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5 633
Real fun will come when permisionless launches open on premium. That’s when we could see a lot of cool ideas come up
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I mean it’s clear
He cares about his 40mil company
Not the 50k worth of fees onchain
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Repost from Jeets Trading Journal
anyone selling cto here on the news that lyle can’t receive fees is retarded, they want your tokens bro, I can feel it in my nuts
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Repost from chjokka's calls
Also, someone dmed me about Stratton asking if it's competing with Premium
They don't and here's why:
Stratton tokenizes real shares via SPV/MM purchases and custodies. also not official RH stock, they just claim it's backed 1:1
They don't solve the MM/Arb problem. for example, if an onchain penny stock pump 5-6x from offchain price, the spv/mm just mint new stock and dump the price to peg it -> same problem as all the memes paired with penny stocks we see. price just nuke when they mint new one and sell to maintain underlying stock price.
not fudding, just sharing info
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Yeah he doesn't need fees, if anything that would complicate things for him legally
