jaypaul.eth

Crypto Research & Thesis-Driven Investing || Managing Partner @TriplePointStr || Personal views, not investment advice

[jaypaul.eth @jaypaul]

https://t.co/jNATs3BPZ2

[jaypaul.eth @jaypaul]

You can eat Taco Bell every day for 12 years and live longer than the average American.

Live Más.

[Dexerto @Dexerto]

An 81-year-old couple celebrated over six decades of marriage by renewing their vows at their favorite Taco Bell

After eating there every day for 12 years, the chain has now rewarded them with free lunches for life

[Eleanor Terrett @EleanorTerrett]

🚨NEW: There is a renewed sense of urgency among GOP lawmakers to get the Clarity Act passed, I’m told.

It’s being driven by heightened political pressure following the fallout from the Housing bill, as well as the realization that time is running short.

When senators return from recess on July 13, they’ll have just 20 working days (roughly four weeks) to get the legislation through the Senate and back to the House before the August recess.

They depart Washington today with a handful of key issues still unresolved, including ethics.

But that's not fazing some industry leaders like @a16z's @milesjennings, who says the pressure and time constraints could ultimately create the conditions needed to strike a deal.

@SolanaInstitute President @KristinSmith lays out why she believes there's still a path forward to getting the Clarity Act passed next month. ⬇️

[jaypaul.eth @jaypaul]

Party’s over, folks. Get some sleep.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: OpenAI is now "leaning toward" pushing its IPO until 2027, per NYT.

Details include:

1. "Choppy" markets in recent weeks have led OpenAI to reconsider the timeline of the IPO

2. The company is worried it may not find much enthusiasm from retail investors

3. Advisors are recommending OpenAI either wait until 2027 to IPO at $1 trillion or lower the valuation for a quicker IPO

Recent volatility in tech stocks has raised concerns around OpenAI's IPO.

[Stani @StaniKulechov]

Lots of discussions around Aave so I want to clarify a few things:

• First off, there is NO WAY we’d sell AAVE at a 70% discount lol.

• 100% of Aave Protocol and GHO revenue goes to the $AAVE token. This was established in the Aave Will Win proposal.

• AWW also applies to all product revenue, including the Aave App, Aave Pro, and Swaps.

• No protocol or product revenue goes to Aave Labs, which is a service provider to the DAO responsible for building and growing Aave.

• Aave Labs owns an allocation of AAVE that multiple market participants have discussed purchasing, directly or indirectly, through deeper long-term partnerships. The article’s framing is inaccurate.

• Aave is currently generating $134M in annualized revenue, which goes to the Aave DAO.

• As defined in AWW, all intellectual property, including the Aave brand and any software built for Aave, belongs to $AAVE.

• We haven’t shared much on this yet, but the Aave team is designing Aavenomics 3.0, which includes a new automated and non-discretionary buyback mechanism. More on this later.

• Aave is building not only for the crypto TAM, but for the entire finance asset TAM, including RWAs.

• Everyone at Aave Labs and Aave DAO works for $AAVE.

We’ll be hosting our quarterly call in the next couple of weeks. Join us if you want to catch up on what we’ve been working on and get some cool updates on the Aave roadmap.

[MSB Intel @MSBIntel]

BREAKING: Chainlink Reserve added 593,088 LINK in June, up 24.6% from May.

Total holdings are now 4.5M $LINK.

[Luigi D'Onorio DeMeo @luigidemeo]

@mbaril010 I've been at Aave Labs for almost 2 months and I can say that it only cares about the token. There is a lot in that article that isn't accurate.

[Stani @StaniKulechov]

@MattMalone33 @josefabregab @aave new Aavenomics 3.0 will have immutable and automated buybacks of $AAVE

Aave team is working on this

[Cointelegraph @Cointelegraph]

⚡️ INSIGHT: Standard Chartered says Aave could 50x to $3,500 by 2030.

The bank expects Aave to benefit as DeFi assets grow 37x and tokenized finance moves onchain.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump has signed a pair of Executive Orders aimed at speeding up the development of advanced quantum computers.

