Tenbin's first asset is live.
Introducing Tenbin Gold (tGLD): Liquid, Yield-bearing Tokenized Gold.
Built for instant on-chain liquidity with DeFi utility.
https://t.co/0TESwDZ6As
The biggest lottery jackpot ever won was ~$2B, drawn just from the US, where about 50% of adults buy at least one lottery ticket per year.
Lotteries have historically been capped regionally. @megapot is building an internet-scale lottery, where you can also be the house. There's a powerful flywheel here: more players, more LP yield, more capital backing the pool, and bigger jackpots, which attract more players.
To give you an idea of how demand scales here, Powerball ticket sales roughly doubled between the $1B and $1.7B drawings, and grew ~12x from start to finish in the Dec 2025 run. Think about what's possible when the pool isn't so geographically constrained.
With permissionless infrastructure and borderless payments, this is now possible. Stoked to be backing them at @banklessvc.
LIVE NOW - Megapot: the Onchain Lottery That Lets You Play Both Sides
A billion people already play the lottery. @megapot wants to put it onchain.
@Patrick_Lung breaks down:
- why lotteries barely changed in 50 years
- Megapotโs shared global prize pool as an onchain consumer app
- LPs permissionlessly "being the house"
- referrals replacing the traditional 7-11 distribution model
- Ethereum as the coordination layer.
Enjoy.
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TIMESTAMPS
0:00 What Megapot is trying to build
7:02 Why people play lotteries
9:43 How the Megapot model works
14:06 The player, LP, and referral flywheel
18:26 Jackpot design, odds, and expected value
25:57 Early traction and user behavior
29:48 Gambling, fairness, and โbeing the houseโ
35:09 Business model and open protocol strategy
40:38 Ethereum, Base, and the multi-chain strategy
What would looping FX carry trades look like on-chain with Tenbin's tokenized currency?
The Strategy:
1. Collateralize the yield-bearing tokenized currency
2. Borrow USDC on Aave or Morpho
3. Acquire high-yielding currencies (like BRL, MXN)
4. Deposit as collateral
5. Loop
We built a dashboard to find out this strategy's return across different currencies
https://t.co/1GSWqcEDLk
FX carry trade is one of the most popular liquid strategies for retail traders and liquid fund in TradFi.
It has been extremely difficult to replicate the same FX carry strategy on-chain. But this will change with Tenbin's tokenized FX offerings.
AI agents processed 150M+ machine-to-machine payments. Visa, Mastercard, and Stripe are all live with agent payments.
But 88% of orgs have already had agent security incidents. Trust in autonomous agents dropped from 43% โ 22%.
The payment rails work. The trust layer doesn't exist yet.
We mapped what's missing. ๐งต
https://t.co/DPKIXv0RVS