ModuleX

The first consensus propagation layer built on top of the Bitcoin network (Meme Layer Protocol)

[ModuleX @ModuleX_]

@Macro_Insight_ Appreciate the support. 🤝 Preserving user capital is our top priority in these conditions.

No fixed date yet—we are monitoring the macro data and BTC ecosystem flows closely. As soon as the market structure improves and stabilizes, we’ll be ready to restart. Stay tuned!

[ModuleX @ModuleX_]

📢 [IMPORTANT] Strategic Pause of MX Staking Services Amid Macro Market Headwinds

Dear MX Community,

Due to the ongoing uncertainty surrounding Federal Reserve policies and the resulting risk-off sentiment in global financial markets, the crypto sector is facing significant volatility. Specifically, asset values across the Bitcoin ecosystem and major altcoins have seen severe shrinkage, creating unprecedented hurdles for the broader industry.

In light of these challenging macro conditions, and to prioritize the safety and liquidity of our users' assets, the MX Team has made the difficult decision to temporarily suspend the MX Staking Service effective Nov 28, 00:00 (UTC+8).

Your Funds Are SAFU. Here is what you need to know:

Immediate Unlocking & Freedom:We believe in User Sovereignty. Effective immediately, you do NOT need to wait for your original staking period to end. You can log in now to unlock and withdraw 100% of your principal and rewards.

Full Reward Settlement:All staking rewards have been calculated based on the actual duration and credited to your account. Your principal and earnings are 100% secure and available for withdrawal at any time.

This is a Pause, Not a Goodbye:Please note, this is NOT a permanent shutdown. We will continue to monitor the Fed's stance and the recovery of the Bitcoin ecosystem. Once the market stabilizes and headwinds subside, we plan to relaunch the staking program to offer more sustainable yield opportunities.

Thank you for standing by MX through this crypto winter. This was a tough call, but a necessary one to ensure we can move forward with a healthier foundation.

Please manage your assets via the platform at your earliest convenience.

#MX #ModuleX #BTC #BitcoinEcosystem #DeFi #Staking #CryptoNews #SAFU

[ModuleX @ModuleX_]

📢 Atlas Capital Foundation Announcement | Final Statement on Airdrop Adjustment

Dear MX Community Members,

During a recent system update, an input misalignment by the engineering team caused a reversal in the airdrop distribution order.
This was a minor technical error affecting only this round — no user assets were at risk.

The issue has been fully resolved, and all under-rewarded accounts have now been compensated in full as of today.

To maintain fairness and accuracy, the Foundation will apply the following measures:
1️⃣ Under-rewarded accounts — All balances have been topped up (on-chain verifiable).
2️⃣ Over-rewarded accounts — Excess amounts will be gradually deducted in upcoming airdrop cycles.

Atlas Capital will continue to enforce rigorous data auditing and security monitoring to ensure every process remains transparent and verifiable.
Thank you for your continued trust and support — together, we make the MX ecosystem stronger. 🚀

— Atlas Capital Foundation
#ModuleX #AtlasCapital #OdinFun #BTC #Announcement #Airdrop #Ecosystem

[Bob Bodily, PhD @BobBodily]

i'm entirely unbothered by spam on bitcoin
it is the least of my concerns
i couldn't care less

if you want to pay fees to put non-monetary data in bitcoin blocks you have the right to do so

not a single objection to this holds any water
all critiques are demonstrably false

[ModuleX @ModuleX_]

📢 Atlas Capital Foundation Announcement

To further optimize the ecosystem structure and ensure clear platform coordination, the Foundation has decided:
Effective immediately, the BTC buy-in staking system on the MX platform will be closed.
🔁 Staking Process

1️⃣ Go to OdinFun platform to purchase MX
2️⃣ Return to the MX platform to participate in staking

The existing MX buy, stake, and airdrop mechanisms remain fully operational —
user assets and rewards are not affected.
Going forward, OdinFun will focus on trading access and liquidity aggregation,
while the MX platform continues to focus on ecosystem development and long-term incentive mechanisms.

Thank you to our global community for your continued trust and support.
Together, we are building a stronger and more sustainable MX ecosystem. 🚀
#ModuleX #AtlasCapital #OdinFun #BTC #Foundation #Announcement #Ecosystem

[Bob Bodily, PhD @BobBodily]

To be a legitimate contender in the Bitcoin DeFi space you must have a need for speed

[Bob Bodily, PhD @BobBodily]

if you got wrecked in the market yesterday

go climb a mountain
connect with people you love
eat great food
remember life is worth living

if you didn't get wrecked

go try odin fun
66 btc volume in the last 24 hours
284 btc in the platform
lots of trading
lots of fun

<3

[Bob Bodily, PhD @BobBodily]

Iterating toward a more productive product flywheel

At Odin Fun we aren't interested in short term hype strategies to artificially inflate our numbers. We want real users, real growth, and real revenue.

