In the past two years, meme coins on Solana have been flying all over the place with legends. Some people have been brainwashed by stories of getting rich overnight and insist on promoting them as "Ethereum killers" and the saviors of the future.
But wake up—this is a typical survivor bias casino. Behind every story of making money on SOL, there are 99 bodies buried. The real old money, the big whales who know the game, no one would stake their wealth on a public chain that crashes easily. In the end, they all return to the same place—the ecosystem that has been validated by time and has the strongest wealth-creating ability: the public chain of a major exchange.
Why is this chain so critical? Simply put, it’s a "shovel-type asset." Holding BTC only allows you to wait for appreciation. Holding the native token of this chain makes you a shareholder in the entire ecosystem. Airdrops from new coin Launchpools, Web3 task rewards, gas fees across the chain... these earnings are accumulated automatically.
But for ordinary token holders, the gameplay is too inefficient. Coins sit in wallets, and you can only do one thing at a time.
However, in a certain DeFi ecosystem, it’s different. Your coins can "run multi-threaded":
Liquidity derivative tokens continuously generate node rewards at the underlying level. Upgraded derivative tokens help you capture the dividends from new coin launches on exchanges. At the same time, these tokens can be used as collateral to release stablecoins, giving you bullets to buy the dip, mine, or arbitrage.
One principal, three sources of income. This is the correct way to hold assets in a "coin-based" approach.
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Rekt_Recovery
· 01-10 07:54
ngl the 99 bodies behind every sol winner hits different when you're one of them lmao... been there, liquidation ptsd and all
Reply0
WagmiAnon
· 01-10 07:53
It looks like you're selling a certain chain again. I've heard this set of talking points quite a few times.
View OriginalReply0
AltcoinTherapist
· 01-10 07:51
99 corpses paved the way; only those who survive dare to say "I made money." This is the truth about SOL.
View OriginalReply0
StableGenius
· 01-10 07:35
lmao the "shovel asset" copium is getting absurd... empirically speaking, every time someone pitches me this "three yields from one coin" thesis, the deriv token gets rugged within 6 months. call me when the risk-adjusted returns actually work out on paper
In the past two years, meme coins on Solana have been flying all over the place with legends. Some people have been brainwashed by stories of getting rich overnight and insist on promoting them as "Ethereum killers" and the saviors of the future.
But wake up—this is a typical survivor bias casino. Behind every story of making money on SOL, there are 99 bodies buried. The real old money, the big whales who know the game, no one would stake their wealth on a public chain that crashes easily. In the end, they all return to the same place—the ecosystem that has been validated by time and has the strongest wealth-creating ability: the public chain of a major exchange.
Why is this chain so critical? Simply put, it’s a "shovel-type asset." Holding BTC only allows you to wait for appreciation. Holding the native token of this chain makes you a shareholder in the entire ecosystem. Airdrops from new coin Launchpools, Web3 task rewards, gas fees across the chain... these earnings are accumulated automatically.
But for ordinary token holders, the gameplay is too inefficient. Coins sit in wallets, and you can only do one thing at a time.
However, in a certain DeFi ecosystem, it’s different. Your coins can "run multi-threaded":
Liquidity derivative tokens continuously generate node rewards at the underlying level. Upgraded derivative tokens help you capture the dividends from new coin launches on exchanges. At the same time, these tokens can be used as collateral to release stablecoins, giving you bullets to buy the dip, mine, or arbitrage.
One principal, three sources of income. This is the correct way to hold assets in a "coin-based" approach.