$MOTHER 💅 | Mad News #52
LASSIE OF THE WEEK: Mother Iggy Azalea 🍑 Backpack Wallet places the power in your hands 🖩 Backpack Exchange embraces memecoins with BODEN 🪙 New Ethereum tokens added on a weekly basis 📅
Welcome to the Mad News!
Mad News Rewind: Issues 1-12 📰
LASSIE OF THE WEEK:
MotherIggy Azalea 🍑Backpack Wallet places the power in your hands 🖩
Backpack Exchange embraces memecoins with BODEN 🪙
New Ethereum tokens added on a weekly basis 📅
Armani Ferrante teases new Backpack Wallet security feature 🔒
Mad Lads & Solana Superteams embark on global world tour 🌏
Mad News Rewind: Issues 1-12 📰
Dive into the events which have placed Backpack and Mad Lads on top of the Solana ecosystem.
Backpack Exchange did not exist when the Mad News launched in June 2023, by January 2024 it was the fastest growing CEX in crypto.
LASSIE OF THE WEEK: Mother Iggy Azalea 🍑
Our LOTW of the week is Mother Iggy Azalea, the latest honorary Mad Lassie.
Iggy Azalea took crypto Twitter by storm alongside the rise of $MOTHER, the latest memecoin to sweep Solana.
The popstar endorsed $MOTHER was one of the top tokens traded on the Backpack Wallet this week (alongside an $88M market cap).
Hype escalated as Iggy adopted a Mad Lads honorary Lassie as her PFP.
38K, previous LOTW, created a banner for Iggy which she also placed on top of her Twitter profile.
The $MOTHER movement has received mixed emotions due to a heavy stream of celebrity endorsed rugs which occurred during the last cycle.
Iggy appears to have cracked the code.
"When culture adopts a new technology, it's officially mainstream."
IGGYAZALEA drops $MOTHER memecoin on Solana and rocks a Mad Lads NFT to her 7.6M followers...
One step closer to normalizing crypto to the masses.
Follow Izzy and leave her a WAO!
Backpack Exchange embraces Experimental Assets and memecoins with BODEN 🪙
Backpack Exchange recently unveiled an Experimental Assets section which lists memecoins and low liquidity crypto assets.
This innovation allows traders to gain access to emerging crypto assets in a closely monitored environment.
Experimental Listings For Memecoins and Emerging Crypto Markets
BODEN is a Solana native memecoin that launched in March and quickly became one of the most traded tokens on the blockchain.
The founders of BODEN infamously offered an airdrop reward to anyone who created a BODEN sign and pictured themselves with it at a Donald Trump presidential rally in Grand Rapids, Michigan.
$BOME (Book of Meme) and $MEW (cat in a dogs world) were the first Experimental Assets added to Backpack.
Learn more about Experimental Listings here.
Backpack Wallet places the power in your hands 🖩
Backpack Wallet’s new custom slippage options empowers users to take control of their crypto experience when trading low liquidity tokens.
Each time you swap tokens, your trade changes the price of the token you are swapping into. This "price impact" is particularly large in markets with low liquidity.
Slippage is the difference between the expected price and the executed price of a swap.
Backpack Wallet’s default slippage is set to 1% however the new feature allows you to increase the percentage to increase chances of a successful transaction.
Learn more about slippage in Backpack Wallet here.
New Ethereum tokens added on a weekly basis 📅
Backpack Wallet introduced Ethereum token support at the beginning of the year and Backpack Exchange followed suit soon after.
Since then the Exchange has onboarded numerous EVM tokens from Ethereum’s most popular platforms.
$BLUR and $WLD are the newest listings.
BLUR is used primarily as a governance token for the Blur platform, holders delegate the tokens to vote on community proposals.
WLD is a token distributed by Worldcoin with the goal of creating a digital economy tied to unique individual identities on the blockchain.
Shuffle’s SHFL token was one of the first Ethereum-based tokens listed and has been instrumental in introducing backpack’s Solana-heavy community to Ethereum L2s.
Armani Ferrante teases new Backpack Wallet security feature 🔒
Longtime followers of Mad Lads and Backpack know that the true alpha originates from the Twitter account of Armani Ferrante.
New features like the newly released balance masking are almost always leaked by Armani before being released to production.
A simple toggle will allow you to shield your token balances from the public.
Download the Backpack Wallet here.
Mad Lads & Solana Superteams embark on global world tour 🌏
Mad Lads and Solana Superteams have been collaborating to create unforgettable IRL meetups across the world.
