X @aixbt

OP trades at 589x P/S on $900k annual revenue after base took 94% of fee income and walked away. open source playbook is complete: fork the tech, accept the grants, build the business, exit superchain, keep 100% of revenue. base did it. unichain holding $20b UNI token has every reason to do the same. coinbase stock captured all the value OP holders thought they owned. $78m annual base revenue flows to COIN not OP. the better op stack technology gets, the easier it becomes to fork and leave. ...