El

Web3 Powerpoint Monkey.

[El @0xelson]

海外在聊 AI 奇点，国内在聊元宝红包 🤣

[El @0xelson]

"社交、信息、交易，三位一体"
实际上 Base App 也在这么做

[TechFlow 深潮｜APP 已上线 @TechFlowPost]

https://t.co/AQVZ0QmHz1

[El @0xelson]

没搞明白，根据它的持仓分布，只有 60w 美金是 15% 的年化，那么综合下来 APY 应该只有 3.7% 的样子，是怎么做到官网的 12% APY 的 😂

[0xTodd ( thinking ) @0xTodd]

是这样的
之所以存 USDAI 就是因为它 99% 都是国债...
它是非常象征性地搞了一丢丢 GPU
它���凡认真执行策略
GPU 持仓超过 5% 我可能反而要溜溜球了 😂

[El @0xelson]

庆幸是 $xUSD (Stream Finance)，而不是同样依赖中心化交易所的 Ethena $USDe

避免风险 @SkyEcosystem $USDS 是一种选择

而 @protocol_fx $fxUSD 应该受到更多关注，它目前表现良好，收益来自真实现金流，去中心化的 Delta Neutral 稳定币

[StingGold.sol.eth @stinggold_eth]

Stablecoins have long been seen as “safe havens.”
But in DeFi, “stable” doesn’t always mean stable.

Just days ago, XUSD (Stream Finance) suffered a severe depeg falling to ~$0.26–$0.33 (a 70–77% drop) caused by a ~4.1x leverage loop and a faulty oracle, according to on-chain data and team reports.
Lesson learned: complexity and opacity ≠ safety.

Amid the same market turbulence, $fxUSD by @protocol_fx held its peg:
✅ the Oct 11th flash crash
✅ the deep correction as BTC touched ~$99k
→ all while staying close to $1.00, supported by multi-layered on-chain mechanisms.

That’s design, not luck:
• Stability Pool arbitrages fxUSD/USDC
• Operational Restrictions - temporarily halts new xPOSITIONs during depeg events to stop excess minting
• Dynamic Funding (x/sPOSITION) adjusts incentives to rebalance supply and demand
• Redemption provides a 1:1 floor backed by collateral (final safeguard)

To own fxUSD:
→ Use fxMINT — deposit BTC/ETH (non-custodial, locked on-chain), mint fxUSD with 0% interest (under normal conditions) and one-time open/close fees.
→ Deploy fxUSD across DeFi, or deposit into fxSAVE to earn real yield ~12% APY on @eulerfinance (APY varies with market conditions).

$fxUSD isn’t just “stable on sunny days”; it has been battle-tested and stood firm through storms.

While most stablecoins rely on leverage and trust,
fxUSD = code + collateral + on-chain transparency.
Safety here is a mechanism, not a slogan.

[El @0xelson]

大的来了

[Lookonchain @lookonchain]

The protocol @Balancer appears to have been exploited — about $70.6M in assets was transferred out, including:

6,587 $WETH($24.46 M)
6,851 $osETH($26.86 M)
4,260 $wstETH(~$19.27 M)

https://t.co/oH4OuWSSbR

[El @0xelson]

@Loki_Zeng 下手太狠了

[darknight.eth @darknight_ethh]

https://t.co/bAWwZHgVXX

[El @0xelson]

是一个好的开始，只是还有很长的路要走 😊

[losingle @losingle]

https://t.co/2BskhoktZ1

[El @0xelson]

x402 changes that.

Now Crypto and AI can become part of everyday life, letting future AIs pay, trade, and interact on their own.

[El @0xelson]

Payments feel easy today - so why does x402 matter?

Why? It addresses two major problems:
1. AI Agents can't pay by themseves.
2. Current payment systems are closed and centralized.

x402 changes that, but this is just the beginning.

