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Josh Cornelius pfp
Josh Cornelius
@joshcrnls
have gone deep on memecoin LPing over the past couple of months and am convinced there's a chaotic consumer product to build on top of the primitive anyone building this, or want to build this? i got ideas
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zakhap.eth
@zakhap.eth
I’ve been thinking about this in regards to a charity memecoin project I’ve been working on for a nonprofit I work with. with price as a measure of “attention”, LPing becomes a form of attention subsidization, essentially deploying capital to absorb the hype cycle’s volatility while driving value to the charity—price range of LP becomes the function of how close to delta neutrality the capital parking is. But this also works in non-charitable market environments too
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