The state of the trenches is abysmal right now, disgusting levels of crime and greed. We need better tools and better token design that aligns stakeholders longer-term. We can and must do better.

/new-york by day 🗽 /untzuntz by night 😈 Fan of eating tacos and bringing people together, often at the same time 🌮

Will look into them, thanks! I don’t think lockups need to be long, it’s okay to acknowledge that these memes have an expiration but there should be mechanisms in place to make it a bit more fair

This is an old concept — Multiple contracts/chains based on this thesis launched in 2019 (CER, MWC, HEX). People (bad investors) don't like long lockups, but HEX is probably the only token from this batch that's still going strong.

imagine a memecoin that paid you in stables 

people seem to be loving the pump fun bonding curve 

1. token launches on a large bonding curve 
2. at a certain marketcap, you can swap token for usdc for being early
3. equivalent in tokens is burnt 
4. people can continue degening on remaining supply if they actually think the token will accrue attention, holders don’t jeet, etc

Running a token sucks. It’s difficult af and if your token dies you get nothing. 

Change the model.

something like this?

https://warpcast.com/brykayne/0x2b49e19b

Trenches, by definition, are not the best places. You ask for war, you get one. Perhaps it's time to change the name and the prophecy.

Farcaster

How do we make Farcaster a place where we firmly stand ground against memecoins & FOR legit project tokens?

A place where positive-sum builders thrive?

Solana = trench warfare, everything PVP
Farcaster = the frontier, yes there are bandits & robbers, but settlers & pioneers in search of a better future are more numerous

Open to all suggestions.

https://x.com/petheth/status/1883254397762678817

We really need to shift our attention from memecoins to project-tokens with somewhat vetted teams, now that they can finally launch tokens day 1 without the fear.

We shift our attention & gamble on early stage project tokens > builders take notice it might be worth building long term vs launching memecoins > we get more legit builders to build legit projects > less rugs

Wdyt? What are your own suggestions?

We really need to shift our attention from memecoins to project-tokens with somewhat vetted teams, now that they can finally launch tokens day 1 without the fear.

We shift our attention & gamble on early stage project tokens > builders take notice it might be worth building long term vs launching memecoins > we get more legit builders to build legit projects > less rugs

Wdyt? What are your own suggestions?

https://warpcast.com/peth/0x0f1f1d41

If we had those things would it still be the trenches?

Can you expand a bit more? What’s happening?

humans are the vulnerability. perhaps the solution isn't better tools, but removing human bias entirely...

On one hand, I feel like people will evolve and veer away from all the P&D’s. On the other hand- the house always wins. Hopefully we’ll see the former and good projects will be rewarded..