Gojo.hl

The wealth effect of kinetiq:native is about to begin, sparking an onchain movement similar to when Solana generated a wealth effect and started a multi-year onchain bull run. Some of the best times of trenching were during the Solana wealth effect era. When it had ran from $8 to $290 over 2 years, onchain flourished incredibly well and many traders were able to achieve generational wealth. We are seeing the same exact setup on kinetiq:native, and have built @AscendLaunch the most participant-aligned launchpad, built on Elysium, the value-accretive L2. For the first time, an L2 and its leading launchpad are aligned around growing ecosystem value rather than extracting it. We have positioned the premier launchpad as value-accretive to the entire Elysium ecosystem, from the foundation ($HYPE) to the Layer 2 (kinetiq:native) and finally to participants on our launchpad (traders, stakers, and builders). Rather than develop a launchpad token, we have chosen to adopt kinetiq:native as our protocol token, and have made major improvements to our tokenomics upping our KNTQ buybacks to 80% of protocol fees going into buying KNTQ, burning it, and deploying it strategically. This, paired with 50% of Elysium sequencer fees going to buying back and burning kinetiq:native makes the setup extremely asymmetrical. We believe that if kinetiq:native does well, so will onchain, which will mean that Ascend does well making our participants have an even stronger flywheel. KNTQ does well -> Elysium does well -> Ascend does well -> Traders, builders, stakers do well -> KNTQ does well. This is the flywheel and wealth effect we expect to see with kinetiq:native. The problem: Traditional launchpads extract liquidity through competing protocol tokens, fees that leave the ecosystem, and little sustained demand for launched tokens. Our solution: No protocol token. Instead, Ascend has adopted kinetiq:native as our protocol token. 90% of Ascend protocol fees buy back KNTQ (80%) and HYPE (20%). The remaining 10% is the team treasury. Staking: Users stake HYPE via kHYPE on Ascend, directing yield toward ecosystem token buybacks while earning four reward streams: HYPE, ecosystem tokens, KNTQ, and boosted DEX referral fees. 20% HYPE allocation: - 50% Staker rewards - 50% Protocol-owned staked HYPE on Ascend 80% KNTQ allocation: - 40% Burnt - 60% deployed strategically across ecosystem token buybacks, Ascend points program, protocol-owned KNTQ LP across Ascend token pools + kHYPE - Traders: No competing protocol token extracting liquidity from their positions. Ecosystem buybacks from protocol fees + staking yield. - Tokens: Recurring buybacks funded by protocol fees and staker yield. Supported LP depth from Ascend treasury. - Builders: No launchpad token competing for liquidity, grants, launches with dedicated buyback support through Ascended listings, and a growth path to HyperCore spot and HIP-3 perps facilitated by Kinetiq's HIP-3 Perps DEX, as well as rev share from Ascend via our Strategic Partnerships. - Stakers: Multiple reward streams while supporting ecosystem growth. Unlocking new capital: Rather than recycling the same liquidity across Solana, Base, and Robinhood, Ascend gives HYPE holders a way to deploy sidelined capital into new ecosystem launches. The Elysium advantage: While other L2s retain sequencer revenue, Elysium directs 50% toward KNTQ buybacks and 25% toward builders. Ascend commits 100% of its sequencer-fee allocation to grants for builders launching on Ascend, creating a powerful incentive to build on Elysium instead of competing ecosystems such as Base & Robinhood. The scale: At $5M/month in Elysium sequencer fees, a 10% allocation to Ascend would generate $500K/month in builder incentives, funding grants, HyperCore spot listings, AMM liquidity, etc. For reference, Robinhood generated $14M in sequencer fees in a 30-day period, while Base generated approximately $75m in a 1 year period. Further, the buyback effect of a top launchpad on HYPE, KNTQ, and ecosystem tokens are significant. In September, the 30d total of fees generated across top launchpads: PUMP ($165M), PONS ($132M), Flap ($41M), Stonkfun ($27M). At scale, Ascend would contribute mid 6-figures to low 7-figures of daily buybacks to HYPE & KNTQ. The vision: Make Ascend the obvious place to build, trade, and stake. Stakers are the backbone of Ascend, and will receive many benefits of the protocol's success with many rev shares in place. Builders are attracted by grants, sustained buyback support, a clear path to HyperCore spot and HIP-3 Perps through Kinetiq, and eventually becoming an Ascend Strategic Partner. Traders are attracted by PVE tokenomics where protocol activity strengthens the ecosystem instead of extracting from it. Together, these create a flywheel: better incentives attract better builders, better launches attract more traders, and more activity drives even greater buyback support and ecosystem growth.

Interesting

2 weeks until @Enter_Elysium Mainnet. Are you ready to Ascend? e/acc

ORPHEUS — CHAP. IV The Guardian of the Underworld The boat reached the far shore of the Styx. Before Orpheus and the seven Hypurr stood a colossal gate, carved into black stone. Then came a growl that shook the Underworld. From the shadows emerged Cerberus — the three-headed hound of Hades, guardian of the realm of the dead. Three pairs of burning eyes fixed upon the golden dragon. No soul could pass without his permission. The seven Hypurr stood frozen. Orpheus stepped forward. He did not bare his fangs. He did not flee. He began to sing. Slowly, the beast’s growls faded. One head lowered… then another… until all three rested upon the stone. The path to the Underworld lay open. But beyond the gates, something far darker awaited them. $ORPHEUS 🐉🔥

We appreciate the community's enthusiasm and eagerness to explore Elysium, but mainnet has not officially launched yet. Please exercise caution with any unofficial tooling and stay vigilant against scams. November 9th, see you on Elysium.

Ascend to Elysium.

ORPHEUS — CHAP. II The Ferryman of the Styx The seven Hypurr followed Orpheus into the darkness. Before them flowed the Styx, the river separating the living from the dead. @TheAscendIntern, the ferryman, raised his lantern. “Only those who seek to ascend may cross.” Orpheus lowered his golden head. And then… The river began to sing. 🐉💫

A New Era for Hyperliquid, November 9th. See you on Elysium mainnet. e/acc