Mo Najafi

Building @Refracted_Labs. Prev. lead engineer spearheading a $20 billion protocol | CSE @ SNU

[Paris Blockchain Week @ParisBlockWeek]

DeFi startups are dominating the room! 👑

Decentralizing access to lending, borrowing, and trading for anyone, anywhere.

New Era (@newera_finance), YieldFi (@getyieldfi), 40acres (@40acres_Finance), Floe Labs (@FloeLabs), The Risk Protocol (@TheRiskProtocol), Lubit AG, Cassa (@Cassa_fyi), Colfi, https://t.co/DoPhxuwRI6 (@bondoncredit), XPlace (@xplaceapp), Axis (@Axis_pizza), DiversiFi (@usediversifi), Toto Finance Inc. (@totofinance), Demether (@demetherdefi), Margarita Finance (@margfinance), Bitmore (@bitmor_btc), Runner (@runnerb0t), Forge Protocol (@_forgeprotocol), Alvara (@AlvaraProtocol), Dualmint (@DualMintRWA), Refracted Labs (@refracted_labs), Clona (@Clona_official), Boansa tech, Fairway (@fairway_global), Frgmnt (@frgmnt), &VOLUME, Cybro (@Cybro_io), kuvi .ai, Wesplit, Athar (@AtharFinance), T3tris Labs, Senary Labs (@SenaryLabs), Lend, grrn, Lawyered, and MatterhornSo (@matterhornso).

[Paris Blockchain Week @ParisBlockWeek]

#StartInBlock 2026 Top 100 Is Here!

1000+ Founders applied, and these are the most promising early-stage startups in Web3, filtered, evaluated, and selected as the 100 best candidates.

Get your VIP INVESTOR TICKET to access the DEAL FLOW, pick the 12 finalists, and hear them pitch in Paris at the Louvre.

Grab Your Investor Ticket with code: PBWINVESTOR

First 10 tickets get 25% off: https://t.co/UktYnYHtTh

The 12 finalists will be announced to pitch in front of our amazing sponsors and partners @bit2me, @SpectrumNodes, @Cardano_CF, @AdevarLabs, @ai, @yzilabs, @oviohq, @PitchBook, @DraperDragon, @0xProject, @deel, @DraperVC, @Bpifrance, @Taisu_Ventures, @brian_wong, @LBV_VC, @edenblockvc, @cryptocom, @halo__xyz, @50Partners, @Dune, @MCSocialVenture, @CoinMarketCap, @Cointelegraph, @Sony_Innov_Fund, @trgcapi, @strobefund, @BanklessVC, and @Maven11Capital, and jury members @samizb (@draperdragon), @mfelicepace (@Spectrumnodes), @tkstanczak (@nethermind), Cosmin Staicu (@bit2me), and Jessi Brooks (@RibbitCapital).

Let's take a look at who made it to the top 100 👇

[Mo Najafi @arky_mo]

@MeshClans Agreed. Trade now, settle later (as we call it) is what we’ve been building around as well. We see it as infrastructure, not a service, with a lot of interesting use cases emerging on top. Curious which ones you think matter most early on.

[Mo Najafi @arky_mo]

Another day of grinding!

[Mr Refractor @MrRefractor]

Some Notes on $PRYZM LBP on @Pryzm_Zone with 24 hours left

Caveat: The PRYZM LBP is a live, on-chain experiment never before attempted at L1 level making it truly unique from anything I've seen before. We hope this sets a benchmark for Interchain Fair launches.

Current stats: $400k bought so far. $380k currently in unexecuted DCA orders. 60mm $PRYZM tokens sold, 40mm available.

TL;DR:
- Last 12 hours should be very interesting — volatility expected as buyers try to time the bottom in a game of chicken.
- Tokens are probably being sold too cheap due to overly aggressive LBP parameters set in stronger market conditions.
- Discount vouchers significantly improve the incentive to participate vs. just waiting — adding “free upside” if price moves post-launch.
- Large buyers are holding USDC off-chain and waiting to strike without signaling, adding stealth and uncertainty to final dynamics.

- The Pryzm LBP ICO auction is live with just over 24 hours remaining. Volatility is expected to increase sharply as the "game of chicken" dynamic nears its conclusion.

