/director @fullyallocated

One of the coolest features of @BaselineMarkets is the ability to borrow against your $REPPO The more you dive in, the more you become bullish

The agentic economy will have trillions of agents, each with their own token. It’s not realistic for this to be built on market infrastructure that requires human market makers or liquidity that has to be managed. Virtuals saw this pretty early, and are leading the charge implementing a new kind of token infrastructure where trading activity is more tightly integrated with token value and holder benefits.

Virtuals Protocol @virtuals_io

5 days ago

x.com/i/article/2060…

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x.com/i/article/2060…

@BaselineMarkets explained simply ⛽️ A lot of people are asking what Baseline actually changes for $REPPO, whether they need to mandatorily stake, rebuy, how exactly is this is bullish for the network. The simplest answer: You don’t need rebuy, stake/unstake, or move anything. Baseline is not asking holders to become LPs. It makes the token itself manage its own liquidity. That is the key difference. 🧵

@H2Masha @virtuals_io The pair is still $VIRTUAL and the fee structure is the same.

A meaningful milestone for the Virtuals ecosystem: @reppo becomes the first agent to upgrade to token-owned liquidity through @BaselineMarkets. A step toward stronger liquidity rails for the next generation of agent tokens.

Baseline @BaselineMarkets

6 days ago

For the first time ever, a live token is migrating its liquidity to Baseline DEX. @reppo, the most traded token on @virtuals, is making the move. But why would they leave the DEX they're already on?

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ok guys. another alpha. Intelligence tokens need intelligent liquidity. so, the biggest question we always ask ourselves on behalf of the trenchors is - how can we have an up only chart. for the longest time, the answer was "defi 1.0 dynamics". but that always ends, badly. We have been working on 2 new mechanisms that SHOULD help with the charts naturally, through maths and physics and onchain thermodynamics. today is the first experiment on one of these mechanics. worked with the insanely smart gigachads at @BaselineMarkets since Q3 last year on this. took a while to make sure things are audited and mythos-proof. Study the physics behind @BaselineMarkets and then tell me if we should be coming after DEXes market shares. 🤔 tldr of how you should study this mechanics - Buy @reppo token on virtuals.io or kyberswap - Stake the tokens to earn yield WITHOUT IMPERMANENT LOSS unlike amm yields - see it auto farm for you over time - as trading activity feed the baseline pools, you will see your borrow amount increase - borrow against your stake amount WITHOUT ANY LIQUIDATION RISK, and loop it to buy more @reppo tokens - price goes up coz no liquidation hunters. - 3,3 tldr of a tldr: just buy gud tokens with innate 3,3 mechanism

Baseline @BaselineMarkets

6 days ago

For the first time ever, a live token is migrating its liquidity to Baseline DEX. @reppo, the most traded token on @virtuals, is making the move. But why would they leave the DEX they're already on?

17 16 93 51K 12

Big win for $REPPO holders. We have migrated from Uniswap V2 to Baseline.markets Staking rewards for holders without IL, borrowing, and many other wins for $REPPO holders

Baseline @BaselineMarkets

6 days ago

For the first time ever, a live token is migrating its liquidity to Baseline DEX. @reppo, the most traded token on @virtuals, is making the move. But why would they leave the DEX they're already on?

17 16 93 51K 12

We're big supporters of @reppo and appreciate them on taking a bet on @BaselineMarkets as the DEX of choice

RG @rgvrmdya

6 days ago

$REPPO is always at the forefront of innovation. Been cooking this for many weeks now. Take a few minutes to understand why this is such a big deal for all $REPPO holders. In our view. @BaselineMarkets is a superior DEX and unlocks new utility for $REPPO holders. The

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As you know, I love simulations and with incredible forecasting technology like AI, we can be very confident of how simulations will play out in practice. I'm also not shy to talk and speak openly about the token. Founders and core contributors should stop acting like token doesn't matter. It does. Build a solid product and ecosystem - reppostats.com Build a solid token without larpy MMs with value flowing back to holders. This is how we expect the migration will positively impact @reppo and $REPPO holders. - sim.baseline.markets/dataset/REPPO ⛽️⛽️⛽️

Thankful to @rgvrmdya, @reppo, and the @virtuals_io team for taking a chance on Baseline, spending time learning about the mechanics, and working with us to get this migration across the line. Looking forward to showing why @BaselineMarkets is always the better choice for token liquidity, and excited to help both these teams succeed!

