Coffee time with @zerufinance fam☕️ I've been watching the zETH page on @zerufinance for a day now, and I think it's the most interesting launch mechanic I've seen this year. What the page shows right now: 
→ Supply left: 797,085,495 of 1 billion
→ 22.5M burned today, about 2.4M an hour
→ 728 wallets in the race, 12 joined today
→ The coin won a community vote with 1,448 votes
→ 0% dev bag, 100% spawned by activity IMO the live burn is the clever part. Normally supply is a number the team decides in a doc. Here it's a jar you can watch drain as people join and transact on Ethereum. ❌ Supply set by the team, insiders hold the cheap part
✅ Supply that moves with what the community does. The page also shows five phases: Registration, Race, Auction, Trading, Miner season. We're in the Race, and I'm most curious about the Auction, because that's where the supply becomes real ownership. My honest worry: 728 wallets is a small group. A burn that depends on a few hundred participants can be steered by a few active wallets, and "early users win" only helps if the early users are real. The filters on sybils and linked wallets matter more here than anywhere else. A burning supply looks great, but the number that counts is how the final supply gets spread out. I'll keep tracking it and share what I see. When the race ends, what should matter most for judging zETH: the final supply, how spread out the holders are, or how it trades after the auction? https://t.co/PEaTK3Jm1A