MVP🐻⛓️

basic bd bera @berachain

[MVP🐻⛓️ @BeraMVP]

Sorry. Had to.

[Kalshi Sports @KalshiSports]

WOW: A Kalshi trader has put $125,005 on Jordan Love to NOT win NFL MVP this season.

If anyone else wins the award, the trader will win $130,506 for a profit of $5,501.

[MVP🐻⛓️ @BeraMVP]

@berachain Clearstar, full heart, can’t lose

[Berachain Foundation 🐻⛓ @berachain]

New curator, new assets, new yields.

Put your $HONEY to work on Clearstar's new Bend vault or borrow against your sUSN and savUSD.

Stay tuned for even more yield bearing assets on their way to an animal-themed chain near you.

https://t.co/xRIbnmQg5J

[MVP🐻⛓️ @BeraMVP]

@EthBushwick Mikey in charge

[MVP🐻⛓️ @BeraMVP]

Meet me at the @EthBushwick exotic cig convention

[MVP🐻⛓️ @BeraMVP]

@AndrewCapasso_ @passalacqua_mj U know that clear regulation makes a market more efficient right?

[Carnation @0xcarnation]

The Original PoL’s main flaw was that it emitted more BGT than what apps paid back as bribes

with the ERA deals coming in PoL Next, the value leakage is fully plugged. BGT emissions go towards funding the growth of apps, but the apps will return a fixed upside for the network

[Smokey The Bera 🐻⛓ @SmokeyTheBera]

The only way to survive is to adapt.

The user base, developer base, and mechanisms that Berachain was originally built around are mostly relics of crypto history at this point in time.

They've been replaced by some of the largest financial institutions in the world, and a crop of forward-thinking companies leveraging the advantages of an on-chain economy (capital formation, composable finance, money transfer and more).

In order to compete in a world of corporate chains with existing user moats, Berachain has to take a fundamentally different approach to every other group. That's what PoL Next is meant to accomplish.

We're going to bet the house on a small subset of misfits and moneyball teams with asymmetric growth potential, and some semblance of PMF. Berachain's emissions will finance their growth, our DeFi stack will integrate their assets, and our team will direct our attention towards helping them grow. The model ends up looking similar to revenue financing / CAC financing for our tradfi friends in the room.

In return, these teams will help us do something which has never been accomplished at the chain level before - making emissions profitable.

I'm excited to try new things, and help to Build some very robust Businesses. More on this and info on some of the programs first particpant(s) over the next few weeks.

[Berachain Foundation 🐻⛓ @berachain]

1/ Berachain's Proof of Liquidity is evolving.

As crypto adapts to fit a more mature crowd of asset allocators, the Beras are making some changes.

Here's everything you need to know about the new PoL 🧵

[MVP🐻⛓️ @BeraMVP]

@OseroHQ @SkyEcosystem @Plasma Piotr and Kabat got this. Can’t wait to see what they give us!

[MVP🐻⛓️ @BeraMVP]

@WeekendHQ cool! let’s incentivize winners with crypto! dm if possible.

[MVP🐻⛓️ @BeraMVP]

@Gudtrip @puffpaw Ready.

[Trung Phan @TrungTPhan]

The new Gudtrip Vape may have the greatest landing page sales copy ever: “A connected earning device” that “combines premium cannabis, blockchain rewards and AI-powered asset tools in one product.”

[Reffo @web2reffo]

We sell smart Bitcoin vapes in licensed cannabis stores.

Every @Gudtrip vape gets weed stoners free Bitcoin.

And soon tokenized stocks.

[Berachain Foundation 🐻⛓ @berachain]

What da bears and the @DefiLlama doin?

[MVP🐻⛓️ @BeraMVP]

@dreaming my Dream comes true

[Smokey The Bera 🐻⛓ @SmokeyTheBera]

current infra thesis atm:

chains used to be a bet on network effects and "finding the next solana" dressed up with a good bit of technical jargon to justify it. network effects do not work when there are no users (current state of crypto retail)

distribution is unlikely to be a win condition for most teams. Eth and Sol are potential outliers here given lindyness / breakout status and existing liquidity moats. Most others (including us) are likely cooked on this front on a 1-2 year time horizon.

we're just seeing the start of corp chains - the Robinhoods and Stripes and Coinbases of the world are going to own distro, and eventually, I expect that they'll attract sufficient masses of onchain liq to give Eth / Sol a run for their money. And this is sensible - they already own the user or PoS in meatspace

there's something to be said about owning "crypto native distribution" but I suspect that its a race to the bottom as natives look for exit liq from new corporate driven retail distro and asset bases. This capital is definitely more risk on and larger (in concentration) than "classic retail" to start, so there's likely still edge here in the next year or so.

so basically - chains have to compete on an edge outside of distribution, and at some point, on liquidity as well. This likely means that they'll need to

- own their own revenue generating financial stack, or product stack (1)
- incubate and spin out stuff that uniquely leverages their tech stack to do something better than their web2 counterparts (2)
- figure out how to sell into corporates (effectively Blockchain SaaS) and solve a need for them (3)
- OWN and offer a unique application experience which cannot be easily replicated by trad counterparts (4)
- play moneyball and focus on working with applications that won't tick the boxes for large corporate chains for one reason or the other (5)

I'm biased, but being able to influence our own block rewards streams provides Berachain with a unique lever that most other networks don't have - but emissions are useless if we can't put them in the right place

our path forward / win condition is likely some combination of (1) and (5). generally guiding principles remain the same as always - avoid crowded spaces, play games with potential monopolistic outcomes or unfair advantages, and always fade the popular narrative

[MVP🐻⛓️ @BeraMVP]

@ApiaryFi Praised be to Apiary

[Apiary @ApiaryFi]

Honey! I'm home!

Apiary Finance is now live.

Get $APIARY below 👇