We were one of the first checks into @raikucom and it has been fun watching @degenroot and the team execute.
Guaranteed block inclusion opens up a lot of design space. If you are a validator or builder you should definitely reach out to the team.
Yesterday I had another one of those conversations I wish I never had to repeat.
A trader I respect, finished by leverage.
I’ve collected versions of this story since 2014.
Some of the best instinctive traders I’ve ever met.
Some who touched nine figures before losing it all.
The endings all look different on the surface, but underneath they’re the same.
LEVERAGE
People call leverage a multiplier of risk, but that’s not how I see it.
To me, leverage is an accelerator of time.
It’s the remote from Click (Adam Sandler Movie).
The cursed control that lets you fast-forward through the parts you don’t want to sit with. That’s exactly what leverage does....it collapses the timeline.
The question that almost no one stops to ask is: why are you so desperate to accelerate time? Why do you need tomorrow’s result today?
If you think about it clearly, time is the most perfect design in life. If you’re lucky enough to live out an average span, there’s more than enough of it....enough to learn, enough to compound, enough to enjoy the ride.
Money is supposed to take time because it has to teach you respect for it. If you fast-forward through that process, you arrive without the respect, and without respect you won’t keep it.
Run the thought experiment.
Imagine leverage works in your favor and you press the remote hard enough to land at $100 million overnight.
You buy everything you wanted, you take your sabbatical, you taste freedom.
And then, almost inevitably, you return to trading.
But when you return, the entire journey that should have shaped you is gone.
The first million, the grind to two, the expansion to five, the first house, the first dream purchase....all of it collapsed into an instant. The lessons those thresholds were supposed to teach you never got the time to sink in. You robbed yourself of the very climb that would have made the destination meaningful.
And that’s the best-case scenario.
But that won’t be your case. What happens in reality is that leverage becomes a compulsion. You keep pressing the remote. You skip over days, weeks, years, always chasing tomorrow’s fortune today.
Until there’s nothing left to fast-forward.
You burned your runway; the balance was just time, compressed.
That’s when you find yourself watching others who never touched the remote.
They stayed present for every lesson, every slow accumulation, every small failure that hardened into wisdom. They arrive with both the capital and the temperament to keep it.
You arrive with neither.
In Click, the remote is a curse because it deletes the texture of a life.
Leverage does that to money, it deletes the journey that builds judgment and character.
You think you’re buying speed, but you’re selling the only thing that lets you survive this game...the time to learn.
After 4 years, it's natural to focus on "the What"
but with everything I've witnessed,
I'd rather talk about "the Why."
Since the beginning, I always noticed people talking about hitting a certain number, so they can leave the space forever.
At first I didn't understand this.
Crypto is the future; crypto is where the greatest opportunities are; crypto is what provided you financial freedom. What would make you want to leave when you are successful?
A culture that promulgates this mindset has a predictable outcome.
Player versus player. Max extraction. Superficial, inauthentic relationships leveraged for personal profit. "Friends" discarded as soon as they are no longer financially useful.
The elevation of "main characters" who exhibit the greatest talent for grifting. Not building.
Mantras like "dump on bozos," "game is game," and even "everything is a scam."
All ignoring a massively underserved market.
A radical concept, something that others didn't seem interested in — putting community first.
Driving value to holders before founders, instead of the other way around. Not just in a one-time pump, but as the primary, long-term endeavor. With real, aligned incentives.
Prioritizing trust. Curating a community built on earnest, unfeigned human connection.
Building systems to reinforce the ultimate goal of enriching holders' lives, both financially and otherwise.
This is our WHY.
And all along the way, big players asked me:
"What's in it for you?"
"Why not just launch your own project? You could make so much money!"
The prevailing assumption here being that NOTHING matters more than money. So pervasive that people didn't even ask; so certain that greed rules us all.
The truth is that helping others is more fulfilling than helping yourself.
If you don't believe me, it might be because you haven't helped community members buy their first home, retire their parents, get life-changing medical care, and even, in many cases, stop them from taking their own lives.
Our KPIs aren't about me; they aren't about the project. They are about everyone who holds. And the ways in which value is generated for them.
Despite having done this better than almost anyone over the last 4 years, the job's not finished.
Our floor price is modest, our attention is modest, our ecosystem support is modest (on a good day).
But our community is extraordinary.
Our resources are extraordinary.
Our talent is extraordinary.
And so is our future.
When the scammers are done scamming, and the grifters are done grifting, we will still be here.
So when you see people say that they just collect Geckos, and that they stake them forever ...
Even if you still don't understand WHAT we do
Hopefully you understand WHY we do it.
I recently joined @BigBrainVC as an investor!!! I have big shoes to fill (@naman_kapasi lol) but super excited to invest in awesome deals.
If you or someone you know has a big brain and is starting a company, my DM's are open : )
Shoved SIZE into this DAT as well.
The mission is simple. Expand SOLs market and mindshare as wide as possible.
The more large SOL treasury vehicles and voices pushing SOL to the mainstream the better. 🤝
We are about to see a colossal DeFi renaissance on Solana
- Best market makers in crypto competing to death on Prop AMMs
- Orderflow game getting interesting with Jupiter, Phantom, Dflow, Titan
- New Solana DATs injecting billions into DeFi onchain
- TPU sending via RPC is getting better by the day
- Alpenglow reducing finality to 100-150ms
- Teams starting to CU golf to increase onchain velocity
- Stablecoin competition driving yield back to DeFi
- Tokenized stocks gaining more adoption
- Pump gaining more traction
- Trading bots like Axiom breaking revenue records
- Ptoken making token ops much more efficient
- New DEXes and stealth startups coming out soon
- App-controlled execution
- Price reflexivity via DATs multiplying all of the above
- All heading into Breakpoint in the Capital of Capital
big quarter coming up
My conviction in SOL has never wavered nor has my support.
