jakiro
Author: 0xleodeng, LK Venture Partner Source: X,@Leodeng08
Recently, Tiny SPL and the first token of the new protocol on Solana are $ NUTs.The last time I had such a surging mood, I may still see ORDI in April last year.
Let’s talk about the conclusion first -if you open your imagination, $ Nuts has the $ order potential of Solana.
Some people say that $ Nuts is a Meme Token. Some people say that the Tiny SPL protocol is just reduced the rent cost and cannot be called huge progress. I think the above statement is slightly one -sided.Many ideas do not vomit.
The following is about peanut $ Nuts and Tiny SPL protocols. I know everything currently:
1. Introduce “State Compression” to Solana
Unlike Ethereum, Solana will charge a account for a account for storing data status on its network, that is, rent.If the account cannot pay the rent, the system will delete this account to reduce the cost of spending data that is no longer maintained.As the price of SOL rises rapidly, the rent is getting more and more expensive.Tiny SPL uses status compression on Solana so that users can own token without paying rent.
Compression is the just need to need Solana.Therefore, the Tiny SPL protocol is a “standard level” improvement, which is similar to the historical significance of Ordinals and Stacks.
2. For large -scale airdrops for the Solana project, provide perfect technical guarantee
Solana airdrop frenzy is coming, and many top projects are preparing for large -scale airdrops.
Through the Tiny SPL protocol, the cost of deploying NFT on Solana has been significantly reduced, and it can even be ignored. It can perfectly achieve NFT fragmentation and the maximum cost savings of MEME airdrops.
For example, @wenwencoin wen needs to be airdropped by one million users. If direct airdrops, it will waste a lot of costs, so Wen choose to apply for users, but if the Tiny SPL protocol is used, the cost of airdrop is almost zero.
3. For the first time, the two-way free flow of CNFT (compressed tokens) and token (NFT & LT;-& GT; FT)
Now, through the Tiny SPL protocol, peanuts token ($ NUTS) and CNFT (Deez Nuts) can achieve equivalent exchange.On AMM SWAP just opened (the founder did not use traditional DEX such as Ray/ORCA/), if you observe from the chain, you will find that you will sell the peanut CNFT yourself, and you will enter the pool through the route Mint Mint peanuts, and change the solution to come out.EssenceWhen you buy peanuts through his DEX, it will automatically destroy the token in the pool, and Mint will give you the same number of peanuts of peanuts.
This change is of great significance and solves the long -term liquidity problem that has troubled NFT.All CNFT project parties can use the Tiny SPL standard to become token, and become a CNFTS that can directly SWAP, so the Tiny SPL protocol creates a new infrastructure of Solana.NFT-FT is just one of the applications, the corner of the iceberg.
4. About the founder of the agreement
The founder of the agreement @Sol_idity was a full -stack engineer of the Web3 payment infrastructure SPHERE. The payment concept item is very strong. The GitHub of peanuts was initially prepared in November 2023, and the project also prepared for two months.
Moreover, the founder is not much coin, and he has proposed to increase the issue, but the community does not allow it, he will not add issuance, it is a typical technology man who loves to generate electricity …
5. About the value of peanut $ NUTS
$ Nuts is the first token of the Tiny SPL protocol. The official launched the SWAP function on January 27, setting up a flow pool, and AMM automatic market.
The start is fair and randomly distributed with freemint, random function Mint, 100-1000, and the randomness and fairness
The total supply of $ NUTS is 2100W, the current price is $ 0.37, and the market value is about 750W
In comparison, the market value of $ Ordi is about 170 times the $ NUTS
6. MEME I have to say (although I personally think that the practical value of Tiny SPL is higher)
On January 3, 2024 by the co -founder of Solana, Anatoly @aeyakovenko was transferred for three days, the Solana community repeatedly expressed his expectations for compressing token.
Needless to say, solana Lianchuang Anatoly, the “call alone to make the rich” effect is obvious. The most well -known community is the MEME currency Silly derived by Anatoly’s tweets and its dinosaurs.The maximum of 27,000 times among its holders.So, will $ NUTs become the next Silly?
In the end, a few eggs:
-Musk has been replied to comment with peanut Emoji emoticons for the last two consecutive days, just echoing $ NUTS;
-The founder posted a Tibetan poem “NFT Soon”, which may correspond to the peanuts that the project was initially said in the project that the project was initially said. There may be surprises …
-The community atmosphere is very good and very powerful. There is no chart when the transaction starts.
-Is news, Tiny SPL has cooperated with OK Wallet members in communication business …
Hey, peanut $ NUTS, this looks so cool!Today we are all peanuts
-If you are optimistic about the new narrative and development of the new bull market in the next new bull market,
-If you must be sure of the historical significance of the “orthodox+practicality” innovative technical agreement,
-If you are still envious of those diamonds who buy ordered ORDI when you are 1U/2U …
-Tayana, $ NUTS, is definitely worthy of your in-depth understanding.
I am very happy to see the contribution of more and more technical developers in the Solana ecology.
