Yield Day during Permissionless was a ball!
Hosted by @rwa_builders, SOON's Co-Founder and CEO @justsayuluvjo joined the panel: “Solana Spotlight: Money in Motion”, to speak about our first-rate copy trading product, the $SOON Flywheel, how SOON extends Solana performance to other chains, allowing apps and users to benefit from combined liquidity from EVM chains and beyond.
Listen in for the full scoop ⤵️
"The $SOON flywheel has the effect of getting the trading fee from the trading app and using that fund to buy back the $SOON token, creating a continuous ecosystem benefit for all the contributors who were early in the ecosystem."
"We're combining the best of the two worlds, we have the Solana execution environment, so Solana builders can benefit from the performance they are used to, but we also bring in the other ecosystem liquidity and user base into the foray."
"SVM is the only virtual machine that even comes close to web2 performance. @Visa processes 80k TPS, while any existing public blockchains process between 5-10k TPS."
With Decoupled SVM, SOON was able to optimize performance and achieve up to 40k TPS (80k TPS with @jump_firedancer client on Testnet), allowing developers to build real-time first-party consumer apps.
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