Source item
Open original source ↗once people understand this + custom pairs + callout rewards then it'll be easy to understand how you can price this the same way you price L1s
am heavily convicted in the super app thesis playing out this cycle
Quoted context
These are the quoted author’s words.
ppl are not pricing in pump essentially becoming an L1 as underlying infra for other launchpads on top nobody is tracking how much they are giving away in creator fees, its nearly 1 to 1 with the amount of revenue they're making, so teams are highly incentivized to just build on top, for every $500M in rev there's ~$500M in creator fees to coin creators bc of the fee structure post-bonding & the economics are much better than L1 economics because pump benefits from getting fees from every launchpad layer *and* every coin from every launchpad
blknoiz06 ↗