BlockThrone

Saving beginner and intermediate #crypto degens from themselves since 2017.

[BlockThrone @block_throne]

This is THE END!!!

https://t.co/gc83MQKgVA

[Ignas | DeFi @DefiIgnas]

This Vitalik's 2016 Reddit post gave core idea for Uniswap:

'Let's run on-chain decentralized exchanges the way we run prediction markets'.

Hayden then built it and DEXs became core infra of DeFi where price discovery happens, LPs farm, and ppl can trade without KYC.

What if the new idea by Vitalik becomes a new Uniswap? Or in this case Aave?

He proposes DeFi without liquidations, built on options instead of debt.

How it works in practice:

Today on Aave you deposit 1 ETH at $1.5k and borrow $1k USDC.

If ETH dumps too much (likely lol), a bot sells your ETH with a penalty.

The whole system depends on real-time oracles being correct every second. Late liquidations incur bad debt.

In Vitalik's design your 1 ETH splits into two tokens: a 'stable dollars' token and an 'ETH upside' token.

- Borrowing: sell the stable token for cash, keep the upside token.

If ETH dumps you just lose the upside. No liquidation bot and no penalty

- Stablecoin: hold the stable token.

Worst case it slowly turns back into ETH rather than depegging overnight

- Leverage: buy the upside token. Max loss is what you paid and you can't get liquidated

It works like buying a call option: you pay once upfront, that payment is the most you can ever lose, and a temporary price wick can't liquidate you since only the price at expiry counts.

The two tokens always add up to 1 ETH, so the protocol can't end up with bad debt.

And the price oracle is only checked once at expiry so slow prediction-market style oracles are enough, no real time price feeds.

Since positions expire you have to roll them. But this creates new DeFi products like Pendle-ish vaults that automate the rolling for a fee.

This design removes cascading liquidations from DeFi lending.

Gotta keep an eye on it.

[BlockThrone @block_throne]

This is hilarious 🤣

[SamAlτcoin.eth ☀️ @SAMALTCOIN_ETH]

Saylor sold 32 $BTC, then said $ETH confidence collapsed.

Unfortunately, Tom Lee was in the room.

[BlockThrone @block_throne]

@elliotrades Don't listen to him!

@CryptoHayes is just a dying grifter trying to stay relevant and desperate for attention.

[BlockThrone @block_throne]

@coinbureau Who in their right mind launches a crypto treasury company in the middle of a bear market 🐻

[BlockThrone @block_throne]

SpaceX will start trading at $135 USD today on the Nasdaq exchange between 11:30 am and 1:30 pm ET (15:30 and 17:30 UTC, 17:30 and 19:30 CEST).

It's expected to instapump to $175 USD, then get a small correction, followed by slower pump to $190 USD.

[BlockThrone @block_throne]

This will be interesting to watch from the sidelines 😁

[CryptoTelugu @CryptoTeluguO]

🚀Today $SPCX stock listing

💵IPO price - $135

👀It is trading at $174 on Pre-IPO Perpetual Contracts on Binance Futures

🏆SpaceX sitting at #10 in world assets at IPO price

🤔Wt do u think about this IPO?
🤔Will it list above or below IPO price?

💙Like
🔁RT

[Morpho 🦋 @Morpho]

Morpho Association has raised $175M to build the open credit network for the world.

Co-led by @paradigm, @a16zcrypto, @RibbitCapital with strategic participation from @apolloglobal, @vaneck_us, @circle_ventures, and @Ledger @Cathayinnov.

The round also included participation from @variantfund, @wmt_ventures, @preludexyz, @IOSGVC, @HashKey_Capital, @sbigroup, @Bpifrance, @mirana, @bamazizimesh, NJJ Capital and 10+ other strategic partners.

The funding will help accelerate Morpho's position as the foundation for onchain credit.

[Amir Ormu @AmirOrmu]

$H just dumped -90%❗️

there's no HACK!