- The auction uses a steep price curve, which makes tokens cheaper over time. This benefits buyers but reduces the amount raised. Original parameters were set in a stronger market and may now be too aggressive. The team chose to provide excess liquidity, which has led to tokens likely being sold too cheaply. Once the LBP ends, this forced sell pressure ends—and only LBP buyers will hold liquid tokens, with no downward pressure from airdrops, CEX allocations, or market makers.

- Large buyers are keeping USDC off-chain to avoid signaling intent, using last-minute transfers or Skip for stealth purchases.

- This is a fully interchain launch—participants can buy PRYZM tokens using USDC from any major blockchain in one step. It also supports native DCA (dollar-cost averaging), a first for an LBP, making it one of the fairest interchain launches to date.

- Discount vouchers for participants and referrers are incentivizing more people to join and wait. These act like free options that can be monetized if the token performs well post-launch.

- No private investors, no presale, and no whitelists. All tokens are distributed publicly, resulting in a genuinely community-driven launch with strong support from early participants.

- DCA has been heavily used, allowing buyers to smooth entry and reduce exposure to typical LBP volatility.

- Price impact per trade is increasing as the auction nears its end. A 1,000 USDC buy currently moves the price ~0.45%, rising to ~1.1% in the final 24 hours.

- The structure has become a strategic waiting game. As price drops, fewer dollars are needed to stabilize it, increasing risk and reward as buyers try to time their entries.

- Once the LBP ends, auction-induced downward pressure is gone. The token will have been widely distributed in a fair and open market.

- 100 million PRYZM (10% of total supply) is being distributed in this one-off event, emphasizing decentralization and true community ownership. 60mm sold so far, 40mm left..

- Several larger holders have already begun accumulating with low price impact—an opportunity usually reserved for VCs in traditional launches.

Some images:

Large buyers taking advantage of large liquidity and now more smaller buyers via DCA

Leaderboard showing some holders managed to accumulate decent size positions

388k of DCA orders gradually positioned down the orderbook

Use this tool to visualise the LBP
- https://t.co/zcS2VvixqF

Check current status at https://t.co/ALIZYJaiZb

[Mr Refractor @MrRefractor]

Excited to celebrate a major milestone today—after more than three years of work from our team, we’re launching the first-ever LBP with DCA for @Pryzm_Zone. Grateful to reach this pivotal moment & to keep building on our roadmap. Check it out at https://t.co/eJXDcMiYMb!

[ICO Analytics #StandWithUkraine 🇺🇦 @ICO_Analytics]

Updated: ​​A short list of the upcoming TGEs, primary listings, product releases you should know about.
- $pryzm @Pryzm_Zone LBP Jul 7-21
- $tren @TrenFinance TGE Jul 11
- $dfun @Dashfun_games TGE Jul 11
- $hyb @BuildOnHybrid TGE Jul 12
- $pump @pumpdotfun token sale Jul 12-15
- $trn @t3rn_io token sale Jul 15-17
- $tac @TacBuild TGE Jul 15
- $xpl @PlasmaFDN token sale Jul 17
- $csky @Coreskyofficial TGE Jul 21
- $tuna @DeFiTuna TGE Jul
- $open @OpenledgerHQ mainnet Jul
- $wlfi @worldlibertyfi expected TGE Jul
- $end @TheTreeverse TGE Jul
- $ta @TrustaLabs TGE Jul
- $hana @HanaNetwork TGE Jul
- $es @EclipseFND expected TGE Jul
- $tanssi @TanssiNetwork TGE Jul
- $ika @ikadotxyz TGE Jul
- $prove @SuccinctLabs expected TGE Jul
- $mirror @blackmirror_xp TGE Jul
- $thq @TheoriqAI mainnet Jul
- $taker @TakerProtocol TGE Jul
*All the dates are estimated based on previous projects' announcements. More here: https://t.co/MSXJAt7X0r

[Mo Najafi @arky_mo]

It’s easy to say “community first.” It’s harder to walk the talk — especially when VCs and KOLs offer shortcuts.

@Pryzm_Zone said no to private allocations, no to paid promos, no to dumping on users. From day one, it’s been community first.

So here’s the signal: if someone claims to care about the community but never mentions Pryzm — question them. They don’t mean it.

[Pryzm @Pryzm_Zone]

The $PRYZM Price Discovery Event (PDE) unlocks a fair, community-first launch with Pryzm’s Liquidity Bootstrapping Pool and PulseTrade.

