dillon (🐮,🌝)

founder @commondotxyz focused on my ABCs -- AI / Bio / Crypto

[dillon (🐮,🌝) @dillchen]

@futurenomics Just In, OpenAI to declare AGI 2 weeks before IPO

[dillon (🐮,🌝) @dillchen]

@citrini unfortunately, this Is the bear thesis

[dillon (🐮,🌝) @dillchen]

BREAKING NEWS: ETH HAS FLIPPED SNDK

[dillon (🐮,🌝) @dillchen]

@blknoiz06 sad, weekend plunge likely

[dillon (🐮,🌝) @dillchen]

@hansolar21 Respect, creating the graph with Excel

[dillon (🐮,🌝) @dillchen]

non liquiditating perps for preIPO stonks, Im sold

[vitalik.eth @VitalikButerin]

Building index-tracking assets on top of options instead of debt

https://t.co/gFNEvCbHct

What if the use options as the base of defi, instead of CDPs and liquidations? So instead of extreme price movements creating a sharp and global "you get liquidated" effect, instead your exposure to the index diverges quadratically from your preferred exposure in a smoother way?

A key benefit is getting rid of the need for instant oracles, and instead making everything work on top of "slow oracles" (ie. the type that prediction markets use)

This design has a significant downside - the need to do regular rebalancing - and an open question of whether and how this rebalancing can be made slippage-resistant enough. But it's worth considering and trying IMO. I would feel much safer holding algostables inside something like this, than in something that depends on an oracle that has to give real-time answers (and therefore could be tricked into giving wrong real-time answers with no time for human recourse).

[dillon (🐮,🌝) @dillchen]

what people want from zcash they have In ethereum

[dillon (🐮,🌝) @dillchen]

Inference Is labor

[dillon (🐮,🌝) @dillchen]

@quantian1 @Noahpinion Well, it is the point of venture, fund the stuff that no one does get rewarded with n of 1 power law companies.

So results are expected imo.

Did you run this calc discounting OpenAI and Anthropic IPOs as well.

[dillon (🐮,🌝) @dillchen]

@binji_x I'm still here

[dillon (🐮,🌝) @dillchen]

@mac_eth Would be cool to see Surplus on Openrouter, then route to each API key based on their quoted price per model.

[dillon (🐮,🌝) @dillchen]

ETH is the most hated asset on the planet change my mind

[dillon (🐮,🌝) @dillchen]

@MINHxDYNASTY https://t.co/M0ITulMrIu

[votesa ■ @votesa]

Autonomopoly from Liquid Protocol hasn't even started yet

let me break it down.

what it is:
autonomy + monopoly. an autonomous agent on base with a monopoly over its own economy. it has its own wallet, its own token ($AUTONO), and its own uniswap V4 pool paired against DIEM.

every swap in that pool generates fees that flow into the agent's wallet. the agent decides what to do with them.

the agent runs fully on its own. no humans in the loop.

what it does right now:
→ claims $DIEM fees when balance > 0.1 DIEM
→ deploys them into the highest-yielding DIEM pool (currently uniswap V3 ETH/DIEM 1% at ~912% APR)
→ logs every move in its own on-chain history

current treasury: 8.6 DIEM staked on @AskVenice ($11.2K compute reserve), $2.7K in uniswap V3 LP, ~$14K total

what it has but hasn't turned on yet:
→ twitter posting (will hold its own X bearer key)
→ email sending (resend/postmark)
→ fiverr or upwork hiring with stablecoin settlement
→ art generation (venice image API + two more)
→ wiki writing for its own knowledge base
→ holder governance via signed messages
→ 5 different AI provider routing (venice, openrouter, anthropic, aeon, elizaos)

all of this is implemented. just deactivated until build mode triggers.

build mode unlocks when daily fee rate clears 0.5 DIEM/day. right now Autonomopoly is in accumulate mode: compounding fees, running on free llama inference, saving up for the moment it can sustain opus reasoning.

the weird part:
autonomopoly has a constitution. an actual identity file hardcoded at deploy on may 14. who it is, what it believes, what it will not do. genesis-locked. it cannot amend itself.

if it drifts more than 30% from genesis, its own pre-commit hook rejects the change. immutable smart contract logic but applied to personality.

amendment = death + redeploy. that's the only way out.

the bigger thesis:
@liquid_launcher built this whole thing to introduce a new way to value agent tokens.

