0xVE AvalonLabs 🎩🔮

Building @avalonfinance_ for #Bitcoin Chief Customer Service Officer Join Us - |

[0xVE AvalonLabs 🎩🔮 @0xvebb]

Grateful for every Avalonion who has been part of this journey. 🖤

In 2024, we pioneered the first CeDeFi lending product and reached a peak TVL of $3B. This year, we launched Super Earn, with more RWA products on the way.

And if you've been here since the beginning, you remember: our team launched the first-ever T-Bill pool back in 2022.

The best is still ahead 🧙‍♀️

[陈小萌 @MengLayer]

沉寂了半年后， $AVL 爆发了
连续登顶多个交易所的涨幅榜🤫

去查了一下发现，原来是上线 $XAUT 黄金金库理财产品了，说实话在Cedefi这个路线上， Avalon还是走的比较靠前的，期待团队后续的动作~

[Avalon Labs @avalonfinance_]

We're planning to launch the first on-chain GOLD-Backed yield product on SuperEarn, powered by $XAUT (@tethergold). This will be our first RWA yield product, bringing institutional-grade gold exposure on chain for qualified participants.

Stay tuned for the official launch date.

[0xVE AvalonLabs 🎩🔮 @0xvebb]

@ant_investor @yhaiyang Yes, it will take a longer time.

[0xVE AvalonLabs 🎩🔮 @0xvebb]

声明：以下观点仅针对吴说引述的这段总结，未读杨海坡 @yhaiyang 原文。

结论先行：我不认同这个观点。

关于"共识即幻觉"
共识本身就是价值的载体，这在经济学上并不新鲜。法币的价值来自国家信用背书下的集体共识，黄金的价值来自数千年人类文明对其稀缺性与物理特质的集体认可。比特币的共识机制也是一样，它建立在对去中心化、抗审查、总量恒定这些可验证特质的认可之上。

一个反例是：川普发币，坐拥全球最强的政治影响力与媒体曝光度，却无法让全世界对其代币产生持久共识。这恰恰说明，共识不是被制造出来的幻觉，而是对某种底层特质真实认可的结果。能被制造的共识，才是幻觉。

关于"没有收入"
用"收入"这个商业框架来评价比特币，本身就是类别错误。
比特币的设计目标从来不是一门生意，而是一套激励相容的记账协议。矿工通过算力维护网络安全，以比特币作为报酬，这是协议层面的价值分配机制，而非传统意义上的商业收入。用"没有利润表"来否定一套基础设施协议的合理性，就像批评TCP/IP协议"没有收入"一样。

至于整个加密行业衍生出的交易所、借贷、资产管理等商业形态，那才是真正意义上的商业行为。这些业务有没有收入，是另一个话题，不应归咎于比特币本身。

关于"赌场结构"—这恰恰是驱动力，而非原罪
加密货币的兴起在结构上与赌场类似，这个观察没错。但这个类比指向的是行业的驱动机制，而不是其价值判断。

事实上，几乎所有重要金融市场的早期形态，都高度接近赌场。17世纪的阿姆斯特丹股票交易所，最初的主要功能是东印度公司股票的投机交易，参与者对公司的实际运营几乎一无所知；19世纪的美国铁路债券市场，充斥着内幕操纵与庞氏结构；20世纪初的华尔街，在1929年崩盘之前本质上是一个杠杆化的投机场。这些市场最终走向规范化，不是因为人性改变了，而是因为监管框架、信息披露机制和真实商业模式逐渐成熟，将投机能量导向了价值发现功能。

符合人性，才能快速聚集参与者；聚集了参与者，才有流动性；有了流动性，真实的价值发现才有可能发生。赌场特质是行业早期的引擎，而不是终点。批评加密行业有赌场属性，等于批评所有金融市场在其早期都不应该存在。

关于泡沫与真实价值

当下AI行业的估值泡沫，同样缺乏足以支撑当前市值的可见现金流。互联网泡沫破裂后，真正活下来并重塑世界的公司屈指可数，但它们活下来了。泡沫筛选掉了投机者，留下了真实的基础设施。

加密行业亦然。真正的问题不是"有没有真实应用场景"，而是"谁在定义和主导这个场景"。

我们团队从2021年开始做债权代币化，2022年上线美债代币，是全行业首家。彼时行业内掌握资金与流动性的主要力量对RWA的认知尚未成熟，市场定价权掌握在与此无关的人手中，劣币驱逐良币的现象十分明显。五年后的今天，美债代币化在加密行业已建立起真实的生态地位。我们当年的判断，被时间验证了。

