The Black Bull (ANSEM)

great, well thought out, coherent take on ANSEM and the broader memecoin + creator coin meta 10/10 recommend reading this thread AND following @0xSammy

I disagree with @0xSammy here: “There is also no clear reason why protocol partnerships require $ANSEM. Ansem can already direct users toward protocols through content, referral programmes, quests, points, sponsorships or product integrations. Paying token holders to use a protocol amounts to subsidized customer acquisition. Retention will still depend on whether the underlying product is useful once the rewards end” There is an obvious reason. The reason is so @blknoiz06 can make money. Sammy will give him the benefit of the doubt, however I wont. Its also quite sad that Sammy has to make a long post explaining what was once universally understood business and economic principles. Unfortunately due to the convoluted mishmash of ramblings and assertions by KOLs like him, basic logic has been all but completely discarded. None of it makes any sense whatsoever (at least in the way it has been presented). We are all now stupider for having listened to it. Anyways great post by Sammy… a much welcomed injectio

read through the thesis the biggest difference i noticed is that he doesn't want people to see $ANSEM as just another meme he wants it to grow together with everything else he's building bullpen, market bubble, partnerships, content, community... if all of those grow together, the token could benefit too that's a much more interesting idea than most creator coins we've seen

running $ANSEM

$ANSEM's LP went from near zero to $8.5M in TVL between June 24 and July 6 (2 weeks), and now settled back to $5.51M . Currently 16 active pools, with the two top pools from @MeteoraAG and @Pumpfun (swap) fighting every day to see who will stay leading. Yesterday Meteora pool was leading in TVL, today Pumpswap is. Net inflow over the past 30D sits at -$3.9M, while 24h volume remains high at $38.71M . Over the past 30D these two pools alone have done close to $700M in volume and generated $2M + in fees. As @blknoiz06 mentioned, the community did in fact add millions to bootstrap the LP. The Meteora pool has 519 providers with none above 2% in position count. The Pumpswap one is a different picture: 20 providers, with the top 3 holding 84%. Interesting to see a coin that you can call a creator coin or a memecoin or anything else you want doing this much volume and with this much TVL, when there are coins from fundamental projects that have been around and quite relevant since last year that never reached