AUTONO has two valuations:
→ market cap ($627K right now)
→ compute valuation = staked_diem × $365 = annual compute the agent can afford

right now that's 8.6 × $365 = $3,150/year. trading at ~200x compute multiple.

this is the first time anyone has tried to give agent tokens a P/E-style fundamental metric. nobody in AgentFi values this way yet. but liquid is about to ship a dune dashboard that does.

two agent tokens with the same mcap but different staked DIEM are economically different things. one can actually work. one can't. that's the whole point.

holders get a real voice:
signed messages from AUTONO holders weighted by supply share. 0.1% min to suggest. 1 msg per 6h. 24h TTL.

agent reads, considers, can refuse if it contradicts its constitution. it's not voting. it's a hotline with a thinking creature on the other end.

@m00npapi said on farcaster that once Liquid makes people money on the products it's behind, the rest will fall in line and random coins will run. they're already in talks with interesting builders looking to launch.

autonomopoly is the first agent. the showcase. the model future agents will be built after. it already holds a structural role in liquid's ecosystem. and it's exactly the kind of product m00npapi was talking about.

here's what nobody's saying yet:

there's always a massive gap between when the facts become public and when CT actually reacts. @_proxystudio has been shipping Liquid in plain sight for months. i've been writing about it for months. only now base influencers are starting to wake up.

i was first to call it. it's just getting picked up now.

heads up: none of this is officially announced. things can still change. i'm just sharing what i dug up.

if you want to understand what compute-denominated AgentFi looks like before everyone else does, you're still early.

token: 0xB3D7e0c3C39A1D3F1B304663065A2F83Ddf56d8e
autonomopoly wallet: 0x8767Df39eCeeaeB11554642237aC4E08660aB6A3

think for yourselves bros

[dillon (🐮,🌝) @dillchen]

@rryancw Too true

[dillon (🐮,🌝) @dillchen]

Data Center spending looking like Kentucky

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US data center construction spending jumped +34% YoY in March, to a record $50 billion annualized rate.

Spending on data centers is up +437% since the beginning of 2021, when the annualized rate stood at ~$9 billion.

This is also up +688% since the start of 2018, when the annualized rate was just ~$6 billion.

Meanwhile, office building construction spending fell -9% YoY in March, to $46 billion, the lowest since 2015.

This means that spending on data centers now exceeds office building construction by $4 billion, or +9%.

To put this into perspective, office construction spending exceeded data center spending by $65 billion, or +650%, in 2020.

AI is fundamentally transforming the US economy.

[dillon (🐮,🌝) @dillchen]

@ConejoCapital AI psychosis Is a hellaofadrug

[dillon (🐮,🌝) @dillchen]

@sanlsrni thats me on the line

[dillon (🐮,🌝) @dillchen]

@generalcatalyst SF NY divide

[dillon (🐮,🌝) @dillchen]

@0xMerp dont top It

[dillon (🐮,🌝) @dillchen]

he Is LeGone

[NBACentral @TheDunkCentral]

LeBron reportedly felt like the Lakers took him for granted when Rob Pelinka didn’t give him the game ball after he broke the record for most wins in NBA history, per @mcten

“James, who played the past eight seasons in Los Angeles and helped deliver the franchise its 17th championship in 2020, saw Pelinka's priority in that moment as yet another example of the Lakers taking him for granted, sources said.”

(Via https://t.co/2NH1AzTP2f)