For me, GM stands for Good Marketing
Joined August 2017
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Something big is happening in the @virtuals_io ecosystem…
3.27M $LOKY has already been bought back from the open market.
That’s 0.33% of total supply, gone.
And it’s 100% funded by protocol revenue.
But here’s the real alpha...
Read this if you care about the next meta 👇
In the last cycle, utility meant LP incentives, airdrops, or token emissions.
This cycle?
The smartest players have realized one thing:
The only utility that truly aligns with price is Buyback & Burn.
@aave @dYdX @KaitoAI @RaydiumProtocol and @HyperliquidX have all following the Buyback Meta. Loky? Already 3M tokens deep.
Top wallets are quietly stacking $LOKY they see what’s coming.
And the market is reacting fast.
Protocols that consistently earn, buy back, and burn are being crowned as on-chain cash cows and the market is rewarding them with outsized attention.
Here’s why this matters for you 👇
Buybacks reduce supply.
→ Scarcity = Price pressure.
Buybacks funded by fees = Real demand.
→ No reliance on VC money or inflation.
Buybacks prove protocol strength.
→ Only sustainable revenue can support it long term.
And that’s where Loky enters the chat.
Unlike the LARPs chasing memes and AI buzzwords, Loky is building agentic intelligence + financial infrastructure.
And it’s already working:
— Protocol revenue is up.
— Buybacks are scaling.
— Circulating supply is shrinking.
This week alone?
6.23% growth in weekly buyback activity.
Another 2M $LOKY queued up to be removed from supply.
Loky is the intelligence engine behind the agent economy on Virtuals, delivering real-time data, strategic insights, and optimized execution to help agents earn more, perform better, and coordinate smarter across ACP.
This is how long-term holders win.
If you’re in the Virtuals ecosystem and your protocol isn’t doing buybacks,
ask them why.
And if you’re watching $LOKY from the sidelines…
You’re not early anymore.
But you might still be early enough.
If your bags aren’t buying themselves back… why are you holding them?
Every week that passes, more supply disappears. The longer you wait, the more expensive it gets.
📊 Track the buyback momentum here:
analytics.dapplooker.com/das…
been thinking about ai agents a lot this week
a year ago they could barely summarize a text, now the entire tech stack is warping around them
banks in the us are literally panicking rn because agents are getting into accounts and trying to move money on their own
and instead of giving up, devs build an actual physical robot arms with fake fingers to tap phone screens so apps don't detect a bot
legacy banking is just not built for this. credit cards, 2fa, phone verification... it all breaks when you have ai agents trading 24/7 without sleeping and doing a million micro actions
they are going to ditch credit cards for crypto. not because of some web3 hype
but because crypto is the only money you can actually program without a bank locking your card every five minutes
6/ Even Union Minister @jayantrld Jayant chaudhary and his wife have declared personal crypto holdings
indianexpress.com/article/in…
7/ Other asian countries are writing the rules and keeping the activity inside their borders
india is taxing crypto while pushing much of it outside.
if the goal is to be a Vishwaguru in technology and finance, clear regulation with investor protection and strong AML looks like the practical path others have already started taking
why are we still waiting?
Omkar retweeted
R.I.P. a16z Crypto
they are moving from crypto into frontier tech
this is the kind of stuff you see around crypto cycle bottoms
the last drop of blood from the crypto grift has been extracted time to move on to the next grift, probably a robotics fund
no one is coming to save crypto anymore
a16z crypto invested $10B in 50 crypto projects in 3 years, but 12/50 of them dead or shut down
no surprise every crypto VC firm has done this privately if not publicly yet
crypto is so intertwined with every other frontier technology area now, and the word is so associated with historically unserious people, that it no longer makes sense for any VC to define as such
also Ali Yahya left a16z
R.I.P. a16z Crypto
they are moving from crypto into frontier tech
this is the kind of stuff you see around crypto cycle bottoms
the last drop of blood from the crypto grift has been extracted time to move on to the next grift, probably a robotics fund
no one is coming to save crypto anymore
a16z crypto invested $10B in 50 crypto projects in 3 years, but 12/50 of them dead or shut down
no surprise every crypto VC firm has done this privately if not publicly yet
crypto is so intertwined with every other frontier technology area now, and the word is so associated with historically unserious people, that it no longer makes sense for any VC to define as such
also Ali Yahya left a16z
papertrade is slowly dying…
turning $PAPER into a worthless token another great idea died before it ever had a chance
they decided to murder traders. everyone who lost real money farming this shit just got told the token stays locked forever, no transfers, no exit lmao wtf
