Hi! I was wondering if anyone was selling a pit ticket for the gorge amphitheater? I’m trying to get a ticket to suprise my Hozier loving boyfriend so that he can come with me and my friends. Willing to pay whatever the ticket prices was + fees! Thank you!

I'm selling 2 tickets to Adrianne Lenker on June 22nd at the Paramount Theatre! I paid $54 each for them including fees, reselling at cost and can transfer on Ticketmaster.

I have a extra patty because the sale fell through. I figured I’d try to sell her on here since I know someone else wanted her but I can’t remember their @! so I have just one patty fuzzamallow for retail plus shipping 💜 I do PayPal g&s (you pay the fees) but besides that I don’t charge anything more ^{_^}
Or I’m willing to trade depending what it is :,)
Feel free to dm me for pics / questions / etc! :)
Happy squish hunting :)

Looking to sell my pink vinyl of Badlands for $15 through Mercari, with a roughly $6 shipping fee. I can also sell through eBay, but it would be a bit more expensive to account for fees (although since the shipping ($4.87) is cheaper there it should even out). DM if interested, thanks :)

I know that for a fact that buying KENDU on uniswap from eth requires gas fees. Does it also require something while selling or is that free of charges? Please let a beginner know :)

If securities prices are based on supply and demand (how many people are buying and selling said security), how is it possible then for an index fund, to basically have the same returns of said index (not including dividends and fees)?
The reason I’m confused is because even if the s&p500 as a whole goes up, hypothetically there can be more sellers than buyers selling SPY (just an example) thus I thought the price of SPY should go down then.

