Chill
Chill
SOL-2.38%
Found an intriguing utility project on Solana. $DLMM leverages @MeteoraAG's DLMM tech to generate yield through liquidity provision. Generated revenue goes to buying and burning the token. All the relevant metrics are going up: Supply burned 📈 Treasury value 📈 Revenue Generated 📈 The Treasury is at $65K so far (very healthy). Passive yield should push the token towards supply shock as this trend continues. Still at $600K MC. [ great thread below with all the details. ]
DJ
DJ
$DLMM is quietly becoming one of the most effective burn-loop plays on Solana. - 11% supply already burned - Treasury at $65K - 3% tax on every trade - Revenue → Buybacks - 500K MCAP as of this post 🧵 Here’s why this may be your best bet at catching a play with real mechanics
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