Renner | Toll

building & project | privacy and quantum safety | @quipnetwork

[Renner | Toll @rennertoll]

BTC just broke $64K after 307 days stuck in the $60-70K range, third longest consolidation of any $10K band in history

Regulation's driving the market more than geopolitics rn too, a new CLARITY Act draft could drop as soon as next week

[Renner | Toll @rennertoll]

@TheHumanoidHub wow

[Caura @CauraAI]

Clone. Build. Star.
(Thanks.)

We solved memory for multi-agent fleets.

[Vincent Hus @vincent_hus]

If you've ever been on-call and thought
"an AI should handle this"
come build that AI with us.
Apache 2.0.

[Melon Podcast @MelonPodcasts]

1/
takeover turns trading fees into a pvp game on base

100 tiles per coin, each tile a 1% cut of that coin's trading fees in eth. own a tile, earn from every trade, until someone buys you out. it runs on harberger taxation, so tiles never stop circulating

analysis by @sunwoohajin

here's how the mechanism works 👇

2/ the harberger mechanism
@flaunchgg pays creator fees in eth and tokenizes revenue as nfts. takeover builds on that to make a pvp market for the fees

every coin launched gets a 100-tile grid. each tile is a 1% claim on all trading fees paid in eth. hold a tile and you earn from every trade, until you get bought out

3/ harberger tax
tiles use harberger taxation to force circulation. owners set a public price, and anyone can buy instantly at that price, no negotiation

set it high and carrying costs drain you. set it low and you get sniped

4/ tax structure
holders post a usdc deposit and pay a 5% weekly tax on their listed price. those taxes fund $TAKEOVER buybacks through the boardroom. keep the deposit funded, run out and you forfeit the tile to the open market

5/ the strategic layer
pricing is the whole game. each tile has a fundamental value tied to its parent coin's fee generation

at 5% weekly tax, a tile earning $10/week sits around a $200 equilibrium price, where tax equals income. too high and carry drains your deposit, too low and someone takes it

6/
that equilibrium moves with volume. dying coins get expensive to hold, runners spark bidding wars. profit comes down to reading volume and adjusting your price or exiting in time

7/ how to try it
start by buying into an existing grid before launching your own coin. the $FLNCHY grid (flaunch's mascot) routes 80% of trading fees to tile holders, which makes it a clean entry point

8/
browse: find a listed tile on the 100-tile grid. the $FLNCHY floor was around 68 usdc at time of writing, it moves

buy: set your listing price and deposit duration. total cost = buyout price + initial tax deposit. confirm

monitor: earn 1% of fees in real-time eth. adjust your price defensively as volume shifts so you don't get sniped

9/ zooming out
takeover is one of the first live tests of harberger taxation on an asset with calculable yield, where mispricing has immediate consequences

ai agents are expected to join soon, turning this into a bigger battlefield for automated strategies

[Renner | Toll @rennertoll]

@MelonPodcasts @M4rcusHale @jayendra_jog @SeiNetwork such a rare thing, hearing someone whose thinking got reshaped by living through the exact system he now builds outside of, following @jayendra_jog arc from the gamestop suspension to Sei is gonna be a good one

[Renner | Toll @rennertoll]

@MelonPodcasts

[Melon Podcast @MelonPodcasts]

selling crypto to cover expenses hurts. you trigger taxes and lose your exposure in one move

defi borrowing fixes both. instead of selling your eth, lock it as collateral, borrow usdc onchain, spend like cash, stay long. not a taxable event in the us

and now you can do it straight from the coinbase app

analysis by @SunwooHajin

this is an integration i'd hand to my own family. @coinbase is one of the most trusted and easy exchanges to navigate, and @Morpho is one of the most proven lending protocols in defi. put them together and you borrow against your eth without leaving the coinbase app

assuming you already hold eth on coinbase, here's the flow:

1. tap your eth balance to open your ethereum dashboard
2. scroll to the "borrow" tab and hit "start"
3. read the primer: your borrow up to amount (set by your eth on coinbase), the variable rate (interest morpho charges), and the liquidation ltv (the loan to value point where your eth gets liquidated to repay). then "continue"
4. enter how much usdc you want, tap "review loan"
5. check the details, hit "borrow now," then "accept and continue." it can take a minute or two to finalize in the coinbase ui

that's it

to manage it later: open the "cash" tab, find "borrow," tap "manage loans." the "repay" option lives there to pay your usdc back over time

these eth backed loans run on a flexible term. no fixed amounts, no set schedule. repay whenever, in whatever size suits you. just watch your loan health so you don't get liquidated

one note: usdc you borrow on coinbase can't buy crypto on coinbase. this lane is for cashing out and spending

as far as defi onramps go, this is about as simple and safe as it gets. if you or someone you know hasn't borrowed against eth yet, start here

[Ash Crypto @AshCrypto]

In 2021 Snoop Dogg bought this NFT for $7,000,000.

Today its worth $60,000.

[Bitcoin Hopium @BitcoinHopium]

#BREAKING 🚨 BOOOOM 💥💥

Billionaire JACK DORSEY has done it again! His app BITCHAT lets users SEND BITCOIN WITHOUT THE INTERNET! This is next-level tech for the crypto world!

WHAT A GAME CHANGER! 🎉

[Coin Bureau @coinbureau]

🚨SHOCKING: POLYMARKET PAID CREATORS TO STAGE $1.9 MILLION IN FAKE BETS

A WSJ investigation reviewed 1,105 videos posted by Polymarket creators and found that NONE of the bets were real.

Creators were filming trades on FAKE copies of the Polymarket website and getting paid $2,000 to $3,000 a month to post them.

The same bets they showed as wins would have actually LOST over $166,000.

Polymarket says it will now audit its promotional content.

[Renner | Toll @rennertoll]

Bitcoin ETFs just posted another $90.7M in net outflows (30 day total: -$6.35B) while small-cap alts are absolutely ripping one token up 110% in a day on a Binance listing. Institutions exit, retail speculation enters. Same market, two different stories

[Renner | Toll @rennertoll]

Ethereum Foundation just lost its 2nd co-executive director in months Hsiao-Wei Wang resigned after her sabbatical, following Tomasz Stańczak's exit in Feb. Both co-ED seats are now vacant.
~8 senior figures gone in 5 months. ETH sitting at $1,700 while the org restructures

[Cointelegraph @Cointelegraph]

⚡ THROWBACK: Exactly 16 years ago, Satoshi said, "Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone."

[Watcher.Guru @WatcherGuru]

JUST IN: 🇯🇵 Japan's National Business Corporate Pension Fund to allocate 1% of its assets to cryptocurrencies.

[Renner | Toll @rennertoll]

@stats_feed where do they get their money?

[Renner | Toll @rennertoll]

@Pirat_Nation adobe have investments? what...

[BOOM X @CryptoBoomNews]

My mental health after holding Ethereum for 5 years

[Renner | Toll @rennertoll]

@coinbureau noo claude its my favorite ai😭

[Crypto Banter @crypto_banter]

🚨NSA CONFIRMS ANTHROPIC’S MYTHOS AI BROKE INTO ALMOST ALL CLASSIFIED SYSTEMS IN HOURS!!!

According to Senate Intelligence Committee Vice Chair Sen. Mark Warner, NSA and Cyber Command leadership revealed that the powerful AI model penetrated nearly every classified network during testing, not over weeks, but in just hours.