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I tried reading all the other articles mentioning her name to find more info. At first, I could only find her first and last name along with her middle initial and her age. One of the articles above, which was written in April of 2022, says she was 29 at the time. This means if she is still alive she is either 31 or 32. Another article mentioned she was from South Carolina so I used this info and I was able to find two addresses to add to my evidence. It seems she moved from South Carolina to Virginia around 2020-2022. Coincidentally the most recent house attached to her name was the same city she talked about in the lawsuit so I’m almost positive it’s a match.
There is one other name that is a possibility that is the same age and lived in Georgia. I also found out there was an alternate spelling of her name with two E’s, which can be done intentionally if you don’t want to sign paperwork under your name or if you’re trying to hide your real identity. (My great-grandfather on my dad’s side switched a letter in his last name before he immigrated to the States back in the early 1900’s. He had been to prison in Ireland and wouldn’t have gotten approved for his visa or whatever the equivalent was at the time.)
A lot of details could just be mistakes by these free Osint sites like the one below. Especially with free ones like the one I used, most of the information unless it can be verified should be taken with a grain of salt. https://inteltechniques.com/tools/index.html
The house she was living in during the trial is in Virginia and the one site said it was paid for up front in September of 2021. It cost 1.2 million dollars and is in a pretty wealthy area of Virginia. One source says her first connection to the house was around August 2020. Two sources say her last attachment to the house and P.O. box was around August of 2022, which would have been a few months after all the court business. She also had a PO Box address listed in both states. The one in Virginia wasn’t too far from her house, but the one in SC was over an hour away from the apartments she lived in before the move. Since the last recorded date attached to the house and PO Box are the same, I think it’s safe to say that she moved to Virginia some time in 2022.
I decided to look at both of the addresses and PO Boxes and the other names connected to them. To stay on track and for privacy, I’ll only mention the people who were associated with the house during the same time Mesha was. Unfortunately, her place in SC was an apartment complex so I couldn’t find much more than that. There were also no real significant attachments to the PO box.
The PO box in Virginia is also attached to a woman who was marked as 124 years. Aside from a phone number, which I’m guessing is a dead lady, there is no other info on her profile. The owner of the home in Virginia appears to be a man in his fifties who has been associated with 5 other homes in the same city in Virginia along with one condo and another home about 2 hours outside Houston, Texas. Looking at the places they are all very modest aside from the house attached to Mesha and one other nearby that also cost a little over a million dollars. He appears to have owned the home Mesha stayed at up until March of 2024 when he moved into a little family home in the same city.
Another one of the people marked as living in the house was a woman very similar to Mesha’s age who had 3 other addresses on file. Looking at the dates it appears she grew up in a tiny little house in the sticks of Virginia, then moved to a cheap apartment, then moved into the mansion with Misha, and got another separate apartment a month later. In March of 2024, her name was taken off the lease and a month later it was also taken off the apartment. A couple of weeks ago another address went on file for a hospital in Virginia. I thought this was strange so I looked at the rest of the people who were marked as living at the address while Mesha was there.
One of them was a woman in her seventies who lived in the same house that Mesha did from September of 2021 to December of 2022. Aside from that, her 5 other houses were in California. The one that goes until 2013 is a multiple-million dollar mansion near Palo Alto that appears to have been paid for upfront. The second one she left at the end of 2016 appears to be a store, possibly with an apartment on top in San Francisco. The third is a multimillion dollar mansion in wine country and it has her on the record up until March of this year. There were also two PO Boxes in the same area of wine country, one up until January 2015 that was linked to a flower business, and the other which was up until March of this year and is linked to a wine barrel production company. The current house she lives in is another million-dollar home in the same general area.
Another name attached to the house in Virginia belonged to a man also around the same age with the same last name as the lady above so I’ll assume it’s her husband. He had four homes attached to him along with two PO Boxes. One of the houses was in Pennsylvania, while the other three were in California. Two of the houses were the same ones that his wife had on her profile and the two PO boxes were the same as well. What I found very interesting was the fact that he left all those addresses in March of 2024 and the most recent one connected to him is the same one that Mesha lived in. It appears he moved in right around the time the other lady’s address switched to the hospital.
There were a few other names that popped up in the search that might have lived there at some point. One of them is most likely the son of the couple who lived there, the only one I could connect for sure though is a 31-year-old man from Durham, whose association with the house started around the same time in May and seems ongoing. While looking into all of the court cases connected to Drake I found another court case from 2019 in Virginia accusing Mesha of defrauding a hotel.
After that I looked everywhere I could only find a few mentions of Mesha Collins anywhere on the web, even on social media. The one name that kept popping up was an actor named Misha Collins. The most obvious connection to Drake is that both of their moms are Canadian and their dads are from the States. That doesn’t mean much, but I found his career arc kind of odd along with his back story. I also found a tweet he made that kinda connects him to the situation. Still, if there is any connection he probably just knows Drake from the industry. https://x.com/mishacollins/status/855135669890437120?lang=en
This is another one from one of Misha’s costars from Supernatural https://x.com/jarpad/status/855236923471708160?lang=en
A random Tumblr post isn’t a source and is most likely fanfiction, but I found this interesting. https://www.tumblr.com/go-diane-wincheste183189140191/misha-collins-is- like-a-pedophile
One thing I was wondering if he could be one of his political connections in the US since he started his career working at the White House during the Clinton presidency and was involved in the Monica Lewinsky stuff. Apparently, he isn’t of Russian descent, but his mom gave him a Russian-sounding name because her dream guy was Russian and he said she was a “pro-communist hippy”. I read somewhere that the furthest he could trace back his ancestry was six generations all from Canada and he was the first generation born in the States. This could mean he has some VERY deep roots, similar to Drake’s mom’s side of the family. On the other hand, he also says he was extremely poor as a child and his parents had a hard time keeping a roof over their heads. https://web.archive.org/web/20131230135930/
http://www.everyjoe.com/ 2008/09/24/entertainment/misha-collins-answers-our-top-3-qs/
Before I begin my schizo conspiracy theory I just want to make it clear, just because the majority of these conspiracies seem right leaning, it’s only because the majority of the entertainment industry lean left. This does not mean that either side is worse than the other, I’m sure they both do plenty of sketchy shit around election time. The only reason I’m bringing this up in the first place is because Misha Collins is very into politics and a huge supporter of the Democrat party. I could care less about politics if it’s not related to the entertainment industry. I try to make sure it’s somewhat connected to Drake, Kendrick, or the events leading up to or following their feud. Considering that before ’08, which is the year Obama was elected, there was very little mention of him on the internet and the fact that most of the articles I found were about his political views, I can’t help but feel he might be like the political version of an industry plant (some conspiracy folks refer to them as “crisis actors”).
I could easily see them hiring young aspiring actors and getting them started in the industry on the condition that they act as a mouthpiece for their political campaigns. Another possible example of this is Kal Penn, but he had a career before he went into politics so it’s a little different. I did find it interesting that Kal Penn came out not too long ago and apparently Misha Collins came out of the closet then took it back later and pissed off a lot of fans.
Aside from some bit roles in some obscure films and TV shows starting in ‘02, his biggest role was on the TV show Supernatural where he had a recurring role from 2008-2020. There was another post on his Instagram showing he had a direct connection to Michelle Obama who also was connected to the whole Jussie Smollett incident, which many would consider political interference and is still playing out in court to this day. I went into this topic more in another piece I wrote a few weeks ago as well.
The earliest source I could find on Wikipedia was in 2011, right before Obama won his second term. It seems he kind of popped up out of nowhere in ’08. The first thing I saw about him when I searched was a giant campaign he did with a bunch of comedians featuring random B through D list actors and actresses. They all did a video together in 2013 where they all took a big dump on Trump and supported Hillary in the presidential race. I couldn’t find the link again when searching, but I did include a similar example below. https://ew.com/article/2016/11/09/misha-collins-emotional-election-video/
Interestingly this was around the time the political propaganda ban was lifted making it legal again in the United States. This has been blamed for the rise of disinformation in the media and politics making their way into the entertainment industry. https://foreignpolicy.com/2013/07/14/u-s-repeals-propaganda-ban-spreads-government-made-news-to-americans/
After Supernatural ended in 2020, he pretty much went back to doing small parts until last year when he won the leading role on his own CW show. It’s one of the superhero shows with ties to the DC universe. In one interview he said that as a child his family struggled with housing stability, but he went to the University of Chicago and got a job a few years later working at the White House for a couple of months during Clinton’s presidency. He could have gotten a scholarship, but my buddy got his degree from there about ten years ago and it was NOT cheap. I also find it interesting that Obama is also from Chicago and so is Jussie Smollett.
One recent movie that’s a good example of government propoganda is the new movie Civil War and the one that came out on Netflix recently called When the World Ends, which is about an attack on the US power grid and another foreign country sowing the seeds to start a civil war in the US. It was also produced by the Obama’s who have also been accused of trying to censor Dave Chappelle while Obama was campaigning for the 2008 presidency.
Right around the time Misha got his first leading role in 2023, he was also heavily involved in the Russia/Ukraine war. Even though he’s Canadian, he went to Ukraine and made a bunch of videos supporting them. Considering the amount of anti-Russian rhetoric at the time, plus the fact it started around the same time as the propaganda ban being lifted, it seems kinda fishy to me. https://english.nv.ua/life/us-actor-misha-collins-arrives-in-kyiv-to-show-support- for-ukraine-50328295.html
Aside from that he’s also done a lot of philanthropy throughout his career and seems like a decent dude. Like I said there is a very good chance he has nothing to do with this whole situation. One theory I have is that when someone sues somebody famous for any reason and they want to cover it up, it would be a good idea to use a celebrity name or one that is one letter off so it will dominate Google search results. For example, I have the same name as a very well-known politician from the early 2000 and his name fills up the Google search results. If my theory of Misha working for the democratic party is true he might have been paid by Drake’s crisis management team to take the attention off their case.
I found his first post on TikTok to be a bizarre video where he talks about why he’s joining the site in the first place. The second comment asks if he’s being held hostage. Like I said I don’t know the guy, he might just be acting weird like a lot of celebs or he’s completely shitfaced. If my theory is correct though this could be some contributing evidence. https://www.tiktok.com/@mishacollins/video/7003144713696054534
This Reddit post also talks about his stance on the Israel Palestine situation. https://www.reddit.com/Supernatural/comments/17xfyu4/im_curious_what_are_your_thoughts_on_misha/
Aside from that, I couldn’t find anything else that stuck out to me on TikTok or any other social media sites for the Mesha Collins involved in the Drake stuff. This doesn’t mean there isn’t though I’m not on any social media so I’m not very good with that kind of stuff.
When I changed up the search settings to show only results from before or after the court case, the only articles that popped up were about a thirteen-year-old from Vancouver who went missing, but she was found not long after. I was able to find her on social media too and there was nothing that would connect to him in any way. Another article that popped up was about a woman from Houston nicknamed “Southpark Shawty.” She apparently also went by Mesha Collins and she apparently passed away in 2019 from undisclosed health issues. This is the only article I could find that says her name was Mesha Collins and it’s from 2024. https://inckredible.com/what-happened-to-southpark-shawty/
I also find it interesting she was a victim of a hit and run two years prior, not long after Mesha was arrested for allegedly breaking into Drake’s home. Interestingly in the article below it said her name was Shantel Nelson. The rest of the articles also had that name and when I looked it up the I did find a 53-year-old woman with the same name attached to a lot of different apartments and homes in Houston and a few spots in Louisiana. I thought the timing was odd considering a lot of stuff seems to be getting wiped from the internet and the fact it came out right around the time the feud started. I wonder if Drake is trying to distract people by sending them down the wrong path. https://www.fox26houston.com/news/internet-sensation-southpark-shawty-recovering-after-hit-and-run
I was wondering if she may have gone viral around the time of the original break in to distract from the case. This is also similar to my suspicions about the actor Misha Collins. I tried finding any connection between Shawty and J Prince since they both lived in Houston. I found that the South Park neighborhood in Houston is in the third ward while J Prince was born in the fifth ward. These two areas are some of the most crime-ridden areas in Houston.
Obviously the odds of her being connected to anything sketchy involving J Prince are pretty slim; however, I did find a video of Snoop Dogg visiting her in Houston back in 2016. In one of her posts she said they were cousins, but Snoop also says everyone is his cousin and it’s more just saying they’re family. It did seem like they were very close at one time though. I saw another article that said a lot of celebs reached out to her after she was the victim of a hit-and-run, but I couldn’t find ties to any other rappers. I thought it was interesting that she often sings in a lot of her videos and she has some pipes. It also seems like she may have been a rapper back in the day because she made a bunch of songs with a local producer over the past few years. I think it’s safe to assume she had some connection to the rap game or was a singer in the past. Considering Snoop and J. Prince have similar histories in the game, I imagine they must have some type of relationship. I go into this more in my actual post. https://m.youtube.com/watch?v=cfaGVreak4M
The big inconsistency here is the two women’s ages. The Mesha who sued Drake would have been young enough to be South Park Shawty’s daughter though. I couldn’t find any mention of her having a daughter, but I also couldn’t find much info on her in general. One thing I thought was sad was the fact that a lot of people made fun of her for being a crackhead. Although she appears to have a history of substance abuse, you never really know. Some people are just naturally high energy and have lots of quirks and big personalities without the need for drugs.
There are also a lot of long term alcoholics and addicts who despite being sober still show the same behaviors. In the case of alcoholics it’s called, “dry drunk syndrome.” This is also a big reason why I can write almost an entire book in a month without really trying. I saw one video where she said she’s been sober for a while and appears to only drink and smoke weed similar to myself. I’ve also met a few people similar to Shawty and they were all very sweet people and very intelligent, as are many recovering addicts. It doesn’t mean she should just be written off as crazy or unreliable. I’ve noticed that many famous black entertainers have been dismissed and called crackheads whenever they start speaking out against the industry or if they have a mental breakdown from all their bullshit.
While looking into the South Park neighborhood I found out that Travis Scott grew up in that area up until he was like eight or nine. I decided to look into more rappers from the area and found the bio of a rapper who went by South Park Mexican and was charged with abusing multiple minors s.ually, including a nine-year-old, and was sentenced to forty years in prison. I find it interesting that his label Dope House Records signed under UMG two years before he was convicted. Considering J. Prince’s history with UMG and a few people close to the case claiming it was an extortion attempt carried out by the husband of a woman he had an affair with, I wonder if J. Prince may have played a part in it. There is a 99 percent chance he’s guilty, but it could be another example of an organized takedown. https://en.m.wikipedia.org/wiki/South_Park_Mexican
I also discovered another rapper who went by Gansta Nip who was one of the founders of the sub-genre horrorcore. He was on J Prince’s label and was also from the South Park neighborhood. He used to write for J Prince’s first group The Geto Boys way back in the day so he has connections in South Park.
Another thing that I found interesting was that Jaguar Wr*ght is from Dallas, which is known to be another hotspot for Texas rappers similar to Houston, but rarely gets much recognition. Along with Austin, they are the big three music cities in Texas, yet it seems like Dallas has always been slept on. I remember during her early interview Jaguar said she moved to Dallas to help foster and promote young aspiring musicians and help them get their footing in the industry without being taken advantage of. Sadly it seems she ended up doing that exact thing when she got a deal with Roku to make a TV show that she said would follow some of these talented up-and-coming artists. It appears that she was charging a subscription fee, but never actually posted any new content that wasn’t already available for free on YouTube or social media. Now pretty much every artist she promoted will have their names connected to a scam artist just by being involved with her. https://www.change.org/p/stop-ban-dalladelphia-oppose-jaguar-wright
I’ve also discussed in the past that she has been airing out some of Diddy and Jay- Z’s dirty laundry since 2022 and seemingly has protection. She also had some wild shit go down about a week after she accused Jay-Z of trying to keep her from boarding her plane in Dallas and was arrested at Chicago Airport. https://ktt2.com/jaguar-wright-arrested-after-allegedly-throwing-her-sons-ashes-32541373
Similar to Shawty, Jaguar is often accused of being a crackhead, but again it appears she may have had a history, but currently only smokes weed and drinks and most likely is struggling with mental illness. Sometimes the weight of these subjects is enough to drive someone crazy on its own, yet alone constantly being paranoid someone wants to take you out. To her credit, Jaguar was also known for being one of Jay Z’s background singers and did come up around the time Diddy founded Bad Boy and the Philly music scene was starting to get recognition. She often talks about how Jay Z has been going after her for revealing some of his past sketchiness along with many other artists from that era.
While I trust her about as far as I can throw her, she did drop a lot of facts about Diddy in the same interview and has been dropping a lot of shit the last couple of months. She also said she used to be married to Katt Williams, who was also accused of being a crackhead after apparently getting death threats for speaking out against the industry. If Dave Chappelle had to go to Africa when he did almost the same thing, I think he probably had every right to be paranoid as fuck. I’m sure some of Jaguar’s info is coming from him and he may even be directly responsible for her blowing up on YouTube right after he did his famous interview in January. I’ve been saying for a while now I think she has motivations way beyond revenge or advocacy, but she still shouldn’t be written off completely.
I wonder if J. Prince has anything to do with this and the Bryshere Gray stuff, which was the main subject of one of my posts here about coordinated takedowns. Considering he has similar motivations and the mob ties to protect Jaguar, it could be why she constantly doxxes herself and doesn’t seem to be too worried despite revealing shit that could easily get her green-lit. It would also explain a lot of my theories on the rise of all these influencers dropping insider knowledge of the industry and the criminal underworld that resides beneath it.
I also wanted to include some links to some other attempted invasions of Drake’s embassy. Along with Misha’s multiple attempts and the three attempts right after the beef, there have been a decent number throughout the years. https://pagesix.com/2021/03/30/woman-armed-with-knife-tries-to-get-into- drakes-property/
This guy claimed Drake was his dad and talks about him selling his place in West Hollywood with a lot of details about him selling his “Yolo Estate” in LA. Weirdly it was published by Breitbart which is a far-right news organization. https://www.breitbart.com/entertainment/2022/07/19/intruder-claiming-to-be-drake-son-arrested-at-rappers-los-angeles-home/
I guess this is one more person who made it through the front door. I wonder if Ye knows who it was? https://ktla.com/news/local-news/drakes-los-angeles-home-reportedly-burglarized-suspect-arrested/
This one was right after Mesha broke in and has more details about her as well. https://www.vibe.com/music/music-news/drake-intruder-hidden-hills-break-in-526090/#!
The rest of the evidence below is just extra bullshit, it’s not super relevant, but it may have some connection to all of this. It’s mostly about human trafficking in Houston. One area in Houston is considered a red-light district. An old friend grew up in the area and used to sell lean heavy so he had a lot of connections to the Houston underworld. From what he told me, shit goes pretty deep like most border states where all forms of trafficking are extremely prevalent. https://www.click2houston.com/news/investigates/2021/09/16/hpd-using-new- law-to-crack-down-on-those-paying-for-sex/
Below are a few more examples of Houston rappers charged with trafficking minors. If anyone has time I didn’t look into any potential connections with J Prince. Houston is massive and there is a huge rap scene so there is a good chance they may not have any connections beyond the city they live in, but you never know, there could be some supporting evidence to my theories. https://www.foxnews.com/us/texas-aspiring-rapper-sentenced-prison-child- sex-trafficking-reports
https://www.fox26houston.com/news/houston-rapper-big-face-tulu-accused-of- trafficking-and-assault-forcing-teens-to-work-for-food-and-shelter
https://www.khou.com/article/news/houston-rapper-jaimian-sims-found-guilty- of-sex-trafficking-of-a-mino285-9eebceb0-fce4-4244-84da-4fb2432c5479
https://www.fbi.gov/contact-us/field-offices/houston/news/press-releases/ houston-rapper-heads-to-prison-for-sex-trafficking-of-a-minor
Lastly, I can’t forget the infamous Houston rapper Viper, who was also possibly signed to SPM’s Dope House Records. He was also from the fifth ward in Houston, the same as J. Prince. https://www.houstonchronicle.com/news/houston-texas/crime/ article/lee-carter-houston-rapper-second-kidnapping- charge-18695638.php
That’s all I have on the case. I know it’s not super relevant, but it’s only a small section that I thought was a good example of how using OSINT techniques could help with finding connections. Also, it’s good to know how these things could be used against you if you’re not careful about managing your online footprint. If you’re just on this sub sharing links or information that is publicly available and couldn’t potentially be used as evidence in a R.I.C.O case, you shouldn’t worry too much. I’m probably gonna have to run the section I wrote about Drake and J. Prince’s mob ties by the mods before posting for this very reason.
To carry out many of these more advanced exploits you’d need teams of people working 24/7 and massive amounts of money to dedicate to each person who you want to keep track of. If they did have incriminating evidence and they planned to share more, they would probably have to kill the person or convince them in some way to stop posting. This usually involves cyber threats at first, and if you continue to post actual evidence they’ll probably get lawyers involved. If they do hire someone to make the threats in person I doubt it would escalate to anything physical or potentially life-threatening.
If they go as far as investing money in hiring a trustworthy goon who isn’t gonna flip on one of the richest and honestly douchiest celebrities in our current era, they most likely wouldn’t take such a major risk unless their freedom is genuinely on the line and your evidence was specifically related to their current case. Even if they do, because of how risky it is they’ll most likely just threaten you and they might get physical depending on the person who hired them’s feelings towards violence. I have another theory that all the dirt about Kendrick is true and Drake has been blackmailing him, possibly for the last 7 years. It seems like all of this insanity in the rap game has been brewing since at least 2016. This is the year all my favorite up-and-coming artists died one after another and the trend continued up until 2021. It’s also around the time Drake started getting in feuds with multiple rappers and was accused of threatening Ye with some type of blackmail. After years of being disappointed, I finally stepped away from discovering new artists in 2021 and started listening to more indie rock not too long ago.
I’m still kinda scared they are going to kill Gucci next, or Kodak, or my favorite newish rapper Lil Darkie. If any of them die suddenly it’s more likely than not someone in the industry wanted them dead because they all have spoken out and revealed shit about the industry. Hopefully, these types of things become less frequent if the alleged R.I.C.O case is legit and there is a movement behind the scenes of rappers trying to do away with the current status quo. It’s honestly sad how a couple of shitty rappers have hogged the spotlight for years, meanwhile, thousands of more talented artists are being slept on or flat-out ignored.
I hope that one thing that comes out of this whole ordeal is that these artists are given a chance to share their talents with the rest of the world without having to worry about possibly being killed if they don’t sign with the right label. If you made it this far you were able to find some of this information valuable. As I said this was just a long tangent I went off on while I was working on my original post. I’ll try to get the rest up soon.
One last thing I’ve noticed lately, it’s probably not related, but recently they changed the date filter feature on DuckDuckGo, forcing you to manually click back every month to get to the desired date. This makes it a pain in the ass to go back further than a couple years and when you try to click it really fast the arrow button moves around so you keep having to move your cursor or tap in a different spot. It’s strange because up until a week ago you were just able to type whatever date you wanted and it was so much easier to find articles from back in the day. This update is such a downgrade from the original it feels oddly intentional. I wonder if it has anything to do with the research currently being conducted along with removing articles that might be used as evidence. Has anyone noticed this as well?
Signing off for now,
The Randomest Moniker

