Kmets

@aladdindao Maximalist | Kmets.eth

[Kmets @kmets_]

https://t.co/CooIvPZDMI

[Kmets @kmets_]

Very cool!

[Nous Research @NousResearch]

The next evolution of Hermes Agent is here!

Introducing Hermes Desktop: everything you love about Hermes, now native on your machine.

First demoed in Jensen's GTC keynote, it's now in public preview.

[Kmets @kmets_]

@uzairansar Congrats! Enjoyed the TestFlight app. Will download ASAP!

[Kmets @kmets_]

@TrustlessState @AskVenice I don’t disagree! 😄 More of a mechanics issue in the grand scheme of things.

[Kmets @kmets_]

Right but that means that $VVV is not net deflationary. I see your point, but your concept of paying $VVV stakers with “burnt” tokens would really only make sense if payout was proportional to amount of time $VVV is locked in staking. A one week cool down just isnt enough to justify sending stakers burnt $VVV, in my opinion.

[Kmets @kmets_]

@TrustlessState @AskVenice Correct but in that scenario, circulating supply is still increasing, yes?

[Kmets @kmets_]

@TrustlessState @AskVenice You get the indirect payment via the increase in price from $VVV being taken off the market (at least that’s the idea).

[Kmets @kmets_]

Hey free money for all of you stablecoin enthusiasts!

@protocol_fx 🤝 @Tangent_fi

$fxUSD $USG

[Tangent @Tangent_fi]

The borrow caps have been raised by 50% on the following markets:

- RLUSD/USDC → Collateral APR: 6.19% || Borrow APY: 3.08%
- PYUSD/USDC → Collateral APR: 5.83% || Borrow APY: 3.08%
- fxUSD/USDC → Collateral APR: 3.67% || Borrow APY: 0%
- frxUSD/scrvUSD → Collateral APR: 6.82% || Borrow APY: 3.08%

500k $USG available to borrow. Link below 👇

[f(x) Protocol @protocol_fx]

$161m locked in f(x) Protocol.

138% increase in 6 weeks.

The equivalent of 81,732 ETH, just 14% of the ATH.

While the rest of the market settles in dollars that can be frozen, f(x) users hold fxUSD that can't.

Flight to low-risk DeFi is real.

[f(x) Protocol @protocol_fx]

Some stablecoins are yours until the issuer says they aren't.

$fxUSD is yours until you sell it.

And it just crossed $61M in issuance.

[f(x) Protocol @protocol_fx]

f(x) Protocol was present at the DeFi Sessions organized by @ethereumfndn during ETHCC.

CROPS as the north star - censorship resistance, open source, privacy, security.
Same bet $fxUSD has been making since day one: a dollar backed by onchain collateral, borrowing you can keep private, rules that stay onchain.

[Kmets @kmets_]

Both ideas are structured to continue to fund Swiss Stake without any detriment to existing veCRV holders. The Inferno implementation proposes funding SS with existing $CRV revenue, while iCRV proposes funding with brand new @curvefinance funding sources.

I’m excited to share these ideas with the community and get constructive feedback as well.

Let’s build our way to success!🚀

[Kmets @kmets_]

Next week, I will post the first of two ideas I have been dabbling with to fund @CurveFinance builders Swiss Stake perennially without the use of a veCRV fee cut. 🧵⬇️

[Kmets @kmets_]

The second idea is the creation of a $CRV staking vault that sits alongside veCRV that I call “Innovation CRV” or “iCRV”. The goal of iCRV is to drive demand for CRV tokens while simultaneously directing revenue from brand new @CurveFinance products towards Swiss Stake.

[Kmets @kmets_]

@cyrille_briere @ConvexFinance Perhaps we can ping @arqus to assist if he can.

The bot should determine your history with earliest messages.

[Kmets @kmets_]

@cyrille_briere @AskVenice @lagoon_finance @nine_summits Well crud this would’ve been handy last week before I unlocked my $VVV! Oh well. 🤦‍♂️

[f(x) Protocol @protocol_fx]

fxSAVE is the highest yielding stablecoin tracked on https://t.co/8b82DJ5Zyr

7.00% APY, nearly 2x the US treasury yield. All organic, 0 emissions.

[Stake DAO @StakeDAOHQ]

Update on yesterday's incident: preliminary investigation indicates an unauthorised party (attacker) minted vsdCRV on Arbitrum.

Contributors quickly secured the vsdCRV backing on mainnet (no funds seizable by the attacker) and closed the vsdCRV bridge, containing the impact to Arbitrum.

Based on our current assessment, Boosted yields, Liquid Lockers, Votemarket & Stake DAO lending on Morpho are unaffected.

Arbitrum asdCRV Llamalend market is being sunset; crvUSD depositors can move their funds to other Llamalend markets.

Law enforcement is ongoing, and security partners are involved.

More to follow.

[Kmets @kmets_]

@paysponge @NousResearch @OpenRouter @bankrbot @jessepollak Will give it a whirl! Thanks!

[Kmets @kmets_]

I would prefer my @NousResearch Hermes agent to have its own Ethereum wallet. Would love for it to be able to top up @OpenRouter API usage with $10 in $USDC when needed.

Even nicer would be x402 integration.

Perhaps this is something @bankrbot or @jessepollak can clarify?

[Uzi @uzairansar]

Is it time to give my Hermes Agent its own credit card?

[Kmets @kmets_]

@FluxA_Official @NousResearch @OpenRouter @bankrbot @jessepollak Looks cool! I’ll give it a whirl.