VΞryibLΞ

#Crypto #DeFi will ∆ the world | No Planet = No Crypto | Dreaming of Electric Sheep | Retweeting is the highest form of flattery

[The DeFi Investor 🔎 @TheDeFinvestor]

AAVE has become the second largest app by TVL on Ethereum L1.

For the first time in a very long time, a DeFi app has overtaken Circle in TVL.

[VΞryibLΞ @crypto_very]

@StaniKulechov Long term games 🎯

[Jim @jimchang]

which seat are you taking?

[s @sershokunin]

so outside of ethena where do ppl stable farm these days?

[VΞryibLΞ @crypto_very]

@mavprotocol Metamask has this is a fraudulent transaction when I look to approve - what's the story here?

[Michael Dell 🇺🇸 @MichaelDell]

Dell now accepts #bitcoin. More information about today's announcement http://t.co/u1t5Snsm8R #Dellbitcoin

[rektdiomedes @rektdiomedes]

🤡 "I'm e-begging..."

👥 "I'm airdrop-farming..."

👑 "I'm stress-testing the frontiers of the burgeoning global hive-mind's permissionless decentralized economic layer amidst the collapse of the 400 year old Westphalian nation-state paradigm..."

[VΞryibLΞ @crypto_very]

https://t.co/MH44kcPwqr

[VΞryibLΞ @crypto_very]

Verifying my Twitter account for my #GalxeID gid:jQgDbPh3H58ZXKtjh766kh @Galxe

https://t.co/Z8O27hgY3k

[ZK Nation @TheZKNation]

Thank you for all the feedback and discussions over the past few days.

In 2024, airdrops are extremely challenging. Sophisticated industrial farms operate millions of bots indistinguishable from real people in behavioral patterns. This renders traditional activity-based airdrops completely useless for building resilient and sustainable communities.

Our airdrop design is unconventional and has its imperfections. But we are proud of the path we’ve chosen and believe we made reasonable tradeoffs. We are rewarding hundreds of thousands of people, creating life-changing opportunities for many of them.

We also recognize that many people are upset, having received less than they expected. We don’t take this lightly. We spent several days and nights looking into reports and double-checking data, to understand the full picture and eliminate any possible mistakes.

We did not identify major issues, but we also recognize that our communication about the nuances of the airdrop design was not clear enough. To address this, we’ve crafted an initial set of FAQs to address your most burning questions.

https://t.co/WmwBPtwGkT

We are preparing a more systematic way for the community to collect and prioritize feedback, and will do our best to answer the remaining questions in full transparency.

This is just the start of an exciting new phase. Dozens of ecosystem projects have committed to distributing their token allocations to the community (see 🧵 below), and nearly 50% of the total token supply is still reserved for the community overall.

Claiming starts June 17th. Stay tuned for more updates.

[Sophon @Sophon]

SOPHON FARMING IS NEAR ((((+))))

((See you(((+)))on the farms))

We're family now right?

(+)

SHARE SHARE SHARE SHARE
LIKE LIKE LIKE LIKE

((((+))))

[i’m not stable @unstable_dude]

Imagine selling your internet tokens over something called FOMC invented entirely by boomers

[mert @mert]

ok I finally understood what toly means by:

"economic security is a meme"

at first I was super against this concept, but after talking it out over like 200 tweets, I understand the point — and actually it's quite valid

when people think economic security, the typical example is:

"someone buys 33% worth of stake and then does some malicious thing"

usually this means a liveness failure (a halt)

so the higher the marketcap of the network, the harder that attack is

if network market cap is 100B, then the cost an attacker pays is 33B — but if it's 10T, then it's 3.3T

ok so @toly's argument is that this is the highest possible cost for an attacker — and actually there are many cheaper ways of doing this

i.e., they can just bribe low-paid employees at large staking facilities or buy some of the validators outright to get to 33% or close to it

in this sense, he is correct, because economic security (marketcap) gives you a very false sense of security in isolation and using it purely in that fashion is a meme

what matters much more is the stake distribution across as many unrelated machines as possible

hopefully that makes sense — have been fasting for 2+ days with nothing but aeropress and nicotine

remilio

[Marc Zeller @Marczeller]

Ethena is joining the Aave Fam.

This onboarding makes it the most efficient protocol for USDe

This synergy also unlocks the unprecedented opportunity to deposit weETH -> Borrow GHO -> Swap to USDe & deposit it on Aave to benefit from 3 incentive programs at once

Enjoy.

