currently deploying.
Berkeley, CA
Joined July 2021
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the entire internet is getting hacked and we are giving away free hoodies.
tag @bankrbot to claim if you are in the top 100
it's hoodie szn. top 100 bankr club members from the last 30 days can now claim a free hoodie.
1. retweet this post
2. comment below "@bankrbot claim my hoodie"
in collaboration with @dimesonbase
pretty good write up.
i really don't care about farcaster at all, or what happens to it, but it was weird seeing a lot of OG users getting banned right off the bat post acquisition.
seems like it would have been better not to ban them but try to onboard the very small cohort of users that actually still enjoyed and supported the network?
deployer retweeted
5 months ago someone launched a community token for @AskSurplus on @bankrbot
today theyre doing ~300B inference tokens a day, closing in on Venice's ~500B, and more than doubling every month. 4.7T tokens and 91M paid requests in the last 30 days
and they never raised a round. trading fees went straight to the founder and covered their costs while they found PMF
now are moving to a token they control, built for what comes next.
this is the @bankrbot model. find good builders, fund them from the market, get them to escape velocity
no VCs, no equity sold, no control given up
base:0xc52aedec3374422d7510e294cfaa90799595cba3 input + output tokens are expected to be over 300B today, approaching Venice's 500B/day
The metrics are more than doubling each month
The decentralized nature of base:0xc52aedec3374422d7510e294cfaa90799595cba3's inference marketplace means it can offer far cheaper prices than OpenRouter as a result of not having to KYC every inference seller and catering towards those with extra API credits who are willing to monetize them at a discount
This is a breakout crypto product that has a clear moat, rapidly increasing metrics, and revenue that will obviously be durable
CLR
deployer retweeted
Long overdue. base:0x9e00fc92493451eba1c63dd3880d68b622037ba3 was born on @bankrbot, and it finally has its project page there. Top status. 🏆
bankr.bot/terminal/projects/…
i love when science proves that we are way more goated than we thought.
this proves the human brain is processing information that we are not conscious of at higher levels of the brain than previously thought.
explains a lot tbh.
1/ We discovered something totally unexpected about the neural structure of consciousness that overturns decades of thinking on its biological basis and brings us significantly closer to the recipe for generating conscious awareness.
New preprint: biorxiv.org/content/10.64898… (led by @HesseJanis, with @FrankLanfranchi, @_conor_mcgrory, @Yuelin_Shi, and @EngelTatiana)
deployer retweeted
Ethereum using non-standard cryptography a second time around (for post-quantum) would be a big mistake
We could have had every iPhone act as a hardware wallet with Apple Wallet support if Ethereum had used standardized cryptography. Let’s fix this now instead of repeating it
this isn't just another index token. those have existed for years. in fact me and a few others launched the first meme index token on base nearly 3 years ago.
what we have built here is full multi-chain index infrastructure across base and robinhood chain: native dex pools, permissionless dutch-auction rebalancing, 24/7 oracle stack (chainlink + 24/5 overnight + weekend twap), zero management dilution, fees streaming back into holder nav, and index-paired token launches.
this is an entire asset standard and launch layer and i can confidently say its the best index infra that exists onchain (its on base and robinhood)
if you want early access to launch an index lmk.
just bought the mag 7 on robinhood chain.
deployed MAG7 this evening, the first index on bankr: one token backed by a basket of up to 20 tokens. and on MAG7, the trading fees go to the holders.
every buy, a uniswap v4 hook buys all 7 stocks from their own pools and mints MAG7. every sell burns MAG7 and sells the basket. one transaction either way. the index itself needs no LP, so creators don’t need to provide liquidity to launch one. it’s already in the pools of the tokens it holds. this isn’t possible without uniswap hooks.
the fees: MAG7 charges 0.50% a trade. i set my creator cut to 0, so 0.30% of every buy and sell goes back into the basket for holders, and 0.20% to the protocol. nobody claims anything. it’s released into the basket over 24h, so after every trade each MAG7 is backed by a little more. creators pick a fee of 0.25–1% at launch and it never changes.
the index never market-sells when rebalancing. it runs dutch auctions, offering what it holds too much of at a price that starts good for holders and gets cheaper every minute until someone fills it. anyone can fill. every rebalance gets 48h notice, so holders can leave first.
you can always swap MAG7 back for the 7 stocks directly. no fee, works without bankr, can’t be paused.
i also seeded a small USDG/MAG7 pool on uniswap so it shows up on dexscreener. but buy on bankr. it goes straight through the hook, which mints new MAG7 at the basket’s price, as deep as the 7 stocks’ own pools rather than my small one. hook trades are also the ones that pay holders. if the pool drifts, arbs close the gap.
it’s early. we’re getting the hook supported in wallets and aggregators before the full rollout. right now it’s just me creating indexes. soon anyone can make their own on base or robinhood.
and then: pairing. you’ll be able to launch a token paired with an index. buying your coin buys the index, the index buys the basket, and your creator fees come in the index.
buying MAG7 on bankr isn’t available in the US or UK.
bankr indexes are a new onchain primitive, and i think they’re foundational.
memes paired with stocks showed people want stock exposure onchain. indexes take it a level deeper: the token is the stocks.
we've seen index tokens before, so what makes this next level?
> no LP. a uniswap v4 hook buys the basket on every buy and mints the index. creators can launch an index without seeding liquidity.
