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Joined March 2020
Photo by Eonsin (@Eonsins)Photo by Eonsin (@Eonsins)Photo by Eonsin (@Eonsins)Photo by Eonsin (@Eonsins)Photo by Eonsin (@Eonsins)Photo by Eonsin (@Eonsins)Photo by Eonsin (@Eonsins)Photo by Eonsin (@Eonsins)Photo by Eonsin (@Eonsins)Photo by Eonsin (@Eonsins)
A thriving ecosystem benefits everyone, but for it to flourish, the economic model must prioritize communities, retail users, and holders. If it favors elites, cabals, or platforms, liquidity will siphon off-chain, leading to the ecosystem’s decline. At @vtopiaio and @Robo_Launch, we’re committed to sustainability and shared success. Our flywheel model fosters more winners and fewer rugs by sharing 69% of LP fees pre- and post-graduation. This empowers creators with funding for marketing, DEX listings/boosting, engagement campaigns, and rewarding core contributors. With immediate access to meaningful capital, creators/teams will have the runway to execute their roadmap without having to resort to shady practices like secret bundling or dumping on holders; suddenly, transparency is possible. Aligned incentives replace cutthroat PvP dynamics, encouraging creators and holders to collaborate toward shared goals. This builds trust, drives volume, and creates a win-win for all. Buyers/users will also benefit, especially in a thriving ecosystem; all activities are on-chain. You are facing a pivotal moment; the choice is clear: a ruthless, winner-takes-all system or one with more winners and fewer rugs. Join us to build a sustainable future and win together.
There’s so much fud on the timeline about KOLs buying yachts with their $BONK $PUMP & $GP profits that I have to just maintain my bullishness on @vtopiaio & @Robo_Launch. The fundamental issue with launching a meme coin is funding. Traditionally teams needed to sell tokens into pumps in order to pay for marketing. Other networks started taxing transfers and taking a % for team and maybe some for distribution. It mainly worked but increased friction and the ponzi was exacerbated for higher mc buyers. What @MarzzNyc @KO_Markets & Team have created is the solution to this problem. IF you build something that catches fire you are guaranteed a scalable runway. Keep building & drawing engagement? Guess what… you get paid. This is HUGE for creators. Imagine when creators realize they can sustainably run meme coins without dumping on their community???? What happens when people like @SolJakey realizes his ROI would be epic by using robolauncher? Even smaller accounts like mine would get the gas they need to turn a single launch into a business. If you have the brains to plan a solid campaign & can engage and entertain… this truly is the first time that being a creator of a token could be a viable option. KEEP BUILDING 🤖🦾
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BREAKING: $657 million in tokenized stocks traded on @Solana on Monday, more than double any other day since September. @Backpack-issued stocks made up $598 million of it.
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BREAKING: $657 million in tokenized stocks traded on @Solana on Monday, more than double any other day since September. @Backpack-issued stocks made up $598 million of it.
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"This is literally history, they'll be writing about this stuff in the books." That's Armani Ferrante, founder and CEO of Backpack, on perps coming onshore in the U.S. for the first time. Add 24/7 markets, a tokenized stock market and regulatory tailwinds, and he says "we're really in the middle of a historic transformation." @armaniferrante @Backpack
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“What Circle is to stablecoins, Backpack is to securities.” @ArmaniFerrante explains Backpack's tokenization vision in 43 seconds.
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Last night, my lawyers moved to sanction World Liberty Financial @worldlibertyfi for failing to disclose, until months into my litigation against the company, that it is a citizen of the UAE 🇦🇪 . #WLFI #USD1 For those who are new to this dispute, I was one of World Liberty’s earliest and largest investors.  In November 2024, I agreed to buy $30 million of $WLFI tokens under a Token Purchase Agreement with World Liberty, and I later increased my total investment to $45 million.  In April, I sued World Liberty, alleging that the company induced my investment through fraud and then unlawfully froze my tokens. My Token Purchase Agreement gives me the right to bring my claims in either California federal or state court.  I chose federal court. Federal courts can hear a case like mine only when the two sides come from different places.  Foreign plaintiffs like me can sue an American defendant in federal court, but foreign plaintiffs generally cannot sue a foreign defendant there.  For these purposes, a company like World Liberty takes on the citizenship of each of its owners, so a single foreign owner makes the company foreign.  In other words, so long as World Liberty and all of its owners were American, my case could be heard in federal court. The federal court’s rules required World Liberty to file a disclosure at the start of the case identifying every one of its owners and where each is a citizen.  World Liberty’s disclosure identified only one entity—World Liberty itself—and listed Florida as its sole citizenship.  Its lawyers certified that they were unaware of anyone else who needed to be disclosed. World Liberty then moved to compel arbitration, seeking to pull my case out of open court and into secret arbitration proceedings.  I opposed that motion, and my lawyers spent months and hundreds of thousands of dollars fighting it.  At a hearing in August, the Court signaled that it was not persuaded that my claims belonged in arbitration.  Instead, the Court ruled that certain of my claims should stay in open court, and certain claims should be sent to arbitration, and ordered the parties to meet and confer to come up with a proposed agreement on which claims stay in open court and which ones go to arbitration. Less than a week later, World Liberty suddenly “corrected” its disclosure.  Where it had previously listed only one member in its ownership chain, it now listed 22, and claimed citizenship in Florida, Delaware, Puerto Rico, and the UAE.  