proxy studio

no matter how fun, huge pnl with very low entry cost is not free money

someone is losing, or rather someone is paying for early participants to win

someone always pays for large gainz, markets are markets

Yep, there is no WAGMI with trading, even airdrops are first funded by initial LP, and those who buy it later are paying into the pot. Only nation states are allowed to create money out of nothing

Degenerate, professional mid-curver, wasting my time at a chain near you

airdrops are typically funded by two things: investors, who provide capital that enables people to work, build stuff that generates revenue, and in some cases that $ just goes directly into the LP 

speculative demand provides much of the liquidity that enables people to exit

for coins deployed by clanker, yapster, etc speculative demand provides the liquidity 

its been an interesting dynamic for us on Base where our users are actually clamoring for utility, not memes. in spite of this, we also have seen a few of the larger pure memes perform very well. We are all learning a lot