Details include:

1. Order 1 directs federal agencies to work with the private sector and academics to deploy a quantum computer powerful enough to conduct scientific research by 2028

2. Order 2 directs agencies and government security experts to prepare for quantum systems that can evade standard encryption more quickly than previously anticipated

3. The orders coincide with billions of dollars in funding for quantum companies being awarded by the Commerce Department

President Trump is ramping up support for quantum.

[jaypaul.eth @jaypaul]

@KobeissiLetter If you’re in AI, pivot to Quantum.

[ansgar.eth @adietrichs]

I'm incredibly excited to share that we are launching Ethlabs.

The core belief: This is a unique moment for Ethereum. Adoption is here, the global economy is moving onchain.

We want to help Ethereum realize its potential and become the shared global settlement layer.

[Bitmine (NYSE-BMNR) $ETH @BitMNR]

The team at Ethlabs @ethlabs_org is one the cores driving the future of @ethereum

Thus, Bitmine is delighted to be a key partner backing the efforts of this team

$ETH is money

[Cointelegraph @Cointelegraph]

🔥 UPDATE: BitMine says it meets Russell 1000 eligibility criteria, with the reconstituted index set to take effect June 26.

[jaypaul.eth @jaypaul]

@ethlabs_org Riders of Ethereum

[Stand With Crypto🛡️ @standwithcrypto]

The Senate is going to adjourn for recess next week, and the Clarity Act vote does not have a scheduled vote.

Tell your Senator to bring it to the floor.

No more delays. Vote before recess.

[dannyryan @dannyryan]

New node, killer team

Ethereum's success is derived on many fronts through diverse mindshare, diverging concerns, healthy competition, and a shared responsibility

Excited to collaborate with @ethlabs_org to ensure Ethereum becomes the settlement layer of the global economy

[Aave @aave]

Aave V4 crossed $200 million deposits.

[L2BEAT 💗 @l2beat]

Aztec Labs' @aztecnetwork is now fully permissionless! This makes it more autonomous, resilient, permissionless, and arguably less secure than before.

Wait what?

[Sharplink @Sharplink]

Sharplink is thrilled to support @ethlabs_org alongside @BitMNR, @ethereumjoseph and other key ecosystem contributors.

Founded by five former Ethereum Foundation researchers, this independent nonprofit will ready Ethereum for the next phase of institutional adoption.

We expect this to be the first of many private sector initiatives to grow the Ethereum ecosystem alongside the Ethereum Foundation.

Learn more:
https://t.co/tMGlRXfyTS

[jaypaul.eth @jaypaul]

ETH truly is an infinite garden. Onward 🚀

[Ethlabs @ethlabs_org]

Announcing Ethlabs: a non-profit R&D lab for Ethereum and ETH

Our mission is to make Ethereum the settlement layer of the global economy.

The internet became global because shared protocols created a common language between networks. Private systems remained useful, but bounded. Finance is approaching a similar moment. As value, assets, and markets become digital, the world needs shared settlement infrastructure.

Ethereum is uniquely positioned to become that shared base layer, the neutral foundation on which users, institutions, and agents can transact without intermediation.

What we believe:

• We believe credible neutrality matters. Ten years of uptime and the lowest counterparty risk. Ground that cannot be pulled away by any one country, institution, company, or person.

• We believe ETH matters. The most valuable, programmable store of value. A decade of broad distribution, deep liquidity in onchain markets, and maximally trustless asset on Ethereum.

• We believe DeFi matters. Markets, liquidity, credit, exchange, and coordination, open to anyone.

• We believe adoption matters. Principles do not change the world until people benefit from them.

We sit between two worlds: real usage from the builders at the frontier, and the protocol that has to support it. We work with users, applications, wallets, L2s, infrastructure teams, institutions, ETH holders, core devs and researchers, then turn what they actually need into protocol work, shared standards, infrastructure, and shipped products.

Ethlabs is independent but Ethereum is a shared project. We are one node in a much larger network of stewards. This is the multi-node future.

We have spent the better part of the past decade contributing to Ethereum core research and development.

We are opinionated and transparent. We move with urgency, learn in public, and course-correct when we’re wrong.

We are building a lean, talent-dense team for people who want to do the most important work of their careers: [email protected]