Timeline is bullish on v4 hooks. Guess who has been using a pretty cool one for months now? @S_L_V_R_FUN
$SLVR v4 hook by @SLVRdev does some pretty cool shit:
-2% tax on sellers go to community LP pool providers paid in SLVR. Community member LP's receive SLVR and can only perma stake the rewards. This takes 2% of every sell out of circulation forever. This delivers deflation built into every single sell. The fomo boys who can't hold for an hour literally are removing SLVR from circulation and putting it in the hands of believers.
-2% tax on every buy goes into a trading reward pool you can check out here: slvr.fun/trade. Any buyer who purchases SLVR through SLVR.fun website earns tickets to the reward pool. You can even increase the tickets you receive up to 5x by taking slightly less SLVR on the buy. The reward pool has a 1/25 chance of hitting every hour and is paid to a single winner. It caps at 1 eth maximum, then after the 1 Eth cap any buy tax revenue goes to the payload to help increase mining activity that pays stakers. What happens if you don't buy through the website? 2% tax still goes to the reward pool but you don't get tickets.
Extremely well thought out tek that fuels the flywheel of SLVR.
SLVR.fun
0x791229e3ebd6cfdc3d8157f48722684173c29ad9
10,000+ $SLVR in the liquid SLVR vault.
Deposited SLVR is locked permanently and depositors receive liSLVR, with revenue split between ETH rewards and buying more SLVR to grow the backing.
Backing is up from 1 to 1.6057 since launch.
liquid.slvr.fun
Hey man check out $slvr on RH, kinda the experimental defi you're talking about being reborn, v4 hooks, mining protocol, a rwa vault, a staked token vault. Buy backs and burns, 100 percent holder revenue. Pretty cool stuff. Think slvr nails it on the head with your ending statement
SLVR is already starting to bounce back for last couple days. @S_L_V_R_FUN
Top 3 in Holder revenue all time and currently on RH with little talk on the timeline.
Sub 2M MC but some are starting to realize the disconnect between MC to revenue generation.
-5M in Eth paid to stakers
-1.3M in Eth paid to miners
-500k in buyback and burn/perma lock
-100k treasury
SLVR.funLiquid.SLVR.funVaults.SLVR.fun
0x791229e3ebd6cfdc3d8157f48722684173c29ad9
Out of character post to clarify a few things:
Day 1 of $VRAX, the coin moved organically on it's own and was in the multi millions very quickly as a result of the robinhood summit creating the Vrax that we know and love.
After it exploded, a malicious account paid dexscreener to get it's socials attached to the coin. Their goal was to gather as many follows on the account as they could before they pull their next rug.
They had a Vlad follow on the account which we saw was used to bait in Twitter Trackers. Their strategy was to de-activate and re-activate over and over with different rug CAs in the bio.
We sent a lengthy email exchange with @dexscreener to get their socials removed and to get ours attached.
We wanted to run a proper CTO on this coin since the narrative of @RobinhoodCrypto creating their OWN cat, their own meme, and it being so good... it can't be left to go to waste because some scammer paid Dex first.
You will see in the video attached that we sent EXTENSIVE evidence to dexscreener in the first 24 hours of the coin's life to try to get them removed so we could officially take over.
After spending all day going back and forth, they decided after all the evidence to side with the SCAMMERS and denied our original CTO request while also keeping our $200.
The next day, the scammers deleted their socials and re-activated with a new name and with a scam CA in their bio, just as predicted.
After this happened, we tried AGAIN with dexscreener and we finally got our CTO request approved.
To be clear, the malicious socials that were attached were @vraxrh (now namechanged to a scam).
And to be extra clear: THEY HAVE NOTHING TO DO WITH THE COIN.
They are opportunistic scammers: They hostaged the socials on dexscreener after they saw it doing a lot of volume in order to lure followers. They most likely never even bought the coin to begin with.
There is no bundle, there is no rug in this coin. This is verifiably provable onchain. Check the historical bubblemaps. It is completely clean.
In the last 24 hours we were able to get our socials on dexscreener fixed, we were able to get Fomo to change the socials to this X account and we were able to push out a lot of good content.
However, recently we discovered that a bug occurred on the Fomo frontend, so despite us getting the socials fixed on Fomo in the morning; the socials somehow reverted back to the deleted socials you see now from the rugger's X account.
We are working to get that fixed as we speak, yet again, just like last time.
We are working tirelessly to produce content and keep this account posting.
So much confusion and damage was caused by the rugger stealing the socials on dexscreener day 1 and it did not help that dexscreener took so long to correct this, but we move forward with what we have.
The community is strong, the meme is strong, the narrative is strong, and most importantly:
The $VRAX army is strong.
decided to bid some $SLVR…
> $1.31m paid to holders in the last 30 days, according to this table
> roughly a 25% of ORE’s revenue, but valued 30–40x lower
> i think it deserves to trade closer to ORE if that revenue holds which hit local highs
nfa, dyor
I think people initially look at it as "just a ponzi" or not real revenue.... but the more time goes by and it shows strength and the more @SLVRdev delivers that will go away. It's also a little bit more complicated than most tokens so there is a barrier there....but it's worth it imo.
With solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp pumping recently that also helps add to the credibility that the model can work long term.
SLVR is also working to branch out beyond just mining. If you haven't checked out Vaults.SLVR.fun then please do. It's in beta now with one vault live and $12k TVL cap. But 3 more vaults are currently being tested and will launch soon. Vaults is a hedged market making product for tokenized stocks. People won't have to own the token to use it and earn relatively safe APR.
Fees from vaults will go to fund the payload to increase it faster (which is the #1 driver to increase mining) and a portion will be used to buyback SLVR and burn.
@0xAbhiP Pretty sure CT is about to start figuring out these revenue numbers are insane at 2M MC.
Imagine what they'll be at even 5 or 10M MC.....let alone higher.
@iambroots Have you had a chance to look at SLVR yet? @S_L_V_R_FUN
The timeline is starting to see the discrepancy in revenue to MC. Only 2.4M MC and top 3 in holder revenue on RH
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