Smitty

Backend dev / Shitposter

@devanddraw | @DeepWtrStudios

[Smitty @0xSmitty]

Avalore Week 58!

Talking Makooor presale, Team1 Ws, and wallet scores:

https://t.co/kv5nigwaMJ

[Smitty @0xSmitty]

@DecryptMedia @Tyler_Did_It Get our boy Nahas on to discuss!

[Smitty @0xSmitty]

@JohnNahas84 Rising tide lifts all boats 🔺

[Smitty @0xSmitty]

@LePotiChatt @napper_ That would please me

[Smitty @0xSmitty]

New FDN research proposals just dropped

Multiple groups of highly talented researchers working to figure out how to drive more value to the token

What happens if they succeed?

[Avalanche Foundation 🔺 @AvalancheFDN]

Introducing the six research teams selected through our first Call for Research Proposals 🔺

The teams will take on some of the most important open questions in blockchain economics.

Accelerating research already underway through our economic research agenda.

[Smitty @0xSmitty]

@robinhoodjesus They will save us, I have to believe

[Smitty @0xSmitty]

@DanoManoNFT Patiently awaiting video of Agostino and Emini getting up to shenanigans

[Smitty @0xSmitty]

@LHBCrypto @JMMcBreairty @HoneyBear9k If we ever reach a state where the only value of the token is to secure the "functioning of the avalanche network" we're in some serious trouble price-wise

Permissioned, silo'd L1s don't care too much if price were to go down 90% from here

[Smitty @0xSmitty]

@nobsfud Maybe there is a third vehicle you can launch after the equity in 6 years time

[Smitty @0xSmitty]

@JMMcBreairty @HoneyBear9k @LHBCrypto I did already, that's the issue

[Smitty @0xSmitty]

@HoneyBear9k @LHBCrypto Those are holders too!

[Smitty @0xSmitty]

@a_skin2 This guy fkin gets it

[a_skin2 🔺 @a_skin2]

Today, the market’s dominant narrative is simple: revenue and buybacks that directly accrue value to the token. Everything else gets treated as cope.

That’s why the new generation of crypto traders is highly skeptical and quick to dismiss real achievements (partnerships, metrics, product progress) if it doesn't fit this narrow box.

The response to Avalanche’s NYSE partnership is the latest example. Plenty of people saw it and immediately went “cool, but where’s the token impact?”

This is understandable when most projects are compared to Hyperliquid, a newer chain with a successful but very different business model. This comparison can be quite harsh for some of the early-cycle chains (tbf most of the criticism is well deserved).

OG chains like Avalanche carry both benefits and baggage due to their longer history: solid infrastructure built over many years, but also a tokenomics model shaped by an earlier cycle that wasn’t designed for today’s expectations.

Avalanche's core technical edge is the L1 architecture: instead of forcing everything onto one shared chain, it allows institutions and apps to spin up customizable L1s with their own validator set, rules, fee token, and permissioning. You can built in compliance, predictable performance, and isolation from the rest of the network at the base layer, while still staying interoperable. Sub-second finality and low, stable costs are also a crucial part of the package.

That design is what enabled the NYSE announcement (and earlier RWA partnerships). It’s real technology built for institutional use cases from the start.

The harder, more pressing, problem has always been token value accrual. To be fair, aligning tech, token, and team is extremely difficult; only a handful of projects have done it well.

However, Avalanche has spent the last year quietly doing the unsexy work on this—research, chain upgrades, and groundwork for a real tokenomics shift. My working thesis is that all the pieces seem to finally be in place for $avax to absolutely outperform.

Of course, the broader market trends will continue to influence the definition of "investable assets" but overall I believe we will see a shift where the market moves away from pure “quick speculation” mode and starts caring about longer-term alignment again.

DYOR NFA 🔺✌️

[Smitty @0xSmitty]

@twitt_tr Find a new slant

[Smitty @0xSmitty]

@WholeLottaFudge @VirtualQuery @Wikitiky1 Wave it through

[Smitty @0xSmitty]

@AvaxTeam1 24/7 business

[Avalanche Team1 @AvaxTeam1]

The New York Stock Exchange is building on Avalanche 🔺

Their new tokenized stocks platform is designed to support 24/7 trading, clearing and settlement. Exclusively on Avalanche.

WSJ exclusive below 👇

[Smitty @0xSmitty]

@Memofrogwell big week!