Solana

This is really crazy 

There’s so much SOL locked up in dead pumpfun tokens that it’s made SOL deflationary 

Roughly 12% of circulating supply is locked in the bonding curves of Pump tokens and Solana inflates roughly 7%/year

Oh My God...
Solana is deflationary...
&amp;&amp; its entirely because of Pump Fun... 

Solana is going up at an average of 7% a year.

However, lets look at the total number of Pump Fun token launches, ALL TIME.

You have to understand with this number, roughly 99.6942% of all Pump Fun… https://t.co/YyYoZpHOS6

Easy

This is really crazy 

There’s so much SOL locked up in dead pumpfun tokens that it’s made SOL deflationary 

Roughly 12% of circulating supply is locked in the bonding curves of Pump tokens and Solana inflates roughly 7%/year

https://x.com/easyeatsbodega/status/1861900077226401986?s=46&t=LNZpH03544B952EdXOUs2w

Stay Curious // iixii // Lazer Technologies // Prev: CoinDesk, Roc Nation // based

I think he admitted in the comments he’s just engagement farming, that SOL isn’t locked in the bonding curves traders can still get it back by selling the “dead coins”

yeah it’s def engagement farming and his math is extremely optimistic but its still an interesting point even if his math doesn’t fully match up

@EasyEatsBodega @beast_ico It's a good point but the math is off if you dig into it. Will be much less than you suggest but still a significant source of burn.

@bluegwei @beast_ico i will admit my math is extremely optomistic

yeah it’s def engagement farming and his math is extremely optimistic but its still an interesting point even if his math doesn’t fully match up

https://x.com/easyeatsbodega/status/1861913076489941322?s=46&t=LNZpH03544B952EdXOUs2w