World Liberty now says that the federal court has no jurisdiction over my case, since its UAE citizenship means there are foreign parties on both sides of the case. The irony is hard to miss.  World Liberty’s gold paper declares that “[b]y design, World Liberty Financial is not organized offshore,” and that it is “an American, tax-paying, corporation that aims to bring DeFi to its rightful home—America.”  It promises a “US-based decentralized platform” built on “American ideals of liberty, privacy, and freedom to transact,” calls private, intermediary-free transactions “a core American value,” and boasts that “[r]ather than shying away from the United States, World Liberty Financial embraces the United States as the future CRYPTO CAPITAL OF THE PLANET.” World Liberty was proudly American 🇺🇸 when it was selling tokens.  It discovered its UAE 🇦🇪 roots only when it needed a way out of an American federal courtroom. World Liberty presumably always knew who its owners were.  Its lawyers claim that they learned about the company’s UAE citizenship only after they filed the original disclosure.  As my motion explains, if that is true, then either World Liberty’s lawyers failed to conduct appropriate diligence, or World Liberty did not give its lawyers a straight answer.  When we asked how this happened, World Liberty refused to tell us. Token holders deserve to know whether the projects they invest in are telling the truth, both to the public and to courts.  I am filing this motion to hold World Liberty and its lawyers accountable for what I believe was a misleading disclosure to the Court, and to make sure that the cost of World Liberty’s gamesmanship falls on them, not on me.  And after my sanctions motion is resolved in federal court, I will re-file my lawsuit against World Liberty in California state court. I will keep fighting for the transparency this community deserves.
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Eonsin retweeted
$BTC options on Dream extend out to a full year. Trade expiries ranging from 0DTE all the way to November 2027.
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🚀
Issued by Backpack Securities, $SPY is now listed on @Solana with @Sunrise. ▸ Redeemable 1:1 for underlying ETF shares ▸ Transferable to traditional brokerages
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Deposit. Earn. Unpack real stocks. ▸ Earn 3.64% APY* on USD while using it as trading collateral ▸ Unlock up to 12 Deposit Mystery Boxes Opt in and deposit by Nov 8. Keep your funds on Backpack through Nov 22 → backpack.exchange/quests?id=…
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Eonsin retweeted
Call your shot on Dream
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Why do we call MAGAs stupid? Here we go. -48% of Democrats have college degrees. Only 32% of Republicans do. -70% of all Americans with master’s or PhDs are registered Democrats. -Bottom 10 states with the lowest education levels: all Republicans. -Bottom 10 states with the lowest income levels: all Republicans. -65% of the federal fucking budget comes from the blue states. We pay for you to live. So when your stupid ass president gets on TV and says Mexico is gonna pay for the wall, you believe it because you don’t understand how international law works. When he gets on TV and says China is gonna pay for the tariffs, you believe it because you don’t understand how trade works. Do you understand now why we call you stupid? Because you fucking are.
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Brick by brick
Backpack and SK Securities are partnering to expand global access to Korean equities. The partnership combines SK Securities’ institutional expertise in Korea’s capital markets with Backpack’s global reach to bring Korean stock trading to eligible investors through the Backpack app. Building on our existing U.S. securities platform, the partnership also lays the foundation for collaboration in tokenized securities and real-world assets, connecting established capital markets with blockchain-based financial infrastructure. Another step toward a single globally regulated financial marketplace.
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Eonsin retweeted
Introducing the Backpack Market on Kamino. Kamino is expanding loans backed by tokenized equity on Solana with @Backpack Securities, bringing 1:1-backed, redeemable tokenized U.S.-listed equities directly into onchain credit markets.
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Eonsin retweeted
Looks good send it
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The new @Backpack landing page is 🔥🔥🔥 backpack.exchange
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Eonsin retweeted
Introducing the Dream $1K to $10K Trading Challenge. The first trader to turn $1,000 into $10,000 trading options on Dream wins $10,000. The race starts now.
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Backpack and SK Securities are partnering to expand global access to Korean equities. The partnership combines SK Securities’ institutional expertise in Korea’s capital markets with Backpack’s global reach to bring Korean stock trading to eligible investors through the Backpack app. Building on our existing U.S. securities platform, the partnership also lays the foundation for collaboration in tokenized securities and real-world assets, connecting established capital markets with blockchain-based financial infrastructure. Another step toward a single globally regulated financial marketplace.
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Meet the new Backpack app. Feel modern finance.
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If you haven’t watched this yet please do. I don’t care if you are Republican or Democrat, if this doesn’t move you to vote against the current state of affairs nothing will. Our grandchildren will watch this clip in history class, to better understand the political climate during Trumpism.
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Backpack Securities led all issuers by 24h volume, with $105M+ traded on a Sunday while traditional US markets were closed. 24/7 equity markets, natively on @Solana. Build on Backpack 🎒 Source: @Birdeye_so
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Eonsin retweeted
“Honey we can’t buy eggs, we have to set aside $7 to bomb the kids in Gaza. Remember?” Abdul El-Sayed is absolutely crushing it. This is the most brilliant ad of all time 👏🏼
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