Haydon

Crypto investing & research | Pitches welcome, DMs open | Opinions my own | NFA

[Haydon @0xhaydon]

@BTCdayu @niqislucky 介个 茶包反而是微塑料释放大头 除非你泡散叶茶

[Mippo 🟪 @MikeIppolito_]

This is the most important chart in crypto right now

[Haydon @0xhaydon]

@lilk1kopops 福报🙃😊🙃😊

[Haydon @0xhaydon]

@poopmandefi @JupiterExchange Congrats bro. So happy for you

[Mippo 🟪 @MikeIppolito_]

Tokens with equity do not work

[Dmitriy Berenzon @dberenzon]

1/ RWAs are the logical conclusion of stablecoins.

I've written a new piece that:
- Proposes a taxonomy for the different types of RWAs
- Discusses the adoption sequence of RWAs
- Outlines the issues that are preventing the continued adoption of RWAs
👇
https://t.co/mRPUjNaqbR

[Haydon @0xhaydon]

@ShanghaoJin 哥 过去这些“精英”觉得产能可以很容易replace 日韩贵了就转移到台湾，台湾贵了就转中国大陆。人家也想不到产能去了中国大陆就转移不出去了。不是有一句话说，中国可能是最后一个能完成现代化的国家吗😅

[Haydon @0xhaydon]

@skyguoCypherium 虽然但是 这个U是upper不是under😏

[Colin Wu @colinwu]

Polychain 支持的比特币二层网络 Botanix 直接宣布解散，核心原因四点：

1、比特币的终局是一种储备资产，它的实用性和可编程性没有市场

2、市场不再为代币发行买单

3、绝大多数 DeFi 用例在以太坊 L2 上的包装比特币就足够了

4、链上经济被有用户的中心化平台赢家通吃

https://t.co/5M175hBFB3

[Jeff Park @dgt10011]

I don’t think Bitcoin is selling off because of MSTR

I think it’s being tapped to fund the market’s upcoming hot ball of money trades: SpaceX, Anthropic, whatever else everyone suddenly “has to own”

This means in the future, the correlation breakdown will itself become the fuel

[Haydon @0xhaydon]

@yangshuibao 哥 这都叫制裁 标准是不是有点低😢

[Delphi Digital @Delphi_Digital]

https://t.co/uXuEXgqKSR

[Cat McGee @catmcgee]

This week we created a skill that lets you translate Ethereum contracts to Solana programs and actually make use of Solana architecture

So I built a tool to use that skill in your browser (and learn ETH -> SOL concepts along the way)

Check it out below! 👇

[Haydon @0xhaydon]

@nick_havryliak Spot on, Nick — 100% agree! Shouldn’t be US/EU or China, just do both
Bro, loving the energy but that epic night shot is actually Guangzhou (hello Canton Tower!). Shenzhen’s jealous. Still an absolute banger of a photo though! Keep killing it

[Haseeb Qureshi ＞|＜ @hosseeb]

Most people have never managed anyone. Those who have, most have never managed anyone smarter than themselves.

This is about to change for everyone. You will be surrounded by agents that are smarter than you, working for you 24/7. In a world of cognitive abundance, your understanding becomes the bottleneck.

You can genuinely delegate a lot of cognitive work now. This is not sci-fi. It's already permanently changed the texture of knowledge work.

But the less you understand what your agents are doing and how they're doing it, the less you will be able to get out of them. This is why it's still important to understand things like software, coding, economics, math, statistics, game theory. Not because you need to DO them (you don't), but you need to understand what's easy and what's impossible.

Try to be as smart as your agents. You will inevitably fail, but you don't need to get all the way there. You just need to become smart enough to manage things smarter than you.

[Aran Komatsuzaki @arankomatsuzaki]

Follow-up on non-English token-inefficiency with more model-language pairs:

- Chinese is cheaper than English on major Chinese models
- Gemini and Qwen provide least non-English tax
- Anthropic has the highest tax by far; Kimi is next
- Hindi is the worst-covered language here, despite its massive speaker base

[Haydon @0xhaydon]

@lilk1kopops 笑死😂

[Circle @circle]

Circle Ventures is purchasing $AAVE tokens because strong DeFi infrastructure does not build itself. Aave is helping to shape the future of onchain finance, and we’re backing that ecosystem and the entire community built around it.

DeFi United

[Lily Liu @calilyliu]

We use our treasury to support the growth of the Solana economy. That is, definitionally, DeFi.

But economies don’t exist in isolation. For Solana to be healthy, all of defi has to be healthy.

We like competition. We compete hard. But if we zoom out, we’re all pushing toward open finance and open systems.

We’ve deployed our treasury into Solana DeFi for many years. We supported Tether’s recovery plan for Drift.

In moments like these, it’s important to show up for the broader ecosystem too.

That’s why we are lending USDT into @aave for the first time to support their recovery efforts, and we will also be bringing $AAVE to Solana this weekend.

DeFi United

[Lido @LidoFinance]

A proposal for Lido DAO to contribute to @aave’s coordinated rsETH relief effort has landed on the Research Forum following this week’s Kelp's rsETH LayerZero bridge exploit.

The proposal authorizes a one-time, capped contribution of up to 2,500 stETH to a dedicated relief vehicle, solely as part of a fully funded recovery package. The proposal is designed to reduce broader ecosystem spillover and support an orderly resolution for affected users.

DeFi United. Read more below:

https://t.co/6RsmdW2R6t