operator: @bonkfun, @livebonk. CTO: @graphiteproto derugged: @taiyorobotics
Joined September 2021
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Nothing is updated on our end yet.
it seems like some the 3rd party integrators pushed things out preemptively before we actually updated.
Once things are officially updated there’ll always be comms and announcements like every other time.
Just woke up 10 minutes ago to a shit storm but I’m still confident once the update is actually out it’s a good one.
Until then I recommend monitoring this account/ @bonkfun for when things are officially updated .
Need the delusional bulls back in memecoins.
@theunipcs its time to come back and show people how to believe again
Been head down working on balanced mode v2.
First real step anyone has made towards disincentivising vamps
New system for deployers/bag workers.
And some better structure on the backend overall.
Been taking in a lot of the feedback we’ve been seeing and applying them into the next update.
There’s been of questions asked lately asking if WLFI still cares about Solana.
Been in several calls with @mellometrics lately to make sure everyone is better aligned moving forward.
@worldlibertyfi is still fully committed to usd1 growth on Solana. 🫡
Two months ago, USD1 supply on @solana sat at $160M.
It has since grown 5x to $855M, running $200-$300M in daily volume.
Thank you to @raydium @bonkfun @SteakhouseFi @kamino @Zebec_HQ @Titan_Exchange @TrojanOnSolana @gmgnai and every team building alongside us.
So we created some new ecosystem accounts that’s meant to highlight what’s going on, tokens doing well etc, showing a very hands on approach with our ecosystem.
but X has permanently suspended them for no reason and despite it being nearly a week and having made numerous appeals even from accounts with X gold membership and reaching out to staff we have yet to get a response.
Putting out this post publicly so it can get visibility.
It would be great if we’re able to get our real business accounts actually operational. 🫡
Working on a better solution for dev rewards/bagworker rewards in real time.
Going to be constantly iterating, planning to get an update out to balanced mode asap improving these models.
Liquidity is great now, just need to have the right incentives for everyone.
And of course things need to actually do better.
Spent a bunch of time talking to bagworkers last night.
I realized they have zero incentive to even try anymore.
This does not solve the issue, but it is a start.
Like I said, we are going to move fast now and try to fix this place.
Introducing BONKfun Bagwork Bounties
We heard feedback that the incentive to bagwork memecoins has dropped off recently, and we’re committed to experimenting with ways to bring that spirit back to the trenches. We’re giving away $7,000 each over the next 7 days to 7 new, strong communities.
During this period, all NEW Balanced Mode tokens will be evaluated based on the following characteristics:
1. Effort from CTO lead
2. Content Quality
3. Community growth
4. On chain metrics
Bonus points if you create an active Telegram community & bring the old school vibes back.
Coins under consideration will have to maintain a market cap of at least $100,000 by the end of the period.
We will be monitoring for gaming & manipulation and disqualifying tokens that are manipulating these metrics or botting engagement.
Winners will be announced on or shortly after April 1st.
