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Boop.Fun leading the way with a new launchpad on Solana.
Aped $Rifts @RiftsFinance
turn Solana wild volatility into yield.
First volatility farming protocol on SOL that captures massive MEV through "rifts" (wrapped tokens). Wrap your assets, let arb bots do the heavy lifting, and watch fees fuel buybacks + LP rewards.
Just few days post launch, they're testing an internal arb engine that's snagged 4.5 SOL in 30 mins, two years back we caught $Peas around 1million+ & it run to 120million.
ETH onchain is ded, sol is new daddy of onchain play.
Nov 27, 17:57
Our internal arbitrage engine (MEV layer) is now undergoing testing.
In its first ~30 minutes, it captured ~4.5 SOL in net arbitrage, fully routed through the wrap/unwrap path we designed.
We’ll be onboarding other token teams to create their own rifts (i.e., wrapped versions of their tokens), with negotiated terms (regarding profit sharing) tied to the arb engine.
For now, all arb-bot fees are directed into buybacks and bootstrapping new rifts. A profit-sharing model via LP staking is planned for RIFTS holders as the next expansion of the system.
The more volatility, liquidity, and integrations we add, the stronger the MEV loop becomes.
RIFTS turns market movement into protocol value.
@RiftsFinance No comparison with any other shit, but just saying volume is on sol chain >>>>
@RiftsFinance Now I think it's good dip, volatility farming looks good on sol chain $rifts.
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