The access gates are open🕹️
Genesis Pass mint is live on @Somnia_Network@berachain@BNBCHAIN@MoonbeamNetwork@ethereum. It’s your time to make it count and get your hands on JOY Genesis.
Early believers play first. Earn JOY Points from day one. Secure exclusive discounts at launch.
Golden passes exist🌟And yes, they can land you an additional JOY Genesis at no cost👀
Get yours before it’s gone👉 https://t.co/rpJSBlbi5b
Introducing @PoeticHQ: a new AI system that executes complex multi-hour tasks with 99%+ accuracy and 10x fewer tokens than agents.
We raised $50M at $500M from Kleiner Perkins, Founders Fund, First Harmonic, and Genius Ventures to build AI that does complex work inside Fortune 500 companies without hallucination.
While code is too brittle, agents are too unpredictable. The work that runs the global economy - anti-money laundering, fraud investigations, underwriting - needs extreme accuracy.
So we built a new kind of software that pairs the flexibility of AI with the predictability of code.
When the world stays the same, Poetic runs fixed code: fast, cheap, identical every time. When the world changes, Poetic uses AI to regenerate its approach and find its way back to the objective.
In one year, we went from zero to an eight-figure run rate as a team of four.
Since then, we’ve scaled the team and executed the highest-stakes processes at AIG, SoFi, and Chime. At SoFi, a large US bank, Poetic reached 99%+ quality on fraud investigations in five weeks.
We're hosting a researcher party in London
We are opening our @gen_intuition offices in Kings Cross and the whole team is in town next week to kick it off.
DM me, @AdamJelley2 or anyone on the team to snag a spot on the guestlist for June 10th
3Jane has executed the first of several credit facilities to scale U.S. fintech lenders, starting with a $10M warehouse line giving LendSwift a cryptonative balance sheet to grow its consumer installment loan product that thousands of Americans already use.
LendSwift keeps doing what it does best: customer acquistion, underwriting, origination, & servicing. 3Jane provides structured debt financing behind it, collapsing the multi-year bank warehouse -> forward-flow -> asset-backed securitization gauntlet into a single pooled, revolving conduit.
Suppliers mint USD3/sUSD3 on Ethereum, capital is lent to LendSwift to fund end-borrowers, newly originated consumer receivables are pledged into a bankruptcy-remote SPV to collateralize the facility with the originator retaining first-loss equity, loans are repaid through borrower cash flows swept into a DACA-controlled account, & yield is distributed back via report().
Cryptonatives now have access to the full raw economics of high-yield structured credit that historically accrued to funds and banks. No intermediary credit fund, no synthetic exposure, no tokenized claim on someone else's assets.
Native asset issuance will become the gold standard for funding fintech lenders within 3 years.
The entire structure is visible on 3Jane's backing page: https://t.co/3T1DfLMbWE
instead of watching 2 hours of Netflix tonight, watch this 40-minute masterclass from the founder of a $20B China AI company
it's the clearest explanation I've seen of how Agent Swarms and AI systems actually work at scale
useful whether you've never built an agent in your life or have been using Claude every day for the past year
I took the key ideas and turned them into a practical guide on how to actually build with Kimi
find it below
Fixed income vaults in DeFi are increasingly becoming a cornerstone of the liquidity ecosystem.
A simplified model of both @aave and @Morpho below shows how the vaults are used by borrowers to provide a service to lenders by giving them liquidity combined initial margin protection on the underlying illiquid collaterals in exchange for a cut of the yield.
This trade only works for assets with yields greater than 1.8 times the overnight rate in each currency.
Right now, that threshold is 6.55%
If you are a tokenisation platform or fund issuer: make sure to focus on assets that clear this rate if you intend them to be used as DeFi collateral.