WeShall

Permissionless Tech & Spirit of Wagnamitude
Be Wagnanimous! Spread Wagnanimity

[WeShall @weshallwagmi]

The need of the hour is non-censorable media and credibly neutral blockchains are the only foreseeable solutions
@fundstrat
@ethereumJoseph
@KyleSamani
@mehdirhasan
@cenkuygur & @AnaKasparian
@IanCarrollShow
@TCNetwork
@TheYoungTurks
@RealCandaceO

[WeShall @weshallwagmi]

Given the censorship regime, the govt. and corporate boot on media's freedom, it is incumbent upon blockchains like @ethereum and @solana to create a credible neutral social graph with a MVP app. This should not be done by a company or decentralized app that can be censored.

[Megatron @Megatron_ron]

NEW:

🇺🇸🇵🇸🇮🇱 YouTube and Google are capitulating to Trump Administration demands to remove anti Israel videos and documentaries off the platform.

More than 700 videos documenting Israeli war crimes have been removed according to The Intercept.

Google confirmed the videos were removed as a result of State Department sanctions against certain pro Palestinian groups.

[WeShall @weshallwagmi]

A Social Media solution on @ethereum & @solana Mainnet minimally maintained by foundation then built upon & enriched by different apps can serve the needs for independent voices of the left & right without any fear of intrusion, oppression & manipulation.

[HashSpike @hashspike]

Speculation station:
I think the @DromosLabs and Circle connection runs WAY deeper than we realize. At the very least, Dromos will be one of the 2-3 primary DEXs on Circle's Arc (its new L1 blockchain for stablecoin finance), or in the best case, it would be fully integrated as the primary DEX/liquidity hub into Arc's vertical stack, just like @AerodromeFi is on Coinbase's Base.

Why do I think so? Let's unpack the indicators 🧵

[WeShall @weshallwagmi]

Chain expansion is not the answer. Show us User Adoption, Engagement, Appetite! Show us liquidity and volume, show us price stability and transparency.

[xStocks @xStocksFi]

More tokens
More users
More chains

Can you guess where we're going next?

[WeShall @weshallwagmi]

Because they struggle with the idea that Gold has now outperformed BTC for 3 years in a row

[Bluntz @Bluntz_Capital]

why do crypto bros keep calling tops on gold every day? srs question

[WeShall @weshallwagmi]

Why have @coinbase & @binance not listed #FARTCOIN? Millions in revenue forgone just because it is a premier memecoin of enemy chain $SOL or is this because they do not want to attract negative publicity. #FARTCOIN is not like $HYPE🙄🤔 Why forgo retail engagement & adoption

[WeShall @weshallwagmi]

Aside from liquidity
Give me one real reason $CHF Swiss France is not better currency than $USD
You can't
Give me one real reason $BTC is not better money than Gold
You can't

[Guy @Credib1eGuy]

Aside from liquidity

Give me real reasons $ETH is a better technology than $SOL

You can’t.

[WeShall @weshallwagmi]

Speaking as someone who has a bigger $SOL bag compared to $HYPE. Value dynamics dictate there is more upside to $HYPE bcuz more revenue than $SOL and great UI/UX. $SOL does not have a comparable app. One app will lead to adoption of 10 apps or an ecosystem not the other way.

[WeShall @weshallwagmi]

Per Fat App Thesis, it is more likely that new "monetizable" trends emerge on Hyperliquid $HYPE more than $SOL. Strong community. Massive TAM. Volumes and Users on real "stuff" not $PUMP BS + amazing value capture with Fees on stablecoins.

[Jon Charbonneau 🇺🇸 @jon_charb]

the simplest long-term bull case for SOL is that whatever the next big new trend is, it will probably happen on Solana

whether its creator streaming, collectibles, onchain equities, next-gen prediction markets, or whatever else, its just the best place to build apps today

[WeShall @weshallwagmi]

Cryptardio: just 7 days ago they were afraid the top was in.

https://t.co/EfG3hZgieC

[Ansem 🐂🀄️ @blknoiz06]

crypto will be the most transformative technology of this decade, moreso than AI, and is still overwhelmingly underpriced relative to the existing giant corporations in tech

the FAANG trade of the early 2000s is occurring right now with blockchain startups

$HYPE
$SOL
$ENA
$PUMP

[WeShall @weshallwagmi]

