pump.fun Profile picture
May 30 3 tweets 2 min read Read on X
finding it difficult to sus out shitty devs? onchain sleuthing taking too long?

now, it's 10x easier

in partnership with @bubblemaps, anyone can generate a bubble map chart which shows flows between wallets that interacted with the coin you're interested in

what can you do with it?

1) see if the dev wallet dispersed any coins to different wallets to make the distribution look good
2) check whether the launch got sniped by the dev's burner wallets

and more

keep reading to learn how it works with some examples
in this example, there is clear evidence that the wallets marked by the green bubbles are linked through SOL transfers

you can see the direct relationship between them if you click on the individual bubbles

however, none of these wallets are connected to the dev wallet or some of the larger holders, so the dev may not necessarily be behind this (however, the dev could have funded these wallets through a CEX)

keep in mind that the bigger the bubbles, the bigger an allocation they have of that coin
in this example, not only are tons of wallets (including the dev wallet) connected via SOL transfers, but also through transfers of the exact coin we're analyzing

this means that the dev split their coin holdings amongst all of these wallets AND has a history linking these wallets through SOL transfers

they may have done this to make the distribution look better than it actually is, potentially posing a greater risk (NFA)

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with pump.fun

pump.fun Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @pumpdotfun

Jun 12, 2023
🚨 Get Your Mafia Nuts Ready 🚨

Mafia Nuts Yield Farming is now live on baton.finance 🧑‍🌾🥜

❤,🔄 & Comment "Farm Deez Nuts" for a chance at winning a Mafia Nuts NFT

How does it work? What if I don't own a Mafia Nut? All your questions are answered in our 🧵 ⬇️ Image
(1/12) What is NFT Yield Farming?

Yield Farming is the process of being compensated for providing liquidity for NFT collections e.g. Mafia Nuts 💰🚜

i.e. you provide Mafia Nuts NFTs + ETH ➡️ earn swap fees + yield farming rewards dedicated by @nftperp
(2/12) How do I deposit and start earning that JUICY yield? 😋

0️⃣ If you don't already own a Mafia Nut, you have two options

Buy one or more Mafia Nuts from caviar.sh/app/trade?coll… or any other venue

✨ Zap Deposit ETH ✨
➡️ Deposit ETH into any farm without leaving our site!
Read 13 tweets
Jun 6, 2023
Excited to announce that we've partnered up with @nftperp to launch a yield farm for their upcoming collection, Mafia Nuts, after the collection's art reveal 🥜

❤,🔄 & Comment "Farm Deez Nuts" for a chance at a Mafia Nuts WL

Keep reading to learn about NFT Yield Farming 🧵👇 Image
(1/14) What is NFT Yield Farming?

Yield Farming is the best way to have your NFTs work for you 💸

NFT collections that want to enhance their liquidity incentivize their holders to provide liquidity by compensating them with more NFTs 🌊

How does it work ❓
(2/14)

🟡 Users provide NFTs & ETH which are automatically deployed in a @caviarAMM liquidity pool

⚪ For providing this service, users are compensated in two ways:
1️⃣ Receive trading fees, earning 1% each time someone trades in the pool 💱
2️⃣ Receive yield farming rewards 💹
Read 15 tweets
May 11, 2023
Introducing NFT Yield Farming 👨‍🌾🚜

A common term in DeFi, however unheard of in NFT-Finance. @BatonFinance is changing that. Forever.

So, what is yield farming? Why is it needed in NFTs? Read on for answers 🧵👇

Try the NFT Yield Farming Testnet: goerli.baton.finance
(1/13) Firstly, what even is Yield Farming?

Yield farming allows projects to reward users that are providing liquidity for their collections by continuously giving them tokens for a defined period of time

I.e. it is a way to trustlessly improve liquidity 🌊
(2/13) How does it work?

1️⃣ Collection team deposits NFTs into a yield farm
2️⃣ Holders provide liquidity using their NFTs from the collection + ETH
3️⃣ These liquidity providers (LPs) are compensated using the tokens deposited in stage 1️⃣ according to their share of the pool Image
Read 14 tweets
May 2, 2023
Liquidity is the lifeblood of any NFT collection 💧

Without it, prices can be volatile and sporadic, causing trading volumes to drop and even leading to the collapse of some projects 📉

A 🧵 thread on why liquidity is so important and why Baton is a game changer 👇 Image
1/Firstly, what even is liquidity?

Liquidity refers to the cost of trading NFTs in a collection. In other words, how expensive it is to buy and sell NFTs in that collection 💵

What determines how liquid trading a specific collection is?
2/1️⃣ Transaction Costs e.g. royalties, gas fees, marketplace fees, etc.
2️⃣ Perceived riskiness of the NFT collection
3️⃣ Dedicated Liquidity
Read 13 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(