0x1c0aa8cc…5a20sent to0x5e58ba0e…053e·#24,848,164·view on Etherscan
update on $zorg/$zamm economics. Recently I deployed and have tested over the last month a mechanism I call "perpetual yield buyback machine". Essentially it is a smart contract that autostakes ETH into Lido stETH (earning yield over time) and provides a harvest/buyback mechanism for $zorg. Currently 1 ETH from WNS registrations has been staked into the machine. With ETH appreciating, and more staking, this will provide a floor and interesting design for rest of DeFi to consider for sustainable revenue-token alignment. Article: https://x.com/z0r0zzz/status/2037513719450947709, Contract: https://etherscan.io/address/0x0000000000bb8a44a568ff0a9ef0e7fc20768e22. My suggestion is to keep testing and increasing the buyback stake, and deploy ETH as well into prediction pools and other facets of the protocol. As well, of course, operations. A more actionable revenue source will remain the coin launchpad (which is now stable with two offerings: classic curve & daico fundraises). We can discuss when/if to include a free for launches here. Onward ~ z0r0z