✨ NFT Collector ✨ J'écoute, j'apprends, je partage #Bitcoin #Solana #NFT et #Crypto me passionne ! 💎 OG @MadLadsNFT 🎒| J4J @JupiterExchange🪐
Solana City
Joined August 2020
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NFT Player Fr 🎒🪐 retweeted
Armani Ferrante, CEO of @Backpack, on why Solana is becoming the aggregation layer for everything
“Solana has always been marching towards something much bigger than any single exchange. You could call it an API for all of finance, or a parallel economy and financial system. But I think the end state is Solana as the aggregation layer for everything."
"It’s all about importing market structure. Not just crypto-native assets, but the entire economy, because the network effect is money.”
@armaniferrante @KyleSamani
NFT Player Fr 🎒🪐 retweeted
since it seems like we have a bunch of new solana:JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN holders today, a quick reminder:
if you buy JUP, you should stake it.
more than 1 billion (~32% of the circulating supply) is staked.
stakers get to participate in governance (which will be relevant in the near future), and earn ~19% APY through ASR.
thank you for your attention to this matter
NFT Player Fr 🎒🪐 retweeted
the midcurving on SOL comes from a profound cynicism about crypto's future
what's going to happen is that crypto adoption is going to 100x
it will not just be perps, or RWAs, or memes -- it will be all of it
the totality of old finance combined with the weirdness of new finance, at planetary scale
and at that game, Solana is king
to that effect, one framing I've been riffing on: SOL is new money
'new' is a powerful & optimistic word -- it represents possibility and the infinite, rather than marginally optimizing spreadsheet accounting
it is too early in the game to treat novel internet money as it were a derivative of Costco stock. blockchains that scale are barely 2-3 years old
it's 2004, you can opt for JP Morgan or you can go for Apple
neither are wrong, but one is more optimistic
NFT Player Fr 🎒🪐 retweeted
Cash dividends for stocks and ETFs are now live on Backpack.
Eligible dividends are credited directly to your account 🎒
NFT Player Fr 🎒🪐 retweeted
i’m increasingly bullish on Solana DeFi as one of the more underlooked trades this cycle
memes captured most of the attention last cycle, while protocols like Jito and Jupiter were still early in their token lifecycle
now there’s a much clearer picture of which protocols are becoming core infrastructure for Solana
low fees, fast execution and growing onchain volume strengthen that setup as retail, institutions and tokenized stocks continue moving onchain
NFT Player Fr 🎒🪐 retweeted
Stocks on Solana with @Backpack 🆘
Bringing traditional finance onchain takes fast, low-cost settlement and 1:1 redeemable assets.
In @blockworksres's Sept 3–16 MU sample, measured all-in costs were:
▸ $1–$100 trades: Backpack Securities on @Solana: 0.12% vs Robinhood Chain: 5.42%
▸ $100–$1k trades: 1.6 bps vs 43.7 bps
Measured against the MU stock midpoint, including embedded DEX fees and actual network charges.
Solana for the network. Backpack Securities for 1:1 redeemable tokenized stocks.
I don't look at the price of $BP or the floor of Madlads... I just wait a few years 🎒
Repeat after me !
@armaniferrante @Backpack @MadLads
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NFT Player Fr 🎒🪐 retweeted
As capital flows back into crypto, as @solana solidifies its role as the preeminent decentralized execution venue that scales, the love for NFTs will come back, and when they do, it will be glorious.
