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John Doe
@DoeOnChain
Ship or die
加入 May 2025
1.1K 正在關注    5K 粉絲
wrote a whole post about the $MASK flywheel this morning. by evening they announced 100M $MASK in points for using it. anything before oct 19 counts 2x. funny timing again.
i went through every $MASK fud on my tl and followed the money on-chain. here's what the chain actually shows. "dev holds 40%, rug incoming" dev bought ~400M at launch and still holds ~385M today. sold ~3M on day one. since then, his tokens only went to a burn wallet and the LP. defillama literally tracks that wallet as protocol treasury. "the token is useless" 100% of protocol fees go to $MASK buybacks. they post the burn tx almost every day. 21.6M $MASK burned so far. that's 2.16% of supply in 3 weeks. "it's just a bonk guy pump" nullmask is #1# privacy protocol by revenue on defillama, ahead of tornado and railgun. even counting only deposit/withdraw fees, it did more than railgun last week. 3 weeks after launch. funny how the wallet everyone's scared of is the one burning supply.
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