Asked @mdudas of 6th Man Ventures to rate each major L1 in this market. His take:
๐ด ETH: no coherent story, zero exposure at 6th Man
๐ Hyperliquid: closer to Tether than a competing L1
๐ Solana: performance peaked with memecoins and needs a new driver
Plus he gives a ๐ฏ framework for what makes a token worth holding. ๐ง
Timestamps:
๐ธ 01:23 Why Mike thinks Strategy broke its 'never sell' promise, and the market premium is gone
๐ท 05:06 Why ETH can't settle on a single story, and why Dudas has zero exposure
๐ 10:39 How Hyperliquid is the Tether of DeFi, not a competing L1
๐ฃ 13:56 Fidelity: Explore crypto careers and make the decision that could change your future at https://t.co/8dua6AZQXA
โ๏ธ 15:19 How ETH, SOL, and Hyperliquid actually compete, and where they don't
๐ 20:13 Why programmatic buybacks beat discretionary ones, with https://t.co/K2pCykwYRp as proof
๐ค 26:17 Why agentic trading has a future, but agentic payments have Visa and Mastercard
Somewhere, langston Galloway, lance Thomas, and Pablo prigioni turn on the TV.
They smile, nod, and take a deep breath. Like the rest of us.
The Knicks are headed to the finals. And no one will ever know whatโs been like unless u were here when times were darkest.
#LetsGoKnicks
$LINK is the exclusive asset for direct exposure to the success of @Chainlink
Unlike other projects that have sold both tokens and equity to investors (creating conflicting economic interests), Chainlink is not driving value to any equity and there is no IPOโthere is only $LINK
Any claim or perception that the goal is to maximize the value of Chainlink Labs at the expense of, or in isolation of, LINK holders (e.g, Ripple stock vs XRP) is dead wrong
There's no better proof in this than how Chainlink Labs employee compensation works
Employees do not receive equity, they receive base comp in local currency and a long-term incentives program tied to $LINK
Interests are fully aligned via direct skin in the game
Think about it, any detrimental action toward LINK holders would directly impact the CLL employees building the protocol as well, makes no sense
Some of the largest $LINK whales I personally know work for CLL, there is an shared interest in seeing the token do well
Fundamentally, we are all in this together
PARTNERSHIP: We played with synthetic stablecoins, and it didn't turn out so well.
Let's face it. Commodities-based stablecoins are the real deal.
Meet @Raacfi, a decentralized lending and borrowing ecosystem that aims to bring stable tokenized RWAs interests to DeFi users.
RAAC focuses on creating a frictionless experience forRWA tokenization, dismantling the barriers posed by stringent requirements that limit participation and liquidity. This is attained by bringing RWA-backed liquidity to DeFi in a unique way through Precious Metals, Real Estate, and other stable assets.
Why is RAAC a yuuuge deal?
Because tokenized commodities, especially gold, have a growing appeal as a safe option amid turbulence in the wider decentralized finance (DeFi) sector. This makes RAAC perfect for commodity investors, giving them access to on-chain markets with built-in distribution, liquidity, and yield-bearing products.
Their first launch will be a gold-backed stablecoin called $pmUSD.
Know more on https://t.co/A0FpSrSU6C and tune in to their live show at 1:30 pm EST.
Disclaimer: This content was produced in collaboration with the client and is intended for informational purposes only. It does not constitute financial or investment advice. Always conduct your own research before making any financial decisions, especially in highly volatile markets like crypto.
REMINDER: The allocation period for Chainlink Rewards Season 1 ends in 24 hours, on December 9 at 9AM ET.
Don't miss out on your tokensโlearn how to allocate Cubes โ
https://t.co/SXSufjGrJo
๐จ Calling All Eligible LINK Stakers ๐จ
The allocation period for Chainlink Rewards Season 1 ends Tuesday, December 9, at 9AM ET.
All Cubes expire after the deadlineโdon't miss out on your tokens, allocate now.
https://t.co/xPVyifFKET