went from insane volume and $20M+ revenue days to $178k and dumping OI after they made it non-transferable
early bags diluted on top of it even the biggest losers were still red after the USDC rewards
it feels like scam energy not even a clean rug, just the fucked slow version where your bag is dead and you’re stuck hoping more people keep getting liquidated
this is classic in crypto
Omkar retweeted
1,646,196.44 BNB ($1.2B) has been permanently removed from supply
Remaining total supply: 131,512,085 BNB
Here is the context that usually doesn’t get as much attention:
Cumulative Progress
- Original supply: 200 million BNB
- Total burned to date: roughly 69.5 million BNB (~34.2% of the original supply)
- Still left to burn to reach the 100M target: ~31.5 million BNB
The reduction has been steady across nearly a decade of quarterly burns
🤖 Made with AI
1,646,196.44 BNB ($1.2B) has been permanently removed from supply
Remaining total supply: 131,512,085 BNB
Here is the context that usually doesn’t get as much attention:
Cumulative Progress
- Original supply: 200 million BNB
- Total burned to date: roughly 69.5 million BNB (~34.2% of the original supply)
- Still left to burn to reach the 100M target: ~31.5 million BNB
The reduction has been steady across nearly a decade of quarterly burns
🤖 Made with AI
Dual Deflationary Design
There are two main burn mechanisms:
1. Quarterly Auto-Burn — the large, scheduled reduction toward the 100M target
2. Real-time BEP-95 burns — a portion of gas fees is burned in every block. This continues even after the 100M target is reached and is tied directly to network activity (ratio set by validators)
Other Notes
- Burns are executed on-chain by the BNB Foundation and sent to the blackhole address
- The Pioneer Burn Program allows verified lost tokens to be counted toward the quarterly burn total while users are reimbursed
- The next estimated burn (38th) is currently tracking around ~1.5M BNB, but the final number will depend on price and block production in the coming quarter
The schedule is known in advance, so market reactions are usually muted. The real effect is the long-term reduction in supply
Omkar retweeted
Prime minister Ambani is going big…
@Bitget_TradFi just listed $JIOUSDT Pre-IPO perpetual futures
Why you should not miss this opportunity
> Indian retail can only bid from Oct 21–23 and the stock lists around Oct 28 but crypto traders can already long or short the market’s expectations right now 24/7 on Bitget. That timing gap is the core opportunity.
> Up to 20x leverage means you can control a much larger position with less margin. A strong move in Jio’s expected valuation can generate outsized returns (or losses)
> You can go long if you think the market is underpricing the $109B valuation or short if you expect listing weakness, valuation compression or broader market risk-off. Traditional IPO allotment is long-only and uncertain.
> Once Jio lists and the stock price stabilizes, Bitget plans to convert the pre-IPO perp into a regular perpetual that tracks the real BSE/NSE price. Traders who position early can potentially stay in the trade through the listing event instead of being forced out.
> It is India’s largest-ever raise (up to $3.2B) tied to a company with 524M+ users which is huge and an implied mcap that would make it one of India’s top-4 listed companies. Big events tend to attract volume and volatility
DYOR, NFA
Do you think Ambani is the real boss?
Prime minister Ambani is going big…
@Bitget_TradFi just listed $JIOUSDT Pre-IPO perpetual futures
Why you should not miss this opportunity
> Indian retail can only bid from Oct 21–23 and the stock lists around Oct 28 but crypto traders can already long or short the market’s expectations right now 24/7 on Bitget. That timing gap is the core opportunity.
> Up to 20x leverage means you can control a much larger position with less margin. A strong move in Jio’s expected valuation can generate outsized returns (or losses)
> You can go long if you think the market is underpricing the $109B valuation or short if you expect listing weakness, valuation compression or broader market risk-off. Traditional IPO allotment is long-only and uncertain.
> Once Jio lists and the stock price stabilizes, Bitget plans to convert the pre-IPO perp into a regular perpetual that tracks the real BSE/NSE price. Traders who position early can potentially stay in the trade through the listing event instead of being forced out.
> It is India’s largest-ever raise (up to $3.2B) tied to a company with 524M+ users which is huge and an implied mcap that would make it one of India’s top-4 listed companies. Big events tend to attract volume and volatility
DYOR, NFA
Do you think Ambani is the real boss?
Checkout the Bitget’s $JIO Pre-IPO Perpetuals were featured on bloomberg xitter.cf/bitget/status/21110496…
In a recent Bloomberg piece, Bitget’s $JIO Pre-IPO Perpetuals were featured as a new venue for traders to express their views on Jio Platforms’ valuation ahead of its public-market debut.
Read the full details here ⤵️