Selling items to clear out my buybacks, will take offers, but only for cash no trades. I also only use PayPal invoice for my transaction. All prices include fees and are in USD.

name	insurance	msrp	pledge	My cost (each)	package Name	how many
GALAXY COMPLETE PLUS PROTECTOR PAINT	LTI	530	530	800	PACKS - GALAXY COMPLETE PLUS PROTECTOR PAINT	x1
Caterpillar	LTI	410	300	390	Combo - Caterpillar & Dragonfly Pack	x1
Dragonfly Black	LTI				Combo - Caterpillar & Dragonfly Pack	x1
Dragonfly Yellowjacket	LTI				Combo - Caterpillar & Dragonfly Pack	x1
SYULEN PLUS TAO’MOA PAINT 100i	LTI	65	65	90	STANDALONE SHIP - SYULEN PLUS TAO’MOA PAINT	x1
100I FOUNDATION FESTIVAL STARTER PACK	6	65	65	70	PACKAGE - 100I FOUNDATION FESTIVAL STARTER PACK	x1
Carrack	LTI	1095	695	720	Package - UEE Exploration 2948 Pack	x1
Cyclone RN	LTI				Package - UEE Exploration 2948 Pack
Dragonfly Black	LTI				Package - UEE Exploration 2948 Pack
Freelancer DUR	LTI				Package - UEE Exploration 2948 Pack
Terrapin	LTI				Package - UEE Exploration 2948 Pack
Constellation Phoenix Emerald	6	520	495	505	Packs - Fortuna Legends Pack	x1
Cyclone MT	6				Packs - Fortuna Legends Pack
P-72 Archimedes Emerald	6				Packs - Fortuna Legends Pack
Ursa Rover Fortuna	6				Packs - Fortuna Legends Pack
100i	6	50	50	40	Standalone Ship - 100i	x1
125a	6	60	60	50	Standalone Ship - 125a	x1
315p Explorer	6	65	65	55	Standalone Ship - 315p	x1
ORIGIN 85X - LTI - OC	LTI	50	55	90	STANDALONE SHIP - ORIGIN 85X - LTI	x1
400i	LTI	250	220	300	Standalone Ship - 400i Pre-Order plus Penumbra Paint	x1
600i Exploration Module	120	475	475	485	Standalone Ship - 600i Explorer - IAE	x1
A1 Spirit	120	200	200	208	Standalone Ship - A1 Spirit - IAE	x1
Apollo Medivac	120	275	275	280	Standalone Ship - Apollo Medivac - IAE	x1
Ares Inferno	6	250	250	240	Standalone Ship - Ares Inferno	x1
Ares Ion	6	250	250	240	Standalone Ship - Ares Ion	x1
Ares Ion	6	250	250	240	Standalone Ship - Ares Ion	x1
Aurora ES	6	20	20	15	Standalone Ship - Aurora ES	x10
Aurora ES	120	20	20	23	Standalone Ship - Aurora ES - IAE	x1
Vanduul Blade	120	275	275	280	Standalone Ship - Blade - IAE	x1
C1 Spirit	120	125	125	130	Standalone Ship - C1 Spirit - IAE	x1
C8R Pisces	6	65	65	60	Standalone Ship - C8R Pisces	x1
C8X Pisces Expedition	6	45	45	40	Standalone Ship - C8X Pisces Expedition	x1
Constellation Taurus	6	200	190	180	Standalone Ship - Constellation Taurus - 2021	x1
Defender	120	220	220	225	Standalone Ship - Defender - IAE	x1
Dragonfly Black	6	40	40	30	Standalone Ship - Dragonfly Black	x1
Eclipse	120	300	300	315	Standalone Ship - Eclipse - IAE	x1
Vanduul Glaive	48	350	350	365	Standalone Ship - Esperia Vanduul Glaive - Vanduul Swarm	x1
Fury LX	6	55	55	45	Standalone Ship - Fury LX	x1
Fury	LTI	55	50	60	Standalone Ship - Fury plus Leatherback Paint	x3
Gladiator	120	165	165	170	Standalone Ship - Gladiator - IAE	x1
Gladius	6	90	90	80	Standalone Ship - Gladius	x1
Gladius	6	90	90	80	Standalone Ship - Gladius	x1
Hawk	120	100	100	108	Standalone Ship - Hawk - IAE	x1
Hull A	6	90	90	60	Standalone Ship - Hull A	x1
Legionnaire	120	120	120	125	Standalone Ship - Legionnaire - IAE	x1
M50	6	100	100	80	Standalone Ship - M50	x1
M50	120	100	100	108	Standalone Ship - M50 - IAE	x1
Mantis	6	150	150	125	Standalone Ship - Mantis	x1
Mercury Star Runner	6	260	260	240	Standalone Ship - Mercury Star Runner	x1
Mustang Alpha	6	30	30	20	Standalone Ship - Mustang Alpha	x1
Mustang Alpha Vindicator	6	30	30	120	Standalone Ship - Mustang Alpha Vindicator 3.3 Flyable	x1
Perseus	120	675	675	690	Standalone Ship - Perseus - IAE	x1
Prospector	6	155	155	140	Standalone Ship - Prospector	x1
Prospector	120	155	155	165	Standalone Ship - Prospector - IAE	x1
Prowler	6	440	440	400	Standalone Ship - Prowler	x1
Ranger TR	120	40	40	45	Standalone Ship - Ranger TR - ILW	x1
Razor	6	145	145	140	Standalone Ship - Razor	x1
Reliant Kore - Mini Hauler	LTI	65	50	150	Standalone Ship - Reliant Mini Hauler - LTI	x1
Retaliator	120	175	150	175	Standalone Ship - Retaliator - IAE 2951	x1
ROC	6	55	55	30	Standalone Ship - ROC	x1
Constellation Phoenix	120	350	350	370	Standalone Ship - RSI Constellation Phoenix - IAE 2950	x1
Sabre	6	170	170	155	Standalone Ship - Sabre	x1
Sabre Comet	120	185	185	195	Standalone Ship - Sabre Comet - IAE	x1
Storm AA	120	100	100	108	Standalone Ship - Storm AA - IAE	x1
Storm	LTI	90	70	90	Standalone Ship - Storm plus Summit Paint	x1
Talon	120	115	115	120	Standalone Ship - Talon - IAE	x1
Vulcan	120	200	200	210	Standalone Ship - Vulcan - IAE	x1
Vulture	6	175	175	150	Standalone Ship - Vulture	x1
Vulture	120	175	175	195	Standalone Ship - Vulture - IAE	x1
Zeus Mk II ES	120	150	150	160	Standalone Ship - Zeus Mk II ES - IAE	x1