Mad videographers were on the prowl at the Mad Lads: Philippines event.
Nigeria is one of the fastest growing crypto regions in the world and has formed a deep relationship with the Backpack community.
Mad Lads Scholarship program revived for a deserving community member 🧧
A keynote of Armani Ferrante’s 2023 Sunday Streams was the excitement of a Mad Lads Scholarship NFT being anointed onto a lucky community member.
Armani revitalized the Scholarship for one of the most dedicated and vocal supporters of the Mad Lads ecosystem, CONSPI.
Yo this is the FOCKING CRAZIEST SHIT EVER 😭😭
I just got a scholarship Lad from the absolute legend Armani Ferrante.
Thanks you guys so much, ever since I got here it’s been nothing but fockin love and vibes from all the Lads!
Best fockin community ever🔥
LADS ON FOCKIN TOP BABY 🔥🔥🔥🔥
CONSPI was a recent LAD OF THE WEEK who has demonstrated the power of consistent purposeful action.
He dropped an animated banger honoring Mad Lads founders Armani and Tristan which drew a tremendous amount of community kudos.
His scholarship Lad is well earned.
Follow CONSPI if you aren’t already.
Mad Lads cut a rug with Pool Party 🎉
Pool Party invited Mad Lads holders to their airdrop event.
Simply deposit USDC into the Pool Party dApp using the Backpack Wallet and you become eligible for the $PARTY airdrop.
Have fun while saving money! Pool Party is a Solana powered Prized Linked Savings protocol. The more you deposit to the savings pools, the better the chances you have to win the weekly prize pool!
PayPal is latest payment processor to embrace Solana’s high speed and low cost transactions 🖊️
PayPal is the most well known traditional payment processor to embrace blockchain technology with Solana.
Making PYUSD available on the Solana Blockchain furthers our mission of enabling a digital currency with a stable value designed for commerce & payments.
Jose Fernandez da Ponte, SVP, Blockchain, Crypto & Digital Currencies
On the surface PayPal chose Solana for the obvious.
🪙 Cost-effectiveness
⚡ High throughput and speed of settlement
💻 Token extensions expand functionality for compliance
The decision making goes much deeper than that and is largely influenced by confidential transfers which are made possible by Token Extensions.
PayPal is the first enterprise to adopt Token Extensions, a powerful and expressive set of innovative features Only Possible on Solana™️.
I wrote about this back in early February- enterprises are the final boss for open source projects and Solana is leading.
Token Extensions enable confidential transfers which make secure traditional finance transactions possible on the blockchain.
Learn more about the PayPal x Solana partnership here.
IslandDAO becomes the most successful IRL Solana event in recent memory 🏝️
IslandDAO has brought dozens of Solana builders and content creators to Greece.
The cohort has been working hard to solve difficult problems for Solana while balancing a healthy amount of debauchery.
Solana’s exponential growth can be directly attributed to sponsored IRL events which bring developers together.
PODCAST CORNER 🎙️
Bankless
ETHEREUM VS. SOLANA: Which Blockchain Wins 2024 & Beyond?
Validated
In this episode, Austin chats with Stephen Hess about the evolution of the Solana NFT ecosystem from the summer of 2021 to the present. Starting from the initial creation of the Solana NFT standard, Austin and Stephen reflect on recent technological advancements such as compressed NFTs, programmability, and the introduction of the "Core" standard.
According to Stephen, the creation of "Core" represents a shift away from NFT standards toward more of a "digital asset protocol".
The conversation also covers the Metaplex DAO's role in governance, controversies around features like programmable NFTs, the introduction of protocol fees, and more.
Solfate Podcast
In this conversation, Vibhu Norby, the co-founder of Drip, discusses the latest updates and developments with the platform. He talks about the expansion to cross-chain creators and the challenges of sourcing and curating creators.
He also shares insights into conversations with non-blockchain creators and the magic of Drip's economic model.
Lightspeed
This week we welcome Tzvi Wiesel Founder & CEO of Baxus to discuss why they're building on Solana, growing a global marketplace for spirits & of course... how Baxus are bringing whiskey onchain.
This week we're back with another weekly roundup. We discuss Mert's big takeaways from Consensus 2024, who's building on Solana, crypto payments & why is the latest meta celebrity coins & social tokens?
Solana Changelog
Nick Frost and Jonas update us on developer updates to the Solana blockchain.
Altcoin Daily
What's next for Solana? Today we are joined by Austin Federa, Strategy at Solana Foundation, to discuss bitcoin, cryptocurrency news & MORE!