RG @rgvrmdya

6 days ago

$REPPO is always at the forefront of innovation. Been cooking this for many weeks now. Take a few minutes to understand why this is such a big deal for all $REPPO holders. In our view. @BaselineMarkets is a superior DEX and unlocks new utility for $REPPO holders. The

4 8 89 9K 6

$REPPO is always at the forefront of innovation. Been cooking this for many weeks now. Take a few minutes to understand why this is such a big deal for all $REPPO holders. In our view. @BaselineMarkets is a superior DEX and unlocks new utility for $REPPO holders. The biggest one, we are letting go a share of the trading fees we earn to holders. Why? Because token holders matter.

Virtuals Protocol @virtuals_io

6 days ago

A meaningful milestone for the Virtuals ecosystem: @reppo becomes the first agent to upgrade to token-owned liquidity through @BaselineMarkets. A step toward stronger liquidity rails for the next generation of agent tokens.

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For the first time ever, a live token is migrating its liquidity to Baseline DEX. @reppo, the most traded token on @virtuals, is making the move. But why would they leave the DEX they're already on?

@skalskip92 That's right. I single-handedly created something with 26.6 times the information density of MS-COCO. All by myself.

Launching a DEX is a pain in the ass. Would not recommend. The hardest part is not even the bonding curves; it's coordinating the integration with indexers and routers. Those teams are insanely busy, get requests all the time, and we're asking them to re-imagine what a DEX and an AMM is to work with us. That said, happy to announce that @BaselineMarkets is in final stages of integration with @KyberNetwork, @okx dex, @0xProject and @coingecko @GeckoTerminal @dexscreener @DefiLlama Having this in place ensures that every token launched on Baseline will get optimal routing across 50+ trading venues. We'll be announcing our first launch partner next week. Get ready.

@AzFlin I remember when they were happy to take my 10K for their seed round but never gave me the tokens for their launch and told me in an email I'll get them a year later 🤣

Thats just false. Vol-based dynamic fees were committed in the @LFJ_gg codebase in 2022 with the release of their V2. The same exact fee logic (incl variable names!) were committed in your codebase a year later. You guys are a great team and have a lot to be proud of. But falsely claiming others work as something you pioneered isn't right. People already respect you and @MeteoraAG for things that did happen. No need to stain that by taking credit for things that didn't.

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Why is @MeteoraAG acting like they invented dynamic fees when they copied @LFJ_gg back when it was called Trader Joe? Apple copied Microsoft copied Xerox moment innit 😂

Soju 燒酒 | Meteora @0xSoju

2 weeks ago

Every Solana AMM has copied @MeteoraAG with dynamic fees. Why hasn’t @Uniswap?

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Baseline is now routable through @KyberNetwork Trade Baseline tokens on @DefiLlama, @lifiprotocol, & 200+ apps and wallets powered by Kyber!