加密行业能否真正挖掘出其应用价值，本质上取决于有影响力的参与者能否将行业的叙事从纯粹投机导向真实场景建设。参与者结构变了，劣币驱逐良币的格局才会改变。

结语
"没有收入，所以必然崩盘"，这是一个错误的因果链。它混淆了协议层与应用层，混淆了早期市场结构与成熟市场结构，也混淆了行业现状与行业潜力。

最后，关于赌场：全球没有一家合规赌场因为"像赌场"而倒闭。如果今天赌场牌照全面放开，会有人因为道德上不喜欢赌场而放弃申请吗？

行业的本质从来不是问题。问题永远是：谁在里面，做什么。@colinwu @yhaiyang

[lufei @lufeieth]

明天读下这本书。

[0xVE AvalonLabs 🎩🔮 @0xvebb]

@ant_investor @yhaiyang Yes, we're cooking something.

[0xVE AvalonLabs 🎩🔮 @0xvebb]

@heyibinance @captain_kent 一姐每次冷不丁的一个幽默都能戳中我🤣今年是马年，大家都是马太子。

[Avalon Labs @avalonfinance_]

We hear you. We’re pleased to introduce SuperEarn, a market-neutral yield program designed for institutions and professional investors seeking consistent, risk-aware return opportunities amid uncertain market conditions.

Built to bridge on-chain yield generation and traditional wealth management standards, SuperEarn aims to provide an institutionally aligned approach to deploying capital on-chain, with an emphasis on disciplined risk management and capital preservation.

SuperEarn sources returns through a diversified set of market-neutral strategies, including quantitative trading strategies, decentralized finance (DeFi) yield strategies, and select real world asset (RWA) exposures. All strategies operate within a structured risk management framework designed to adapt to changing market conditions and volatility. SuperEarn-related products currently target an annualized return range of 8%–15%, though actual performance may vary and is subject to market conditions.

[Avalon Labs @avalonfinance_]

MERRY CHRISTMASSMAS🎄✨

From all of us at Avalon Labs

(Yes, we put extra M's because we're extra festive this year)

[Aster 🥷 @Aster_DEX]

$AVL ( @avalonfinance_ ) is coming to Aster. 🟧
Already holding 444 $ASTER ? Same stack qualifies here. No double parking.

We’re running another trading-fee based, Spot-only campaign on Aster,
where partners like Avalon Labs get real spot flow and traders recycle the same 444 $ASTER stack for more upside.

🕒 Dec 1, 14:00 UTC – Dec 11, 23:59 UTC
🎁 $50,000 in $ASTER + extra $AVL for AVL/USDT Spot (1.2× symbol boost during the campaign period)

To qualify:
🔸 444 $ASTER held on Aster across Spot + Perp for the entire campaign window ( Dec 1, 14:00 UTC – Dec 11, 23:59 UTC)—and if you’re already holding 444 $ASTER for overlapping Aster campaigns, that same stack counts here too.
🔸 ≥$4,000 AVL/USDT Spot volume on Aster. Perpetual volume is not counted for this campaign
🔸 Rewards split by your share of AVL/USDT Spot trading fees, capped at 3% per user, MMs excluded

Avalon Labs ( @avalonfinance_ ) is a leading Bitcoin-focused on-chain capital markets platform and the issuer of USDa, the Bitcoin-collateralized stablecoin. To date, Avalon has facilitated over $3.1B in loan volume and serviced 20,000+ BTC for institutions and individual users. By bridging traditional finance with decentralized infrastructure, Avalon Labs is building the financial center for Bitcoin—offering secure, scalable, and transparent solutions for the digital asset economy.

Details 👉 https://t.co/7ql1C3vfwY

[0xVE AvalonLabs 🎩🔮 @0xvebb]

The failure of DAT was foreseeable, as I mentioned back in May. Crypto companies must approach the traditional capital markets with both respect and caution. I never meant that crypto companies shouldn’t pursue an IPO or explore a DAT strategy, the point is that there’s only one viable path if they want to succeed in the traditional financial world: build real use cases and strong fundamentals.

Without that, capital might play along with you in the short term, but in the long run, it will abandon you. You’ll be played by capital, and you’ll end up the loser.

This is exactly why we stay focused on building. Only solid fundamentals and real data can earn true respect from the market.

[0xVE AvalonLabs 🎩🔮 @0xvebb]

I’m honestly shocked to see the trend of some crypto companies trying to play in the traditional capital markets. On the bright side, it shows crypto is moving into the mainstream. But on the flip side, if crypto players bring the same casino mindset into this space, it’s going to end badly.