Championing fairness means only PDE participants can buy $PRYZM at launch. No private allocations for VCs, angel investors, or KOLs. Early participants are eligible to provide liquidity to the Pryzm Base Pool and Pryzm/USDC Pool, earning the highest possible rewards and real yield.

Residual tokens in the pool will be returned to the Foundation for future rewards and ecosystem growth, ensuring long-term value 🙌

[Keplr Wallet @keplrwallet]

May's Top dApps are in!

[Mo Najafi @arky_mo]

@dieterthemieter @0xMagi_c The app chain thesis is about having the best of both worlds—scalability through the security of DPoS. There are efforts to make it even more scalable, especially since running a PoS network can be expensive and hard to maintain for the product operator.

[Mo Najafi @arky_mo]

We knew exactly why we’re building Pryzm as an app chain. Join us and see how far this can go.

This roadmap is shaped by real conversations with the community—listening to pain points and building solutions that truly matter.

Soon, we celebrate. 🦭

[Mr Refractor @MrRefractor]

We keep getting asked on roadmaps for @Pryzm_Zone and @Refracted_Labs so here's my take

Frankly, I dislike traditional roadmaps. Too often, they're just hype machines-promising Tier 1 CEX listings, narrative leeching and “global domination” with no substance. That’s not what we're about. Our approach is about transparency, real products, and sustainable value-not empty promises.

With that having been said....

_____________

Our guiding principle: keep shipping products, keep adding utility, keep expanding the ecosystem. Every step is about one thing: driving real cashflow and utility back to $PRYZM and its holders. Everything we do is with the goal of making Pryzm a sustainable, cash-generating project. The vision for the team is simple: never have to sell a $PRYZM token. Instead we want holders, including the team, to live off the real, steady cashflow it generates-like holding a supercharged rental property that just keeps paying out into perpetuity.

Pryzm is a DeFi playground, creating real opportunities for people. All the degens in the trenches with us now-those who’ve chewed glass over the last three years-are exactly the people who deserve the most upside. We’re building this for your and our interests are aligned.

What We’re Building at @Refracted_Labs (shipping Q2 & Q3)

- Universal Orderbook: Any token, any chain, any direction-tap into global CEX and DEX liquidity via IBC Eureka. No liquidity pools, no fragmentation, just maximum capital efficiency. 🦭
- Money Market: First implementation is done, UX is next. Fixed term, fixed interest, no liquidations, no oracles. Simple, predictable, and robust.
- Options (Puts & Calls): Built on top of the orderbook and money market-bringing real derivatives to the ecosystem.
- Native Stablecoin: Using our money market infrastructure, we'll create a unique stablecoin that adds further utility and stability.

These are completely new primitives not seen anywhere else in DeFi. We’re not here for copy-paste forks, ponzi nonsense, or the endless ouroboros of atomic liquidity farming. We believe the future of DeFi is about real innovation, not recycling the same tired tricks at the expense of retail users.

All these products were originally conceived to add utility to pryzm tokens but we realised they are much bigger than that and can also fill a vast gap in DeFi. We'll launch them on Pryzm first, then roll out to EVM environments. BTC remains the biggest opportunity in crypto, so we’re prioritising launches closest to native BTC bridges. When governance tokens for these products go live, Pryzm holders, early users, and StakeDrop participants will receive airdrops-details will always be clear and upfront.

PRYZM Tokens & Vaults

- New Token Integrations: Focused on yield-bearing apex stablecoins and BTC with yield-bringing more ways to earn.
- One-Click Vault Strategies: Making it effortless for users to maximise yield-more passive, high-return options with a single click.

A Note on Roadmaps

Of course, like any roadmap, everything here is subject to change. The space moves quickly, and we’ll adapt as needed to keep Pryzm on the right track. We’ll always communicate openly about any shifts in direction.

In summary: we’re building for the long term-real products, real utility, real cashflow. If you hold $PRYZM we hope you enjoy the ride, and we want to let the cashflow do the talking.

[Mo Najafi @arky_mo]

@BPIV400 Building @Refracted_Labs: @Pryzm_Zone, @Forwards_Zone and some other products.

[Pryzm @Pryzm_Zone]

$USDY enters the chat 😉

Earning Photons is about to get even more stable.

@OndoFinance @noble_xyz 🤝

[Keplr Wallet @keplrwallet]

January’s top dApps are in!

[Enzoterra @Enzoterra6146]

What is OpDrop?