[Vlad Tenev @vladtenev]

We believe crypto will fundamentally reorganize the financial system, and we’re acquiring @Bitstamp to accelerate our vision. Soon we’ll combine forces with Bitstamp’s global footprint, core spot exchange and industry-leading products like crypto-as-a-service, institutional lending, and staking 🔥

[a16z crypto @a16zcrypto]

CSX London has officially kicked off! 🇬🇧

Our Crypto Startup Accelerator (CSX) Spring 2024 program has kicked off, with founders of 25 promising early-stage startups gathered in London.

Over 10 weeks, they’ll learn from each other and receive guidance and resources from our team, speeding up their path to product-market fit and setting them up for long-term growth and success.

The CSX Spring 2024 participants beat out a very competitive field to get here. We received applications from across the world, and the cohort includes founders from eight different countries: Israel, Japan, Poland, Romania, Switzerland, United Arab Emirates, the United Kingdom, and the United States.

The founders of these 25 companies have an ambitious vision paired with the drive and talent to advance core sectors of the crypto ecosystem, including infrastructure, consumer apps, DeFi, payments, games, dev tools, and DePIN.

Here's a photo of @jasonrosenthal welcoming the teams from all around the world.

CSX Spring 2024 participants:

@Amino_Chain: a decentralized bio-sample marketplace

@CollarProtocol: building the investment bank of the future

@labs_compass: building a new standard interface for DeFi

@0xHungryCats: verification of safe and trustworthy AI workflows

@launchcaster: a crypto product hunt and platform for building smart contract mini apps

@magicblock: framework for on-chain gaming on Solana and SVM

@nebrazkp: an R&D organization that scales and composes proof verification on blockchains

@neynarxyz: developer infrastructure for Farcaster

@nodekitorg: building a shared sequencer to help decentralize rollups and improve interoperability

@NoshDelivery: a decentralized food delivery protocol

@OpenLayerHQ: scaling web3 through optimistic verifiable computation

@opentrade_io: provides institutional lending and yield products for the new digital economy

@PlaymintUK: creating an autonomous world that lets builders create onchain game experiences

@roux__xyz: a culinary platform for the digital era

@Sablier: provides infrastructure for token distribution in web3

@scryptedinc: building at the intersection of AI, gaming, and decentralization

@Spire_Labs: a zk Appchain network with atomic composability

@Strobe_Labs: a DeFi scaling network that enables new permissionless and transparent markets

@taralli_labs: a protocol that enables an efficient and decentralized zero-knowledge proof supply chain Tata Bazaar: a social commerce platform connecting the physical and digital worlds of fashion and beauty

@titlesxyz: builds creative tools powered by artist-trained AI models

@TranchedSocial: automates private securitisation transactions using blockchain technology

@paytweed: wallet and payment solution to onboard consumers in blockchain-based applications

@ValyuNetwork: provides trusted data to AI models and applications

@zkPassport: authentication for government-issued passports with selective reveal of information

Follow @jasonrosenthal, @jay_drainjr, @liz_harkavy, @EmiliejayG, @erikalee, @meigga, & @NoahCitron for more updates throughout the program!

🫡

[VΞryibLΞ @crypto_very]

@alysiatech @EspressoSys 👋

[Minty @DeFiMinty]

20 small crypto writers to follow for real alpha

@defi_octopus- Analyzes smart money movements
@definapkin- Research reports and deep dives
@explain_briefly- Explains technical concepts in a simple manner
@0xChemistt- Runes researcher
@foxixyz- Unique DeFi insights
@Beacon_Early- Resource for new projects
@0xResearch- Protocol deep dives
@Jackisnotinabox- Recaps, analysis, and more
@zerototom- Trading strategies
@CompleteDegen- Solid yield ideas
@0xSector- Analytics based education
@YashasEdu- Technical overviews on new narratives and projects
@AzFlin- New project ideas
@zezima233- Degen ideas
@AmirOrmu- On chain insights
@0xBlurz- Shares interesting yield opportunities
@marketwizard- Trade ideas. Good to learn from
@Prithvir12- Data driven narratives

[VΞryibLΞ @crypto_very]

@StaniKulechov @chainyoda Non market based valuations of crypto warrants those would be an interesting art form

[Michaël van de Poppe @CryptoMichNL]

There's still a lot of money to be made, but it's selective.

A full-blown altseason isn't going to happen.

A narrative-based #Altcoin run will definitely happen, and those returns can be 5-10x.

Multiple times in a cycle.