$SOOT sprites are ecosystem dust bunnies, found in abandoned places and enchanted workers in Leemon's great Hashgraph furnace. 0.0.7893006t.me/HbarSootJoined December 2024
$soot is perfectly optimized
they're even trying to follow our lead with the dpgc liquidity agreement, except we don't harvest the farming rewards--we compound them forever
in the same way that we have made the perfect meme token ecosystem, we will also create a perfect nft token ecosystem when we launch them
4/
Take a $FUZZY / $SOOT pair as an example.
• $FUZZY is currently one of the most liquid memes on XRPL.
• $SOOT is a micro-cap on Hedera with a permanent pairing philosophy and strong community focus on dedicated liquidity.
A SilkSuite LP between the two creates a
if only sauce holders realize that subsidizing volume for v3 pairs only sweetens the bag for the market makers providing this liquidity
those rewards are dumped, which affects token price
if, instead, emissions go to holders and lps personally invested and enthusiastic about holding, $sauce would be performing better
stop the handouts to institutions and the token will moon
with all the garbage getting listed on saucer swap, we are more inclined than ever to pursue some sauce farming rewards for $soot
why? because people need tokens that have a use on the destination ledger--even if that use is pure degeneracy
plus, the soot model is superior to both the bridge and the ledger of origination for this kind of activity. let me explain:
liquidity pools have costs and risks for the providers of liquidity. the cost is the opportunity cost of moving capital elsewhere, the risks include both token ecosystem risks and smart contract risks for the lps (if smart contract based) and for the bridge. assets are exposed to the risks and costs for the entire duration of their pairing and bridging--you trust your assets to those protocols for the entire duration of their use.
to maximize benefit of liquidity pools, they must 1) minimize opportunity cost or have dedicated liquidity that will never be touched, 2) require some use or reason to use the on a destination chain, otherwise it will be used to peg/support liquidity at the cost of those using the service (again, there must be a reason to swap beyond mere arbitrage as arbitrage occurs at the cost of the lp) or those subsidizing rewards (in this case, $sauce holders)
by removing rationality from the equation, $soot eliminates opportunity cost and embraces loss of value to the market makers every single time.
we also do not depend on rewards for our business to survive, unlike these guys managing their trusted, off-chain execution environment--in fact, that auto compounds to become more retarded and irrational with every trade
by removing our self interest, we create a perpetual, ever increasing in power, ecosystem where holders can focus on what matters--holding and/or farming rewards
if the sauce dao is going for this, certainly they'll support $soot rewards but frankly we are glad we haven't made the $sauce pool yet, as value doesn't come from nowhere and this looks like this move will be good for the dex but maybe not so good for holders
New Interchain Token assets are live on SaucerSwap V1 and V2: $LINK, $QNT, $LCX, $WAVAX, and $WBNB.
This rollout was made possible with support from @axelar. Bridge through @squidrouter or directly in the SaucerSwap app.
Farms are live now. LARI rewards begin Monday during
1/
Most degens are still playing the same game: chase narratives, farm emissions, rotate tokens, and exit before the liquidity dries up.
A quieter but more powerful layer is forming underneath.
It’s not about picking the next 100x token.
It’s about owning pieces of the liquidity infrastructure that autonomous agents will eventually need to operate across chains.
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1K Followers 4K Followingyou’re simply trading against me
I will pair with every enemies out there
you think you can get me liquidated?
do not mess with this fuzzy
bring it on
🐻
141 Followers 54 FollowingThe Official Community Grid of Hedera.
Weekly F1 Drops | DAO Treasury | Race Day Rewards.
Trailblazing the future of speed. 🟠 $BLAZER | 0.0.10310603
1K Followers 4K Followingyou’re simply trading against me
I will pair with every enemies out there
you think you can get me liquidated?
do not mess with this fuzzy
bring it on
🐻
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