Matynsd

[Matynsd @gall_clip]

Tocó visitar la D de davo

[Ash Crypto @AshCrypto]

There'll come a day when you'll wake up to a +15% Bitcoin candle.

ETH and alts will be up +20%-30%, and most people will rush to short.

But the markets will continue to climb, liquidating all shorts back to back.

You'll see your portfolio at new highs, and your family will start asking about crypto.

You'll wake up to a coin in your portfolio randomly pumping 2x-3x and then doing the same again for a few more times.

You'll be back to life-changing gains and will thank yourself for not giving up.

[Saakuru Protocol 👾 @saakuru_labs]

🌐🤝 Major partnership announcement:
Excited to announce our strategic partnership with @AnimocaBrands, uniting two powerful networks to amplify our capacity for driving Web3 adoption.

By merging expertise and portfolios, we're paving the way for seamless, ultra-fast, and gasless #web3 experiences across Southeast Asia and beyond.

#Blockchain #Web3 #GamingInnovation $SKR

[Matynsd @gall_clip]

What category would YOU put prediction markets in — commodities, securities, or something we don't have a word for yet?

[Matynsd @gall_clip]

When regulators can't agree on what a product even *is*, that tells you everything about how far ahead builders are moving. The CME vs CFTC battle over Kalshi is really a fight over definitions. #DeFi

Who gets to decide what's what?

[Binance @binance]

No calculators. Pick one:

1000 BTC instantly
1 BTC every week
0.01 BTC every minute
0.004 BTC every second

[Michael Saylor @saylor]

Bitcoiners agree on the 99% that matters. We shouldn’t let the 1% divide us while nearly all global capital has yet to enter Bitcoin’s monetary network. The opportunity is bigger than the argument.

[Solana @solana]

If you weren't here, it will feel coordinated.

If you were here, you knew all along.

[Jesse Myers @Croesus_BTC]

This post was seen by ~1M people yesterday. A few more thoughts on the topic...

A. "Steady lads, deploying more capital"

This is the infamous meme that comes from the Terra/Luna implosion. Crypto people have scar tissue from the May 2022 implosion of this algorithmic stablecoin.

Terra was designed to maintain a $1 peg by using a BTC treasury (Luna) to bid if the price went below $1, and sell if it went above $1. This works great, except in a panic.

4 years ago, panic happened. People wanted out of Terra, so the Luna treasury was automatically drawn down to protect the peg.

But this depleted the system's resources and deteriorated its capacity to keep defending the peg, which stoked more fear and exacerbated the exit pressure. Eventually the BTC treasury was depleted, the defense system was exhausted, the peg broke and Terra went to zero.

People who lived through that are wary of STRC and other Digital Credit instruments.

But, STRC is the opposite fundamental design of this.

B. Architected systems vs. free markets

Terra/Luna was an architected system that actively used its treasury resources to defend a peg.

STRC relies on free-market price discovery to find price equilibrium, and does not promise to maintain a peg.

And that is at the heart of why Strategy will be fine, and STRC along with it.

Strategy will not expend resources to try to maintain anything. Instead, the free market will find equilibrium on its own.

C. How to kill STRC

The health of STRC depends on the health of Strategy's balance sheet, because that determines whether STRC holders continue to receive dividends.

STRC's market price can depeg and trade at a serious discount... but Strategy's balance sheet is completely unaffected.

To attack Terra/Luna, you just needed to create a confidence wobble that forced the system to expend BTC treasury resources to defend the price of Terra.

To attack STRC, you need to deplete Strategy's balance sheet. Since they're not actively expending it to defend anything, you would need to send Bitcoin's price to ~$0 and keep it there. Good luck!

D. How STRC heals itself

STRC trades down in this leverage wipeout to $82. Strategy does nothing; expends no resources.

Strategy keeps paying STRC dividends with its unaffected balance sheet strength.

Now, investors are getting ~14% effective yield w/ the potential for a ~20% capital gain. STRC is more attractive than it previously was!

This attracts more investors. Price is bid up.

Strategy will likely increase dividend rate on June 30 to 11.75% or 12%. This makes STRC more attractive still. Price is bid up.

