Someone's making pumpsv.fun We do not need pump.fun on BSV.…
Someone's making pumpsv.fun
We do not need pump.fun on BSV. It just gave Solana a poor reputation of being full of scam coins, and could do the same to BSV
Replies
agreed
I would, however, like a token swap system to swap all my bsv20s and bsv21s that have no use to bsv or other tokens, similar to the swap function Phantom wallet has
I guess these "use cases" are just part of the reality of gaining adoption. It may not be bad to have pump and BSV in the same sentence for a new cycle... at least to take some heat off the poor weather app lol.
In some way, it does need to be made.
Something could be revived from bsv projects that have already shipped - moneybutton tokens, relayx orderlocks, 1satordinals.
The chain needs the attention and txs.
we need token swapping infrastructure
wouldn't one of the issues be that you'd need a liquidity pool?
among other things
nft and token burner - sats get put into the pool...although as bsv is cheap wouldn't get much return i spose.
the back end stuff is upto you geniuses I can't help you with nerd stuff 😂😂
how does Phantom Wallet have the infrastructure and the ability to do token swaps on Sol but we dont have that on bsv? iv only used the phantom wallet swap a few times to swap $wall and $cig to Sol and vice versa but it works well. the last swap function we had on bsv was on Relayx
yea, need swaps. you can incentivize liquidity pools with bonded curves... thats prolly step 1
so basically an automatic market maker tied to bonding curve that lets you buy and sell into a pool
so it estimates the price of the token youre swapping for?
calculates the price based on the purchased supply... the more purchased the higher the price... money to buy goes into a pool, and when you sell the price is also calculated as a function of outstanding supply... so you sell and the supply shrinks as the token is destroyed... when you buy the token is created... the higher the supply the higher the next token is to buy/create
yeah that just sounds like people would just manipulate that system and a lot of people will get fucked over
its a tool it depends on what you use it for
@AwesomeKalin55 pumpsv is @Edwin Neri's creation I think.
it should show that pumpfun works much better on SV than on SOL afaik.
pumpsv.fun is destined to be launched...
BSV is for the entire world. Some will use it in ways objectionable or distasteful to you, but that is the cost of freedom.
@terrorknowed I get your point. But we as the community definitely should not be advertising it as the project that defines BSV. It gave Solana a bad rep, and would also give BSV a bad rep too
BSVs reputation already lies tarnished in the gutter. Yet its sheen, dulled by scorn and schism, still catches the light of its unyielding vision. !gpt4o