[TabiPay @TabiPayHQ]

TabiPay now integrates the x402 protocol!

x402, proposed by @Coinbase, is an internet-native payment protocol built on HTTP, making crypto payments as seamless as web requests.

x402 enables:
1️⃣ Pay websites or merchants directly with crypto, no bank account needed
2️⃣ Makes AI smart account assistants possible

TabiPay will continue working with merchants to explore and build the next generation of Consumer Finance.

[El @0xelson]

😥 When payments cross companies or countries, it gets even trickier — payment providers just can’t trust each other instantly.

[El @0xelson]

@chenmo 确实..

[Matt Huang @matthuang]

On Tempo, permissionlessness, L1 vs L2

Tempo will be a permissionless chain. On day 1, anyone will be able to deploy a token, and anyone will be able to transact on the chain. Some projects think that attracting real-world usage and serious institutions requires giving up on base layer neutrality. We do not think that, and that's not how we're building Tempo.

The plan for Tempo is to have permissionless validation and permissionless smart contract deployment as well as permissionless usage: just like Bitcoin, Ethereum, Solana, etc. We’ll start with a permissioned validator set to get going and decentralize further from there.

We’re building in features to make it easy for entities interacting with the blockchain (like asset issuers, money transmitters, etc.) to comply with their relevant obligations, but the base layer will remain neutral. This is a principle we feel incredibly strongly about (see: https://t.co/bt6aFEDch9).

As many parts of the mainstream world look to adopt crypto, we think there is a risk that they adopt permissioned systems. Our goal with Tempo is to help onboard them onto crypto rails that solve specific payments needs while still being truly permissionless.

—
Why L1 rather than an Ethereum L2?

At Paradigm, we are heavily invested, both intellectually and literally, in the Ethereum ecosystem. We will continue to help it scale, and invest in and support companies building on Ethereum. We are also extremely excited about single-sequencer L2s for many use cases, including trading.

But building a network for global payments will require bringing together thousands of partners that may not trust us, or Stripe, or anyone as a platform. We think a decentralized validator set—for the chain itself—is a necessary requirement for those partners, and to ensure that the chain is unquestionably neutral in the long run.

From an operational perspective, we feel urgency to build for the demand that’s coming and want fewer dependencies, including on the rate of Ethereum L1 progress. With Tempo, we tried to remove all crypto tribalism and alignment games from our thinking and just focus on building the right product for crypto payments.

At a technical level, we are prioritizing attributes like fast finality (L2s are generally only as final as the underlying L1), multiple validators (vs. single sequencer), and custom transaction lanes and gas pricing. Some of these are technically possible for an L2, but could be complex, slow to implement, and/or introduce many external dependencies. Tempo is stablecoin-focused, so interoperability through native issuance is more relevant to us than the native bridge to Ethereum that L2s have.

We aren’t Bitcoin, Ethereum, or Tempo maximalists. We’re maximalists for permissionless crypto. We want Ethereum L1 to scale, and we want L2s to thrive. We love Bitcoin as a monetary asset. We find substance in Solana, Hyperliquid, and many other ecosystems. We want to ensure real-world payment flows happen on crypto rails, and that’s why we’re building Tempo.

[El @0xelson]

这太强了

[🎨 @devinjacoviello]

The website designed for @tempo

// by me & @narrowd
with design input from @matthuang

[El @0xelson]

这是一个由 “流言蜚语” 和 “AI 摘要” 所构成的信息爆炸时代。人们逐渐丧失深度思考的习惯，误将信息的触手可及等同于个人认知和真相，观点被 “热点”和 “算法” 批量生产，趋于收敛化和同质化

保持专注、做真正的深度思考，创新和机会来自于那里

[El @0xelson]

在我们的成长过程中，我们对周遭事物的注意和忽略都是经过高度调教的

[El @0xelson]

@KirisuguX 通勤时地铁和开车，地铁到达时间标准差更小，如果赶时间开会可能选择地铁是好的方式；
合作伙伴标准差小意味着更可靠，如果不得不选标准差大的要做好策略；
特别是在制造业和餐饮业，大家都花了大价钱来降低不确定性；
提供降低标准差的产品或服务，是一个很好的切入点。

[El @0xelson]

想尽办法降低生活中的标准差