《 Morning Summary for May 15th 》
Woke up early and took a round, planning to summarize a few projects I care about whenever I have time:
1. The Solana meme platform battle
Currently, Believe has the upper hand, coming up with a way for web2 companies to raise funds in web3 (although I find it ridiculous, haha, but I have been used to embracing bubbles for years).
The platform token $launchcoin has been surging, plus occasionally a new token hits (today's $Yapper came up with 20M), causing more people to fomo into the platform token, creating a flywheel effect.
Currently, even @bonk_fun is completely sluggish, let alone some other platforms; let's see if @theunipcs will continue to do something interesting, and also look forward to @dingalingts's Boop to see if they have any tricks up their sleeves.
I remember that now on Believe, as soon as a new token comes out, it gets directly scraped to several million by scalpers; back then, entering was just a matter of getting in and waiting for a pullback to enter again at a better price.
2. @pumpdotfun continues to promote shamelessness.
Originally, Pumpfun updated the “50% creator revenue sharing” to adapt to the environment after being attacked by the masses. After looking closely at the rules today, I found that they are actually increasing fees on traders.
Previously, PumpSwap's fee model was:
LP Pool: 0.20%
Platform Fee: 0.05%
After the change:
LP Pool: 0.20%
Platform Fee: 0.05%
Creator Fee Share: 0.05%
So the extra 0.05% is not a discount, it's an additional cut 😂😂😂
In addition, they directly take 2% from trades, it's simply bloodsucking.
So this greedy bunch can go die sooner, anyone can be Liu Bang, I support it.
3. The strong collaboration between @virtuals_io and @KaitoAI
I just discovered today that I originally thought Virtual simply handed over the posting business to Kaito (otherwise the intern would be exhausted), but now upon closer inspection, a large chunk of points will directly be given as benefits to $Kaito stakers.
Recently, I have indeed been struggling to get some Virtual points, but now it's much easier; this is the result of @Punk9277 continuously empowering sKaito, and I will know exactly how much it's worth after testing.
Currently, Virtual's yap leaderboard is online; if you also want to yap and earn points, remember to link your Twitter, otherwise, you won't be able to get the points provided by Virtual. Operation process: https://t.co/03vTn3zazR
By the way, the new $AXR from yesterday's virtual hasn't dropped yet, with a market cap of 20M maintaining stable emotions; whether it can take off after the protection period still needs observation. To be honest, we expect the secondary market to take off and create profit effects, not just to stabilize, right?
4. Adventure Island tonight (NXPC launch)
This globally popular game has now gathered various listings except for Binance spot, including the Korean exchange.
So tonight's Binance Alpha benefits must not be missed; remember to check today's points after waking up to ensure you can pass the line.
BTW, Adventure Island is on AVAX; if it explodes, it might benefit $AVAX and the gaming sector; if it doesn't, just ignore me.
Here's a token circulation analysis by Teacher Jiang:
https://t.co/3WHjxSg7hT
5. The $Jager two-pool distribution ends today
Today should be the end of the second phase of Jager - the large distribution of the two pools, and starting tomorrow, the tokens will be fully circulated.
Currently, the APY is still 6240%, and after the market sentiment surged to 10M and cooled down, the market cap is still stabilizing around 6.5M, indicating that many miners are no longer mining to sell, waiting for the competition in the third phase.
The second phase is when the selling pressure is at its peak; after that, the fully circulated phase is when we evaluate how much these 1.46 million wallet addresses and over a hundred thousand meme token holders are actually worth.
6. @Backpack has sorted out the Korean exchange
Yesterday, Upbit announced the opening of free deposit and withdrawal services for BP accounts.
Due to Korean regulations, users of local exchanges cannot directly withdraw to exchanges outside of Korea; they can only withdraw to Web3 wallets and then recharge to other exchanges.
Currently, BP is the only exception; the resources are really quite good. In the future, when BP issues tokens, I believe the Koreans will be an important trading source; @armaniferrante is amazing.
Keep racking up points, can't stop
7. @humafinance is voting to do a new issue with JUP.
I personally think this is a very good cooperation plan, fair for both sides. $Jup stakers receive benefits brought by Huma, while Huma gains support and integration from the Jupiter community (the largest community on Solana).
Moreover, this way, Huma's mining benefits should be guaranteed, haha, well done @DrPayFi.
For those who stake $Jup, remember to vote.
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That's all for today; later I will find some interesting highlights to discuss.
If you find it helpful, please like and comment, and I will see the response to decide whether to make this a daily routine in the future.
Woke up early for a stroll, the nearby maple trees are starting to turn red.
