ᚦ ex ᛏ Storm

Crypto enthusiast & sci-fi dreamer | Diving deep into DeFi, NFTs, and blockchain trends | Warhammer 40k & @EstforKingdom fan

[LI.FI @lifiprotocol]

Introducing LI.​FI Intents.

Infrastructure for apps, wallets, and neobanks to:
• Enable stablecoin payments
• Access real-world assets
• Tap into compliant onchain liquidity

Built for enterprises bringing financial products onchain.

[vittorio @IterIntellectus]

this is actually insane

> be tech guy in australia
> adopt cancer riddled rescue dog, months to live
> not_going_to_give_you_up.mp4
> pay $3,000 to sequence her tumor DNA
> feed it to ChatGPT and AlphaFold
> zero background in biology
> identify mutated proteins, match them to drug targets
> design a custom mRNA cancer vaccine from scratch
> genomics professor is “gobsmacked” that some puppy lover did this on his own
> need ethics approval to administer it
> red tape takes longer than designing the vaccine
> 3 months, finally approved
> drive 10 hours to get rosie her first injection
> tumor halves
> coat gets glossy again
> dog is alive and happy
> professor: “if we can do this for a dog, why aren’t we rolling this out to humans?”

one man with a chatbot, and $3,000 just outperformed the entire pharmaceutical discovery pipeline.

we are going to cure so many diseases.
I dont think people realize how good things are going to get

[frissonmnia.base.eth @Vadim_Freesson]

@RaminNasibov our first ai assistants

[EstforKingdom @EstforKingdom]

Account Abstraction is now live in Estfor ⚙️

We've introduced AA + Paymasters to make the game feel much closer to a traditional Web2 experience while still running fully on Web3 under the hood.

Here’s what players should know 🧵

[ᚦ ex ᛏ Storm @ex_St0rm]

@EstforKingdom Melee 🧐

[ᚦ ex ᛏ Storm @ex_St0rm]

@EstforKingdom Combat skills, but if there's enough food, that's sometimes problematic.

[Paintoshi @paintoshi]

@sahill_og Someone needs to be the layer between a customer and the product. Not everyone is tech savvy, has an interest or even goes near an AI. That's where a developer comes in, to launch their AI-suite and solve the issue. Can build faster, more and better for the same cost.

[EstforKingdom @EstforKingdom]

Citizens of Estfor Kingdom, The Black Market Trader has arrived. From now until Sunday, he can be found dealing in rare and exclusive goods in exchange for Event Coins.

- Appears Thurs-Sun, on a 3-week cycle
- Stock is determined daily via VRF

[yearn @yearnfi]

.@CurveFinance needed a savings vault for crvUSD. They chose @yearnfi instead of building it from scratch.

Here's how Yearn is securing $36M scrvUSD...

[ᚦ ex ᛏ Storm @ex_St0rm]

@agintender Looks pretty good 🤠

[Sergey Nazarov @SergeyNazarov]

Cycles are a normal part of the crypto industry, what is important is what those cycles reveal about how far the industry has progressed and what next stage/trends of adoption/value creation will go on to define the industry.

So far this cycle reveals two key things for me:

Firstly, there have been no large risk management failures leading to large institutional failures or widespread systemic risks. In the previous cycle you had FTX and multiple lenders cleaned out through large price drops, this time around I am pleasantly surprised to see none of that or at least none of it at any system wide scale. If the crypto industry and its systems are able to successfully weather large drawdowns in price and liquidity issues then it is a more reliable place to put both retail/client capital and institutional capital. This time has been much better managed than last time.

Secondly, real world asset migration on-chain continues to accelerate regardless of Bitcoin/Cryptocurrency prices, signaling that having real world assets on-chain is not tightly coupled to crpytocurrency prices but provides its own unique value that can grow irrespective of market pricing of Bitcoin or other crypto assets. We have seen RWA issuance continue to grow and we've seen leading on-chain perp markets rival tradfi perp markets for very traditional commodities like silver, especially in periods when trading in permissioned traditional markets became harder or more risky vs trading in on-chain permissionless markets. As more and more RWA data goes on-chain to make perps work correctly for more asset types and as more on-chain value is generated as RWAs themselves, I expect these dynamics to only increase regardless of crypto prices.

These are both very positive signals for the assumptions I have been making about three key trends I am expecting to work together to reshape our industry in the next stage of its growth into mainstream adoption.

Firstly, on-chain perps about real world assets and tokenization of the assets on-chain has unique and durable long-term value which is growing regardless of any other dynamics. It is the value of 24/7/365 markets, on-chain collateral management and on-chain data.

