.@backpack enabled this before @jpmorgan

Open interest continues to reach new all-time highs, surpassing $14.7B.

Rebalanceei 3% de $SOL para $HYPE hoje, acho que o risco-retorno para fazer 50%/100% está melhor 👋

NO MORE FUD 1. Concentrated Holdings (One or more wallets hold over 5% of the total supply.) The wallet BTj8PnzNvCryR2DQkqsB6GHYhRTQrPbDMUrGk1JZbzRu contains the tokens reserved for future airdrops across upcoming seasons. These tokens are currently locked. You can always check for any changes to this allocation on Solscan. By participating in future seasons, you may be eligible to receive a portion of this allocation. 2. Suspicious Top Holders (The top holders control more than 100% of circulating supply.) The wallet F8ngMXwcDi9dwcfwcWFDp3bdthzy2a6GggHgWPCXAse4 is Magna’s wallet and is responsible for managing the on-chain vesting of the FRAG token. It serves as the on-chain management platform for the locked allocations of investors, the ecosystem, the foundation, and core contributors. This contract is fully deployed on-chain and cannot be modified by the team. The vesting process is automatic, transparent, and verifiable on-chain. Therefore, the fact that the top 10 holders control more than 100% of the circulating supply is completely natural. 3. Mint Function Risk (Token minting is still enabled.) The mint function has already been disabled. You can confirm that this is a fixed supply token by visiting: explorer.solana.com/address/… 4. Metadata Update Risk (Contract metadata can be updated.) The metadata update risk you're referring to is simply FUD. Most Solana governance tokens do not set the updateAuthority to undefined and instead keep isMutable: 1. This is because the update authority is often assigned to a DAO multisig, allowing metadata to be updated through governance. It also enables the team to respond in cases where the token image or URI breaks. 5-6. Liquidity Concern (Current liquidity is too low.) Most of the liquidity is currently provided on centralized exchanges (CEXs), with CEX-DEX arbitrage managed by market makers helping to maintain balance. This is because the token launched less than a week ago and the majority of trading is still taking place on CEXs. That said, we are actively exploring various strategies to improve DEX liquidity going forward. 7. Liquidity Not Secured (Less than 95% of liquidity is locked or burned.) Burning or locking liquidity is a practice commonly seen in meme, often used to signal that the coin is not a rug. However, it is rarely used for governance tokens, as LP positions need to be rebalanced based on market conditions. Believing the labeling provided by data analysis tools without properly investigating them is a certification of low intelligence. If you're looking at this Nansen data, please compare it with other recently issued Solana governance tokens. You’ll realize that you’re just spreading FUD. $SOON: app.nansen.ai/token-god-mode… $HUMA: app.nansen.ai/token-god-mode… They’re all outstanding Solana builders. If you think you can call them a rug pull, go ahead and try.

ASR is now live for Q2. If you voted during Q2, you can claim your Active Staking Rewards on vote.jup.ag