We're joining @incubator Cohort 4!
DePIN networks on Solana generated $72m+ in token emissions last year, but the financial rails to scale that infrastructure don't exist 🧵👇
Spout Finance Beta is officially live on @solana Testnet.
You can now buy tokenized US equities, borrow against them at 0% APR without selling, and put your stablecoins to work and earn yield.
“if you hold a meme coin, you just get stock tokens airdropped to you”
@vladtenev said this on a podcast that dropped 3 hours ago.
he was describing what builders are already doing on robinhood chain:
• creating unique pools robinhood “didn’t even think would exist”
• connecting meme coins, core crypto assets and stock tokens
• turning tokenized stocks into a new reward layer
• building products robinhood “probably wouldn’t have thought of” themselves
that’s the part people are missing imo.
@RobinhoodCrypto isn’t just about putting stocks onchain. it’s becoming a developer playground where memes, crypto and tokenized equities can get composed into completely new products.
which coins do you know that actually fit this description?
INSIGHT: $BTC has erased three months of underperformance against the S&P 500 in just 72 hours, with excess gains during outperformance periods historically significant, per Glassnode.
As a founder, If you're not willing to take some short-term embarrassment for long-term success you're not gonna make it.
No one remembers AWS's early outages
No one remembers SpaceX's failed launches
No one remembers Uber being kicked out of xyz city
No one remembers the failures
It’s hard for people to understand how badly a founder and team can want to win.
So much has been stacking up quietly for what’s to come.
This one feels especially good because it’s one of the wins we actually get to show.
From backing Solomon early to now putting USDv on their own balance sheet.
But this really is just the start.
Extremely fucking bullish on what comes next.