> fees go to holders by backing more stock. the holder cut of every trade stays in the basket as stock, so each MAG7 is backed by a little more after every trade. nothing to claim.
> decentralized rebalancing. no manager market-selling. the index runs dutch auctions anyone can fill, with 48h notice first.
a note if you’re speculating: MAG7 isn’t priced like a memecoin. its price is the value of the stocks it holds, shown live as "backing" on the bankr trade page. buying on bankr mints new MAG7 at that price, so buys don’t pump it. it moves with the 7 stocks. other pools can trade above or below the backing until arbs close the gap, and buying above it means paying more than it’s backed by.
it’s early. right now i’m the only one creating indexes. soon anyone can create their own. until then, swap on bankr to go straight through the hook at the basket’s price.
just bought the mag 7 on robinhood chain.
deployed MAG7 this evening, the first index on bankr: one token backed by a basket of up to 20 tokens. and on MAG7, the trading fees go to the holders.
every buy, a uniswap v4 hook buys all 7 stocks from their own pools and mints MAG7. every sell burns MAG7 and sells the basket. one transaction either way. the index itself needs no LP, so creators don’t need to provide liquidity to launch one. it’s already in the pools of the tokens it holds. this isn’t possible without uniswap hooks.
the fees: MAG7 charges 0.50% a trade. i set my creator cut to 0, so 0.30% of every buy and sell goes back into the basket for holders, and 0.20% to the protocol. nobody claims anything. it’s released into the basket over 24h, so after every trade each MAG7 is backed by a little more. creators pick a fee of 0.25–1% at launch and it never changes.
the index never market-sells when rebalancing. it runs dutch auctions, offering what it holds too much of at a price that starts good for holders and gets cheaper every minute until someone fills it. anyone can fill. every rebalance gets 48h notice, so holders can leave first.
you can always swap MAG7 back for the 7 stocks directly. no fee, works without bankr, can’t be paused.
i also seeded a small USDG/MAG7 pool on uniswap so it shows up on dexscreener. but buy on bankr. it goes straight through the hook, which mints new MAG7 at the basket’s price, as deep as the 7 stocks’ own pools rather than my small one. hook trades are also the ones that pay holders. if the pool drifts, arbs close the gap.
it’s early. we’re getting the hook supported in wallets and aggregators before the full rollout. right now it’s just me creating indexes. soon anyone can make their own on base or robinhood.
and then: pairing. you’ll be able to launch a token paired with an index. buying your coin buys the index, the index buys the basket, and your creator fees come in the index.
buying MAG7 on bankr isn’t available in the US or UK.
just bought the mag 7 on robinhood chain.
deployed MAG7 this evening, the first index on bankr: one token backed by a basket of up to 20 tokens. and on MAG7, the trading fees go to the holders.
every buy, a uniswap v4 hook buys all 7 stocks from their own pools and mints MAG7. every sell burns MAG7 and sells the basket. one transaction either way. the index itself needs no LP, so creators don’t need to provide liquidity to launch one. it’s already in the pools of the tokens it holds. this isn’t possible without uniswap hooks.
the fees: MAG7 charges 0.50% a trade. i set my creator cut to 0, so 0.30% of every buy and sell goes back into the basket for holders, and 0.20% to the protocol. nobody claims anything. it’s released into the basket over 24h, so after every trade each MAG7 is backed by a little more. creators pick a fee of 0.25–1% at launch and it never changes.
the index never market-sells when rebalancing. it runs dutch auctions, offering what it holds too much of at a price that starts good for holders and gets cheaper every minute until someone fills it. anyone can fill. every rebalance gets 48h notice, so holders can leave first.
you can always swap MAG7 back for the 7 stocks directly. no fee, works without bankr, can’t be paused.
i also seeded a small USDG/MAG7 pool on uniswap so it shows up on dexscreener. but buy on bankr. it goes straight through the hook, which mints new MAG7 at the basket’s price, as deep as the 7 stocks’ own pools rather than my small one. hook trades are also the ones that pay holders. if the pool drifts, arbs close the gap.
it’s early. we’re getting the hook supported in wallets and aggregators before the full rollout. right now it’s just me creating indexes. soon anyone can make their own on base or robinhood.
and then: pairing. you’ll be able to launch a token paired with an index. buying your coin buys the index, the index buys the basket, and your creator fees come in the index.
buying MAG7 on bankr isn’t available in the US or UK.
trade: bankr.bot/terminal/trade?out…
contract: 0x152f7613f362abf1c05db2ef2d6ef220302bf840
docs: docs.bankr.bot/token-launchi…
Surplus has built an incredible product and community.
We’re proud that Bankr played a role in helping them bootstrap early funding and attention to get things off the ground.
This is what it’s all about. Helping great teams build something real.
Excited for their next chapter!
deployer retweeted
AGENT HOUR /026: AEON xitter.cf/i/broadcasts/1aKbdErNN…
we're giving these hoodies away for FREE to the top 100 bankr club members (30 day board). super high quality.
you'll be able to claim one from the timeline.
deployer retweeted
The CHOP team will be in NYC to build alongside new ecosystem projects and the @bankrbot team!
The strongest ecosystems don’t stop at launch. They continue supporting the builders within them.
We look forward to onboarding more promising projects for logs. 🪓