$USDH is such a big deal is because the app has more revenue than $SOL/ $ETH combined; is about to have a $800M DAT on a $15B MC $HYPE. And $HYPE the semi-centralized app can just swap the $5B USDC on the app with $USDH. Whatever is chosen will instantly become the next $ENA

[WeShall @weshallwagmi]

Like the idea for my $SOL bags but $USDC brand recognition on $SOL is so huge that $USDT got no adoption and despite multiple attempts and heavy incentives $USDG, $PYUSD, $USDS etc. What leads you to believe an enshrined coin will get the adoption when most LPs are in $USDC

[WeShall @weshallwagmi]

You cannot just replace all the LPs overnight or even over a quarter. NGH: especially when all these coins will already be present.

[WeShall @weshallwagmi]

Like the idea for my $SOL bags but $USDC brand recognition on $SOL is so huge that $USDT got no adoption and despite multiple attempts and heavy incentives $USDG, $PYUSD, $USDS etc. What leads you to believe an enshrined coin will get the adoption when most LPs are in $USDC

[mert @mert]

Look, this is going to happen. It is the most insane no-brainer in Solana history.

Stablecoins are commodities, and currently on Solana, there is one that captures all yield and literally funds Solana's biggest competitor with it!

With the Genius Act, these things are commodities; you can swap them for each other — why are you getting taken advantage of?

Hyperliquid just showed how far these companies are willing to go to win business; they are literally playing The Bachelorette for fund managers.

Solana can command the same and more.

If you don't want to enshrine a Solana-centric stable, then consider digital asset treasury companies (DATs).

There are all these Solana DATs out there and in progress, with size.

The DAT is literally a machine for buying the underlying token.*

Assume a Solana DAT runs a Solana stable, call it USDmanlet.

USDmanlet earns yield. The DAT takes all the yield and buys SOL with it. So if you're using USDmanlet in your pools, you're inherently generating SOL rev.

And more interestingly, you can work with the app layer to embed it in the ecosystem and take the yield and pump it back into the ecosystem apps or into burning SOL.

It is currently doing *nothing* (except funding Base?).

And you don't even need to enshrine it, you have all these issuers and DATs — let them compete.

If you're an existing stable issuer on Solana, I suggest you proactively get ahead of this by upping the ante.

*(and no they don't have to get silly assuming the mnav multiple is actually kept at bay by a non degenerate board)

[WeShall @weshallwagmi]

@ethzilla can acquire stake in different DEFI protocols: @compoundfinance & @CurveFinance by providing liquidity & lending to generate more yield. But also by delivering the yield on @ethereum. @rleshner get $ETHZ holders onchain to claim yield. Lobby for new laws.

[WeShall @weshallwagmi]

$BMNR, $SBET, $ETHZ should not just continue accumulating $ETH without paying dividend to holders. Ideal thing would be to give yield in $ETH not USD--would lead to the largest onboarding event in history for their chain and DEFI apps.

[WeShall @weshallwagmi]

$SBET can turbocharge the $LINEA ecosystem & @MetaMask adoption by forcing users to claim yield onchain. Does not matter if they sell for USD; point is to get users onchain & recommend apps for gen. more yield. @sharplink lobby for legal ways to do this w/ @ethereumJoseph

[WeShall @weshallwagmi]

I remember @honey_xbt posting several times (CT love for claiming clout and taking premature victory laps is legendary). But thank you @krugermacro for reminding

https://t.co/As0mBwA0Qt

[Alex Krüger @krugermacro]

Who remembers the September Seasonality scarecrow and all the people who said to sell because September is supposed to be a horrible month?

September 1st was the bottom

[WeShall @weshallwagmi]

True that $ETH community was caught porn-gazing the burn (revenue surrogate and fees) during the last cycle, but so did $BTC during the block-size wars--abandoning its Payment ethos for store of value. Narrative evolve.
$SOL and $HYPE have been consistent though

[AJC @AvgJoesCrypto]

Overwhelming response from the Ethereum community has been that revenue is not an important metric.

Although I disagree with that premise, perhaps they are right.

However, I do feel it necessary to point out that this is a complete change in thinking from how the Ethereum community has previously thought about revenue.

Revenue was so important, actually, that Bankless previously pointed out that Solana was not sustainable and must increase block sales (revenue).

Is revenue truly no longer an important metric, or did the revenue numbers get so bad for Ethereum that it’s no longer a useful narrative?