name	package	pledge	my price
Hercules Starlifter - Fortuna Paint	Paints - Hercules - Fortuna Paint	13	14
Sabre Paint - Stormbringer	Paints - Sabre - Stormbringer Paint	6	7
Ursa - Respite Paint	Paints - Ursa - Respite Paint	3	4
Eclipse - Ambush Paint	Paints - Eclipse - Ambush Paint	11	12
Fury - Fortuna Paint	Paints - Fury - Fortuna Paint	5	6
F7 Hornet Mk II - Ironscale Paint	Paints - F7 Hornet Mk II - Ironscale Paint	9	10
Redeemer - Polar Paint	Paints - Redeemer - Polar Paint	13	14
Defender - Platinum Paint	Paints - Defender - Platinum Paint	11	12
San'tok.yāi - Tuiping Paint	Paints - San'tok.yai - 3 Paint Pack	20	22
San'tok.yāi - Xuā’cha Paint
San'tok.yāi - Yilen Paint
Hurricane - Flashfire Paint	Paints - Hurricane - Flashfire Paint	9	10
Spirit - Allegiant Paint	Paints - Spirit - Allegiant Paint	6	7
Storm - Darkside Paint	Paints - Storm - Darkside Paint	7	8
RAFT - Hazard Paint	Paints - RAFT - Hazard Paint	4.5	5.5
Anvil Hawk - Timberline Paint	Paints - Hawk - Timberline Paint	4.5	5.5
Vulture - Pyrite Paint	Paints - Vulture - Pyrite Paint	6	7
C8 Pisces - Code Blue Paint	Paints - C8 Pisces - Code Blue Paint	5	6
Fury - Black Star Paint	Paints - Fury - Black Star Paint	5	6
2950 Invictus Valkyrie Light Grey Livery	Paints - Valkyrie - Light Grey Paint	9	10
ROC - Black Cherry Paint	Paints - ROC - Black Cherry Paint	3	4
Avenger - Ironweave Paint	Paints - Avenger - Ironweave Paint	3	4
Corsair - Eternity Paint	Paints - Corsair - Eternity Paint	7.5	8.5
Nomad - Jackal Paint	Paints - Nomad - Jackal Paint	7	8
600i - Cold Forge Paint	Paints - 600i - Cold Forge Paint	11.5	12.5
Mantis Paint - Stormbringer	Paints - Mantis - Stormbringer Paint	6	7
Carrack Paint - Stormbringer	Paints - Carrack - Stormbringer Paint	14	15
Ares Star Fighter - Outrider Paint	Paints - Ares - Outrider Paint	7.5	8.5
Mustang - Stormbringer Paint	Paints - Mustang - Stormbringer Paint	3	4
Constellation - Heron Black Paint	Paints - Constellation - Black Heron Paint	7.5	8.5
Star Runner Silver Spark Paint	Paints - Mercury Star Runner - Silver Spark Paint	7.5	8.5
Scorpius - Tiburon Paint	Paints - Scorpius - Tiburon Paint	11	12
Aegis Gladius - Timberline Paint	Paints - Gladius - Timberline Paint	4.5	5.5
C8 Pisces - Nightbreak Paint	Paints - C8 Pisces - Nightbreak Paint	3	4
Drake Cutlass - Coalfire Paint	Paints - Cutlass - Coalfire Paint	4.5	5.5
Crusader Hercules - Timberline Paint	Paints - Hercules Starlifter - Timberline Paint	11.5	12.5

Timestamp: https://imgur.com/a/StzhaaL
Looking to sell some unneeded mags and basic parts for your aspiring GAFS builds
AR Mag Lot: $175 Shipped 7x Rollermag 30rd Mag NIB 4x Tapco 30rd Mag NIB (FDE) 2x RWB 30rd Mag (Black) 6x RWB 30rd Mag (FDE, 1 Opened) 1x CAA Countdown Mag 30rd Mag with Round Counting Display
Glock Mag Lot: $110 Shipped 1x ETS 31rd G17 Mag 3x RWB 17rd G17 Mag 2x Magpul G26 Mag 1x KCI G19 Mag 1x P80 G19 Mag 1x Glock Brand G21 Mag
Basic AR Parts: Prices per each NOT SHIPPED below, real shipping cost to be added through PirateShip
4x 7in Basic AR Handguard - $7
1x 9in Basic AR Handguard - $10
2x 7in UTG Drop In Quad Rail Carbine Length (Black) - $20
1x 7in UTG Drop In Quad Rail Carbine Length (FDE) - $20
1x 9in UTG Pro Drop In Quad Rail Mid-Length (Black) - $30
8x Basic CHs - ~$5~
1x Magpul MOE Carbine Stock (Black) - $25
1x Magpul MOE Carbine Stock (ODG) - $25
1x PSA Marked Stock - $10
2x Bushmaster Marked Stock - $10
1x Unmarked Stock with Recoil Pad - $10
1x UTG Pro Grip - $5
6x Basic AR Grip - $5
2x UTG Folding Grip (Black, 1NIB) - $8
1x UTG Folding Grip (FDE) - $8
No Ban states (duh). Prices not locked on Parts, shipping to be reviewed with PirateShip, bundles obviously have better deals. Mags shipped to Continental US Only.
Paypal G&S only, I’ll eat fee on it.

Hey guys! I accidentally bought 3 floor seat tickets (section: 104F) to this game thinking it was in Austin. I was hoping to take my brother and his partner since they love soccer. I originally paid $150 each (and an insane amount of fees). Trying to sell them for $100 each ($300 total) just so it isn't a complete loss. I can transfer them via TicketMaster. Thanks in advance!

If I use the same lender for a new house, can I combine mortgages
As the title says, if I get a new house and use the same lender can I 'combine' my mortgage in any way?
Hypothetical situation because I'm just trying to think of all possibilities. I have a mortgage with Bank A. I sell my current home and after all commissions and fees, I still owe 10k on the mortgage. For the new home I'm buying, my mortgage is 500k. Can I add on the 10k I owe on this mortgage to the new one if I use the same lender? Or do I have to close out the current one completely?
Thanks

As the title says, if I get a new house and use the same lender can I 'combine' my mortgage in any way?
Hypothetical situation because I'm just trying to think of all possibilities. I have a mortgage with Bank A. I sell my current home and after all commissions and fees, I still owe 10k on the mortgage. For the new home I'm buying, my mortgage is 500k. Can I add on the 10k I owe on this mortgage to the new one if I use the same lender? Or do I have to close out the current one completely?
Thank you

As the title says, if I get a new house and use the same lender can I 'combine' my mortgage in any way?
Hypothetical situation because I'm just trying to think of all possibilities. I have a mortgage with Bank A. I sell my current home and after all commissions and fees, I still owe 10k on the mortgage. For the new home I'm buying, my mortgage is 500k. Can I add on the 10k I owe on this mortgage to the new one if I use the same lender? Or do I have to close out the current one completely?
Thank you

Here's everything you need to know about PayPal $PYPL. Investment case, innovations, valuations, risks, competition. Everything.
OVERVIEW OF INVESTMENT CASE
Firstly, $PYPL isn't JUST a cheap value play. I truly believe $PYPL has the potential to continue to be the biggest payment processor in the world.
In this thread I'll discuss: - Fastlane - Ads business - Xoom - Braintree - Branded checkout - Venmo - FCF & Buybacks
If 2-3 turn of the above turn out well, then the added value to $PYPL will be huge.
MARGIN ANALYSIS
I'm going to start by looking at one of the core focuses that I'm tracking as part of my $PYPL investment case - margins.
Margins have been getting destroyed over the last 3 years from EBIT margins up at 28.2% down to 13.3% in 2022. This was all because the high margin branded businesses were extremely weak compared to the unbranded and lower margin businesses.
I also attached a graph showing the net and gross margins on a quarterly basis since June '21. We saw a good margin inflection in the quarter ending Dec '23 but then we saw a continued margin contraction again in the most recent quarter.
Management have spoke about this a lot and are laser focused on cost cutting efficiencies and adding simplicity to the business by focusing only on the most profitable segments of the business.
They're not there yet, and this is a clear risk...but I do believe we will start to see a slow change in trend in early 2025 onwards.
FASTLANE
Guest checkout represents about 60% of all checkout transactions so this is a huge TAM. Fastlane is basically a single sign on guest checkout experience which Chriss first introduced during their innovation day back in January.
The aim is to reduce checkout time by 40% and increase conversion rate considerably. Beta testing is showing that they are doing this very well with RETURNING FASTLANE USERS CONVERTING AT ~80%.
For context, guest checkout conversion rates are normally 40%.
If merchants are able to essentially double their conversion rates because of Fastlane, this will have a significant impact on their revenue...and if merchants revenue increases...who benefits? $PYPL
Also this is a branded checkout option meaning much higher margins. Merchants will be willing to pay if the product is as good as early data in beta testing suggests.
Even more importantly, non-PayPal users are opting to use Fastlane at a 40% rate. This appears to be the best checkout experience in the market. 2024 is all about onboarding the best customers before the holiday season and 2025 is all about pricing the product to value.
VENMO
Venmo has so far been a huge disappointment especially considering the strength of the brand, the growth (8% annually), and the affluent customer base.
With $18 BILLION of MONTHLY inflows into Venmo...ONLY 20% OF THAT REMAINS WITHIN VENMO AFTER 10 DAYS.
The 60 million Venmo users see Venmo one way - as a way to send money to friends. And that's it. Alex Chriss and management are fully aware of this.
Venmo is a huge untapped asset. $PYPL have introduced a Venmo debit card and are in the process of trying to get users to use Venmo as more of an alternative bank rather than just a way of sending money to friends. Peer-to-peer payments don't make much money compared to if Venmo were to be used as a bank. In fact, debit card users generate 6x more revenue than peer-to-peer.
$PYPL want Venmo to be used basically as a debit card and alternative bank. To have direct debits going into the company. To tap to pay etc etc.
And this transition is definitely slowly happening...
Venmo debit card user base grew 21% YoY whilst peer-to-peer payments grew 17% meaning more money is gradually staying within the Venmo network. I do believe this will happen but it'll continue to be a slow process simply because there are tons of alternative banks and because Venmo for some time has just been used for the sole purpose of peer-to-peer purposes.
The good news is that the user base is HUGE and ACTIVE. With good incentives to keep money within the network this will gradually grow. Marketing emails are being sent out consistently but for now the incentives need to improve in my opinion.
What does Venmo have to offer over other alternative banks currently? Not much in my opinion. The shift will continue to be very slow unless the value proposition is improved.
Another quick note on the most recent Venmo news around transaction fees for payments of goods and services is increasing to 2.99%. This is good news...though some people don't understand why. Here's why:

1. Previously, fees on Venmo payments for goods and services was 1.9% + 10 cents. This was cheaper than $PYPL branded transaction processing which is 2.99%.
   