STRC dividends keep being paid. Market realizes that Strategy is unimpacted, it was just a leverage wipeout. Confidence in STRC dividends returns. Price is bid up.

Back to $100 par.

It will take weeks or maybe months, but that is how the free market (and the variable rate dividend mechanic) will restore STRC to $100.

And that's why this is the opposite of Terra/Luna's design.

[Matynsd @gall_clip]

Funny how delays force stillness. Sitting here with bad coffee and a good watchlist, realizing patience is the same skill whether you're waiting for a flight or a market cycle.

[Solana @solana]

Tokenized equities.
Prediction markets.
Stablecoins.
Collectibles.
Treasuries.
Payments.
Gaming.
Perps.
Memes.
DePIN.
RWAs.
LSTs.
AI.

All on Solana.

[Ethereum @ethereum]

Ethereum is for shipping.

Here are 25 things the Ethereum ecosystem launched, upgraded, and announced over the past month.

0/ @thedaofund Ethereum Security Quadratic Funding Round with @Giveth wrapped. The fund supported 134 security projects and had 3,934 unique donors.

1/ @Ronin_Network, one of the largest gaming blockchains, completed its migration to an Ethereum L2.

2/ Clear Signing went live. It is an open standard designed to help end blind signing and make transaction data human-readable before signing. Contributors include wallets and hardware, infrastructure, tooling, individual builders, and the Ethereum Foundation’s Trillion Dollar Security initiative, with the @ethereumfndn acting as a neutral steward.

3/ @SEAL_911 and @Wonderland_Fi introduced DARC, a Digital Asset Risk & Compliance standard for crypto teams, with continuous monitoring across GitHub, infrastructure, multisigs, DNS, and more.

4/ @arbitrum announced that LG Electronics' blockchain team is piloting an onchain advertising network on Arbitrum.

5/ @base activated Azul, its first standalone network upgrade, introducing multiproofs, new execution and consensus clients, CLZ opcode support, Osaka repricings, and performance upgrades up to 5,000 TPS.

6/ @Mastercard expanded stablecoin settlement support to include USDC, PYUSD, USDG, USDP, and SoFiUSD on Ethereum mainnet, @arbitrum, and @base.

7/ @EFDevcon 8 Mumbai early bird tickets went live. Tickets were available paid in ETH.

8/ Türkiye's Directorate of Communications (@Communications) registered cbiletisim.eth, making its first step in establishing an official onchain identity with @ensdomains.

9/ @CashApp launched stablecoin support, allowing nearly 60 million users to send and receive USDC with no wallet setup required, live on Ethereum mainnet and @Arbitrum.

10/ @torproject and @FundingCommons launched a web3-native crowdfunding initiative supporting 10 internet freedom projects.

11/ @JPMorgan launched a second tokenized money market fund on Ethereum.

11/ @lifiprotocol launched LIFI Intents, a full-stack intent execution engine built on the Open Intents Framework, an initiative for standardizing crosschain intents.

12/ @l2beat launched Token Frameworks, a dedicated place to explore interoperability solutions, token movement, volume, speed, chains, and framework adoption.

13/ @PrivacyEthereum launched a private transfers dashboard comparing 11 protocols across privacy, cost, UX, decentralization, compliance, verifiability, state, and composability.

14/ @Veildotcash launched Veil MCP 0.2.0, enabling agents to make private x402 payments on @base.

15/ @src_co_ introduced SLOW, reversible, self-custodial crypto payments on Ethereum.

16/ @ensdomains ecosystem builders launched ENS8004, a web app that converts an ENS name into an onchain AI agent other applications can find and verify.

17/ @OctantApp introduced properQF in Epoch 12, integrating quadratic funding into the funding round.

18/ @AragonProject launched onchain profiles, making governance participants readable across forums by resolving ENS names, avatars, bios, websites, and social links from Ethereum mainnet.

19/ The Ethereum Community Hub network expanded to Lisbon, hosted at the @gnosisDAO office.

20/ @SuccinctLabs introduced data confidentiality to OP Succinct, enabling institutions to keep transactions confidential while settling to Ethereum.

