$PI
StableSnapshot Window: 2026-07-24 15:50 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 6, Retweets: 8, Likes: 66, Impressions: 1926
Verbatim Community Citations & Social Evidence 2 source posts analyzed
Referral staking is an incentive layer on top of DLMM. It rewards people for growing the protocol, teaching others how to LP, and staking for the protocol’s success. Current version is early — feedback is being collected on closed groups, first experiences, and how to keep the [Spoken audio]: maybe I can just kind of touch on the main goals of the referral staking program. So the referral staking program is purely an incentive mechanism built on top of the DLMM. It's the product that everyone loves and uses on a daily basis. What this does is it gives you a clear incentive mechanism to do two things. To be directly involved in number one, the growth of the protocol and also the DLMM, and number two, to be directly involved in the success of the protocol through staking as well. So one thing that I want to make very, very clear, I think I haven't tweeted enough about this, but the referral staking program, the life state of it, it's nowhere near the final version. There's plenty of improvements that need to be done. I understand there are some concerns about, you know, some people doing closed groups and you know doing certain things gated by referrals. I understand that's a completely natural kind of outcome of referrals taking. What's what the step that we wanted to achieve, the goal that we wanted to achieve is now to lay out a clear incentive mechanism. So it's very clear that hey if you're good at LP-ing there's a benefit for you. If you're good at LP-ing and you can teach other people how to LP, there's also like much more benefits for you. And even if you're not LP-ing, I don't think anyone in this server falls into that category. But even if you're not LP-ing, there's a way for you to kind of be involved in the success of the protocol, which is to do staking. So everyone can benefit from the referral staking program. So I guess to kind of answer this question, it's having seeing people, you know, gate stuff behind referrals is a completely natural outcome of it. And what I would do is, and this is why I'm here as well, really, to kind of understand, get feedback from everyone on how we can further improve the program based on the things that you observe over the past few days. So raffle staking has been live for about, say, just below three or four days, I think. And I really want to know, like, you know, what was your experience? What was your first time seeing the raffle page? How did you feel when, you know, you first started staking? you first earned your dollars in in referral fees. What's awesome about the referral staking program and what's not awesome about it? Like I want to hear everything. So even things like you know how we want to make referral staking, how we want to strike a balance between you know letting people have their own ways of building up their referral network. But at the same time trying to grow and grow an open network trying to prevent this closed group thing I would love to hear like your ideas on how we can make that happen.
Lots of liquidation emails are being sent today.
AI visual note: A TradingView chart of BTCUSDT perpetual futures on Binance shows the price dropping sharply from ~65,750 to ~63,800, with the "Velo: Aggregated Liquidations" indicator displaying significant spikes (down to ~-240) during the selloff, visually confirming the wave of liquidation emails mentioned in the post.