2. Therefore this brings the two in line to stop them competing against each other.
   
3. This won't contract Venmo volume because peer-to-peer is still free and is still the highest use case of Venmo by quite a lot. Venmo is not really used for merchants much at all.
   

Nevertheless, this is an untapped goldmine and if $PYPL can execute on this well over the next 2 years, then this is being massively ignored in the $PYPL valuation.
ADS BUSINESS
Now this is very exciting and I think it could be huge for $PYPL. $PYPL hired the Mark Grether who was the leader of the ads business at $UBER who took it to a $1 billion run rate in a pretty short time.
There's no reason $PYPL can't do this and do it even bigger. Here's why:
$PYPL has doubles-sided data. They know where shoppers are shopping and they know who is selling as they have tons of data on both. $PYPL have the ability to connect them and they'll receive a fee every time these ads are converted.
There's very few companies out there that have the amount of double-sided data that $PYPL does. This could be a huge business and a very high margin business.
"About a quarter of the worlds $6 trillion in digital commerce runs through PayPal each year. With nearly 400 million active accounts, and the scale of PayPal's transaction data, PayPal is uniquely positioned to shape a new era of commerce discovery, help merchants acquire new customers, and reengage existing ones." - Mark Grether
Grether is the man to do it as well. He's an absolute veteran in the advertising business. He has been the previous leaders of advertising at $AMZN and at $UBER
XOOM
Xoom is $PYPL's product that allows users to safely, and reliably send money abroad. It's not performed well at all and has shown pretty stagnant growth for a number of years now due to no prioritization from management.
This is all changing. They're using $PYUSD for FEE FREE TRANSFERS. They're becoming strict on the markets they work with. They've redone the interface.
I'm less focused on Xoom, but it's just another potential added catalyst to the investment case. I think management are far more focused elsewhere as well, but at least they are innovating here.
BRAINTREE
Braintree currently boasts around 10% market share and is growing at solid rates (~26% in the quarter). They’ve put a big focus into improving auth rates, uptime, and reliability and have created what Chriss deems to be the best in the market.
The issue with Braintree hasn’t been the product though - it’s been PYPL’s inability to price to value mainly because the merchants haven’t been painted a full picture of what Braintree actually offers on an end-to-end strategic roadmap.
Management are therefore putting a large focus on marketing and painting the full picture of the extremely good product that Braintree is. Merchants are slowly coming aboard as they find out about the offerings.
RISKS
$PYPL isn't a risk free investment by any stretch of the imagination and I think here on FinX it's a pretty even split between bulls and bears.
Bears say:

• The products are poor
• Active customer accounts is declining
• $PYPL is a value trap
• $PYPL has little to no growth
• There's too much competition

I say:

• The products WERE poor. The problem here is that all of the innovations are in extremely early stages aside form Fastlane and Venmo where there is actual data showing improving trends (80% conversion rates and growing debit card users). Of course, this is all early stage data and the risk here is that management has got the public overexcited about the actual potential of these products. It's true management (Alex Chriss - @acce) has done an incredible job at changing the sentiment around $PYPL. It was dire 6 months ago and now there is hope. For those that see his vision like I do, the risk is that we potentially are being too hopeful and acting too early. That's a risk, but I see his vision and I like what he's doing. I think the risk to reward is very strong.
  
• Active accounts are declining yes because branded checkout has been extremely weak compared to competitors. My answer is the same as above. $PYPL management are actively adding AI, password-less checkout experiences, and frictionless checkout. All of this should have happened 2-3 years ago but it didn't. Is it too late? Of course not.
  
• $PYPL is not a value trap. $PYPL is a dirt cheap quality company currently being valued at basically 0% growth because the sentiment around the stock was that bad.
  
• $PYPL is not growing as much as it used to no. But the last year has seen revenue growth creep up towards double digits again. 7.1% growth 8.4% 8.7% 9.4% guidance in the double digits. To value $PYPL at pretty much 0% growth is insane.
  
• Yes there has been growing competition but $PYPL still has the largest customer base in the world, and still is the number 1 player in branded checkout. 1/4 of the world's digital commerce transactions runs through $PYPL. People underestimate just how big $PYPL are. It's crazy.
  

BUYBACKS
There's been questions surrounding whether $PYPL would pay dividends but Chriss said maybe at a later data as the focus is currently all on buybacks of "at least $5 billion" which represents more than 100% of PayPal's FCF.
To me, it's quite clear they'll do way more buybacks than $5 billion. Here's why:
Quite recently, $PYPL announced an offering for a senior unconverted loan note of $1.25 billion. This is NOT because $PYPL are running out of money. They're generated at least $5 billion in FCF annually (Most likely in the mid $6 billion range).
It's also likely not for any acquisitions as Chriss has said they are focused on trimming and efficiency rather than adding any complexities at the moment.
Therefore, the most likely use care of this debt will be to refinance some 2024 maturing debt meaning they won't have to use FCF and existing cash on this. This will leave them will all their FCF and existing cash to fuel buybacks.
This is of course my best guess, but to me it seems pretty likely. All in all, this suggests much greater than $5 billion in buybacks. I hope so.
ANALYSTS
We haven't seen a whole lot of movement in analysts price predictions for $PYPL until recently when Dolev (Mizuho) upgraded $PYPL PT to $90. This is the first of many.
Dolev wasn't too bothered by the $PYPL Fastlane product until recently when he said that:
The 80% checkout conversion for returning customers is a lift of "$1.0-1.5 billion in transaction margin dollar (5-10% upside) over the medium term given the $1.43 trillion of annual e-commerce spend that we believe is addressable by Fastlane."
This PT uplift is mainly centered around Fastlane. Wait until we start to see some success and data around Venmo, ads, Xoom, and Braintree.
OWNERSHIP
Insiders, super-investors, and institutions have been buying up $PYPL consistently.
Paul Tudor Jones recently sold 78% of his $NVDA position and for $57 million worth of $PYPL.
Jim Simon also sold 66% of $NVDA and bought 2.1 million in $PYPL.
Cathie Woods has also been a recent buyer of $PYPL. Now I don't celebrate Cathie owning $PYPL and it doesn't mean much to me, but she's a high profile name and this does get eyeballs on the company that is well needed.
VALUATION
From a valuation perspective, $PYPL is dirt cheap. The company has a 5-yr revenue CAGR of 13.87% and earnings CAGR of 14.4%.
Despite that, it trades at a multiple of 2x EV/Sales and 14.9x non-GAAP forward earnings (vs 6.5x and 32.7x respectively 5 year averages).
Of course, the low multiples suggest the market is worried about the lack of long-term growth but as I've tried to outline in this thread, the amount of growth potential is pretty huge, even if only 2-3 of the innovations actually are successful.
Original Post / Credit: https://x.com/MMMTwealth/status/1798760724271124863?t=5r-arVtCeXxXKpmcos3CMg&s=19

Understanding Fulfillment by Merchant (FBM)

Fulfillment by Merchant (FBM) is a fulfillment method where the seller handles the storage, packing, and shipping of products directly to customers. Unlike FBA, which leverages Amazon's vast logistics network, FBM allows sellers to maintain greater control over their inventory and fulfillment processes. This method can be particularly advantageous for sellers with unique products or specific business needs.

Greater Control Over Inventory

One of the primary benefits of using FBM is the enhanced control over inventory. Sellers can manage their stock levels, packaging, and shipping schedules according to their business requirements. This level of control is especially beneficial for businesses with fluctuating inventory needs or those that sell customized or perishable products. By maintaining direct oversight, sellers can ensure that their inventory is always up-to-date and readily available to meet customer demands.

Cost Savings on Storage Fees

Amazon FBA charges fees for storage, which can accumulate quickly, especially for slow-moving or bulky items. FBM eliminates these storage fees, allowing sellers to use their own storage facilities or third-party warehouses. This flexibility can lead to significant cost savings, particularly for sellers with low-margin products or items that require long-term storage. By reducing storage costs, sellers can improve their overall profitability and reinvest the savings into other areas of their business.

Improved Cash Flow Management

Managing cash flow is crucial for any business, and FBM can contribute positively in this regard. With FBM, sellers are not tied to Amazon's payment schedule, which typically involves a delay between the sale and the receipt of funds. By handling fulfillment independently, sellers can often receive payments more quickly, improving their cash flow and enabling them to reinvest in inventory, marketing, and other business operations more effectively.

Enhanced Brand Control and Customer Experience

For many sellers, maintaining control over their brand and customer experience is paramount. FBM allows sellers to customize packaging, include branded inserts, and offer personalized customer service. This level of customization is challenging to achieve with FBA, where products are often packed in standard Amazon boxes. By using FBM, sellers can create a unique unboxing experience, strengthen their brand identity, and foster customer loyalty.

Flexibility in Shipping Options

FBM provides sellers with the flexibility to choose their shipping carriers and methods. This flexibility can be advantageous for products that require special handling or expedited shipping. Sellers can negotiate directly with carriers to secure better rates and services tailored to their specific needs. Additionally, FBM allows sellers to offer alternative shipping options to customers, such as local pickup or same-day delivery, which can enhance the overall customer experience.

Better Handling of Returns and Customer Service

Returns and customer service are critical aspects of e-commerce, and FBM offers sellers greater control in these areas. By managing returns in-house, sellers can ensure that returned products are inspected and processed according to their standards. This control helps in minimizing losses due to damaged or unsellable returns. Moreover, sellers can provide more personalized customer service, addressing issues directly and resolving them more efficiently, which can lead to higher customer satisfaction and repeat business.

Ideal for High-Value and Fragile Items

Certain products, such as high-value electronics or fragile items, require careful handling and secure packaging. FBM allows sellers to implement stringent quality control measures to ensure these products are packaged and shipped safely. By handling fulfillment themselves, sellers can reduce the risk of damage during transit, leading to fewer returns and happier customers. This is particularly important for businesses that specialize in luxury or delicate items where customer satisfaction and product integrity are paramount.

Suitability for Unique and Niche Products

For sellers offering unique, niche, or handmade products, FBM can be a more suitable fulfillment method. These products often require specialized packaging or handling that may not align with Amazon's standardized FBA processes. FBM enables sellers to maintain the quality and uniqueness of their products, ensuring that they meet customer expectations and stand out in the marketplace.

