$LydiaArt - New Era for Meme Coins
Background
Nowadays, money is so easy to be made on minting meme coins that have no value creation for society. Meme coins like $Chillguy achieve >$500 Million Mcap in a few days.
But actually it is not easy.
Out of meme coins on Solana that are minted only 700 surpass Mcap of $1 Mil and 200 surpass $10 Mil.
Human Psycology theory
Even the meme coins which have the best promotion would last only a few hours. There is a phenomenon called “Race to dump” the coins, it is a zero sum game, who exit first is the winner. This is human psychology of the game theory with the prisoners’ dilemma on whether they would rat each other. The Nash equilibria (Best option for best outcome) is to rat first.
Someone came up with a new idea-a new mechanism which crypto investors don’t have to "race to dump" the coins but instead they stake it to earn trading fees from permanently locked liquidity pool. The stakers would receive an income in Sols for forever with compounding rewards of re-staking the meme coins. Actually, Bulb introduced this months ago.
New Era
Now M3M3 platform of Meteora allow users to mint coins then can be stake in its system connected to the blockchain that does that.
The theory is instead of “race to dump” the holders can “race to stake” so many investors will come out as winners when the supply demand stabilised uptrend.
$LydiaArt
I created $LydiaArt to improve one step further than the $M3M3 meme coin, that is it will be backed by income assets. These assets will be initially invested into Liquidity Pool to generate income to reward the stakers. Suddenly this meme coin is not a zero sum game, the stakers who hold $LydiaArt will have continous income. When the assets appreciate in price, $LydiaArt's valuation would also goes up. My goal is to builb $LydiaArt into a giant coin as a holding company.
Buy and stake $LydiaArt at Top Protocol – Jupiter/Meteora
https://m3m3.meteora.ag/farms/E3Se2SazXY3a1CE2vLL4kNZd65qEVqYSgcfgwrmHjRTi…
Token address : CUq3KhpGCPhsHedwjJFhfFHzoiiSYvU8X3bBsVaKxE1X
$LydiaArt Protocol:
- Income in Sols distribute daily.
- LP is permanently locked to generate fees for rewards
- Token price is back by extra real income generation assets Extra rewards to stakers from value creation assets.
- Unstake and sell any time.
