we have a lot of updates coming over the next couple months that will make this thesis very clear, yall will fw the product
hold $ANSEM & earn rewards
watch & learn on market bubble
execute ideas & trade on Bullpen
https://t.co/BIYZS2Fj4C
big news
the solana deflation & burning proposals will go to an early vote starting tomorrow
if they get at least 15% of stake to signal support, they'll go to a final vote after that
if you're a node or holder that want these on Solana, show support fast
no time to waste
The recent low adoption asset and network wind-downs on Aave should not be interpreted as a view on any L1 or L2. The goal is simply to reduce Aave's operational, technical, and economic risk surface so we can focus on higher-impact priorities such as growing existing high value markets and expanding to securities finance.
L2s remain critical to Ethereum's user experience. For example, Aave App's Stable Vaults use an L2 as their accounting layer which will onboard mainstream into DeFi. Likewise, networks such as Avalanche play an important role in bringing RWAs onchain through institutional business development, an area where Ethereum has historically been lacking.
thesis on creators and startup distribution
every tech startup faces a problem where they need distribution at the beginning post-product, even if you are the most cracked developers it does not matter much if you can't get eyes on your product
advantage of crypto is apps deployed on permissionless blockchains instantly get access to everyone with a wallet, but you still need a way to signal to a group of active users onchain
past few weeks ive seen how protocols have targeted $ANSEM holders as a means of getting immediate eyes on their product by attaching themselves tangentially to the brand and also adding value, best example has been @bullpenNFT, i did not know this team but they committed to buying $ANSEM with 100% of their mint proceeds, another example is @addicteddotfun whose also spent portion of revenue on $ANSEM buybacks
creators already have massive distribution at scale on social media platforms, but typically do not have any way of extending their platform to others to add value for their supporters, attention is worth a lot of value in age of digital media but typically the way that creator-consumer relationships work is that companies pay creators X, because they believe that it will result in Y demand for their products where Y >>> X
if you flip this model such that creators tokenize their network, then consumers can own a piece of that network and instead of companies marketing just to the creator as an individual to get them to buy other products, they can market directly to token holders, either by creating a protocol that buys & burns $ANSEM with portion of their revenues, or by giving $ANSEM holders unique advantages in their app that other ppl do not have - this works at scale because of the existing distribution of the tokenized attention network, this NFT collection has been #1 in trading volume simply because it has leveraged using these token holders as marketing
ppl are greatly discounting how much its possible to extend a network to other protocols and startups when you have both a large amount of attention and a large amount of capital that teams are all vying for, it also removes responsibility from the creator individually because a lot of this is organic and not led by one person, so instead of benefitting from just one attached business $ANSEM actually benefits from multiple businesses, which only becomes more attractive for those businesses as the network grows in size, my vision is to create a way to productize & incentivize this so it's easy for the $ANSEM ecosystem to continue to grow and not be reliant on just me, in addition to the content engine around the black bull meme itself
Tons of FUD and misunderstanding around the v4 fee switch:
"LP fees are getting reduced" - False. Protocol fees are additive, not subtractive. LPs earning 30bp per swap still earn 30bp
"The protocol is taking 25% of LP profits" - Made-up math. On a 30bp pool the protocol fee is 5bp. That's 5/35 = ~14% of total swap fees and 0% of what LPs were already earning
"The cut is too high" - CEXs charge 100–200bp per swap. 5bp on a 30bp tier is 20–40x cheaper, for the deepest distribution in DeFi
And to the fork that talks about Uniswap more than its own product, takes 100% of swap fees, and "compensates" LPs with uneven token inflation set by token votes: lol
"We know how to make Algorand quantum resistant, not just accounts."
Does your blockchain?
In a new interview with @sandmark_news, our CTO @bmartins_ explains how Algorand is preparing for Q-Day.
Native post-quantum accounts are just around the corner. They mark the first milestone in Algorand's roadmap toward broad network-wide quantum resilience by the end of 2027.
Proud to join @nvidia as a founding member of the Open Secure AI Alliance. Defenders need open tools, collaboration, and transparency to secure AI agents and systems. And customers want the ability to choose the best open or closed models.
https://t.co/xlDZKO0y89
UPDATE: Russia's largest bank, Sberbank, plans to build crypto trading infrastructure by December 1 including a digital depository and active crypto wallet, following the State Duma's passage of a comprehensive crypto trading bill on July 21.
I'm so obsessed with the @bittensor model, where competing for prizes is vetted by validators... open source, OPEN COMPETITION, is the future!
Please explain to me how you're using this stuff fam
What is often lost in the noise is that there are people working relentlessly to push Zcash forward.
Private, trusted, hard money.
On the "inside," I get to see it every day. But you can verify it all.
The Orchard soundness vulnerability was disclosed to our engineers at 11:53 PM on Friday, May 29.
It was fixed in 5 days, requiring both a soft fork and a hard fork. That speed was only possible because the process was already there. Disclosure procedures and coordination channels were already in place. We were prepared.
Then we built the new pool, independently audited, with 60 pull requests of machine-checked proofs. We retired zcashd after a decade and rebuilt the stack:
Zallet, the new wallet, went from alpha to beta. 146 PRs
Zebra was hardened. 296 PRs
Zakura was brought to life. 442 PRs
librustzcash and the mobile SDKs updated. 460 PRs
Indexers were rebuilt.
Zodl rebuilt on top. 238 PRs across iOS and Android
And not just code. Comms. Coordination. Miner and exchange outreach.
To date:
51 people wrote code
1,391 pull requests merged
60 days
No weekends
Wartime mode.
14 of those 51 are ZODL engineers. They authored half the merged changes and 82% of the changes in the protocol and wallet repos.
Every consensus node has moved to zebrad or Zakura. The wallets have not. Some run on a bridge Valar built to buy time. There is still work to be done.
Orchard was fixed in 5 days and replaced in 60.
Ironwood activates in less than 36 hours. Track the migration: https://t.co/jLqaAbMmvl
Many people are working not for personal glory or price charts, but because this work is so important.
Freedom isn't free; it must be built.