Compliance with Specific Regulations

Certain products, such as food items, cosmetics, or regulated goods, need to comply with specific regulations and standards. FBM allows sellers to ensure that their fulfillment processes adhere to these requirements. By managing fulfillment themselves, sellers can implement the necessary procedures to comply with health, safety, and regulatory standards, reducing the risk of non-compliance and potential penalties.

Utilizing Amazon Seller Tools

Jungle Scout is an invaluable resource for Amazon sellers looking to optimize their use of Fulfillment by Merchant (FBM). This powerful tool offers comprehensive market research, helping sellers identify high-demand, low-competition products ideal for FBM. By leveraging Jungle Scout, sellers can make data-driven decisions, ensuring they choose products that are well-suited for independent fulfillment.
The software provides insights into sales estimates, revenue projections, and competition analysis. These features allow sellers to strategically plan their inventory and pricing, maximizing profitability while minimizing risks associated with storage and fulfillment. Additionally, the tool’s keyword research capabilities help sellers optimize their product listings, improving visibility and attracting more customers.
Using this Amazon tool, sellers can also track trends and monitor competitors, staying ahead in the ever-evolving e-commerce landscape. By continuously analyzing market data, sellers can adjust their strategies in real-time, enhancing their FBM operations and ensuring they meet customer demands efficiently. This adaptability is crucial for maintaining a competitive edge and achieving long-term success on Amazon.

