Pudgy🐧 (@PudgyToken) header
Pudgy🐧 (@PudgyToken) profile picture
Joined November 2022
Photo by Pudgy🐧 (@PudgyToken)
Pudgy🐧 retweeted
It's officially been 1 week since the Pangea TGE. Over that period of time, we've seen Bitcoin retrace almost 10% from a local high, combined with the largest hack in the history and dozens of imposters/larps that come and go. Over that same period, we've reached 50,000 bridges, $80,000,000 of volume, 1,000 launches and nearly 10,000 holders. This is in soft launch mode. The Pangea team and board are busy securing integrations, partnerships and launch incubations for the coming weeks. Our technology is still in it's infancy and improving daily. There is a big vision yet to be showcased that will come to life. @0xflatearth posts daily updates for you to follow. On-chain is demanding a change, and Pangea is here to provide it. Trading used to be individual. Then it became social. Then it became multichain. Launching was individual. It's becoming social. It will soon be multichain. Pangea is here to stay forever. We have no doubts where this is going. We invite you to join us and our friends as Pangea citizens and prepare for something different, something special for this market we used to love. Let's do it together. Let's go back.
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Pudgy🐧 retweeted
$PANGEA day recap: ~$0.00142, -17% in 24h, yet ~$540K volume across the two main Solana pools. Today @LaunchOnPangea shipped a gap fee: cross-chain price gaps wider than fees + 0.15% get burned. Builders shipping into red candles.
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Pudgy🐧 retweeted
gm, we keep building. I'm finetuning v3 for today. Big day ahead. Last night was tough for testing due to mainnet's high gas, but the greatest feats always come with even bigger challenges. I'm happy to say majority of the testing has been completed, thus robinhood:0x30de7ae4c9578d110a97367ede9f7765cdce06ea is finally able to update its infrastructure. Charts will hold better, rebalance is minimized, and price gaps stay tighter than ever. Expecting some runners to pop up once it's all said and done.
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Pudgy🐧 retweeted
This is the infrastructure update I've been working on past couple days, alongside stocks. It's important to understand how each part works. Gap fee on bridging: On every v3 bridge, the contract compares the coin's price on the source and destination chains. The allowed gap is the fees plus 0.15%. Anything above that is burned instead of credited. Example: $1,000 bridged to a chain where the coin is 5% pricier → Bridge fee: 0.2% → Allowance: ~0.35% → Burned: ~4.65% (~$46) → Credited: ~$952 Bridging to the pricier chain is no longer a free trade. The 0.2% bridge fee stays on every transfer, with the gap fee on top. No allowlist, and our own arb pays it too. minCredited: The sender sets a floor on what must arrive. If the gap fee would take more than that, the transfer doesn't go through. Self-launch Creators launch from their own wallet and pay with their own funds, on any chain, Solana included. LaunchBuys A single launch can now buy from multiple wallets at once. Hooks V2 A new tokenomics hook. Its fee is no longer fixed at deploy: it can be switched on or off and adjusted after launch. PeerConfig The cross-chain config is smaller in size, which keeps the factory under Base's contract size limit. Stock-paired launches are coming, and everything above is the basis of it. You'll want to be early for this one.
One coin, five chains, one price. We're making that price much harder to game. Every bridge of a v3 coin compares the coin's price on both chains. If the gap is wider than the fees plus a 0.15% allowance, the difference is burned instead of credited. The gap fee prevents arbitrage bots from profiting off the difference, while burning tokens to cover for said gap. The 0.2% bridge fee still applies to every transfer, with the gap fee on top. There are no exemptions: our own rebalancer pays it like everyone else. Launches get an upgrade too: Creators will be able to launch from their own wallet, with their own funds, on any chain, with multi-wallet launch buys. Coins launched with custom tokenomics will also be more flexible now. With hook V2, the creator's settings are no longer locked in at launch: the tokenomics can be turned off, turned back on, or adjusted as the coin grows. One narrative. One community. One coin. pangea.trade
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Pudgy🐧 retweeted
We are in close touch with our friends at @LayerZero_Core and ensuring all arch structure is safe and no funds will ever be at risk. If there’s any downtime it will be fixed when they give us the green light. This hack only strengthens the omnichain narrative. Liquidities are safer when they are spread. Study robinhood:0x30de7ae4c9578d110a97367ede9f7765cdce06ea.
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Pudgy🐧 retweeted
One coin, five chains, one price. We're making that price much harder to game. Every bridge of a v3 coin compares the coin's price on both chains. If the gap is wider than the fees plus a 0.15% allowance, the difference is burned instead of credited. The gap fee prevents arbitrage bots from profiting off the difference, while burning tokens to cover for said gap. The 0.2% bridge fee still applies to every transfer, with the gap fee on top. There are no exemptions: our own rebalancer pays it like everyone else. Launches get an upgrade too: Creators will be able to launch from their own wallet, with their own funds, on any chain, with multi-wallet launch buys. Coins launched with custom tokenomics will also be more flexible now. With hook V2, the creator's settings are no longer locked in at launch: the tokenomics can be turned off, turned back on, or adjusted as the coin grows. One narrative. One community. One coin. pangea.trade
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Pudgy🐧 retweeted
gm, waking up and I realized something. Everything we do now, as builders and as investors is going to pay off like crazy over the next few months. I’m studying market trends, in flows, rapid adoption. There’s a big wave coming. the new world would rather be here than anywhere else. a storm is brewing. pangea will be prepared. We will be the thunder. Be Ready.
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Pudgy🐧 retweeted
Pangea now allows rewards in any token(s), on any chain. Today, the holder rewards feature was released, completing our Tokenomics feature set. These are the main takeaways: • Per Chain Dynamics: Get rewards on multiple chains from different tokens at the same time. • Variable Use: Spend your fees however you want: One chain burns, the other buys back, the rest sends it to Dev. • Unique Pairing: Each chain has the purpose you define. Rewards aren't fixed globally; one token could reflect different baskets on up to 5 chains at the same time. The planet was once Pangea. Everything was possible since everyone was one, united. Let's go back.
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Pudgy🐧 retweeted
There’s way more to it than what you see on the surface. It’s not just tech or attention. It’s the future, on our hands. We decide what’s next for the space. Innovation on the right direction is what’s needed currently. A divided city is a weak city. If everyone unites to embrace a different design, a better set of rules that benefits everyone, things will become better and better, everyday. There’s a path towards a good ending where we all win. It’s not just about you. It’s not about me. It’s the space we roam on everyday. Memories, friends, arguments, wins, losses, it’s life. Life. One life only. Not to be wasted by being divided, but to win together instead. The system was designed to take everything from the little guy, to make him an addict. It was designed to keep you hooked on attention that always switches yet never concludes anywhere. We weren’t meant to vamp each other. We weren’t meant to beat each other. We are one. Against those who chose to take from us, instead of provide. Against those who didn’t want us to make it, because they thought we were undeserving. Against a set of ideas based upon making it harder for everyone, but easier for a smaller group. It should be the opposite. The ideology of winners and losers is only a psyop to justify injustice. But the masses have to be onboarded onto the right path. If everyone unites under the same mindset, nothing will stop us. Ever. The change starts with you, anon. If you’ve read it until here, it’s because you understand what I’m talking about. It’s not just tech. It’s not just an idea. It’s the necessity to feel something again, on a space that taught its users to be cautious rather than believers. Believing became more expensive than giving up, which is why many have been gone for long. But only those who never stop believing end up making it. There’s only one way to find out. Believe in something. Come together. WAGMI
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