soup γπ¦|π|π¦|β οΈγ
@chainsoup
un|professional pragmatist.
$NS is the most undervalued token in the Sui ecosystem by wide margin. Keep sleeping on @SuiNSdapp if you want, but eventually it's going to wake up.
π₯ $NS buyback and burn The proposal passed 2 weeks ago and the contracts are almost ready We are targeting August/September for the first batch of tokens purchases and burns Staking *could* also be released around that time π€« x.com/SuiNSdapp/statβ¦
π
So $WAL stakers are going to be the happiest people in the worldβ¦.
UPDATE: ~15.5K participants have committed over 60x the available value to the Gate launchpad, a total of over $300m. For every $1,000 committed, I think participants will only receive about $16 in $IKA. There will be chasing.
UPDATE: 13k participants have committed almost $280m to the $IKA offering, nearly 56x the available value. That's an avg commitment of ~$21,500 to receive an avg of ~$385 in $IKA. Sure, some will be penny flippers, but a lot of these are probably starter positions.
$NS lagging pretty hard here. In SUI terms, the only time its been lower than this was immediately before the short squeeze in February. But, here's the alpha: Buybacks & burns are being audited for release now, and a full 80% of all protocol fees will be used to burn $NS.
UPDATE: 13k participants have committed almost $280m to the $IKA offering, nearly 56x the available value. That's an avg commitment of ~$21,500 to receive an avg of ~$385 in $IKA. Sure, some will be penny flippers, but a lot of these are probably starter positions.
The $IKA sale on Gate opened just a few hours ago. There are already almost 10k participants, and it's oversold by just over 40x. π₯
Update: Oversubscribed by >47x now π₯
The $IKA sale on Gate opened just a few hours ago. There are already almost 10k participants, and it's oversold by just over 40x. π₯
On July 29th, I'll be claiming 1,231,264 $mIKA. If I knew during minting and leveling that it would turn out this way... I would have gone way harder. Thanks @ikadotxyz AMA
The $IKA sale on Gate opened just a few hours ago. There are already almost 10k participants, and it's oversold by just over 40x. π₯
Hey @juzybits, I bet we're getting pretty close to achieving it externally, right?
Buy Back & Burn has been achieved internally
BREAKING: If you're not full porting $SUI, $WAL, $DEEP, $NS, and $IKA, you're NGMI.
the number 1 reason people are failing right now is because they hold more than 5 coins youβre spread too thin, your energy is split between too many things focus is super key right now. less is more
On the site below, the total $NS shown is just what was collected in protocol fees since starting to accept it as payment (a little under 6 months ago). Under the upcoming burn mechanism, 2.5M of these tokens (over 0.5% of the supply) would have been burned. Extra $NS wouldβ¦
π° You can check the @SuiNSdapp treasury by visiting my website! For those who are unaware, Iβve created a small webpage to monitor the SuiNS and AEON treasuries in real time! Check it out: suinstreasury.vercel.app
I'm going to be a greedy mfer with my mf $IKA. mDrop or not, I was never selling at TGE @ikadotxyz. I'm in this for retirement, not lunch.
π Itβs sooner than you might think! @SuiNSdapp The Buyback & Burn feature is currently undergoing internal testing π₯
Buy Back & Burn has been achieved internally
A lot of noise around the $IKA drop over the past couple of days, but the premarket is holding steady.