This means:

1. We don't do any market making or trading to pump up the volume on our own platform.

All trading on Odin Fun is legitimate trading from legitimate users. Crypto twitter in general has a massive blind spot toward the Asia crypto market which is where Odin Fun is finding the majority of its success.

2. We believe in long term sustainable growth.

Bitcoin DeFi will win. It is just a matter of time. We're here for the long haul. Odin Fun will win. It is just a matter of time.

And honestly, we're already winning.

3. We will constantly innovate to make Odin Fun better.

First, Odin Fun pays users 25% of all referred volume for life. This means users are incentivized to get their friends trading on Odin Fun because you make more money the more people you bring to the platform. Everyone gets their own referral link that you can share with the world.

Second, Odin Fun is pioneering a new fee structure called Community Fees (coming soon). This allows users to join or affiliate with a community, and that community will earn a portion of your volume across the platform. This incentivizes communities to (1) join Odin Fun, (2) get more users in their community, (3) get them trading on the platform, and (4) keep their community users happy.

4. We are building for the future of Bitcoin DeFi.

Pump Fun is leaning into memes 100%: volume boosting bots, streaming to bring in new audiences, increasingly hyped events to get attention for tokens, creator fees based on volume, etc. This is on brand for pump fun and is likely their niche for the foreseeable future.

Odin Fun started with a memecoin launchpad and AMM to bootstrap liquidity, but will grow into a Bitcoin DeFi powerhouse. Tokens can be more than just memes. We haven't seen this very much on Bitcoin (too hard to build a token like this right now) but we'll make it easy for everyone.

So to all of our users:

We are here for the long haul. We're not going anywhere. We're here building non-stop for the future of Bitcoin DeFi, and it is going to be mind-blowingly massive.

Patience is a virtue. It will take time to do this right. We aren't in a hurry (security has to be priority #1), but we are constantly in the trenches building new features for you all the time.

We have some new things in the audit queue right now. Very excited for our next release.

[ModuleX @ModuleX_]

🔥 Honored to be part of this incredible event!
ModuleX, as the Platinum Sponsor of the ABCD Music Party 2025 in Kuala Lumpur, joins @abcd_web3_ and global builders to bring the rhythm of blockchain to life! 🎶🚀
Innovation isn’t just technology — it’s connection and belief.
MX stands with the world in harmony! 🌍

#ModuleX #AtlasCapital #ABCD #Web3 #Music #Blockchain #OdinFun #KualaLumpur

[abcd - APAC Blockchain Day @abcd_web3_]

🔥 Powering innovation, one block at a time! 🔥

We’re thrilled to welcome ModuleX as our Platinum Sponsor for the ABCD Music Party 2025! 🎉

As a next-gen blockchain ecosystem builder, @ModuleX_ is all about scalability, performance, and real-world impact — bridging technology and creativity to fuel the decentralized future. ⚙️💡

From on-chain infrastructure to off-chain inspiration, ModuleX continues to set the stage for what’s possible in Web3. 🚀

Now, they’re turning up the heat — joining us in a night where beats meet blockchain, and innovation hits the dance floor! 🎶🔥

#ModuleX #ABCD #MusicParty #Web3 #Blockchain #DigitalAssets #Fintech #RWA #Arts #Education

[ModuleX @ModuleX_]

🎉 The rhythm of blockchain echoes through Kuala Lumpur!

The Atlas Capital Foundation is proud to announce ModuleX as the Platinum Sponsor of the ABCD Music Party 2025.

In a night where music meets technology,
MX bridges innovation and inspiration — turning blockchain into rhythm,
and consensus into energy. ⚙️🔥

This is more than a celebration; it’s a statement of belief in the builders shaping the Web3 future.
Let’s move to the beat of innovation! 🚀
#ModuleX #AtlasCapital #ABCD #Web3 #Music #Blockchain #OdinFun #DigitalAssets #Innovation #Consensus

[ModuleX @ModuleX_]

Bitcoin

[Bob Bodily, PhD @BobBodily]

Bitcoin

[Bob Bodily, PhD @BobBodily]

New Bitcoin Yield Strategy from Curve (Yield Basis)

tl;dr
Have tight liquidity provisioning in AMMs (automatic rebalancing pools curve-style) and lots of volume to generate enough fees to cover both crvUSD loan (leverage) and arbitrage to give you (1) BTC yield and (2) remove impermanent loss of your BTC.

Here's how it works.

1. User deposits 1 BTC ($100k price for simplicity)

2. Protocol takes a $100k crvUSD loan. This is the leverage component. They have to take this loan (10% interest) so that you don't lose BTC to impermanent loss when BTC price changes.

3. Protocol puts BTC and crvUSD into the BTC <> crvUSD pool. You essentially get 2x leverage on your liquidity because you only have to come with BTC.

4. If BTC price goes up 10%, protocol pays for arbitrage to rebalance pool (give someone $10k + $50 in USD if they provide $10k BTC to rebalance the pool).

