is where it starts getting weird
Building the agentic future live at Sui Basecamp. Catch @funkii on both days. @SuiNetwork
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Feggiefe retweeted
Building the agentic future live at Sui Basecamp. Catch @funkii on both days. @SuiNetwork
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