Secondly, institutional adoption of our industry will be driven by the fundamental/technology value it provides, accelerated by access to permissionless/always on markets in DeFi, which will grow massively as a result.

Thirdly, the infrastructure that will make RWAs possible will be experiencing much more demand as more of the real world finds itself on-chain. As more RWAs have to go on-chain as perps via on-chan data or tokenization itself and as those RWAs are increasingly complex in how they need to work on-chain, more systems will need to interface with chains to enable those RWAs.

The first two trends are inevitable market forces that are now accelerating regardless of cryptocurrency prices, that is the real insight I see from this part of the cycle. The third trend is where Chainlink is providing the key global standards/protocols/infrastructure that is needed for providing the data, connectivity and orchestration that accelerates the first two trends.

Data is what allows most RWAs to exist on-chain at all. Market data for on-chain perps e.g. on-chain silver markets, Proof of Reserves for Stablecoins, NAV for Tokenized Funds to operate on-chain and many other examples touching every category of RWAs. Chainlink is the largest provider of data to the leading blockchains by far and is successfully servicing the vast majority of DeFi for all their data needs with 70%+ market share. Our new launches with leading institutional data providers like S&P, ICE and many others put Chainlink in a similar position in the growing institutional RWA world.

Connectivity to both other chains and existing backend/accounting/risk management systems is key for liquidity. The ability to connect to the other chains as a system of record/source of liquidity and to the existing centralized systems of record/sources of liquidity are key for scaling RWA adoption globally. Chainlink is the leading provider of these capabilities to institutions and has been chosen by the leading security teams in Web3 to be their official bridging provider due to a superior reliability/security track record. Chainlink is also the only system that successfully pulls TradFi payments into on-chain transactions across multiple chains, integrating existing sources of liquidity and new sources of liquidity into one interoperability layer.

Orchestration is the process of coordinating multiple systems into one workflow/transaction that defines the core value an application is providing to its users. Coordinating between multiple chains, multiple off-chain systems, multiple market data sources and now multiple AIs is a key function that some system needs to play for the more advanced RWAs to function properly. The Chainlink Runtime Environment seems to be the only environment in which you can currently run a workflow that can coordinate all of these key systems into a single application, already in use by enterprises and with advanced integrations into many key systems. Orchestration has an additional critical component of creating privacy, which there are now new and exciting solutions for being built on CRE. More to come on truly useful privacy as a key feature of CRE's orchestration.

If these trends continue I believe what I have been saying for years will happen; on-chain RWAs will surpass cryptocurrency in the total value in our industry and what our industry is about will fundamentally change. This shift will also lead to cryptocurrency's growth as an asset class that benefits from more capital on-chain, but RWAs is how all of this goes mainstream.

I have never been more excited about our industry's potential to become the way a better version of the global financial system works to benefit all of us.

[Jumper Pass @jumperpass]

Together with Bad Bunnz, we're giving away 5 NFTs to celebrate MegaETH's launch on Jumper.

To enter the @badbunnz_ raffle:

1. Bridge at least $1000 into MegaETH with Jumper
2. Complete the tasks on the Bad Bunnz Mission page

Win raffle tickets based on your Pass level and 10 XP.

Jump. Grow. Earn: https://t.co/ZRcWq6MCFN

[Jumper @jumperapp]

MegaETH is live on Jumper 💜

Swap from any asset, any chain into MegaETH for the best rates.

Make. The. MegaJump: https://t.co/pmL3eUGXDr

[ᚦ ex ᛏ Storm @ex_St0rm]

@EstforKingdom Power for the patient, knowledge for the bold… guess it’s time to hoard event coins and wait.

[paintswap @paint_swap]

Are you still paying for randomness?

PaintswapVRF is Sonic’s native VRF provider, delivering fast and scalable on-chain randomness with no additional fees. Just pay gas.

Here’s what it changes for builders 👇
🧵 1/7

[ᚦ ex ᛏ Storm @ex_St0rm]

@EstforKingdom Ingots and Logs. 😋

[In Flames @InFlames_SWE]

It’s the 20th anniversary of our eighth studio album, Come Clarity!! We will be doing something special for it so keep checking back here. Until then to celebrate throw it on today and listen to it loud!!

[EstforKingdom @EstforKingdom]

THE COUNCIL DECREES: KINGDOM EXPANSION

Pet & Hero Marketplace, new Supporter Packs, and a kingdom-wide global event have arrived in Estfor Kingdom. ⚔️

[ᚦ ex ᛏ Storm @ex_St0rm]

@EstforKingdom I want this skin for the hero. 😎