Yield on @Monad_xyz is not created equal.
While the tourists ask "wen token," I’m analyzing the liquidity layer. Two giants are fighting for your $MON, and they offer completely different games.
My thesis on @MagmaDAO vs. @Kintsu_xyz. 🧵 1/8
Video editors are cooked." 🍳
Monad just fired their entire media team. Why? Because an AI created their promo video with just 3 prompts.
The cost of "good enough" just hit zero. If your job can be automated, you are on the clock. ⏱️🤖
#AI#TechNews#Layoffs#FutureOfWork
Chasing quick cash kills long-term wealth.
If you squeeze your users for every penny today, they won't be around tomorrow.
Pigs get fat. Hogs get slaughtered. 📉
@banteg Smart play.
Nuking accounts is emotional. Sending a polite notice is business.
Why burn a bridge with a potential customer when you can just convert them into a paying user? That is the long game.
Liquidity is lazy. It flows to the easiest narrative.
ETH L2s feel fragmented (bridge here, wrap there).
Solana is becoming crowded.
Monad is simply 'ETH but fast.'
That one sentence is going to drive billions in flows over d next 6 months.
Don't overcomplicate d rotation. 🧱
The weekend clarity was necessary.
ETH is optimizing for 2030.
Apps need throughput in 2026.
A massive gap just opened between the roadmap and reality.
We aren't betting against the King. We are betting on the bridge between 'now' and 'then.'
Repricing starts today. 🧱
Vitalik is honest: the vision arrives 2027-30.
In crypto, that is a lifetime.
Capital is impatient.
While Ethereum builds for the next decade, the market will reprice the chains that deliver high bandwidth today.
We don't have the luxury of waiting. 📉
Now that ZKEVMs are at alpha stage (production-quality performance, remaining work is safety) and PeerDAS is live on mainnet, it's time to talk more about what this combination means for Ethereum.
These are not minor improvements; they are shifting Ethereum into being a fundamentally new and more powerful kind of decentralized network.
To see why, let's look at the two major types of p2p network so far:
BitTorrent (2000): huge total bandwidth, highly decentralized, no consensus
Bitcoin (2009): highly decentralized, consensus, but low bandwidth - because it’s not “distributed” in the sense of work being split up, it’s *replicated*
Now, Ethereum with PeerDAS (2025) and ZK-EVMs (expect small portions of the network using it in 2026), we get: decentralized, consensus and high bandwidth
The trilemma has been solved - not on paper, but with live running code, of which one half (data availability sampling) is *on mainnet today*, and the other half (ZK-EVMs) is *production-quality on performance today* - safety is what remains.
This was a 10-year journey (see the first commit of my original post on DAS here: https://t.co/Fa0jKFgObW , and ZK-EVM attempts started in ~2020), but it's finally here.
Over the next ~4 years, expect to see the full extent of this vision roll out:
* In 2026, large non-ZKEVM-dependent gas limit increases due to BALs and ePBS, and we'll see the first opportunities to run a ZKEVM node
* In 2026-28, gas repricings, changes to state structure, exec payload going into blobs, and other adjustments to make higher gas limits safe
* In 2027-30, large further gas limit increases, as ZKEVM becomes the primary way to validate blocks on the network
A third piece of this is distributed block building.
A long-term ideal holy grail is to get to a future where the full block is *never* constituted in one single place. This will not be necessary for a long time, but IMO it is worth striving for us at least have the capability to do that.
Even before that point, we want the meaningful authority in block building to be as distributed as possible. This can be done either in-protocol (eg. maybe we figure out how to expand FOCIL to make it a primary channel for txs), or out-of-protocol with distributed builder marketplaces. This reduces risk of centralized interference with real-time transaction inclusion, AND it creates a better environment for geographical fairness.
Onward.
@monad The most important metric isn't TVL.
It's the spread between App Fees ($38k) and Chain Fees ($3k).
Legacy chains tax the user. Monad lets the application layer keep the margin.
The value accrual has officially shifted to the apps.
Thesis validated. 🧱
Jan 1 was for the tourists.
Jan 2 is for the chop.
The real institutional flows start Monday the 5th.
Don't mistake thin liquidity for a trend.
Sit tight. 🛡️
Day 1.
The slide decks are retired.
Now we need the TPS on the screen.
If you built the rails, show us the traffic.
Infrastructure is a 'show me' game now.
Watching. 🧱
2025 was the layout.
2026 is the payout.
We spent 12 months bidding the rails.
Now we just wait for the traffic to arrive.
Thesis locked. Happy New Year. 🧱
36 hours left in the annual candle.
Retail is chasing the final wick.
We’re already positioned for the Q1 open.
The time to allocate was November. The time to wait is now.
Sit on your hands. 🧱
@monad We spent a decade selling 'future of payments' on chains that choked on a single NFT mint.
Finally, the engine matches the pitch deck.
Real commerce needs throughput, not vibes.
The infrastructure overhang is gone. 💳
@KuruExchange High conviction allows for high inactivity.
Retail is fighting over the 15-minute candle.
We're positioned for the 2027 cycle.
Let it smoke. 🚬
@RikOostenbroek The 2026 thesis visualized.
We spent 2 years funding the factory.
Now we enter the era of the product.
The rotation is inevitable.
Clean.