Chonky

It wouldn't be a New Year without making a new announcement regarding @WhiteWhaleMeme There’s a misconception that the only value this project can ever generate comes from creator fees or liquidity provider fees. That wasn't good enough for me. Today, the treasury controls just under 40% of total supply. That position was built deliberately, at what I personally believe to be an incredible cost-basis. (multiple X below even current price) Every functioning market needs circulating supply to expand gradually as participation grows. If too much supply is locked away permanently, slippage increases, price discovery breaks down, and new participants simply don’t enter (who wants to participate in a token if slippage is too high?). Likewise, if too much supply is in circulation this also prevents healthy price discovery. A market that cannot absorb increased demand is not healthy. Maintaining a healthy balance between supply in demand is good management. Markets need to be healthy for projects to thrive. Because the treasury acquired its position at a very low cost basis, there may be moments - only when market conditions absolutely require it - where responsibly releasing Treasury-owned tokens into the market improves market function. This would be done through LP work, NOT direct market selling. If excess demand does not exist, they don't get gently streamed into the open market. When that happens, it can generate surplus capital as a byproduct of keeping the market efficient and accessible. As the brand scales, the volume required to keep markets healthy scales with it. Over long time horizons, disciplined supply management at low cost basis can result in capital flows that are material in size, not just symbolic fee generation. At sufficient scale, even modest, intelligently-driven releases - executed gradually and ONLY when conditions demand them - can generate seven-figure capital flows over extended periods. Not overnight. Not guaranteed. Not linear. Simply a function of growth, patience, and disciplined execution. Markets also move in cycles. There will be periods where demand softens, liquidity thins, or price action becomes inefficient in the opposite direction. In those moments, the same treasury has the flexibility to act on the buy side when it makes sense to do so. This is not a promise of profits. This is not a schedule. It is a permanent economic engine designed to support long-term market health. If and when excess capital is generated, there are many ways it may be reinvested into the ecosystem - through promotion programs, direct wallet distributions to holders, or other mechanisms that reward participation and alignment. If any direct wallet-based incentive programs are ever implemented, allocation mechanics would be time-weighted, not transaction-based -designed to reward sustained participation and alignment rather than short-term behavior. Any such actions would be communicated clearly at the time, based on conditions then - not speculation now. The principle is simple: Supply is managed responsibly to support growth. Capital is generated as a consequence of discipline. Decisions are made with long-term market health in mind. When I took over this project, I made a very solemn promise: I would not personally profit from it. Any surplus capital generated is intended to be reinvested into the ecosystem in ways that support token holders and long-term market health. This is just one more step towards showing what responsible, selfless stewardship looks like. 🫡 From the depths — The White Whale 🐋