Haze: GMGN earned $60 million by pledging all Solana assets without selling any

Odaily News GMGN co-founder Haze said at the Hong Kong web3 Carnival that GMGN earned $60 million worth of Solana on Solana, but did not sell any of it and staked all of it. Before founding GMGN, he spent 4 years on on-chain data-related work. This included connecting on-chain addresses with Twitter, insider trading analysis, and on-chain address tags. Now, using GMGN to trade Solana meme coins only takes 0.58 seconds from on-chain to transaction completion, and Solana's average block time is 0.4 seconds.