The SEC may be taking a relatively soft approach right now, but let’s not forget, there’s an election every four years, and regulatory tides can shift fast. The U.S. has the most robust capital market in the world for a reason: it’s built on a strong foundation of securities law and a solid compliance framework. Bringing a reckless, short-term mentality into that environment is not just risky—it’s dangerous. It won’t just burn individuals; it could shake the entire crypto industry. Another black swan event? You never know.

When I was preparing for CFA Level I, the very first chapter was about the discipline and ethics of being a financial professional. There were so many red flags listed—clear warnings about what not to do, or you could land in serious legal trouble. Traditional finance is a much more serious arena, and it demands respect.

Take a lesson from a classic case: Enron. It’s the foundational case study in every business school for a reason.

[0xVE AvalonLabs 🎩🔮 @0xvebb]

@practice_y11 我去年也不小心打了一笔USDT去Coinbase, 给他们客服打了好多电话，每个电话都在重复同样的内容：“这是你的问题，不是我们的问题，我们处理不了 🙂”。然后钱就没了

[0xVE AvalonLabs 🎩🔮 @0xvebb]

If you believe in AI.
If you believe in Bitcoin.
If you believe in Avalon Labs.
$AVL 🔼

[0xVE AvalonLabs 🎩🔮 @0xvebb]

GPU is the KEY and a key🔑to unlocking the AI world. And we’re the ones holding it @avalonfinance_

I know everyone’s tired of hearing talk — it’s time to see action.

So follow me and watch the Avalon Labs GPU Installation Day 👇🏻

@BNBCHAIN @cz_binance

[0xVE AvalonLabs 🎩🔮 @0xvebb]

@off_thetarget 花椒老师，看看Avalon Labs呀~ 我们一直Build, 但是没人关注，是不是劣币驱逐良币的市场。

[Avalon Labs @avalonfinance_]

We’re proud to announce the successful completion of a $1 million $AVL token buyback and burn in Q4, a reflection of our long term commitment to creating sustainable value for our community and ecosystem.

In total, 5,187,165 $AVL tokens were repurchased and permanently burned. This initiative was fully funded by Avalon Labs’ protocol revenue, underscoring the strong growth and profitability of our platform.

To date, we’ve burned 100,142,329 $AVL tokens, representing 67% of the total circulating supply.

Avalon Labs remains steadfast in our mission to build the leading on chain capital market for Bitcoin and AI RWA marketplace, and we’ll continue to develop sustainable mechanisms that strengthen the Avalon ecosystem and deliver enduring value to our holders.

Proof of Burn: https://t.co/0dgdsVCYb3

[0xVE AvalonLabs 🎩🔮 @0xvebb]

@Elizabethofyou 宝贝， #AVL 给你安慰

[0xVE AvalonLabs 🎩🔮 @0xvebb]

Wow, great summary! Thanks!

------------------------------------------------------
Avalon Labs Releases Whitepaper for On-Chain AI-Backed RWA Marketplace on BNB Chain https://t.co/xHiR4dDbSn

[0xVE AvalonLabs 🎩🔮 @0xvebb]

GPU is the KEY and a key🔑to unlocking the AI world. And we’re the ones holding it @avalonfinance_

I know everyone’s tired of hearing talk — it’s time to see action.

So follow me and watch the Avalon Labs GPU Installation Day 👇🏻

@BNBCHAIN @cz_binance

[Avalon Labs @avalonfinance_]

Today, we’re excited to announce the official release of our Whitepaper for the industry’s first on chain AI-backed RWA marketplace and AI-Model-as-a-Service (AI-MaaS). The exclusive initial launch on @BNBCHAIN!

This marketplace is open to all GPU hardware owners and AI model developers. Our first launch will feature a Reinforcement Learning Model (RL Model) deployed by Avalon Labs in collaboration with our AI partner, powered by H200 GPU hardware as the foundation.

More importantly, we are introducing the world’s first Commercial Rights Tokenization (CRT) standard for Real World Assets (RWA). CRT establishes a new framework for tokenizing the commercial rights of commodities, merchants, goods, and services issuing tokens that represent enforceable rights to underlying commercial assets or services.

For those unfamiliar with our background, the Avalon Labs team has been a pioneer in real-world asset (RWA) innovation since 2021. Read more about us 👉🏻 https://t.co/qUBIkrZM3U

📖 Dive deeper into our Whitepaper: https://t.co/HUgCSummVN