Andy
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Andy· 2025-08-07 20:47
Tokenomics & Capital Allocation - Buybacks are not a novel concept, but the focus should be on reinvesting capital into business growth rather than token buybacks and burns [1] - Hyperliquid's success highlights the importance of a profitable product beyond the early stage before launching a token [1] Early Stage Protocols & Growth - Early-stage companies should prioritize achieving product-market fit (PMF) and generating fees before considering buybacks [2] - The industry is making a mistake by pushing early-stage protocols to conduct buybacks [2] - Protocols need to prioritize growth, as no startup, whether centralized or decentralized, can succeed without it [3]
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Andy· 2025-08-07 18:28
Once again, the "token is the product" folks are being proven correct.In this case, the launch of Chainlink reserve creates a strategic reserve of $LINK and becomes a blackhole for some % of the supply.In today's market more than ever, you need to give people a real reason to hold the token. Chainlink struggled with this for awhile "its the coin that everyone knows is super legit and important tech, but the token is not correlated to their success really outside of pure memetics" was the sentiment.Good to s ...
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Andy· 2025-08-07 00:17
Crypto Treasury Assets - The company tracks 13 crypto assets in treasury holdings, including BTC, ETH, XRP, SOL, BNB, HYPE, LTC, ENA, TON, TAO, TRON, SQD, and SUI [1] - The company predicts the number of tracked crypto assets will increase by approximately 92% to 25 by the end of Q3 2025 [1]