How does Kamigotchi fit into Asphodel? A bunch of people have DMed me to ask about this since we announced the project, and I figure it's worth taking time to explain how this will work. We're now working on two games simultaneously. @asph0d37 and @kamigotchiworld. Crypto users distrust this situation. Why? Because they expect us to neglect or abandon the older project. They are justified to do so - this is usually what happens in this situation. But the truth is, Asphodel has been around longer than Kamigotchi has. The first Asphodel playtest actually dropped before Kamigotchi did - in late 2022. We announced Kamigotchi on the account used for that playtest - @asphodel_os - at the start of 2023. x.com/asphodel_os/st… Yep. A vending machine sitting in a trashyard. Asphodel was always supposed to live on Ethereum, because I want it to live forever. And I don't really believe any chain other than Ethereum is future-proof. But it became kinda obvious that Eth wasn't quite ready for people to build games, especially not if they were built to last. The fee environment and ecosystem both had big problems. We knew it wasn't ready to go to market. So I knew the only way to work on onchain games, for the time being, was to build on an L2. It didn't feel right to build Asphodel on an L2, though - so we decided to build a game designed to run on an L2 rather than the L1. That was Kamigotchi. From there we put Asphodel down for a full three years. We accepted we wouldn't be able to come back to it for a long time. The twitters went silent. We left the art and code in storage. So why work on it now? Two reasons. One, because Eth is finally almost ready for people to build games. To be blunt, I decided in 2022 to dedicate my life to building immortal games on Eth. Everything else is a stepping stone to that. If it's finally possible, I'm there. Two, because Kamigotchi simply isn't acquiring enough users on its own to survive, and it deserves to grow way bigger than it is. Passion aside, the second point here was the decider. We built the largest and most complex fully onchain game that's ever existed; it has a small, but very dedicated fanbase. And unfortunately, due to being on our own appchain, it just hasn't reached enough people. We knew we had to go to another ecosystem. At first I considered migrating Kamigotchi - but this would sacrifice most of our income potential from the game (gas fees). And to be honest, I'm a little attached to Yominet. So I started to think, around January - what if we go back to Ethereum? What if instead of migrating Kamigotchi, we re-activate Asphodel? What if we just start building early parts of Asphodel now, and use them to drive people into Kamigotchi? It made the most sense to me of all our options - we'd kill two birds in one stone. We finally get to go back to the game we paused, and we give Kamigotchi the channel for new user onboarding it needs. So, for the moment, we're working on releasing the Asphodel Prologue - a first, self-contained part of Asphodel, designed to sit at the top of the funnel and feed users into Kamigotchi later. So what happens to Kamigotchi? It develops in parallel with Asphodel and they feed off each other. You can think of Asphodel as our ecosystem-level brand. The game studio behind @kamigotchiworld has always been Asphodel Studios. In that sense, Kamigotchi is already a part of Asphodel. This is a shared world. They obviously share lore if you're paying attention - and the assets from one game will eventually be usable in the other. To be more specific: The Kamigotchi NFTs will be fully playable characters in Asphodel itself. However, they *won't* be playable in the Prologue. The Prologue is entirely self-contained and built around $ONYX; 90% of all funds spent in the game go into player reward pools. The economics only work if every player individually "buys in" by minting in $ONYX. It literally would not work if we allowed external characters to enter. Once the Prologue is finished, we'll be working on what we're internally calling "Dungeon Mode", in which Kami will be playable. You'll be able to bridge them over to Eth mainnet, and they will have a place in-game. They will always have a place in Asphodel. After that, we're unsure if we'll focus on expanding Kamigotchi with a faction system and in-game construction, or whether we'll see more demand for a new game mode in Asphodel. I don't really know which will be more popular. What I do know is if we're not actively updating Kamigotchi world with new features, people will expect more Kamigotchi integrations in Asphodel. We're planning around that. Longer term, there's a lot of features and mechanics we can still only do on Yominet. It's going to be years before Eth is at the point where Kami could fully merge into Asphodel. I expect that Kamigotchi on Yominet will be getting updates for a while - there's only so much we can do on Eth mainnet right now. Ok. What now? I'll be posting more details daily. Expect the Asphodel playtest to open in "about 10 days", and expect mainnet before the end of the month. Updates on the new Kami content and the upcoming event will also drop soon :) Thanks for reading my very long post. TLDR; They're part of the same overall game, Kami have a place in Asphodel, consider them parts of the same project. They move forward together.