and by giga send, like - it means really giga send, like 500x type
Crossing my fingers here but love what they're shipping daily, including their new morpho lending/borrowing platform
What @NetNetCap is about to achieve within the first few months since inception will be studied
They’re already top15 by 30d revenue, more soon
Billions are going to be so obvious in the hindsight robinhood:0xca9c78dd337a67f6e0077f65f5e9218719d30edf
FY-HI (🥅,🥅)
$net is stopping being a token and starting being a balance sheet. each engine, and what it does for the token:
→ reserve: $10m+ usdg in morpho plus a $3.7m stock sleeve. the floor under every net
→ bond desk: subscriptions buy stock through rialto, ~$98k a day. backing per net rises on every fill
→ standing bid: manager buys net at 2x nav, going to 3–4x. bought net feeds bonds instead of minted net. kills the bond half of daily inflation
→ staking: 90% of supply locked, no net outflow day in the last eleven. the base doesn't leave
→ casino: subway runner, boardroom, dial up, 40k plays. the zapper buys and stakes net for every player. demand with a lock on it
→ market maker: lp book on the stock pools, ~$6k a day base case. fee income from the chain's own trading, paid into the reserve
→ credit vault: netnet credit on morpho, lending usdg into stock collateral markets. interest plus a performance fee from borrowers who aren't net holders
seven products that would be seven projects anywhere else.
here they all route to two numbers, backing per net and usdg per net. and the front door is a game.
starting to think even my default bullishness and understanding here is behind what this is and what is coming... time will tell.
NetNet Capital Management has launched NetNet Credit, a curated credit layer built on @Morpho , on Robinhood Chain. It brings isolated lending markets for tokenized equities to the chain, each with its own collateral, oracle, and risk parameters.
Imagine if someone told you about a company, brand new less than 3 months old and it generated over 16 million in revenue, would you buy the stock?
$Net is so undervalued 💎
What a unicorn of a project 🦄
🥅,🥅
$NET is going to retire many people this cycle
Imagine when five figs & 100,000,000 treasury?
Ordinary folks will be printing $3k + a day staking on @NetNetCap
🥅🥅
People on this app sold and grave danced on $NET when it hasn’t even pumped yet
Al has exceeded expectations a hundred fold, he would take a bullet for you, and some of you couldn’t hold after the coin dipped from $2000 to a measly $500
Fuck You Higher