DeTribe

if you're frustrated that news traders extracted liquidity from the ecosystem by launching $neiro then you should put your money where your mouth is only buy coins from devs you trust that may not be possible today but there is already a strong trend of CTOs being ran by the same people that are generally trusted it may not be obvious yet but there is a HUGE UPSIDE for a doxxed dev that plays by a transparently laid-out set of rules I would be on the lookout for this

Cult Memecoin communities are much Stronger, more Cohesive and more Welcoming than Communities of any Tech Project. In the context of accelerating loneliness and isolation, Cult Memecoins have ***MORE UTILITY*** than even a DeFi project with most gigantic revenues.

Just because the vast majority of crypto holders are only looking to increase their fiat wealth doesn’t mean you can’t create self-sovereign communities of self-sovereign people.

Compound Finance got DAO REKT because they just don't seem to care. Here’s how absurd the process was: An initial proposal to grant 92k $COMP was submitted without prior discussion. Thankfully, Compound's security advisor @LewellenMichael spotted it. Despite glaring red flags, Michael's warnings only received 6 comments on the DAO forum. Notable few who cared: @MonetSupply and Wintermute. Humpy (the proposer) acknowledged the criticism and canceled the first proposal. Then, he submitted a second vote, attracting just 4 comments from @StableLab, Wintermute, @bryancolligan, and Michael. Despite the lack of public concern, the second proposal thankfully FAILED. But then it got wilder: the third proposal not only sailed through but saw Humpy increase the requested $COMP amount by a crazy 5.4x, jumping from 92k to 499k. Only 57 addresses cast their votes for the goldCOMP proposal. Where was everyone else? It seems nobody cares. Barely ~20 addresses typically participate in DAO votes. Proposal discussions in the forum attract minimal engagement. For instance, a previously contentious plan to launch a USDT market on Compound III quietly passed in July. Almost all proposals in Compound DAO originate from Gauntlet. In practice, Gauntlet runs the DAO, and they get paid to do it. Gauntlet's effectively running the DAO because they're getting paid. And the rest? Silence. No pay, no interest. Even the Compound team seems indifferent. @compoundfinance doesn't even tweet anymore. This is alarming. If Humpy can pass this vote, what's stopping another vote from jeopardizing your lent assets next? Just use @aave, @0xfluid or any other lending protocol with the community that cares.

30 celebrity coins launched on Solana last month. Here’s where they are now: 🧵👇

Airdrops are dead. Airdrops to NFTs are even more dead. But the problem isn't that giving NFTs tokens is bad, it's that there's no accurate, sufficiently flexible way to measure what happens after you do that. No smart company gives value for free. Executives, employees, teams--they all have KPIs, and you get rewarded as a function of those KPIs. Do more, get more. Do less get less. And it's not sustainable to think NFTs should be any different. The magic of NFTs is that one can optimize KPIs much more effectively as part of a team than alone. If I want to farm a token project, I should be doing it with @MadLads, because I should expect my contribution to be more with the lads than alone. If I'm selling to crypto natives, I should be targeting not individuals but entire communities at once, leveraging the shared interests, common goals, and high signal trust stitching together people through NFT identifies all around the world--something that @KeystoneWallet recently executed on to perfection. The challenge for businesses is ultimately to do the hard work of defining measurable KPIs for NFTs to optimize. The challenge for NFTs is to provide a sufficiently flexible framework that can be re-used by others to leverage what your community is uniquely good at. Solve that, and you can generate a lot more productive value for the space. A thought.

NEW PUMP FUN RUG METHOD There is a new "method" ruggers are using that flies under the radar of most peoples research process Making this thread because I'm seeing these scammers take your $SOL over and over and over again. There is a new "method" ruggers are using that flies under the radar of most peoples research process and so is very effective Scammers are lifting 500-1000 SOL PER COIN