Conclusion

While Amazon FBA offers numerous benefits, Fulfillment by Merchant (FBM) presents distinct advantages for certain products and business models. From greater control over inventory and cost savings on storage fees to enhanced brand control and flexibility in shipping options, FBM empowers sellers to tailor their fulfillment processes to their specific needs. By understanding these benefits, sellers can make informed decisions that optimize their operations, improve customer satisfaction, and drive long-term business success.
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https://www.saucerswap.finance/ [6th AMA of 2024]
Pine_apple
Thank you all for joining our monthly AMA today. Next week is Father's Day here in the United States. So happy Father's Day to all the dads out there. ABFT is co-hosting today and we have two awesome guests in the house, Brady and Gaurang. Both are co-founders of Bonzo Finance, an open source, non custodial lending and borrowing protocol built on the Hedera network. So welcome to our AMA, Brady and Gaurang.
Brady (Bonzo Finance)
Hey, thanks so much for having us. Really appreciate it and excited to get the chance to chat with the SaucerSwap community.
Gaurang (Bonzo Finance)
Glad to be here.
ABFTFTW
Hey Brady. Hey Gaurang. Good to have you guys in the Bonzo Finance in the house. Happy to have you with us. I've been outside today and it's in Texas and it's a scorcher. I'm hoping some of that heat kind of passes off into the cryptosphere. I think the HBAR has a bright future. You know that most development going on in all the crypto space and I'm in it for the tech, so let's get this going. Talk to me, Peter.
Peter
Hi everyone. Welcome to our June AMA. And a very warm welcome to Brady and Gaurang from Bonzo, who will be answering some questions about their upcoming lending protocol. So super excited to welcome them up here to talk about that. So in the past, some of you may know, we've welcomed guests from projects like HeadStarter and Citadel wallet, so we are always excited to bring on builders in this space to talk about what they're building on Hedera.
Before we do jump into the questions from this week, we want to take a moment to address just the overall sentiment and roadmap. We wanna give everyone a sense of what's currently being worked on, what's coming next and our overall strategy to grow SaucerSwap.
So first of all, we have made some great progress on governance, which will provide a core utility to the SAUCE token. So for those unaware, governance is the core and sometimes exclusive utility of many DEX tokens. This includes UNI of Uniswap. With the release of governance, everyone will be able to vote with their SAUCE on proposals that align initiatives, create farms and LARI campaigns, decide token classifications, and so on and so forth. We have governance working now on Testnet and have created the UI for it. So we are looking at launching it early summer. So in the next few weeks. It could be towards the end of this month or it could go into next month but it is coming up.
Next we get to work on some features after governance that we know have been highly anticipated, namely Phase 2 and Phase 3 of Single-sided staking. We are super excited to follow through with these developments. We know that they've been a long time coming and they can contribute to some greater utility, both for the xSAUCE token and then also the Planck Epoch Collectible NFTs via kind of their redemption for Sauceling NFTs. So after we roll out governance, we'll be able to lock in the product schema for these features and move forward with their development. So we are really excited about bringing Phase 2 and Phase 3 of Single-sided staking online.
Additionally, with SAUCE having been listed on Bitget last month, we are looking forward to at least one more Centralized Exchange listing this month, with two being more likely. There is additionally a Centralized Exchange listing that is currently scheduled for July, which we are excited about as well.
We also want to just quickly bring to your attention we kicked off a major grant with the HBAR Foundation last week, providing over 20 Million HBAR in incentives for liquidity providers. At the time of receipt, that was over $2,000,000 USD an equivalent value for those tokens and those tokens are being distributed right now to SaucerSwap liquidity providers, in both Version 1 and Version 2, and we'll be live for the next few months. So if you haven't had a chance to check that out, feel free to do so on Saucerswap.finance on the liquidity page. You'll see kind of the effect of those increased rewards.
The salient point we do want to make in this introduction is we understand sentiment is lower today than it was a few months ago. We think this is kind of observed across DeFi on various networks, but you know the nature of these things is cyclical and we want our users to know that we are still developing, we're shipping major features coming up with governance and more on the roadmap that I just mentioned, as well as some other integrations in the coming weeks.
Looking back at the previous month, we think we had some major wins. You know we had this grant announcement with 20 Million HBAR, a major listing on Bitget, a MoonPay integration that's been in the works for a few weeks, not to mention the work that we have accomplished behind the scenes. So there's a lot to be excited about moving forward and we are very appreciative of all of your support as we continue to grow SaucerSwap.
I will just mention as well, you know the project depends on our community as much as it depends on development. So I would like to encourage everyone to stay positive. There's a lot to look forward to. We're working hard and remember that we have a well defined roadmap and we've consistently shipped features on that roadmap since the launch of SaucerSwap Version 1 almost two years ago, and we have a clear plan going forward as well to scale.
As we scale, the ecosystem has some exciting developments as well. So this is kind of the the feature of this AMA. We have Bonzo here, so lending and borrowing going live. It's a DeFi primitive that has an established symbiotic relationship with DEXs on other networks. It's a proven model, so we're excited to see projects like Bonzo and others coming online soon. There's a few lending and borrowing. I think HLiquity, it's already live. They created a pool on SaucerSwap. Bonzo is coming right up as well. And I think Sirio is another one. But anyway, all of these developments can bring a lot more awareness and activity to Hedera DeFi.
So with that preamble out of the way, we can get into the questions for this week.
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Pine_apple
Thank you so much, Peter. Hedera DeFi, here we come. So the first question is from Rocco. With this environment being highly competitive, any project is required to have excellent marketing in order to succeed, regardless of how its tech is. What is SaucerSwap's long term plan to gain popularity and create brand awareness, especially to people outside of the Hydra ecosystem? As of my observations, current incentives don't reach far out of Hedera or SaucerSwap's community. So, for example, onboarding influential social media figures to talk about SaucerSwap, purchasing ad space or other collaborations in order to reach people that aren't already in the Hedera ecosystem. As of now, the average crypto enthusiast does not know of SaucerSwap's existence. What are your thoughts on that, Peter?
Peter
Yeah, Rocco, thanks for the question. So this kind of goes back to our overall marketing approach. And in general, it's always been to be objective and honest about the development of the platform. Reading brand awareness is a tricky thing and our philosophy is that it's linked to earning brand integrity. In our view, this comes from following through and executing on development.
So in Web3, you see a lot of marketing that focuses on hype and speculation, and in the short term that works. Our approach is different. We think that a long term, more sustainable approach that builds trust is better. It's not to say that we don't want visibility, especially to people outside the Hedera ecosystem. Quite the opposite. That's one of our main goals is to expand the challenge is accessibility. So right now there's one bridge to and from Hedera that not many people outside of Hedera know about. There is limited access to Hedera native USDC on Centralized Exchanges. The Hedera Token Service has not been integrated, full stop, on many Centralized Exchanges. These are substantial barriers to entry that that do make any marketing endeavors to users from other networks not impossible but definitely more challenging.
The silver lining to all of that is that all of these problems are being actively addressed, and when they are addressed, I think it's reasonable to expect the door to Hedera to open and because it will be so much easier to get involved by having easier access to native USDC for example, or being able to use the bridge that users are familiar with and trust, they will have less friction to get involved with Hedera and participate in the various network offerings.
So sum up our point of view, we think our marketing approach to date has been effective with a kind of high of reaching the top 25 DEXs across all networks by TVL, despite the accessibility challenges I mentioned before, and despite the lack of institutional capital on Hedera. So that is a massive achievement and we're not trying to rest on our laurels. I think it's just a good barometer of what we've achieved together. We surpassed Camelot, SpookySwap, QuickSwap, Bancor, Minswap - which is the leading DEX on Cardano - Loopring, and other very prominent DEXs, some of which had TVLs in excess of $1 billion last cycle.
So this growth we observed was not achieved by hiring influencers to create urgency or sense of hype, but just by being consistent and working hard and delivering on our roadmap. That strategy has been successful for the growth of SaucerSwap to date and that is our strategy going forward.
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ABFTFTW
That was a great question Rocco, and Peter, you nailed it on the head. I couldn't agree more. Next question is for Bonzo Finance. Are there any plans to integrate SaucerSwap's API with Bonzo to enable collateral swaps directly from within the Bonzo Finance interface?
Gaurang (Bonzo Finance)
Yeah. To the question the answer is absolutely yes, but not immediately. We might be doing that in Q3 of this year. So what we are focusing on right now, Bonzo has a public Testnet live right now, which has the basic features like borrowing, lending, repaying, withdrawing and all these things, right. And we also have flash loans working right now on the Testnet. Our current main focus is to launch on the Hedera Mainnet with a basic set of features. These will include flash loans, liquidation bots, all the borrowing lending, you know, basic features of any lending protocol. Immediately after that, we want to launch the collateral swaps because our team has been using lending protocols personally and I think collateral swaps or even DEX swaps is a really nice feature, so if you see the APY for some token is more than the APY for the token that you have supplied, you can immediately switch that token without going through the whole process of withdrawing and supplying again. So yeah, it's definitely on the roadmap and that will be one of the first features that we tackle after launching on the Mainnet.
Brady (Bonzo Finance)
Yeah, and just to add to that as well. Bonzo Finances, it's based on the Aave V2 code base and so the functionalities that you're seeing on Aave V2 are all part of the roadmap. And I think we're taking a similar approach to SaucerSwap when it comes to sort of laying a a really solid and robust foundation initially. They had started with Uniswap V2 and then evolved feature sets and product offerings and eventually adopted Uniswap V3, and we're taking a very similar approach and it's sort of phased, but we want to deliver a really solid and usable product right off the bat, utilizing Aave V2 and sort of its core functionalities.
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Pine_apple
Great. Thank you so much for that Brady and Gaurang. The Bonzo testnet is found on Bonzo.Finance, so for free to check that out guys. So our next question is from an anonymous user. When is SAUCE going to be listed on another Centralized Exchange? To get a ByBit listing, you need to have 40 million marketcap. SAUCE well past 50+ Million marketcap. Why is SAUCE not on ByBit? And another question is, did the team also apply for Binance after the recent announcement? What are your thoughts, Peter?
Peter
Yeah. Thanks for this question. So as I mentioned in the introduction to the AMA, we are planning for at least one Centralized Exchange listing this month, with two potentially being on the horizon. We can't speak on kind of specific exchanges or the exact scheduling right now, but we are satisfied with the progress we have been making and we're looking forward to the coming weeks.
I will just also note that so newer projects like PACK from the HashPack team tend to get listed faster or percede the scheduling in terms of listing of other network tokens. Just being a newer project, this is kind of what Centralized Exchanges want to capitalize on, and it's great for the ecosystem. It's been really good for us and it means that HTS is integrated on exchanges. There's more precedent for it and some more token listings can follow. And we have been working with HashPack to achieve the goal for the, you know, to the benefit of the entire HTS ecosystem to have HTS more widely integrated on Centralized Exchanges. And that of course kind of culminated in the Bitget listing last month with PACK and SAUCE.
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ABFTFTW
Yeah, sounds good to me. Thanks for that explanation there, Peter. Septia. Hello, Septia. How are you? Septia wants to know what risk controls will Bonzo Finance have in place to minimize liquidity crunches.
Brady (Bonzo Finance)
Yeah, it's a great question. Happy to take that one. So there's a few things that we're doing to try and minimize that risk. The first one, which is foundational to Aave, is that when you're participating in lending and borrowing, it is an overcollateralized position that you're providing. So when you supply assets to the protocol, you are only allowed to borrow a percentage of the value that is supplied and the percentage is different per asset. So based on risk parameters and a risk analysis for each asset that's supported, that over collateralization amount is going to change. Essentially the loan to value amount will change. So when users are sort of over collateralizing, there's a buffer that exists for those assets.
And then in addition, dynamic interest rates. So the interest rates for borrowing adjust based on the utilization of that particular asset. So as more of an asset was borrowed, the interest rate for that asset increases and that incentivizes the behavior of repaying and also sort of encouraging liquidity to return to the protocol. Gaurang, anything else there that I may have missed?
Gaurang (Bonzo Finance)
Yeah. So I just want to give an example of the Aave market on the Scroll network. The Scroll is another L2 on Etherium. It actually happened I think on Thursday or Friday this week. So on the Aave protocol, there's a concept called utilization rate. Essentially, it's a rate of borrowed assets against supplied assets. So let's say all the people on the on the network has supplied 10,000 USDC and all the people have borrowed 9,000 USDC. So in that case, the utilization rate is going to be 90%. So as Brady was saying, as the utilization rate goes on increasing, the interest rate goes very high. So on Scroll, what happened this week was that the USDC utilization rate was at 99%, and because of that, the borrow and the supply APY on that particular asset was very high. So it was going towards like 80% or something for the supply. And you know what happens is with the market dynamics whenever the APY goes so high, there are more people in the market for supplying that asset. So it's kind of like an equilibrium and it's a game theoretical problem. So what we have observed in the protocol in the past is that the market dynamics kind of help with this. That's number one.
We are also looking at implementing something called Borrow Caps from Aave V3. We might bring in that functionality in [our] Aave V2 [fork] now. I'm not sure whether we will be doing it, but we are trying to do it before the Mainnet launch. With the Borrow Caps, we can actually cap the utilization of any assets, so we could cap it at let's say 90% or 85% or something. Yeah, these are like a couple of things that we're looking at.
Brady (Bonzo Finance)
Yeah. And then to add in addition to that, there is a mechanism within Aave that is also being employed in Bonzo called a safety module. Essentially, a safety module is a reserve of the protocols native asset. Holders of that native asset are incentivized to lock up their tokens into this safety module and receive a interest rate, an APY for doing so. That reserve can be employed in the case of a shortfall event related to liquidity. So if there's moments of extreme volatility for supported assets and liquidations that don't take place in a timely manner or take place improperly, that reserve is also employed to ensure that accreditors are made whole. So anticipation is that we are doing everything to mitigate the chance of that from happening, but it is sort of an insurance in the case of something like that taking place. And then if it is employed, the assets that are utilized from the safety module, it's shared across anybody who is participating in that functionality.
___
Pine_apple
Great. Thank you so much for that, Brady and Gaurang. So moving on to our next question, this is from a anonymous user. SaucerSwap Twitter is not very active recently and the number of followers is stagnating, which seems to indicate a lack of interest. Any plans to boost engagement, engagement and dynamism in the coming weeks?
Peter
Yeah, well, Bonzo's surely getting the fun questions. So SaucerSwap's Twitter account has grown by 3400 followers in the last 30 days, which indicates roughly a 10% increase month over month. That is an excellent growth rate. And over the next few weeks, we have several developments and integrations that we will announce and highlight right on our social media platforms, including Twitter. So in terms of recent growth, we have enjoyed a healthy rate of increase again 10% month over month is very good.
Going back to the answer from before regarding our marketing approach, we use our social media accounts to put out useful information about integrations and protocol developments, so that all the content we put out is not just fluff. We want to put out substance. Additionally, the Spring Incentives Campaign does present a unique opportunity for marketing. Looking into potentially doing a press release for this one to kind of target users from other networks. So highlighting that as an endeavor is something we're currently pursuing.
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ABFTFTW
