RT Ignas | DeFi (@DefiIgnas)$BASE would likely trade $3.9B - $7.3B FDV if valued at $ARB, $OP or $LINEA FDV/TVL multiples.That puts it far below $AVAX (~$14B), Hedera (~$12B), BCH (~$11B), $IP, $ENA, $UNI and others.Even with Base posting the highest L2 chain revenue ($5M last month vs $1.6M for Arbitrum), it’s not enough to command a big premium.If Base was an L1, valuation would be way higher. But they’ve been clear: Ethereum alignment is their priority.Clearly, L2 tokens are cooked.Where Base can stand o ...

Seriously, as DAT volatility collapsed, they are much less fun.plus, ETH DATs have still not opened the pandora box of debt. So they have more potential https://t.co/qmjQ0ueF8O ...

DATs running out of buying power as mNAVs collapse close to 1They should tokenize their stock so even crypto degens could buy DATs.It would create more arbitrage opportunities, thus volume, and more speculation. Plus bring volume onchain.InNoVaTion! https://t.co/2SlKdFgktD ...

Santander’s Openbank will offer crypto trading. Somehow $ADA and $LTC made the list, so it is fair to ask what their DD process is.They also plan to launch a stablecoin.Their "competitive fees" are 1.49%!In any case, crypto is winning and banks are catching up. https://t.co/8J8oXq9Dxd ...

RT Ignas | DeFi (@DefiIgnas)Top 15 tokenless projects I’m farming for airdrops right now: ↓ ...

$BASE would likely trade $3.9B - $7.3B FDV if valued at $ARB, $OP or $LINEA FDV/TVL multiples.That puts it far below $AVAX (~$14B), Hedera (~$12B), BCH (~$11B), $IP, $ENA, $UNI and others.Even with Base posting the highest L2 chain revenue ($5M last month vs $1.6M for Arbitrum), it’s not enough to command a big premium.If Base was an L1, valuation would be way higher. But they’ve been clear: Ethereum alignment is their priority.Clearly, L2 tokens are cooked.Where Base can stand out is the ecosystem moat:• C ...

RT Ignas | DeFi (@DefiIgnas)"We are going to explore a network token for Base."And here you have it. https://t.co/XHi9vcOnTb ...

RT Ignas | DeFi (@DefiIgnas)If Base is having a token, $USDH will have a token as well"We have no plans to issue a token." is a meme to take you away from the juicy airdrop.Hyperliquid https://t.co/KAd6cjVLk7 ...

Stablecoin Initiatives - Solana is considering a chain-native stablecoin, similar to Hyperliquid's approach [1] - The proposed stablecoin model involves a CDP (Collateralized Debt Position) mechanism with SOL as collateral [1] - The stablecoin should be overcollateralized, leveraging SOL staking yield to redistribute yield to borrowers and lenders [1] Risk Mitigation - The design emphasizes decentralization and aims to avoid the pitfalls of previous failed stablecoin projects like Terra [1] Potential Impact - The implementation could lead to significant "pumpenomics" (price appreciation) for SOL [1]

RT Ignas | DeFi (@DefiIgnas)Love the GnosisDAO initiative of gEURO:EUR pegged overcollaterlized stable on Gnosis Chain.- Backed by ETH, BTC + GNO assets- GNO used as collateral while staying delegatable (good pumpenomics & utility)- Yield-bearing: fees flow to holders & stability pool depositors- Tied to Gnosis ecosystem (Pay, RWAs etc).- Liquity v2 forkAsking just for $50k for audit + liquidity support (~$5M at launch)DAO would also get revenue share + 15% of any future token. ...