5. If BTC price goes down 10%, protocol pays for arbitrage to rebalance pool (give someone $10k + $50 in BTC if they provide $10k USD to rebalance the pool)

Then the end result is pretty fantastic:

1. No impermanent loss. If you put in 1 BTC, you won't ever get back less than 1 BTC. In every other AMM, you suffer from impermanent loss.

2. You get yield on your BTC. Anywhere from 10% to 60% based on historical yields.

BuT wHeRe DoEs ThE yIeLd CoMe FrOm??

The yield comes from the AMM fees. You are essentially a liquidity provider in the crvUSD <> BTC pool and you earn fees on the volume in that pool.

This means that if the volume were to dry up on the crvUSD <> BTC pool the yield would also dry up. In fact, if this happened you would start getting negative yield on your Bitcoin unless the protocol started to pay out of its pocket to cover the loan and arbitrage costs.

I didn't see any mention of a treasury fund to handle this in their docs, so this is a risk.

And they did do a historical analysis going back to 2021 to estimate yields, but I don't think they specifically modeled for a scenario in which volume decreased substantially.

crvUSD risk

On top of the low volume risk you also have the crvUSD risk as well. crvUSD is backed by various crypto assets, so if the market crashes, you could see a depegging event.

Pegkeepers and borrowing rate adjustments can help in scenarios like these, but you should understand the stablecoin depegging risk if you are going to do this with your Bitcoin.

Conclusion

Overall, a pretty interesting model. The value proposition is essentially stake your Bitcoin and get yield.

Under the hood you have lots of risks, but they have immediately filled their initial BTC allocation, then upped it to $30M and immediately filled that BTC allocation too. So clearly some demand.

Will be interesting to see how it unfolds over the coming weeks and months.

[ModuleX @ModuleX_]

📢 Atlas Capital Foundation Announcement

The MX Bank function will officially launch on October 3rd at 2:00 PM (UTC+8)!

This marks a historic milestone for MX:
✨ One-click staking order purchase with BTC;
✨ Market team & personal airdrop systems fully open;
✨ A unique innovation across the entire Odin platform.

🔥 Countdown begins — MX enters a brand new era!

#ModuleX #BTC #OdinFun #Foundation #Bank

[ModuleX @ModuleX_]

English Tweet
🚀 Atlas Capital Foundation Announcement
The Bank function on MX has been fully completed and tested.
📅 Official launch: October 3rd

✨ Highlights:
1️⃣ One-click staking order purchase — super convenient.
2️⃣ Market team & personal performance features now fully live.
3️⃣ A truly unique innovation across the entire Odin platform.

A historic milestone for MX.
🌟 The takeoff begins — MX is set to soar!

#ModuleX #BTC #OdinFun #Foundation #Bank

[Bob Bodily, PhD @BobBodily]

live footage of your community when you actually build something they want

no bots
no fake hype
no wash trading

just pure degenerate bitcoin energy

[Bob Bodily, PhD @BobBodily]

Odin Fun uses a deposit/withdraw model, similar to exchanges, prediction markets, perp dexes, etc.

Users have a Runes deposit address for their Runes tokens (all graduated tokens on Odin Fun can be withdrawn back to Bitcoin L1 as legitimate Runes tokens).

And users have a Bitcoin deposit address for their cardinal Bitcoin.

In the future we can add additional addresses as necessary: SOL, BRC2.0, USDC, USDT, etc.

Sometimes (especially in the early days) users have accidentally sent funds to the wrong address.

For users who have sent runes to their BTC Deposit Address:

If you deposited Runes to your BTC address they are lost forever. I'm sorry about this, but the decentralized Bitcoin setup we use doesn't recognize runes / ordinals / brc-20, etc.

In the future we could use an intermediate address that is Runes-aware to prevent this, but this would increase fees for all user deposits, which seems undesirable. But if you think this is interesting let me know (exchanges, prediction markets, and perps dexes all suffer from this same problem)

For users who have sent BTC to their Runes deposit address:

If you deposited BTC to your Runes address, because the addresses are Runes-aware, we are able to detect non-Runes UTXOs, which means we are able to rescue these funds.

So if you ever deposited BTC to a Runes address, check the deposits on your account and you should have a new deposit with the funds (note that you will have received the amount minus 30k sats as a fee for rescuing the funds as it was a bit labor intensive).

I don't know if we will ever do a batch refund like this again, but we thought it would be nice to rescue these funds for existing users.

--

I already sent through an update on discord, but I felt like a broader update might be nice for this one.

Thanks everyone!

[Bob Bodily, PhD @BobBodily]

I burn like the phoenix rising from the flame
I flow like the Yangtze no dam can restrain
I wait like the turtle ten thousand years remain
I strike like the dragon swift through the rain
I hold like the lotus pure through murky stain
I'm fixed like the north star guiding through the plain
I root like the ginkgo outlasting each reign
I stand like the temple when empires wane

What am I?