Private credit's stress is at the long end.
According to @w3arew3 CEO, @StowellPorter, redemptions get capped at 5% a quarter as exit requests hit 14%. Capital locked for years in software and real estate loans. The market repriced in months.
What we're working on is the opposite: short-term debt obligations. Video below.
ETHGas is introducing the Open Gas Initiative, letting protocols incentivize their users to grow onchain adoption while ending gas fees anxiety for good.
[@Uniswap@aave@opensea] are you in? 👀
Join Open Gas: https://t.co/Z9MSdW1Soo
https://t.co/65TyCOvYvY
Introducing the Open Gas Initiative - a way for protocols to subsidize gas for users, zero-code, for a seamless, frictionless onchain experience.
With OG cohort: @eigencloud, @ether_fi, @pendle_fi, @Velvet_Capital.
👇
The beanstalk is sprouting stronger! ✨
Teaming up with Gassy Jack to climb the beanstalk. Collect beans through quests and unlock epic rewards in our gas-free world. Who's in? 👀
https://t.co/VgikL7v71E
https://t.co/VgikL7v71E
Next week on January 21st, our CEO will host a Space breaking down W3, the Knights, and will be answering your questions directly.
We’ll cover topics like:
• How Knights actually fit into W3’s infrastructure, economics, and long-term vision
• How rewards, responsibilities, governance, and scalability work in practice
• What’s live today vs. what’s coming next
If you’ve been evaluating W3 or the Knights, this is the place to do it.
More details soon. Be ready to set your reminders. 🎙️
Most people misunderstand what Knights are and why early access matters. Before you write it off as “just another drop,” here are 3 myths worth clearing up. 👇
Myth: Knights are just another drop.
Reality: Knights are live validators that run W3’s infrastructure. They execute and secure real workflows for real businesses and earn from real network usage.
Myth: Knight rewards are just token inflation.
Reality: Knights earn from fees paid by businesses using W3 for payments, AI, data processing, and decentralized infrastructure. This is usage-backed revenue, not dilution.
Myth: I can always join later.
Reality: Knight supply is limited. Early Knights lock in lifetime economics and benefit as real-world usage scales.
Learn more in the FAQ page → https://t.co/0qgcbVeX1A
Own the infrastructure. Earn the future.
Be a Knight.⚔️
Why is this post saying exams were cancelled …
Exams continued like nothing happened despite this crazy incident. Final year students preparing to sign out after years of school and just like that they miss exams and end up seriously traumatized.
Suspected EFCC Operatives Raid FUTMinna Student Lodges, Manhandle and Abduct Over 50 Students.
Reports indicate that a suspected group of armed operatives, allegedly wearing EFCC vests, conducted an unauthorized raid on student lodges at the Federal University of Technology Minna (FUT Minna). The raid, which occurred around midnight on September 4th, 2024, lasted over four to five hours. During the operation, multiple students sustained physical injuries as they were forcibly arrested in their lodges.
The suspected operatives, allegedly acting outside the law, forcefully broke into the main gate and the doors of various rooms and lodges in the Gidankwano off-campus area of FUT Minna. They harassed, battered, and manhandled students, many of whom were awakened from sleep. Gunshots were reportedly fired, and the operatives threatened to shoot anyone who resisted their actions.
The raid has caused widespread outrage and panic, particularly as many of the affected students were scheduled to sit for their final exams today. As a result, all academic activities at the university have been put on hold. The location of the abducted students remains unknown at this time, leaving students and parents in a state of turmoil following this tragic incident.
@AishaYesufu@sowore@InibeheEffiong@EiENigeria@ogundamisi@HarrisonBbi18@thatverydarkman@osasuo@AmnestyNigeria
#FreeFUTMXStudentsFromEFCC #EFCCInjustice #AbujaTwitterCommunity