happy new ath

this is great write up/thesis from this CHAD about sapling

SAPLING is basically the first project onboarding users to actually using Zcash and contributing to it rather than just buying $ZEC

here before Zooko or any big Zcash guy interaction with sapling

https://x.com/longtermpaper/status/2104641061788258716

hey everyone! first of all welcome to the gc

let me introduce myself, i'm igor, i'm building sapling.

today i made a public fomo account ( https://fomo.family/profile/igor_zs1 ) so i can buy $SAPLING in the open, where everyone can see it. my wallet, my buys, my skin in the game, in public.

here's why i hold it.

the mission
become the first fully zcash-native launchpad on solana, and the first to bring its coins onto zcash itself the day zcash shielded assets (ZSAs) go live on mainnet.

the thesis
zcash doesn't need to become a memecoin chain. it needs a road from where the traders already are. sapling points solana's biggest on-ramp at $ZEC:
- today: every coin is paired with ZEC and grows its own ZEC roots
- next: shielded end to end. connect a zcash wallet, plant, trade and cash out without leaving the shielded pool
- then: when ZSAs land, sapling coins become native zcash assets. already built on the ZSA testnet, open source: github.com/saplingcash/zsa

where $SAPLING fits
$SAPLING is the rootstock. 0.50% of every trade on the platform buys $SAPLING and burns it, forever. the treasury buys and burns on top. more activity on sapling = more $SAPLING gone.

since launch
- 1,249 ZEC traded
- 21,509 trades from 4,243 traders
- 45 coins planted
- 18.2% of $SAPLING supply burned

already live
- ZEC roots on every coin, harvest anytime
- holder rewards paid in ZEC
- native ZEC in and out
- shielded stamps on zcash mainnet
- open source: zcash-delivery-proof, stamps, zakura-bench, zsa
- vault upgrades need a 2-of-3 multisig

i'm holding with all of you: we're aligned. not selling anytime soon, no matter how high or low. here for the long run.

links
- site: sapling.cash
- rings (every fee, buyback, burn on-chain): sapling.cash/rings
- X: x.com/saplingdotcash
- announcements: t.me/saplingcash
- $SAPLING: BZFYNPeQAEW3HWQ4DNsTVahC1n4ZjTgn6jB2nnBbB96W

not financial advice. do your own research.

GOATED dev just posted his own thesis on fomo for $SAPLING lmao i just saw this he bought $3.5k

just read his full thesis

idk what more y'all want

🛡 something big is coming to sapling

today, trading on sapling starts in a solana wallet.

soon it starts in your zcash wallet.
- no phantom
- no SOL
- no leaving the shielded pool

zcash in. zcash out. shielded, end to end.

watch the teaser and help us push it out 👇
https://x.com/saplingdotcash/status/2105493024554025227
like, repost, drop a comment. let's make zcash loud 🌱