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liquid 💧
@_proxystudio
co-founder, @clanker_world c. 2024 | @liquid_launcher c. 2026 $liq (tokens) + $autono (inference)
Joined January 2024
1.6K Following    21.9K Followers
Paper gains that don't even belong to the top 10% of holders who bought immediately after launch. Fuck, they don't even really belong to the first of that top 10 list to sell! The best real defense of the totally normalized illiquidity on new amm pairs is that it would probably be an awful waste of resources to provide these proficient rotatooors with more capital to sell into. Funny to think there are sectors where founders build products and ship them, and then focus on those products instead of focusing on providing 10-15 traders with instant, outsized returns in thanks for them taking on minimal risk
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I would say it’s mildly disingenuous to parade uPnL as PnL especially when it’s 7 figures and there is 400k of liq