Payment rails were Bitcoin's first chapter. Programmable value is the next.
Our co-founder @chadmasterxbt is on the @proofoftalk panel tomorrow talking about what it takes to rebuild Bitcoin's financial stack.
June 2, 11:35 CET. Louvre Palace.
@BumBamBigal appreciate that.
what's been quiet on the surface has been busy underneath. The next thing isn't another chart. Operatives will see it first.
$MOTO/PILL - double top or breakout?
+900% off the bottom. Testing the 1573 level a second time.
Last reject came with -3.8B sell delta in one block.
This run-up: +1.6B → +9.8B → +5.4B buy delta.
Buyers are stronger this time. The level decides the rest.
@bekasider@mototerm Yes, Unfortunatly, this is the reality of launching in a bear market aswell as some other factors.
The way some other Bitcoin protocols are moving also adds insult to injury.
Friday - @mototerm posted the sell delta signal coming in on the SLOHM / MOTO chart - Red vol Bubbles along with clear sell delta statistics.
Today (545blocks later) down near -50%
Brutal 🫣
See it first on MOTOTERM.
$SLOHM/MOTO follow-up.
We posted the routes in yesterday - before bonds launched. Here's what the chart looks like now.
+49% in 19 blocks. $295k TVL. Liquidity is real.
Small sell delta coming in - See it on MOTOTERM first.
$sBTC from @slohmfi: Bitcoin-backed liquidity layer coming to @opnetbtc.
If it works, every swap route on MotoSwap gets deeper. The route tool on MOTOTERM already maps how capital flows between tokens in real time.
When sBTC goes live, those paths get a lot more interesting.
1/4
$SLOHM / MOTO pool went live on MotoSwap recently - and here are some of the routes to get there, mapped on MOTOTERM.
BTC → MOTO → SLOHM (direct)
BTC → BLUE → MOTO → SLOHM
BTC → PILL → MOTO → SLOHM
...and more.
The threshold drops to 7,500 when 10 Operatives arrive. Currently 5.
No rush. No countdown timers. The market does the filtering.
If you're early, that's the point. 🕊️
Most "Bitcoin DeFi" is Ethereum DeFi pretending to live somewhere else.
Wrapped BTC tokens. Bridge contracts. Custodial liquidity.
OPNet runs on Bitcoin L1. Native consensus. UTXO settlement. That's the bar.
OP_NET doesn't add anything to Bitcoin.
It reads from and writes to the same chain, using the same consensus, settled by the same miners.
The smart contracts are new. The trust model isn't.
I had visualised this in April...i wanted to have something like bubble-maps but with trade routes to see Arbitrage differences.
Every OP20 token + pool is available to map.
Currently visualising something better 😁 Stay tuned!
🚨 New feature drop - Route sim page
-Add BTC or any OP20 token = BTC
-Add a pool = BTC → MOTO
-Simulate swaps and see slippage, impact & received value
-Build a complete network of paths = MultiHop
-Quotes updated live
-Watch Live trade feed direct from Route sim page.
41% of all TVL on Motoswap is locked in MOTO staking.
Staking that earns you 0.2% of every swap across the entire DEX.
One month old. ~$12M locked. And still growing 🐈⬛🛵
ARB window opening right now on @Motoswap.
NativeSwap quoted price vs OP20 paired pool:
$MOTO spread of 36% - open for 156 blocks.
Last comparable window stayed open for a while.
Route sim page shows different paths to the same venue... Does what it says on the tin 🧩
Build multiple routes:
BTC → MOTO
BTC → PILL → MOTO
BTC → BLUE → MOTO
BTC → BLUE → PILL → MOTO
Still dialling it in fully... Should have these automated in the future. #OPnet
Multi-hop transaction decoder is now live in the terminal.
Reconstructs routes like MOTO → UNGA → PILL → MOTO
Built because standard feeds were showing us some unrelated swaps when we knew something was happening underneath.
More to come... 👀