Really tough market to hold anything right now. Better times ahead, but for now I’m just off chain and relaxing. To be honest, I’m just waiting for Elysium to go live. Something new and exciting.
Derisked from all onchain position as of right now. Going to be wait for the dust to settle as the hack is still an ongoing event. Rather be safe than sorry in situations like these. If i miss entry, then I miss entry.
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Is 6b enough to retire?
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Derisked from all onchain position as of right now. Going to be wait for the dust to settle as the hack is still an ongoing event. Rather be safe than sorry in situations like these. If i miss entry, then I miss entry.
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It’s just one thing after another huh 🫩
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Duck retweeted
To everyone in crypto, It's time to stop accepting extraction as the norm. Cycle after cycle, we've watched the same mistakes repeat. The same short-term thinking. The same value extraction. At @AscendLaunch, we're here to raise the standard for this entire industry. We believe the value created onchain should flow back to the people and ecosystems responsible for creating it. It's time to break the cycle. It's time to build something that lasts. It's time to push this industry forward. We will make onchain great again. That's a promise.
The wealth effect of kinetiq:native is about to begin, sparking an onchain movement similar to when Solana generated a wealth effect and started a multi-year onchain bull run. Some of the best times of trenching were during the Solana wealth effect era. When it had ran from $8 to $290 over 2 years, onchain flourished incredibly well and many traders were able to achieve generational wealth. We are seeing the same exact setup on kinetiq:native, and have built @AscendLaunch the most participant-aligned launchpad, built on Elysium, the value-accretive L2. For the first time, an L2 and its leading launchpad are aligned around growing ecosystem value rather than extracting it. We have positioned the premier launchpad as value-accretive to the entire Elysium ecosystem, from the foundation ($HYPE) to the Layer 2 (kinetiq:native) and finally to participants on our launchpad (traders, stakers, and builders). Rather than develop a launchpad token, we have chosen to adopt kinetiq:native as our protocol token, and have made major improvements to our tokenomics upping our KNTQ buybacks to 80% of protocol fees going into buying KNTQ, burning it, and deploying it strategically. This, paired with 50% of Elysium sequencer fees going to buying back and burning kinetiq:native makes the setup extremely asymmetrical. We believe that if kinetiq:native does well, so will onchain, which will mean that Ascend does well making our participants have an even stronger flywheel. KNTQ does well -> Elysium does well -> Ascend does well -> Traders, builders, stakers do well -> KNTQ does well. This is the flywheel and wealth effect we expect to see with kinetiq:native. The problem: Traditional launchpads extract liquidity through competing protocol tokens, fees that leave the ecosystem, and little sustained demand for launched tokens. Our solution: No protocol token. Instead, Ascend has adopted kinetiq:native as our protocol token. 90% of Ascend protocol fees buy back KNTQ (80%) and HYPE (20%). The remaining 10% is the team treasury. Staking: Users stake HYPE via kHYPE on Ascend, directing yield toward ecosystem token buybacks while earning four reward streams: HYPE, ecosystem tokens, KNTQ, and boosted DEX referral fees. 20% HYPE allocation: - 50% Staker rewards - 50% Protocol-owned staked HYPE on Ascend 80% KNTQ allocation: - 40% Burnt - 60% deployed strategically across ecosystem token buybacks, Ascend points program, protocol-owned KNTQ LP across Ascend token pools + kHYPE - Traders: No competing protocol token extracting liquidity from their positions. Ecosystem buybacks from protocol fees + staking yield. - Tokens: Recurring buybacks funded by protocol fees and staker yield. Supported LP depth from Ascend treasury. - Builders: No launchpad token competing for liquidity, grants, launches with dedicated buyback support through Ascended listings, and a growth path to HyperCore spot and HIP-3 perps facilitated by Kinetiq's HIP-3 Perps DEX, as well as rev share from Ascend via our Strategic Partnerships. - Stakers: Multiple reward streams while supporting ecosystem growth. Unlocking new capital: Rather than recycling the same liquidity across Solana, Base, and Robinhood, Ascend gives HYPE holders a way to deploy sidelined capital into new ecosystem launches. The Elysium advantage: While other L2s retain sequencer revenue, Elysium directs 50% toward KNTQ buybacks and 25% toward builders. Ascend commits 100% of its sequencer-fee allocation to grants for builders launching on Ascend, creating a powerful incentive to build on Elysium instead of competing ecosystems such as Base & Robinhood. The scale: At $5M/month in Elysium sequencer fees, a 10% allocation to Ascend would generate $500K/month in builder incentives, funding grants, HyperCore spot listings, AMM liquidity, etc. For reference, Robinhood generated $14M in sequencer fees in a 30-day period, while Base generated approximately $75m in a 1 year period. Further, the buyback effect of a top launchpad on HYPE, KNTQ, and ecosystem tokens are significant. In September, the 30d total of fees generated across top launchpads: PUMP ($165M), PONS ($132M), Flap ($41M), Stonkfun ($27M). At scale, Ascend would contribute mid 6-figures to low 7-figures of daily buybacks to HYPE & KNTQ. The vision: Make Ascend the obvious place to build, trade, and stake. Stakers are the backbone of Ascend, and will receive many benefits of the protocol's success with many rev shares in place. Builders are attracted by grants, sustained buyback support, a clear path to HyperCore spot and HIP-3 Perps through Kinetiq, and eventually becoming an Ascend Strategic Partner. Traders are attracted by PVE tokenomics where protocol activity strengthens the ecosystem instead of extracting from it. Together, these create a flywheel: better incentives attract better builders, better launches attract more traders, and more activity drives even greater buyback support and ecosystem growth.
