Tre 🔶

I came into this world a degen and i plan to go out that way | Been doing crypto full time since 2021 and one things for sure, only the strong survive | NFA

[Tre 🔶 @Trecryptox]

Shib and Floki had their moment but the story behind $ASTEROID? That’s on a whole different level.

This isn’t just another hype cycle; it feels like a once in a lifetime narrative. The kind you don’t see twice and probably never will again.

@blknoiz06

[Tre 🔶 @Trecryptox]

All-Time choke by Wembanyama!

Missed middy with 30sec left.
Terrible turnover & foul with 9sec left.
Missed great look to win at buzzer.

This series is over!

[Tre 🔶 @Trecryptox]

Refs tried everything they could to give that game to the Spurs. Knicks are just to good.

[Tre 🔶 @Trecryptox]

@blknoiz06 @AskVenice $pod @dphnAI next?

[Tre 🔶 @Trecryptox]

@blknoiz06 @iwantlambo Like $POD @dphnAI 👀

[Tre 🔶 @Trecryptox]

@brian_armstrong @coinbase @HyperliquidX Big month for $POD @dphnAI

[Tre 🔶 @Trecryptox]

@EricCryptoman @TheDefiApe

[Tre 🔶 @Trecryptox]

J dub wouldn’t have let SGA die alone like that. Chet is a bitch

[Tre 🔶 @Trecryptox]

@rekt_tekashi SGA played his ass off and Chet let him and his teammates down.

[Tre 🔶 @Trecryptox]

@Jason Lmao

[Tre 🔶 @Trecryptox]

Chet Holmgren, enjoy Milwaukee!

[Tre 🔶 @Trecryptox]

@Jelitics Chet played like a scared bitch this entire series.

[Tre 🔶 @Trecryptox]

Congrats, Spurs! See you again next year.

[Tre 🔶 @Trecryptox]

@jessepollak @dphnAI Very powerful

[Tre 🔶 @Trecryptox]

@CryptoKaleo LFG

[Tre 🔶 @Trecryptox]

🎯

[Legion Hoops @LegionHoops]

Draymond Green:

“Shai, you've reached a new level of greatness my man... you got sports media coming out and talking about what they don't like about your greatness, as if SGA is running up and down the court with the whistle in his mouth calling a foul for himself... you all think the NBA is that easy to where this guy just flops and goes to the free throw line and he becomes the back to back MVP? We really gonna dumb the NBA down to that?”

(via @DraymondShow)

[Tre 🔶 @Trecryptox]

@Degenlicious @MascotAsteroid @Asteroid_Bags @phantom @AsteroidCoinOG @ethereum @Asteroidcto I can tell by your grammar that you’re as dumb as you sound.

[Tre 🔶 @Trecryptox]

@Degenlicious @MascotAsteroid @Asteroid_Bags @phantom @AsteroidCoinOG @ethereum @Asteroidcto I already made high 6 figures. I wouldn’t use 1 dollar of that money to support a parasite.

[Tre 🔶 @Trecryptox]

@0xuberM @banterlytics Facts

[Tre 🔶 @Trecryptox]

@Degenlicious @MascotAsteroid @Asteroid_Bags @phantom @AsteroidCoinOG @ethereum @Asteroidcto

[Tre 🔶 @Trecryptox]

I keep stacking as much $POD as possible between between 10 - 15M. I expect @dphnAI to be trading around 100M within the next 30 days.

[doc🃏 @jkrdoc]

Let's run some numbers on $POD, and address why the FDV is truly a 'meme' in this case:

At its last datagen peak the network processed 3.5B output tokens/day across a 600-GPU fleet. With V2 unlocking meaningful per-GPU efficiency gains, 10B output tokens/day is a reasonable conservative target to anchor against. Below is what both look like at OpenRouter-rate pricing ($0.80 per 1M output, $0.15 per 1M input) and the historical 20:1 input:output ratio that real agent workloads tend to land on.

Note: this is a single-model exercise (Qwen 3.6 35B economics). In practice the network will serve a basket including Gemma 31B and 26B, which are faster and cheaper, broadening the addressable demand pool. So the math here is conservative on the revenue side.

Current 3.5B output/day:
Output revenue: $2,800/day
Input revenue: $10,500/day
Gross revenue: $13,300/day, all of which routes to POD buybacks
Node emissions ($0.50 per 1M output): $1,750/day

Buyback-to-emissions ratio: 7.6x (!)

For every $1 of POD paid out as emissions, $7.60 of POD is being bought back off the market. Most of those emissions are paid bonded, with a 20% fee on liquid claims routing back to stakers, so even the share that does hit the float gets partially absorbed by the same flywheel.

Against ~$10M in circulating market cap, that means current-rate buybacks already represent roughly 4% of the float being bought back annually. Post-V2 scenario, closer to 13%. On the float that's actually tradeable, the bid is structurally large.

Annualised current: ~$4.85M gross to buyback against a $100M FDV. About 21x.

Post-V2 conservative 10B output/day, same prices and mix:

Gross revenue: $38,000/day → ~$13.9M/year to buyback
Node emissions: $5,000/day
Buyback-to-emissions ratio: 7.6x (constant, the design scales linearly)

For benchmark, HYPE currently generates around $2.54M/day in fee-driven buybacks, $927M annualised, against a $58B FDV. The market values that buyback flow at roughly 63x.

Apply the same multiple to POD's current 3.5B-per-day economics and the implied FDV is roughly $300M, about 3x current. Apply it to the post-V2 10B scenario and you land closer to $880M, around 8.8x current.

The 10B figure is a working assumption of what V2 should unlock; the real number could be lower or higher and needs to be seen once V2 ships and the API is live. But the 7.6x buyback-to-emissions ratio is what makes the FDV stop mattering the way most people assume it does. It is not a token waiting to dump on you. It is a token the protocol is mechanically buying back faster than it is being issued.