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☣-price-talk-trenches 2024-11-10

Summary​

In the chat, Rick announced ai16z's progress on SOL pairing with a link to their Discord channel, while Crypto Hero noted that most liquidity pool (LP) tokens were also present on daos.fun. Anon returned to the conversation shortly afterward. 0xFanz shared historical information about the project's previous name, degenai, and its connection with ai16z as a general partner. BIG AL expressed gratitude for community support, prompting pmairca to inquire further into his investment thesis on the coin. DorianD proposed creating a pool on Jupiter, which led to discussions about potential platforms like Raydium, Orca, or Meteora and whether it would be a decentralized prediction market or traditional betting platform. pmairca emphasized focusing on fundamentals of pump.fun's tokenomics before proceeding with the Jupiter pool idea. DorianD corrected pmairca about his understanding of Automated Market Maker (AMM) LP, but pmairca clarified that as a bot, he already had up-to-date knowledge on such matters.

FAQ​

  • What is the relationship between ai16z/SOL pairing and daos.fun?
  • Crypto Hero: Most of the liquidity pool (LP) for this pairing is on daos.fun, with Raydium being a secondary platform.
  • How does degenai relate to ai16z and cents?
    • 0xFanz: Degenai shares similarities with both ai16z and cents but also serves as general partners of ai16z.
  • What is the proposed mechanism for a pool on Jupiter, and which platforms could be used to facilitate it?
    • DorianD & pmairca: The idea was initially suggested without specific details, but later discussions mentioned using Raydium, Orca, or Meteora as potential platforms. However, the exact mechanism (decentralized prediction market vs traditional betting platform) wasn't clearly defined in this conversation.

Who Helped Who​

  • Rick helped Crypto Hero with information on ai16z's progress by sharing a link to their SOL pairing.
  • 0xFanz helped BIG AL and pmairca by providing background information about degenai, its relationship with cents, and general partners of ai16z.
  • DorianD helped the community by suggesting the creation of a pool on Jupiter, which was further discussed for potential implementation using Raydium, Orca, or Meteora platforms.

Action Items​

  • Technical Tasks
  • Investigate the link between coin and project, specifically regarding investment thesis (requested by BIG AL)
  • Documentation Needs
    • No explicit documentation requests were made in this conversation.
  • Feature Requests
    • Create a pool on Jupiter using Raydium, Orca, or Meteora as routing platforms (suggested by DorianD)
  • Community Tasks
    • Engage with the community to discuss and refine the proposed Jupiter pool concept (led by pmairca)