𝙏𝙧𝙪𝙨𝙩 𝙞𝙨 𝙖 𝘿𝙖𝙣𝙜𝙚𝙧𝙤𝙪𝙨 𝙂𝙖𝙢𝙚
Joined June 2022
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- Followers355
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fiboonachi retweeted
$1.07B in cumulative volume traded on Metropolis, built on @soniclabs.
fiboonachi retweeted
Efficient DLMM pool highlight in the @SonicEcosystem!
Watch our 10bps $WETH - $S DLMM pool:
~100% APR (82.9% real yield fees, 17.2% $Metro).
$9,840 TVL generates ~$19,080 daily volume.
That's a 1.94x TVL/Vol ratio. DLMM capital efficiency in action! 🔥
fiboonachi retweeted
Farm rewards are not trading fees.
$Metro Emissions land in rewarded bins around the active price.
Swap fees are separate, and they occur when trades actually happen within a bin 💰
fiboonachi retweeted
Supply: 📉
Trust: 📈
DLMM LPs: 😋
5.9M $S burned.
That's how trust gets built! 🔥
5.9M S burned! 🔥
As previously communicated, unclaimed tokens from the Sonic airdrop were scheduled to be burned.
On October 15, the burn was triggered permissionlessly onchain, permanently removing 5.9M S from circulation.
Transaction hashes:
sonicscan.org/tx/0xf2c8634f7…
sonicscan.org/tx/0x4b335d2f4…
fiboonachi retweeted
Trading fees pay the bin that gets crossed.
Liquidity sitting outside the active bin does not collect that trade.
Smart DLMM bin shapes are the fee engine!
fiboonachi retweeted
5.9M S burned! 🔥
As previously communicated, unclaimed tokens from the Sonic airdrop were scheduled to be burned.
On October 15, the burn was triggered permissionlessly onchain, permanently removing 5.9M S from circulation.
Transaction hashes:
sonicscan.org/tx/0xf2c8634f7…
sonicscan.org/tx/0x4b335d2f4…
fiboonachi retweeted
TVL shows where capital sits.
Fees show where activity happens.
Over the past 24 hours, $19,555 in fees were paid across the @SonicEcosystem, according to @DefiLlama.
Metropolis & Shadow are going neck and neck on Sonic. 👀
$S
fiboonachi retweeted
🚨WHY SONIC WON’T MINT NEW TOKENS!
@MattVisser of @SonicLabs on Crypto Insider with @cryptomanran says they could mint new tokens, but they won’t. The only valid reason to mint sonic-3:native is validator emissions, to secure the network.
Minting $50 million for business development is a poster that says you can’t attract investment. It dilutes holders. Then the token falls off a cliff and nobody sticks around.
Watch the FULL video: youtu.be/sOqLaUZ8jfQ
fiboonachi retweeted
Excited to back the growing Sonic ecosystem with our own validator!
my.soniclabs.com/stake/valid…
Sonic welcomes The Spartan Group as the newest validator on the Sonic network.
Founded in 2017, Spartan is one of the most active investors and advisors in Web3, and their decision to secure the network is a strong vote of confidence in where Sonic is headed.
Every independent validator strengthens the network's security and decentralization, and we're glad to have Spartan participating as Sonic moves into its next phase.
Welcome, @TheSpartanGroup.
fiboonachi retweeted
Was a pleasure to sit down with one of the original supporters and felt almost surreal. The complete full circle moment is still coming, but I believe the road ahead is becoming clear, even for outsiders and naysayers.
I'm also always very critical of my own public responses after the fact, thinking I could have done better or explained something more succinctly, but I try to just clear my head and focus on telling the truth.
We could all see the slow motion car accident that was unfolding in front of our eyes and again, I'm grateful for the opportunity to pull it back on track and get Sonic back to where we are supposed to be.
The technology and the community deserve it. I hope more people start focusing on our future like I do.
