consumer crypto is still early in a pretty simple way
why?
- every app treats you like a new user, even if you’ve been around for years
- there’s no shared identity or reputation between apps
- moving between apps always feels like starting over
things like reputation layers such as Prints from @fluentxyz are trying to solve this
imo the real upgrade isn’t more apps, it’s users being recognizable across them
Bitcoin crashed to its lowest level in over 21 months, touching a cycle low of $58k for the first time since September 2024.
Despite the heavy volatility, BTC still closed the daily candle above the key $59k support.
It needs to reclaim $63,200 to invalidate this bearish breakout.
1/ Announcing thUSD points: our largest points campaign to date.
The primary way to earn points is through new thUSD vaults, which carry the highest native multiplier and can further boost your exposure.
Three vaults are live at launch:
1. 3-month Core vault at 6.5% APY + 2x points
2. 6-month Core+ vault at 7.2% APY + 4x points
3. 6-month Boost vault at 11% APY + 2x points, initial cap of $5M
Read on for the full breakdown of the thUSD Points Program, including:
1. How to earn points
2. How to track points
3. Our new thUSD Referral Program
We'll also provide details on the previous season of Theo points.