many missed this update form
@Hoookedpad
solana:C1mBfBoDkwWfd6uTFZp62ARHLjeVp3bDpCDMfMZtPngE has now everything that $STONK, $PONS, and $AI have and way more.
the possibilities around hooks here are basically infinite. we’re already seeing novel staking mechanisms with $Hooked, new DeFi iterations built around hooks, and a strong fee flywheel similar to $PONS that played a major role in its run to a 1B mcap.
80% of all fees from volume and transactions across every launch on
@Hoookedpad go straight toward solana:C1mBfBoDkwWfd6uTFZp62ARHLjeVp3bDpCDMfMZtPngE buybacks and burns. over 5% of the supply has already been burned, with 3000+ SOL bought and burned, and it’s still very early days for $HOOKED
$HOOKED is paving the way for an infinite sea of new metas and onchain experimentation within a larger meta. and most don’t quite understand this yet.
I have zero doubt we’ll see insanely innovative DeFi/yield ponzis built around hooks, potentially much bigger than the OHM / V3-style ponzis we saw in 2021.
@MeteoraAG cracked devs and LP wizards are also giving full support on the tech side and working alongside the Hooked team to create novel hook mechanisms for new DeFi and yield-bearing protocols.
the future looks bright ! get fucking HOOKED 🪝