Somewhere out there is a trader with a years-long leveraged long on TRX.Just eating in silence. https://t.co/g428EWurw1 ...

Reminder that Cap is the only type-3 stable in the market and entirely synergistic with with USDm.User will want (and need) both,Benjamin | cap (@Benjamin918_):Make all the tbill wrappers you wantWe'll add them as collateral for marginal yieldCap ...

People aren't grasping the difficulty and risk of unwinding established stables from mature ecosystemsUsers and protocols unwinding millions-to-billions of dollars in positions/liquidity, to then be rebuilt is risky af.USDm day 0 for Mega is massivehttps://t.co/ua4jE2H0ST ...

Lower producer inflation sends markets https://t.co/G8V7ZAUvHl ...

Timeline cleanser for you.Some doggo flops on our walk today https://t.co/evj9RsIvKG ...

Literally the same time I posted about it (Aug '23).I was deep in Friendtech trenches and Hyperliquid was the only place you could speculate on an index against keys.Faded because "I'm not a trader." 💀 https://t.co/OuKNGoYTceAndy (@ayyyeandy):My biggest regret of the last few years is when I was looped into a gc with Hyperliquid team in August 2023 and faded it for a whole year.8-fig fumble...https://t.co/bUQUtwNP3q ...

"fuck these guys. if you’re a founder, don’t build on ethereum"The literal best part of this rant is that whether or not you're "aligned" or not literally doesn't matter.It's a permissionless chain.If Ethereum provides the best services for another chain (DA, liveness, whatever) you just buy those services regardless.I promise Blast as an ecosystem failing had nothing to do with Ethereum people giving him shit for having a pre deposit contract.It was probably the litany of other things that destroyed his go ...

For whatever reason, DePin and consumer categories largely have been off Ethereum and the EVM.We're changing that.Some of these get weird, which I'm particularly excited about.MegaETH (@megaeth_labs):Introducing the first batch of MegaMafia 2.0.More apps, more bangers, and more ways crypto goes mainstream.Read the philosophy of building out this cohort from @amiralmaimani, then meet our new apps. (thread) ...

RT brother bing / 饼兄 Σ: (@hotpot_dao)give people what they want in 20 mins( batch 1 incoming) ...

Stablecoin & Seigniorage - MegaETH is utilizing seigniorage, similar to the US Federal Reserve, to potentially reduce costs [1] - Ethena generates revenue through USDtb reserves, primarily backed by BlackRock's BUIDL fund, USDC, and USDT, having already provided $25 million in revenue [2] - MegaETH's USDm stablecoin aims to redirect seigniorage earnings from its reserves into sequencer operations [3] Market & Revenue Potential - USDm will compete with USDT0 and cUSD, potentially capturing around 7% of MegaETH's stablecoin market share [4] - With a short-term total stablecoin market cap on MegaETH between $3 billion and $5.8 billion, USDm supply could reach $210 million to $400 million [5] - At a 4.5% BUIDL yield, USDm could generate $10 million to $20 million annually for the network [5] - MegaETH has the potential to generate revenue comparable to Arbitrum ($20 million annually) by issuing a native stablecoin [5]