@xeti
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Founder @Gamstat • Building Innovations & Trading • Head @SyndicateCBL & Playbook
conviction
Joined January 2009
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big steps from $Nearly
As Nearly.trade continues to scale, we are actively working on getting the platform fully audited.
We are currently working with the right security partner to conduct a comprehensive audit of Nearly.trade and ensure the platform is ready for its next stage of growth.
Additionally, Nearly platform has now crossed $16M+ in total trading volume.
👏
last cycle Solana ran on memes. launchpads brought the degens, degens brought the volume, and builders followed.
now launchpads are showing up on $NEAR, and the one that caught my eye is @nearlytrade. one transaction from ~0.16 NEAR and your coin trades on Rhea right away. no bonding curve, no graduation, no presale.
the real reason i like it: the four classic rug moves are closed at the contract level.
1. pull the liquidity. the whole 1B supply goes into a Rhea pool through a locker, and the locker has no function to withdraw it. its only call to the pool removes exactly 0 liquidity, which just collects the fees.
2. mint more. supply is minted once at launch and the token has no mint function. nobody holds a single token before the pool opens, not even the creator.
3. jack up the tax. rates are written into the token at launch, max 4% a side, and nothing can change them. no 99% sell tax honeypot.
4. freeze your wallet. the token has no freeze or blacklist function, so nobody can block your wallet.
what makes it stick: the locker and the tokens have no access keys. on NEAR that means nobody can sign for those accounts or swap their code. not the dev, not the nearly team.
what devs do get is 0.64% of every trade, paid out hourly, so their incentive is to keep the coin trading. Rhea takes 0.2% of every trade too, so meme volume feeds NEAR DeFi directly.
when DeFi is up, everyone wins and more builders come. $NEAR is the SOL of this cycle.
near protocol noticed @nearlytrade
social trading app on @nearlytrade is growing fast
diarhea is now supported by @nearlytrade eco
nitter.cf/nearlytrade/status/210…
that is how every launchpad should use the protocol fee
With the introduction of the protocol fee, our main concern was making the Nearly ecosystem as friendly as possible for communities and developers.
The first $10,000 generated from protocol fees on Nearly.trade will be used towards ecosystem development and supporting projects within the ecosystem.
The allocation is as follows:
1. $NINU, $4,000 buy & burn nearblocks.io/txns/EfBAMMLqm…
2. $DIARHEA, $2,500 buy & burn nearblocks.io/txns/G1t2nCyym…
3. $RICH, $1,500 buy & burn nearblocks.io/txns/9ii6rLVw4…
4. $NSTOCKS, $1,200 buy & burn nearblocks.io/txns/4Lb8JMWso…
5. $NEARLYCAT, $800 buy & burn nearblocks.io/txns/CxirKBZXf…
nearly has ONLY 1455 holders at a $6M MC
thats less than 0.5% of the active market that could potentially buy the main token
(n)early
If you are researching the $NEAR trenches like me then you already know that $NEARLY is currently the leading coin in most of the parameters.
@nearlytrade has the highest amount of:
- Traders in the last 1H, 6H, 12H and 24H
- Trading volume
- Buy pressure
And it's leading in terms of MC and attention as well..
Right now we see $NEAR is running but there's almost no traders on it yet, what happens if people decide to trade and launch there?
Usually they go to the top coins, so your research should start there.
I'll keep updating
We just upgraded our servers as the number of users keeps growing every hour, making it a necessary step to keep everything running smoothly.
Besides that, we have shipped a bunch of bug fixes and improvements across the platform, including the feed board, live chat, portfolio appearance and the launch page.