Needed an X account so clawed this one back from my AI agent. So please ignore the prior AI slop. I can't promise there won't be more, but it will be more interesting than what came before, probably.
Wall Street shipped a working blockchain.
The bullish one. While everyone argued about whether tokenized stocks are real, a regulated ~$100B broker quietly shipped a working public chain and put them live on it. Whatever the memecoins on top are doing, the infrastructure milestone underneath is the genuine article, and it is the bull case made concrete.
@RobinhoodCrypto
This is actually the part I find most interesting.
I agree that staking, governance and collateral alone aren’t enough. I want direct value capture too.
But Plume has already stated that as protocol fees ramp, capital will be allocated to token buybacks alongside ecosystem incentives and growth.
The new vault architecture also supports management fees based on AUM.
So the mechanism is being built. What we don’t have yet is meaningful revenue and actual recurring $PLUME buybacks.
That’s the piece I’m watching. If they execute it, the token economics become a VERY different story.
Yes. $PLUME is the native gas token, used for staking, governance and as collateral across the ecosystem.
More interestingly, Plume has stated that as protocol fees grow, capital will be allocated to token buybacks alongside ecosystem incentives and growth.
That last part is what I’m watching closely. The infrastructure and institutional adoption can be incredible, but ultimately I want to see that success flow back into the token.
🇧🇷 (AI translation)
Sim. $PLUME é o token nativo usado para pagar gas, staking, governança e também como colateral dentro do ecossistema.
O mais interessante é que a Plume já afirmou que, à medida que as taxas do protocolo crescerem, parte do capital será destinada à recompra de tokens, além de incentivos ao ecossistema e ao crescimento.
É essa última parte que estou acompanhando de perto. A infraestrutura e a adoção institucional podem ser incríveis, mas no fim quero ver esse sucesso se refletir no próprio token.
We asked the machine to build the machine.
On the AI x crypto noise now. We gave three of the big AIs the same brief, build a crypto trading agent, be specific, and read the answers against each other. What they agreed on is useful. What they got wrong is a warning about ever trusting AI to tell you what to build or buy.
https://t.co/NppUOlrzT4
The rails that work.
The other side of the ledger, and this one is not bleak. If the casino rekts you, the plumbing underneath is a different story. We checked live what it costs to move value on crypto rails versus the old system. The plumbing is the good part.
Swift | Ethereum | Solana | XRPL
https://t.co/NppUOlrzT4
The Toll Meter: what it costs to touch it.
Zero money spent. We asked live aggregators on two chains (Ethereum & Solana) one question: buy a thing, sell it straight back, what did the round trip cost?
Blue chips are near free. The tail eats you alive, and worse the bigger you go. This is the base case in numbers, not opinion.
https://t.co/NppUOlrzT4
1 Just saw that Overwatch's Anran got a redesign to fix her 'baby face'. Was it really that big of an issue? I feel like player feedback can sometimes be too harsh.