Let’s break down the new OpDrop initiative by @Pryzm_Zone and how it creates powerful incentives for community members

As co-founder @MrRefractor puts it, “It’s an added incentive for StakeDrop users to transfer assets to Pryzm or join the Price Discovery Event.”

🧵Let's dive in ⤵️

[Peace ₿ @ilo_0x]

The ultimate $SOL + $ATOM yield hack 🧠

There's never been a better time to earn yield on your stack. Let's talk about how you can earn
⚡ 42% APR on your $SOL ⚡
by leveraging some clever protocols in the Cosmos ecosystem.

🧑‍🍳 Ingredients:
- Get paid to borrow $ATOM on Neptune
- Deposit $ATOM on Pryzm for fixed income

Currently, Fixed Yields for ATOM and dATOM on @Pryzm_Zone clock in at around 60% !!
But you don't have to sell anything to make use of that opportunity. In fact, it might even be better not to! By leveraging your SOL stack you can do some real magic. 🪄
Here's how:

Step 1. Lend $SOL on Neptune to earn 14% APY

Yes that's right.
@neptune_finance is a lending protocol on @injective and has recently listed SOL. Since the market is still unsaturated and Solana assets on Cosmos are just starting out, there are some juicy lending yields to be found here. 🍉

Step 2. Borrow $ATOM on Neptune

Collateralise that SOL to start borrowing.
Borrowing ATOM on Neptune is cheap. Clocking in under 2% APY, you're effectively earning more from lending SOL than you have to pay to borrow the ATOM needed for this strategy. 💲

*Added advantage: Since SOL and ATOM are more correlated than USDT/ATOM, you are much better guarded against possible liquidation risk. Still, don't overdo it, protect your SOL! 💰

Step 3. Buy fixed maturity $ATOM on Pryzm

Pryzm is a highly advanced yield market comparable to Pendle. Currently, you can get 58% APY on pATOM dated 31st March. It's one of the highest yielding protocols in the space. You can currently farm their upcoming airdrop, definitely worth checking out IMO. 🪂

*Pro tip: Read their docs and use PulseTrade to gradually DCA into the fixed maturity pATOM for reduced slippage. 💡

Step 4. Rinse and repeat

After your pATOM reaches maturity, you can unbond it for ATOM. Unwind your position on Neptune to free up your SOL, or start farming a new maturity! ⚡

Questions or remarks?
Leave a comment 👇

*New to bridging? Here are some great dApps to get your assets bridged across Solana and Cosmos:
- @squidrouter
- @SkipProtocol

[Pryzm @Pryzm_Zone]

Important Information

📢 Attention all Photons Degens & StakeDrop Hodlers

▪ Season 1 of Photons will conclude at midnight UTC today, with Season 2 starting immediately after.

▪ We will be calculating points from Season 1 and all StakeDrop activity up to this point. Please note, photons for self-referrals will be removed and reallocated from these calculations. This is the last chance for self-referrals to come forward and keep the system fair.

▪ Your airdrop amounts will be available for review on our web app early next week. You can expect the amount to be at least what's currently shown on the leaderboard and possibly higher following reallocation.

▪ Shortly after, the allocation will become claimable and tradeable between other $PRYZM Derivatives. As a reminder, the airdrop will consist of PRYZM Yield LP + yPRYZMs. You will be able to trade between derivatives, auction your tokens via FlowTrade, unbond them, or wait for USDC liquidity (next step).

▪ Approximately one week after the airdrop is claimable, the $PRYZM price discovery event will happen. Here, the community will help determine a fair price for the $PRYZM token, and we'll establish a PRYZM-USDC liquidity pool.

▪ StakeDrop will continue as outlined in the forum discussions with increased rewards. Regular distribution of the $PRYZM token will happen to StakeDroppers along with other benefits.

____________________

Important Notes

We will provide clear communication regarding the exact times for:

① When the airdrop becomes checkable.
② When the airdrop becomes claimable.
③ When the $PRYZM token becomes available for trading.

Stay tuned for our upcoming article on Season 2, which will involve minimal changes to portfolios. New assets will be added, and there will be bonuses for active traders, participants in the $PRYZM price discovery, new referrals, and those who maintain or increase their airdrop allocation.

[Mo Najafi @arky_mo]

Good things come to those who stay refracted.

[dYdX @dYdX]

DeFi is the endgame.