Sounds pretty good, Peter. Thank you for that. Next question is again for the Bonzo crew. Are there any integrations that will exist between SaucerSwap DEX and Bonzo Finance lending protocol?
Brady (Bonzo Finance)
Yeah, we're definitely looking into integrations between the two. I think the first thing off the bat is there are two core functionalities within the Bonzo Finance ecosystem for liquidation bots and flash loans that Gaurang mentioned earlier. And so for liquidation bots, essentially what that is, is anybody in the ecosystem who is technically savvy can operate a liquidation bot that seeks out opportunities for liquidations. Essentially when liquidation thresholds are met for users. And upon performing the liquidation, they would take the collateral that was supplied by the user and swaps would need to be performed as part of that process. And when we are building out the templates for liquidation bots in that ecosystem, it is going to heavily rely on SaucerSwap and their DEX and the liquidity in SaucerSwap to perform that action.
One thing I'm excited about that in the sense that I think that by adding lending protocols and particularly Bonzo Finance and our liquidation bot ecosystem, it should help further drive volumes that we see on the SaucerSwap DEX, which is a key health metric, and then in addition to that with flash loans.
Flash loans are essentially the ability to borrow assets from the Bonzo Protocol without providing collateral. And the way that works is it's the development of a smart contract that borrows assets or liquidity from the protocol, utilizes that liquidity for certain types of financial transactions, so it could be arbitrage between two Decentralized Exchanges or between a Centralized and a Decentralized Exchange, and then paying back that loan plus interest, all within a single transaction. And if the loan is unable to be repaid back within that single transaction, the process reverses. And so it's as if that process never happens. So flash loans are viewed as a very relatively safe way to be able to utilize larger amounts of liquidity in the protocol and earn a profit for doing so based on the various types of activities that would utilize that liquidity for in the templates that we're building out for our developer ecosystem. That includes SaucerSwap as sort of a key exchange that someone would utilize when participating in a flash loan type activities. Gaurang, anything else there to add in addition with regards to integrations?
Gaurang (Bonzo Finance)
Yeah. So we mentioned the collateral swaps earlier, so that will be another integration. Also, we are heavily relying on the WHBAR, the wrapped HBAR contracts deployed by SaucerSwap. So for us, I think for any blockchain protocol, composability is very important, right? So it's very important to be able to work with essentially all the contracts and all the things that have already been deployed on the network. That's why we are integrating with the WHBAR contract deployed by SaucerSwap. That way, there's very close tie and close relationship between Bonzo and SaucerSwap. Anyone who is kind of building liquidation bots on Bonzo or utilizing the flash loans on Bonzo will be able to use SaucerSwap very seamlessly.
___
Pine_apple
Great. Thank you so much for that, Brady and Gaurang. So this next question is from a user and you guys kind of touched on this a little bit. For liquidation bots on Bonzo Finance, will there be mechanisms in place to utilize SaucerSwap's liquidity to facilitate the liquidation process efficiently?
Gaurang (Bonzo Finance)
Yeah, absolutely. So I would say it's like the keystone for any liquidation bots on Bonzo. So without SaucerSwap's liquidity, the liquidation bots and the flash loans won't really work. So just to kind of explain in short how the liquidations work, let's say I have deposited some token on Bonzo token like KARATE or DOVU or SAUCE token, and I have borrowed USDC against those tokens. Now let's say what happens is, just like what happened yesterday, the supply token value goes down by 20% because of some events in the market that happened yesterday for example. Now what happens is in this case my loan to value ratio, my LTV, could go above the liquidation threshold and in this case, the liquidation bots will kick in. So what the liquidation bots will do is they will repay my USDC loan by taking a flash loan. They will swap my USDC on SaucerSwap back to SAUCE, and then they will essentially pay back the flash loan on Bonzo. So all these actions will happen in the same block, in the same transaction on the blockchain, not the same transaction, but the same block on the blockchain. And that's why without SaucerSwap, liquidation bots might not work unless you have like a big liquidity in your own wallet. Unless you have like 10s of thousands or even millions of dollars in your wallet, it won't work.
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ABFTFTW
Awesome, Gaurang. Thank you so much for that. Next question goes to Joseph, what cross chain activities will the team be participating in over the next six months to encourage new users to come to SaucerSwap?
Joseph
Hi everyone. Man, I feel like a second class citizen during this far down. Well yeah, to answer the question, there are several interoperability solutions currently integrating with Hedera. So I believe Axelar has been the first to publicly announce this, and once integrated, there will be more avenues to bridge assets to and from Hedera and other chains. So SaucerSwap plans on leveraging this by allocating a portion of the 23 Million+ HBAR in THF grant money towards liquidity incentives in both V1 and V2 pools. And this would be pools containing these newly supported cross-chain assets, with an emphasis on stable coins.
On protocols like Axelar will also enable cross-chain swaps in addition to the standard bridge transactions, and this means you can access say Uniswap liquidity from within the SaucerSwap's web frontend.
Beyond this, we are continuing to assist with the onboarding of new active liquidity management or ALM providers such as Gamma and Steer protocol. These offer an alternative liquidity management strategy to Ichi. So ALMs, of course, are important for the health of SaucerSwap for V2 since concentrated liquidity positions can be a challenge to manage without the auto rebalancing. And lastly, I think it would be great for multi-chain yield aggregators like Beefy to integrate with Hedera. This would enable V1 yield farmers and potentially V2 liquidity providers to automatically compound their earnings without the need to do like a manual harvest.
___
Pine_apple
Great. Thanks so much for that. Joseph, you're A1 in my book friend. So the next question is from anonymous user. Development seems relatively slow recently. Are you facing particular challenges such as technical staffing or other? When can we expect the release of the features in development visible on the roadmap? For example, improved LARI analytics, slippage optimization, Wallet Connect integration, etc.
Joseph
Yeah, good question. So development is fairly cyclical, meaning we generally spend several months with our heads down working on a new product or feature. Then once it's ready to ship, we allocate more resources to marketing and just become more public facing in general. So you may have noticed this pattern with single-sided staking, SaucerSwap Version 2, most recently Autopools, and the product that we're currently working on is on-chain governance.
Also, as our protocol continues to mature, the length of these development cycles tends to increase as considerations like scaling and stability become more pertinent, and this has become especially apparent in recent times, given that we experienced a 10x increase in traffic near the beginning of the year.
There's also external considerations that are outside of our control. So for example, we are unable to release Wallet Connect despite completing our integration. This is due to several outstanding differences between Hedera wallet providers, which are currently being resolved.
So all to say, we unfortunately can't move with the same cadence as we did at the beginning of our projects life cycle. However, we are taking proactive measures, such as hiring more developers and ensuring tech debt is minimized and we have a solid foundation on which to build. I do agree that frequent communication on the status of our development is important and the hyper competitiveness of this space is acknowledged. So we will put out a development update this week, and this should bring the community up to speed on what has been achieved and what can be expected in the near term.
___
ABFTFTW
Thank you, Joseph. Next question is what is the plan to deepen liquidity in Bonzo and also the Hedera DeFi ecosystem as the whole? And then a follow up question is a DEX partnership like Joe, Cake or JUP coming up?
Brady (Bonzo Finance)
Yeah, it's a great question and it's something that's really top of mind for us at the end of the day. In order to create an economically sustainable protocol, we need to have TVL on Bonzo and then we need to ensure that folks are utilizing that TVL for borrowing. That's where you know majority of the fees come from for the treasury for Bonzo Finance. There's sort of three key things that that we're looking at off the bat that that seemed critical and it's the incentivization of liquidity providers, offering a wide range of assets that are supported by the protocol, and then leveraging stable coins and in particular USDC.
With the incentivization of liquidity providers, there are two programs that were looking at running. The first one is we are in discussions with HBAR Foundation around liquidity incentives for their DeFi Spring program that SaucerSwap is also partaking in. Those discussions aren't finalized yet, but the hope is to be able to provide HBAR incentives for folks that are both supplying liquidity and borrowing.
And then the second is a points program that's being employed by the protocol. So we're actually going to be using the HCS-20 point standard using the Hedera consensus service for the protocol. I think it's one of the first times that in the Hedera ecosystem, there's been an employment of this HCS-20 standard for like a real world live use case. I think the only other one might be NFTier. That points program - we were inspired by Margin Phi, Kamino, and some of these other lending protocols that you see on networks like Solana and across the Web3 space - and it's going to run in seasons.
So each season is around five to six months, and points that are accumulated throughout those seasons for participating in supplying liquidity and borrowing. Users will receive rewards at the end of each season for the accumulation of those points. So we think between those two incentive models, it's sort of strong case for folks to want to be able to supply liquidity to the protocol.
In addition and sort of tangential to that, there's a lot of liquidity in the ecosystem today that is in the treasuries of these token based projects or in large holders accounts - sometimes employees or investors or folks that have you know are large holders of these token based projects - and there hasn't been a extremely safe place for them to supply that liquidity, which unlocks it for the ecosystem that's more sort of relatively lower risk where they're able to earn rewards on it. And so with Bonzo, because when you support a specific asset, it's a single liquidity pool. It's not like a token pair similar to like a DEX. And in discussions that we've had with token based projects, looking to them as potentially unlocking some of that liquidity that is in their treasuries or by these large holders that for many reasons they're unable to sell their tokens on market, but they do want to utilize them, Bonzo is a very appealing place to be able to supply those assets.
In addition to that, in terms of a wide range of assets, one of the things that I'm most excited about that's sort of in the process of being developed is bridging infrastructure and in particular the engagement with Axelar. I think the one of the few ways that we can really drive overall TVL and the ecosystem is through the use of bridging, and providing incentives for users to drive liquidity from other networks to Hedera. So we are in the process of waiting for Axelar bridging and bridge providers that are utilizing Axelar to come online, but those wrapped assets that can be brought over are going to play a critical role in like the growth and health of Hedera's DeFi ecosystem and in particular protocols like SaucerSwap and Bonzo Finance. We certainly want to run campaigns that target users on other networks and bring them and liquidity over to the Hedera network, but again, just waiting on the development of this bridging infrastructure to take place, but it feels very promising.
Then the third thing is stable coins. There's a huge emphasis on USDC right now in Hedera ecosystem as part of HBAR foundation strategy and I think just overarching strategy. The liquidity of USDC on Hedera is quite low relative to other public networks. So as Gaurang mentioned earlier, USDC and stable coins on lending protocols are one of, if not the most highest utilized asset. We think that's going to hold true for the Hedera ecosystem. So in our discussions with market makers and liquidity providers and other folks that would be supplying that liquidity, USDC is definitely top of mind and we want to be a liquidity powerhouse when it comes to USDC and other stable coin assets.
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Pine_apple
Thank you so much for that thorough explanation, Brady. So our next question is from Maurice. Is there any consideration to use the Pyth network for better auto pools?
Joseph
Yeah. So our team actually has met with Pyth and we do see value in an integration. In terms of Auto Pools, I know that Ichi uses Chainlinks transaction manager to streamline the rebalance function. So this is done by quickly identifying and confirming transactions during periods of heavy network congestion. I don't think that's particularly relevant to Hedera just due to architectural differences between Hashgraph and Blockchain, but in terms of price oracles, Ichi currently looks at SaucerSwap TWAP oracles and these price assets based on token reserves and liquidity pools. So I'm not sure if they would how they would use third party oracles such as those offered by Pyth, but if you have any ideas, feel free to drop them in our Discord.
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ABFTFTW
Next question is when is stage 2 and 3 of single-sided staking going to launch and what are the use cases for the PEC NFTs?
Joseph
Yeah. So Peter touched on this, but stages 2 and 3 of single-sided staking will be prioritized following the release of on-chain governance and this is planned for early summer. Our conception of how phases 2 and 3 will work has evolved since it was first announced, and we now have a better sense of how an optimal system could be developed that has product market fit within the Hedera ecosystem. So you can expect marketing and educational material on this extension of single-sided staking to become a focus once token weighted voting and a functioning DAO become live.
In terms of how Planck Epoch Collectible NFTs relate to stage 3 of single-sided staking, the idea is that holders of these NFTs will have the option of redeeming them for Sauceling NFT, and these Sauceling NFTs in turn can be staked to increase one's weight of rewards in a Community Pool.
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Pine_apple
Thank you for that, Joseph. So this next question is for Brady and Gaurang. Can developers or traders use Bonzo Finance's flash loans to execute complex arbitrage trades or liquidity provision strategies on SaucerSwap?
Brady (Bonzo Finance)
Yeah, absolutely. So as mentioned before, flash loans can be employed to be able to perform these arbitrage activities in the templates that we're creating for users who are creating flash loans, automatically incorporate SaucerSwap's DEX as part of that. The way that that process might look is a trader identifies that there's a price discrepancy between an asset that's on SaucerSwap and maybe another Decentralized Exchange, or Centralized Exchange. They configure a flash loan where the trader is able to borrow the necessary funds to be able to execute this arbitrage trade that they want to perform. All within the same single transaction, the trader would sell the borrowed assets on the exchange with the higher price and then buy them back on SaucerSwap at a lower price as an example. Then finally, the trader repays the flash loan using the profits from the arbitrage trade and then keeping the remaining profits for themselves. This is sort of one example that flash loans can be utilized for.
In terms of liquidity provisioning - you can borrow assets against your collateral on Bonzo and then you really can do anything that you want with those assets that you've borrowed. So one of the things that I could anticipate seeing is there are various APY rates on SaucerSwap for providing liquidity. Based on these different asset types, and let's say you're a large holder of HBAR, you want to be able to get exposure to these other assets to supply them as liquidity and earn interest or earn rewards for doing so, but you don't want to sell your HBAR in order to do that. So you can collateralize your HBAR using Bonzo. You can take out a loan of let's say USDC because USDC interests APY on SaucerSwap is pretty high. There is a small borrow APY that you would pay for borrowing the USDC from Bonzo, but you would supply that to SaucerSwap and you'd be earning an ideally larger APY for supplying it as liquidity to the protocol. That is one strategy where liquidity provisioning can take place where it utilizes Bonzo and it utilizes SaucerSwap. That's going to help deepen the liquidity for assets on SaucerSwap's DEX, but then also create more sort of efficient market. So with greater liquidity in SaucerSwap's DEX, there's a less likely chance of slippage and other benefits that come along with that, as well as efficiencies.
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ABFTFTW
Awesome, Brady, I appreciate all that information. That's really fascinating stuff. This is where we break away from the traditional AMA and move on to the TMS because this isn't the question, this is tell me something. So Anon wants to tell us. I think it's appropriate to use AI technologies to be more inclusive of non-English speaking communities and not be attacked with so many questions afterwards. Joseph, you want to tell him something back?
Joseph
Sure, take a stab. Yeah. So we actually did leverage AI to translate our gitbook documentation into, I believe, 11 different languages. I do think there's also value in translating the AMA transcripts, so I appreciate this suggestion. Slightly unrelated, but adding localization and multi-currency support to the webapp would also increase SaucerSwap's accessibility to non-English speakers. I'm not sure if automating this with AI is necessarily the right approach, as we'd want to ensure the translations are accurate, but in any case, we definitely plan on looking into this once current roadmap items are completed.
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