Put 9 figures into this DAT. There is no better trio than @galaxyhq, @jump_ & @multicoin to push SOL beyond the native crypto audience.
SOL - 145B FDV
ETH - 551B FDV
SOL still looks cheap to me. HIGHER!
WHY WE ARE BUILDING THE APEX PREDATOR OF SOL DATS: $FORD
@Solana isn’t simply the best blockchain to serve as the backbone of global capital markets—it is the only decentralized network to date with the speed, scale, and architecture capable of absorbing the enormous throughput required to accelerate traditional securities markets on-chain.
The reality is, if crypto is to deliver on its promise, it must migrate the machinery of global finance on-chain, and only Solana today has the capacity to make that a reality.
That conviction drove us—alongside @jump_ and @multicoin, with legendary Sol investor @KyleSamani as chairman—to lead one of the largest PIPE transactions in history: a $1.65 billion investment in Forward Industries Inc. (Nasdaq: $FORD). This will create the world’s largest publicly traded Solana treasury company, a vehicle designed to prove at scale that Solana can power institutional finance.
Forward Industries is not merely an investment—it is a catalyst. Its mission is to accelerate institutional adoption of Solana as the core infrastructure of tomorrow’s capital markets.
This initiative is not about passive exposure. It is about leveraging institutional-grade infrastructure, deploying capital at scale, and demonstrating Solana’s unmatched ability to support the full spectrum of financial activity—from trading and settlement to staking, lending, and beyond.
Through Galaxy’s treasury management, Jump’s trading and next-generation infrastructure edge and Multicoin’s strategic depth, Forward Industries will accelerate Solana’s institutional adoption while win the race for Solana DAT dominance.
This is the beginning of a new era. The financial markets of the future will not be run on legacy rails—they will be built on Solana. Galaxy, Jump and Multicoin are leading that transition, and the scale of our conviction has never been clearer: the world’s capital markets are moving on-chain, and Solana will be their foundation.
2 years ago today I made this post...
I have heard from so many of you this post gave you the confidence to ape heavily into SOL at this time with me. 💜 My conviction in SOL remains unchanged. HIGHER!
Losses are unavoidable.
Went back through my journals to find an entry I wrote during one of my many losing streaks, because I wanted to share it with a great friend who’s going through a rough patch.
I’ll share it here as well.....
Journal Entry:
No matter how much skill you build, how much information you gather, or how much discipline you cultivate, you will encounter setbacks.
The goal was never to eliminate them.
The real challenge is becoming the kind of person who remains whole when they arrive.
Most people don’t break from the loss itself, they break from the story they attach to it. A red number on a screen, a failed deal, a missed opportunity....these are just events.
But the mind is quick to turn them into judgments: “I am incompetent,” “I’ll never recover,” “I am defined by this mistake.” That’s where pain lives.
Strength is not avoiding failure, it’s enduring it without collapsing into self-hate.
The market, like life, is ruthless in reminding us that identity cannot be built on uninterrupted success. If your sense of worth is tied to always winning, you’ll never last, because the moment you lose, you’ll lose yourself too.
The path forward is to learn how to separate outcome from identity, so that a loss is simply data, not a verdict.
True resilience isn’t about protecting yourself from falling; it’s about training yourself to rise without carrying shame. And once you understand that, losing stops being a threat....it becomes part of the process that sharpens you.
I personally cannot speak highly of @SOLBigBrain enough, from our earliest days as a research house to discovering where our passions lay he did not doubt us for one moment and instead gave us the space we needed to really cook.
we appreciate the support always boss 🤝
Tuesday Tip
Stress in trading is rarely a test of mental toughness. It is a signal that your position size is too large. When a trade dictates your emotions, you are overexposed, and exposure is the real risk.
Position size is the thermostat of your state.
It sets the temperature of your emotions and determines whether you can think clearly or react instinctively.
Professionals don’t aim to feel more....they aim to feel less. They calibrate size so decisions are guided by judgment, not by adrenaline.
Reducing size until a trade no longer hijacks your nervous system changes everything.
Your perception improves, decision-making becomes deliberate, and execution aligns with probability rather than hope or fear. You hold positions with discipline and exit with precision.
Smaller size doesn’t limit ambition, it just prioritizes consistency & compounding over drama.
Your edge is not just in your system; it is in the state you bring to it. State begins with size. Control is not about forcing emotion, it is about setting the right thermostat, creating conditions where your skill operates without interference.
The lesson is simple.....if your trades are controlling you, you are too large.
The moment your size sets the thermostat of your state, you gain true leverage over the market.
Always loved the @Primatesnft art even though it never really took off. I own a ton of them. So THANK YOU for the love and this sick 1/1. Love to see you all still active on the timeline. 🙏
Huge $JLP fan. It is the perfect token for someone who wants less volatility but still capture most of the upside. Check the chart. This is a great update. More JLP yield.
If you want to earn on your JLP, @DeFiTuna (port co) has a nice lending pool for it. Needs higher limits.