RT Ignas | DeFi (@DefiIgnas)MAKE L2 TOKENS GREAT AGAIN!L2 tokens are non-investible: low fee generation, no fee sharing, and governance is overvalued.Layer 2s should acquire as much $ETH as possible.It's the true Ethereum x L2 alignment:- L2 tokens act like speculative assets akin to TradFi Crypto Treasury Company stocks- They manage $ETH treasury, making governance meaningful- L2 tokens trade with $ETH price, aligning incentives but can trade at ETH reserve's premium.Current Layer 2 reserves are abysmal: A ...

I used to check tens of apps per day (before i got complacent and lazier), and invite codes was such a turn off ...

> some protocol catches my eye> want to try out> click the open app link> see "enter invite code"> closes the app immediately. Often unfollow protocolunless you're a truly popular, viral app, invite code loses potential usersThere're too many apps to try out already.I don't bother going to discord/tg to just try the appnairolf (@0xNairolf):invite codes are net negative ...

For crypto to pump, we needed fiat inflows into the ecosystem.For years, this role was filled by stablecoins.Now, ETFs and TradFi crypto treasury companies pump crypto without directly entering the crypto system.It's great for institutional investors who are bullish crypto but don't want to deal with onchain stuff and legal issues.It's the Great Tradfi x Crypto Merge.Interestingly, when money enters crypto ecosystem, these new holders used to chase yield in DeFi.But ETFs and Treasury Companies take that cry ...

As an Aave DAO delegate I voted yesBtw, if you hold $AAVE, feel free to delegate to me:0x3DDC7d25c7a1dc381443e491Bbf1Caa8928A05B0 ...

Kraken's $INK on the move again:Aave DAO voting to deploy Aave 3 on Ink but with a twist:- Unlike Aave deployments on other chains, Ink will have a whitelabel version, centrally governed by the Ink Foundation without a governance token- Name TBD but it will feature "Powered by Aave" branding- The Ink Foundation promises incentives including liquidity mining to bring over $250m in supply. An initial 4% of 'future governance token' supply is targeted for these incentives- Ink Foundation will make this their s ...

MAKE L2 TOKENS GREAT AGAIN!L2 tokens are non-investible: low fee generation, no fee sharing, and governance is overvalued.Layer 2s should acquire as much $ETH as possible.It's the true Ethereum x L2 alignment:- L2 tokens act like speculative assets akin to TradFi Crypto Treasury Company stocks- They manage $ETH treasury, making governance meaningful- L2 tokens trade with $ETH price, aligning incentives but can trade at ETH reserve's premium.Current Layer 2 reserves are abysmal: Arbitrum holds just $80M, and ...

Regulatory Framework - CLARITY Act establishes a "mature blockchain system" framework for lighter regulation of truly decentralized networks [1] - The Act suggests tokens initially sold as securities can transition to commodities if the underlying blockchain becomes decentralized [1] - Industry observers believe if passed, CLARITY Act would be very bullish for crypto [2] Decentralization Assessment - Sources indicate Bitcoin, Ethereum, and Litecoin meet the criteria for decentralization under the CLARITY Act [1] - Solana, Cardano, and BNB Chain reportedly do not meet the decentralization criteria due to foundational control [1] - The report raises the question of how regulators will evaluate decentralization [1]

RT bougie (repentance arc) (@bougie0x)A little late but this is actually a very interesting take.It would mean that governance tokens of L2s would follow ETH price + it would permit you to leverage the sequencer revenue on top of the ETH exposure.$ARB currently has a $2.3b mcap while having only $30M of ETH.For $OP it's even worse, it has a $1.2b mcap while having as low as $200k of ETH(ouch).It will finally allow for L2 tokens to be investable even though it will hurt a bit at the beginning. Being dumped o ...

RT Ignas | DeFi (@DefiIgnas)Maybe I'm becoming more risk-averse but I want more certainty on $HYPE future supply.- Team unlocks of $460m PER MONTH start in November. What will happen to these tokens?- 38.9% is TBD. 2nd, 3rd, 4th airdrops coming? To whom? Whales, HyperEVM users?In both cases I have 0 control on the decision taking. And someone will know about it before me.I bet my future airdrops wouldn't overweigh the dilution due to airdrops as MMs and whales will get most of the airdrops.Or maybe not? The ...