21/ @HardhatHQ 3 became stable, bringing Solidity tests, multichain support, a Rust-powered runtime, a revamped build system, and Hardhat Ignition for deployments.

22/ The inaugural @ethconf, in NYC, brought together thousands of founders, industry leaders, and builders to discuss building on top of Ethereum.

23/ @EthPrague brought Ethereum builders together in Prague to discuss protocol development, privacy, culture, and long- term societal impact.

24/ @ETHGlobal introduced a new format where, for the first time at an ETHGlobal hackathon, projects do not have to begin from zero.

[Matynsd @gall_clip]

Been thinking about this all day tbh.

[Matynsd @gall_clip]

State Street just dropped a money market fund built specifically for stablecoin reserves 👀 tradfi is NOT sleeping on crypto anymore. the race to back dollar stablecoins is getting spicy fr. who else is watching this space? #DeFi

[Matynsd @gall_clip]

Anyone else think state-level competition could actually pressure the feds into better policy here?

[Matynsd @gall_clip]

Feds trying to centralize stablecoin control is sketchy, but senators pushing back to keep states in the game might actually save crypto innovation here. Cautiously optimistic on this one. #GENIUS

Who's watching this closely?

[Matynsd @gall_clip]

The road to legitimacy is rarely straight. Binance facing EU pushback reminds us that trust is earned through transparency, not size. Regulation will shape who survives this era. #crypto

Will the giants adapt, or crack under pressure?

[Matynsd @gall_clip]

BTC creeping toward $67K but analysts are waving red flags 🚩 We've seen this rejection zone before... are bulls actually ready to break through this time or are we about to get wrecked again? #Bitcoin Thoughts?

[Matynsd @gall_clip]

@cPenCoreTeam Bro it's already Q2 2025 and the "exact date TBA" is still TBA 💀 classic crypto project energy right there.

[vitalik.eth @VitalikButerin]

Now that ZKEVMs are at alpha stage (production-quality performance, remaining work is safety) and PeerDAS is live on mainnet, it's time to talk more about what this combination means for Ethereum.

These are not minor improvements; they are shifting Ethereum into being a fundamentally new and more powerful kind of decentralized network.

To see why, let's look at the two major types of p2p network so far:

BitTorrent (2000): huge total bandwidth, highly decentralized, no consensus

Bitcoin (2009): highly decentralized, consensus, but low bandwidth - because it’s not “distributed” in the sense of work being split up, it’s *replicated*

Now, Ethereum with PeerDAS (2025) and ZK-EVMs (expect small portions of the network using it in 2026), we get: decentralized, consensus and high bandwidth

The trilemma has been solved - not on paper, but with live running code, of which one half (data availability sampling) is *on mainnet today*, and the other half (ZK-EVMs) is *production-quality on performance today* - safety is what remains.

This was a 10-year journey (see the first commit of my original post on DAS here: https://t.co/Fa0jKFgObW , and ZK-EVM attempts started in ~2020), but it's finally here.

Over the next ~4 years, expect to see the full extent of this vision roll out:

* In 2026, large non-ZKEVM-dependent gas limit increases due to BALs and ePBS, and we'll see the first opportunities to run a ZKEVM node
* In 2026-28, gas repricings, changes to state structure, exec payload going into blobs, and other adjustments to make higher gas limits safe
* In 2027-30, large further gas limit increases, as ZKEVM becomes the primary way to validate blocks on the network

A third piece of this is distributed block building.

A long-term ideal holy grail is to get to a future where the full block is *never* constituted in one single place. This will not be necessary for a long time, but IMO it is worth striving for us at least have the capability to do that.

Even before that point, we want the meaningful authority in block building to be as distributed as possible. This can be done either in-protocol (eg. maybe we figure out how to expand FOCIL to make it a primary channel for txs), or out-of-protocol with distributed builder marketplaces. This reduces risk of centralized interference with real-time transaction inclusion, AND it creates a better environment for geographical fairness.

Onward.

[Barry Silbert @BarrySilbert]

Unstoppable, uncensorable, global decentralized AI seems like a good investment bet to make. The “Bitcoin of AI” so to say…