Graphite Protocol
@GraphiteProto
Graphite Protocol - We build smart contracts and tech currently powering @LiveBONK & @bonk_fun Token ID: 31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk
I'm currently helping test @parallel_bot by @TaiyoRobotics , the first actual one-stop-shop DLMM copytrading solution on SOL. - no shitty TG bot, proper Web interface - no need for running cloud servers or fiddling with clunky additional tech, all you need is the website -…
The website we built is currently under legal review, which is why it’s not live yet. Once the review is complete, we’ll make it live and also have clearance to start venturing for deeper liquidity. The estimated timeframe is 48–72 business hours. Thanks for your patience!
A total of 4366 $SOL ($881,932) has been allocated for the weekly buy backs. Due to the volume @bonk_fun is receiving, we are going to be increasing the amount of times per week the fees are claimed.
New website that shows all the burns and what we do is being built atm. We also have had great interest across the board for deeper liq and are in convos with some CEX's - no promises but figured we'd write an update! Thanks for all your belief! 🤝 Forward
Another week another DCA claim. After doing the math we've concluded that we have a total of 3183.03 $SOL to buy back and burn $GP with. That's a total of $515,651. This week we'll be changing our DCA structure to fire off buys every minute instead of 2 per day.
If current revenue continues buy backs are estimated to be close to 600 $SOL a day ($93,600) which equates to $655,200/week in buy back and burns. Working hard to maintain marketshare. 🫡
There is 2052 $SOL of buy backs that is about to be processed from the last 7 days of revenue.
We are going to be starting our buy back and burn program shortly. So far for the week we have 968.84 $SOL to buy back $GP with. This equates to around $23,000/day. We'll be placing a DCA order via jup that is placing orders per day over the 7 day period.
Thanks for the shoutout Solana!
Another week, more W’s by Solana builders. Plus very quiet ATHs for Solana DeFi — as stablecoins hit $13B issued. Here’s your weekly snapshot of Solana highlights: - @DanJablonski_ noted that Solana DeFi put up some ATHs, with Liquid staking TVL up 121% YoY, record…
How much would you pay to have access to the most profitable wallets on chain and have the ability to copy them in real time? (PERPS & LPs ) I can tell you now it’s under $4000 $GP
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Just got approved for @parallel_bot! @GraphiteProto team absolutely cooked on this one! 🔥 Thanks to being an Industry (holding +8 @TaiyoRobotics ), I had the honor of being one of the first to access the platform.
Just got approved for @parallel_bot! @GraphiteProto team absolutely cooked on this one! 🔥 Thanks to being an Industry (holding +8 @TaiyoRobotics ), I had the honor of being one of the first to access the platform.
There have been big structural changes with GP that happened at the start of this month; emissions are down a total of 80% on the daily, and 43 million tokens were removed from circulation. This year is all about building the foundations and improving revenue and rewards. 🍾
43 million $GP has now been burnt. This is the final burn outside of buy backs.