Ongod

updated motion manifesto is now live motion.gift/manifesto here's how buybacks will work • 20% of daily MOTION token fees • 100% of net trading fees from the terminal • 100% of net API fees • 100% of membership revenue after costs all of this goes toward regular $MOTION buybacks -> 50% of purchased tokens will be burned -> 50% will go into liquidity 100% of collected LP fees will go back into buying and burning $MOTION after execution costs and since the terminal has been running at 0% fees until now, i already made the first buyback today $850k in total trading volume so far i used 0.2% of that amount ($1,700) to buy $MOTION half was burned, half added to liquidity robin.etherscan.io/tx/0xbc59… tomorrow i'll try to make everything even more transparent, with automatic calculations directly in the dashboard also working on locking the LP while keeping the ability to claim fees for future buybacks. hopefully that's possible if you hold $MOTION, you'll still be able to trade at 0% fees i'll share the exact holding requirements tomorrow trading fees for non-holders will start on november 9 one important thing i want to make clear, and i'm putting this on record right now, at the time of this announcement right now i'm ready to direct 100% of the platform's eligible net earnings toward $MOTION buybacks, burns and liquidity this is possible because we've already built up a reserve from token fees but as motion grows, infrastructure, development and operating costs will grow too so this percentage may change in the future, just like the platform trading fee and the amount of $MOTION required for 0% trading i want the growth of motion to directly benefit $MOTION holders as the platform grows and generates more revenue, more value should flow back into the token that's the idea behind this model but motion is also a business, and eventually it needs to generate sustainable revenue to survive and keep growing i don't want anyone to mistake the current model for a permanent promise i've always tried to be as honest and transparent with you as possible, and i think everyone understands that motion.gift/analytics/buybac…

i added a new chart on the $MOTION page comparing our trading volume with padre, maestro and fomo during their first weeks all based on historical @Dune data, starting from week 1 and tbh, motion's growth looks pretty impressive considering how recently we launched • week 2: $102k • week 3: $302k • week 4: $212k • week 5: $185k so far $803k total since october 9 i picked some of the biggest terminals to compare how they started. some grew faster, some slower, but the early numbers are actually pretty close in some cases moving at a really good pace full comparison is live on motion.gift/motion preparing a bunch of technical updates and working on simplifying the $MOTION manifesto

did u really think i'd leave u without an update on a day this green? this is the calm before the storm a lot of work went into the new motion version. much of it is already live on the site just getting everything ready for release new weekly ATH in trading volume btw big day, big updates coming 👨‍🍳