Trace retweeted
FIRST EVER PUBLIC ONCHAIN DINOSAUR SALE
66 million years and 2 months in the making.
Today, Deaton the Triceratops was officially acquired for $600,000, funded by $TRCH1 holders.
The future of owning history is happening on @Solana.
Trace retweeted
Alpenglow is now live on Solana mainnet. ⛰️
Finality just went from ~12.8 seconds to ~150ms.
The biggest consensus upgrade in Solana’s history, built by @anza_xyz.
ATHs for institutional interest
You've followed what we're building. Now, drive the strategy.
DMs are open for believers:
➤ Head of Digital Assets Product Strategy
➤ Head of Franklin Crypto Capital Formation
➤ Head of Franklin Crypto Private Credit
➤ Program Manager, Digital Audience Engagement
➤ VP, Business Development, Crypto Markets
Ready to shape the future?
⬇ ⬇ ⬇ ⬇ ⬇
Trace retweeted
the "investable token" thesis is becoming true
if your token dont have real revenue, real value accrual and distributions that dont make holders feel like exit liquidity -> you are fucked
cool thing now is that the market rewards those structures, so more teams are incentivized to optimize for the token itself
so you get:
before = token as extraction vehicle
now = token as the actual investable asset
how it should always have been but never really the case
there is nothing more bullish for the industry
pretty sure we've reached the point where S tier operators are realizing that it is far more efficient to drive value to your token rather than have an equity vehicle and pray for an acquisition / IPO - and so it makes way more sense to just "do the right thing"
creating internet capital markets and making every liquid fund's dream come true
99% of tokens don’t have the liquidity or price feeds to ever support a perp market. The long-tail is where Solana thrives and it still lacks leverage market structure that scales
That changes soon
.@Basket_on_sol is coming out with some very interesting basket tokens and this one is my favorite so far
SOV, the Store of Value Index, is live on Basket. It’s one token on Solana that holds solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp, solana:A7bdiYdS5GjqGFtxf17ppRHtDKPkkRqbKtR27dxvQXaS, solana:AymATz4TCL9sWNEEV9Kvyz45CHVhDZ6kUgjTJPzLpU9P, solana:cbbtcf3aa214zXHbiAZQwf4122FBYbraNdFqgw4iMij at 50%, 15%, 15% and 20%, four assets with very different histories that share one property: none of them can be printed at will. Bitcoin and Zcash are capped at 21 million coins, gold only grows as fast as it can be mined, and ORE runs under its own hard cap.
Trace retweeted
SOV, the Store of Value Index, is live on Basket. It’s one token on Solana that holds solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp, solana:A7bdiYdS5GjqGFtxf17ppRHtDKPkkRqbKtR27dxvQXaS, solana:AymATz4TCL9sWNEEV9Kvyz45CHVhDZ6kUgjTJPzLpU9P, solana:cbbtcf3aa214zXHbiAZQwf4122FBYbraNdFqgw4iMij at 50%, 15%, 15% and 20%, four assets with very different histories that share one property: none of them can be printed at will. Bitcoin and Zcash are capped at 21 million coins, gold only grows as fast as it can be mined, and ORE runs under its own hard cap.
Trace retweeted
I’m not exaggerating when I say @0xmoaz is one of the craziest, most talented product designers I’ve worked with
The video shows multiple agents overhauling the app for Dusk, each working on parallel tasks while he orchestrates it all. The team can track progress on each component family and see whether changes are still local and uncommitted, or pushed to the repo and ready to preview
+ incl automated storybook and visual testing on every new PR
lab.zee.gg/omnipair/marks
Trace retweeted
$OMFG is now live on @UmbraPrivacy
Trade Omnipair's ownership token without telegraphing your every move.
Trace retweeted
Umbra v2 is now live
The privacy layer for money
umbraprivacy.com
Very close to the finish line
A lot of effort went into Dusk. We built the spot margin engine to be fully composable, with the UX that traders and builders expect
This is the inevitable evolution of DEX pools-ones that are capable of doing much more with its idle liquidity, pricing margin risk as autonomously as they price spot
Any token on solana will have access to a full financial market the moment it sets up its liquidity
Markets become more efficient, tokens get deeper liquidity and real utility, more holders become LPs earning multiple yields, and traders have full freedom to express conviction on anything
Just in time for the bull
Most Solana tokens never get leverage markets.
Dusk's upcoming Spot Margin feature changes that by introducing up to 10x isolated leverage on any @solana asset, long or short.
Here's how it will work 🧵
Trace retweeted
imagine longing or shorting literally ANY asset on solana. even the ones that have no perp markets.
you borrow directly from the AMM, no oracles needed.
don’t need to imagine (soon)
Most Solana tokens never get leverage markets.
Dusk's upcoming Spot Margin feature changes that by introducing up to 10x isolated leverage on any @solana asset, long or short.
Here's how it will work 🧵
Holders want yield but what stops them from LPing is needing both sides of a pair, shifting exposure and heavy impermanent loss
Leveraged LP brings one-sided deposits with automatic rebalancing to Omnipair markets
Bring back hodling and deep liquidity by letting holders be earners too
Excited for Omnipair to be in the first cohort integrating swSOL
SOL is a quote asset in a huge share of markets on Solana. In AMMs that SOL sits there as wSOL with a lot of it sitting idle. With swSOL the SOL leg of a market can be earning staking rewards the whole time it's sitting in a pool
Those rewards go to the protocol and we can pass them back to users. So LPs in v2 can get a yield floor under the swap fees and borrow + margin interest they already earn with no changes to their user experience
Cool to see more and more inefficiencies around idle capital being solved
What if SOL in DeFi never stopped earning?
We’re excited to partner with @sanctumso to bring swSOL, a 1:1 wrapped SOL that earns instead of sitting idle, to Omnipair Dusk.
More details soon.