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32m TVL. 2m worth of buy back. Holds 30% of all HyperEvm dex liquidity. Token is at 4.6m circulating. #2 meta dex in the eco and I won't be surprised if it takes the #1 spot once Elysium mainnet goes live. I have not seen a more obvious trade set up than nest-2:native in a fat minute.
30m ATH TVL. Highest revenue generating protocol for its stakers in the HypeEvm ecosystem. Stats have been up only since its launch last year. Value prop has never been better with Elysium mainnet launching soon, yet this is still nowhere near the previous ATH it made near launch. Hyperevm also getting an increased of attention due to the new US exchange Hype integration news. The perfect storm. By the way, the real mcap is around 4m range or so. Majority don’t know of this because it’s not able to be traded on FOMO and in general researching is still a big edge in this market.
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Duck retweeted
Buybacks of kinetiq:native have Ascended to 80% from 50%. November 9th. Ascend to Elysium.
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Duck retweeted
@NestExchange has quietly become the #2 DEX on HyperEVM. TVL has gone from $3.4M in February to $31.4M today, and it now holds roughly 30% of HyperEVM DEX liquidity. On every chain that matures, liquidity ends up concentrating around one ve(3,3) venue that the ecosystem’s projects pay to direct emissions to, the way Aerodrome did on Base. I think Nest is set up to be that venue on HyperEVM, and if Kinetiq and Elysium bring the next wave of activity, it’s the natural place for that liquidity to land. nest-2:native hyperliquid:native
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Duck retweeted
nitter.siddz.com/mastermojo83/status/21… What happens when Elysium goes live and compound on top of this?
Replying to @NestExchange
@NestExchange Marketshare has done nothing but increase since inception on @HyperliquidX It is now almost 30% of all DEX activity on HyperEVM All other DEXes have decreased over time, but nest-2:native I would not fade the High-Beta to hyperliquid:native $nest = 💎
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30m ATH TVL. Highest revenue generating protocol for its stakers in the HypeEvm ecosystem. Stats have been up only since its launch last year. Value prop has never been better with Elysium mainnet launching soon, yet this is still nowhere near the previous ATH it made near launch. Hyperevm also getting an increased of attention due to the new US exchange Hype integration news. The perfect storm. By the way, the real mcap is around 4m range or so. Majority don’t know of this because it’s not able to be traded on FOMO and in general researching is still a big edge in this market.
epoch 48 is done and buybacks are TWAPing NEST nearly $2m in NEST buybacks in under a year
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nitter.siddz.com/mastermojo83/status/21… What happens when Elysium goes live and compound on top of this?
Replying to @NestExchange
@NestExchange Marketshare has done nothing but increase since inception on @HyperliquidX It is now almost 30% of all DEX activity on HyperEVM All other DEXes have decreased over time, but nest-2:native I would not fade the High-Beta to hyperliquid:native $nest = 💎
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I’m fucking tired of cycling between we’re so back and it’s so over. 🫩
Like holy fuck either break down under 80k or don’t you piece of shit
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30m TVL. Up only stats. Real circulating mcap is around 3m range I believe. This and kntq are all you need to benefit from the Elysium mainnet launch I feel like. Quiet vertical accumulation.
You know when you are onto something good when you have smarts in DMs asking for more info
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Oh btw this isn’t able to be traded on FOMO yet. So majority of ct are not in.
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There are other launchpads I have already seen that are going to be on Elysium mainnet, but I’m only focusing on Ascend. I personally know the founders and I have the highest conviction in them and what they and their team are building. /Ascend
Fomo & Pumpfun app supporting @Enter_Elysium will make it extremely accessible to traders that HyperEVM never had access to. With @AscendLaunch as a leading launchpad, it's our responsibility to make sure volume is sustainable, hence us giving back a huge portion of our protocol fees to traders, stakers, builders, and coins launched on Ascend. We want to make onchain great again, and us adopting kinetiq:native as our protocol token will generate a wealth effect for onchain similar to when $SOL had ran from $8 to $290. Ascend to Elysium.
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Call bottom one more time. Maybe a few more and we will actually get there 🫩. Gonna just log off for the time being. Ping me when market actually isn’t just dog shit scrap fighting everyday.
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Yall remember the time where you could bid 70% retraces and be rewarded with a new aths? Feels like ages ago. Now most coins die after a 70% retrace.
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Going to refrain from just shilling any tickers on the tl. Really just not the market for it. Better times ahead.
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First it was bridge and now limit orders for EVM. Don’t really need to say anything else tbh. Sent from the pumpfun app.
EVM LIMIT ORDERS: Every trader wanted it, no social trading app shipped it. We changed that. Introducing EVM limit orders on Pumpfun: the FIRST social trading app with take profit and stop losses on Robinhood, BSC, Base, HyperEVM, Arc and Ink, with more chains coming soon 👇
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