The Team/Market Maker just RAPED the chart after criming it UP until now.

all major dumpers were funded within the last 3 days from CEXs at the same time!!!

they still have MILLIONS of tokens and are dumping more tokens as we speak...

STOP THESE CRIMINALS!

• wallets used for receiving funds from CEXs:
0xb13d0532bF30D465447bfA5244492fF826F9A3CD
0x0fD9C51999aE46A0e1b21A235E0a529BbCC4612a
0xc5466395cB910ce1e3f44a23706e0B6f4097F4ff

which then send funds to the wallets below ↓

• wallets used to dump tokens:
0x9e995952eF7665B243eeEF0693acD7FEd7150504 (sold 8 figs❗️ and still selling)
0x94cab76177551C2549EfD09e5C3B45D159431cC5 (still holds millions of tokens)

[Dami (the L0 guy) @rookie_of_Ph]

Nobody talks about the most embarrassing fact in crypto governance

LayerZero's ($ZRO) fee switch has been voted YES three consecutive times

It still hasn't turned on

Not because the community said no

Because not enough people showed up

$270B volume. $0 protocol revenue.

Quorum is the only thing standing between here and a perpetual burn machine.

The fourth vote is on June 20th 2026.

[LayerZero @LayerZero_Core]

ZRO Updates

More ZRO has been bought back and locked up than sold into the market. Institutions and buybacks have taken 19.77% of supply in 18 months, while 63.8% of ZRO unlocked to investors still hasn't moved. $112.7M has gone into ZRO buybacks since September 2025, one of the largest programs in crypto.

ZRO is the only asset in the LayerZero ecosystem. All economic value from Zero, LayerZero, and Stargate flows back to it.

Every token expresses a view. ZRO's first was that there'd be many chains, no single winner, and value would accrue to whatever connected them. Now LayerZero has moved $267B across 165 chains.

The next view is bigger. Money and markets are the two largest waves finance will ever see, and both are already onchain. Zero was built for this moment. Coming this fall.

[smac @0xsmac]

NEW POST (Let The Bubble Wash Over You)

some thoughts on market structure and what the new financial regime looks like including:

> convective weather systems
> the reality of rolling bubbles
> how did we end up here
> what does it mean for the future

link to full piece below

[BlockThrone @block_throne]

@TheBrownGentYT 😂

[BlockThrone @block_throne]

@Itsallgood1997 @tradetravelchil LoL, I must be really slow then, since I’ve been doing this for over 8 years and still know F-all right 😂

[LayerZero @LayerZero_Core]

An update on our continued security hardening across the ecosystem:

https://t.co/cAzx3CCrFq

[BlockThrone @block_throne]

This bear market has been brutal with hacks and now critical vulnerabilities 🥴

[Coin Bureau @coinbureau]

🚨UPDATE: Zcash founder confirms a critical Orchard bug capable of minting unlimited counterfeit zcash:native remained active from May 2022, until it was patched June 1 using Claude Opus 4.8.

[BlockThrone @block_throne]

Another victim of the bear market 🐻

[Radiant Capital @RDNTCapital]

https://t.co/0XDgQWgVXO

[Airdrop Hunt with Lakhan 🪂 @CryptoLakhan]

🚨 Grass Season 2 Airdrop Distribution Official Update 😱

Grass has now officially confirmed that all major updates related to Season 2 will be shared on July 7, including the long-awaited distribution update. 👀🔥

During the public Token Holder & Network Participant Call, the team will discuss:

✅ Grass network progress
✅ Development roadmap
✅ Business milestones
✅ Growth highlights
✅ Future ecosystem plans
✅ Season 2 distribution-related updates

The call will be open to everyone, and users can also submit questions before the session.

📌 Exact timing and registration details will be announced soon.

After nearly 2 years of waiting, the community is finally expecting clarity regarding the Grass Season 2 airdrop distribution. July 7 could be a huge day for all Grass users. 🚀

[David Hoffman @TrustlessState]

https://t.co/5EOn4y2pdx

[BlockThrone @block_throne]

@base @coinbase Sybil problem is about to get soooooooo much worse 🥴