The future of finance

Jeff Bezos is worth $238 billion, even though Amazon has a $2.6 trillion market cap. In other words, he’s created $2.4 trillion of value for other shareholders—plus trillions more for employees, customers, suppliers, governments, and other stakeholders. Jensen Huang is worth $164 billion, while NVIDIA’s market cap is $5 trillion. That’s $4.8 trillion of value for other people (not to mention the immeasurable value created for non-equity stakeholders). Larry Page and Sergey Brin? $300 billion vs. $3.3 trillion. That’s $3 trillion of value for everyone else. And remember how bad search was before Google and how clunky email was before Gmail? Mark Zuckerberg? $248 billion vs. $1.8 trillion. The list goes on. There are hundreds more examples across technology, energy, medicine, manufacturing, and every other industry that keeps the American economy running and our society flourishing. Billionaires don’t extract value from the rest of us. They create value FOR the rest of us, in exchange for just pennies on the dollar. We should be grateful for every last one of them.

Never catching a break while in crypto, god damn.

Time to do dive back into $TAO subnets.

Keep sleeping on $TAO and subnets.. You'll just regret it later.

Working while all your friends are on holiday really ain't a vibe.

I was gonna say GM, but I take it back, wtf.

Probably one of the most severe flushes I’ve ever seen on alts, I didn’t even imagine alts had this much leverage in them. It feels like someone got hit very hard and will see a large body float to the surface soon, reminds me a little of summer 2021. Good reminder to myself to own things that I am actually bullish on, and not things I am trying to shift on momentum. Some charts look like they’ll never recover, whereas some things look buyable for the first time in a while. When everyone is making hilarious amounts of money I am always tempted to start using leverage again. It is almost impossible to fight the feeling that you’re not making enough, or everyone else is outpacing you. Good reminder that fighting that feeling and avoid the wipeouts is worth it in the end. Check on your friends, likely a bad day for many. Personally, am concentrating my bags into the things I am happy to own for the next few years, and shedding the fat. Realised I own some assets based on not wanting to miss out, rather than on some actual thesis. Days like today are much easier for me if I think my bags will bounce back, and much worse if I’m losing money owning things I don’t even believe in. Don’t let a leverage blowup dictate your long-term views. The future is bright, good things to come, patience is rewarded. 嵐の後

Never expected running your own business to be so stressful. Always new problems.

@codehans1 just dropped another alpha and it got me tremendously excited.. 🧵@RujiraNetwork is Building an Ethena Style Stablecoin But With Multiple Times Its Potential. 1/ Ethena showed the power of delta-neutral stables. what if you could tokenize any trade… …and turn funding rates into a decentralized monetary policy? That’s exactly what @RujiraNetwork is building. And it could be one of the most powerful primitives this cycle 🧵👇

#PeckShieldAlert #GMX Exploiter has returned a total of $37.5M worth of cryptos, including ~9K $ETH & 10.5M $FRAX to the #GMX Security Committee Multisig address

Today is the day! 🎉 Estimated at 15:45 UTC (you can check the latest estimate here: thorchain.net/network/churn), the Base Layer pools on @THORChain will churn, and the RUJI/RUNE pool will go live, officially kicking off trading for $RUJI. Here is what to expect once the pool activates 👇

⚡️Expanding The Revenue Streams So far, @THORChain’s primary revenue has come from native swaps, yet in a fast-moving and highly competitive crypto environment, swap fees alone just aren’t enough to sustain long-term growth. ThorFi was an early attempt to activate idle assets, but the hard-coded design struggled to scale and brought in added risk to the base layer. But @RujiraNetwork is here to change that. Why? Because it unlocks an entire ecosystem of DeFi Apps (orderbook, lending markets, perps, launchpad…) all built around native assets. These apps generate fees, spreads, and yields that flow directly back into the network. Keep this in mind: Rujira doesn’t extract value from the base layer, it creates value for it.

Introducing: GMX Express. A major upgrade to the onchain trading experience, now live on @Arbitrum and @Avax. GMX Express delivers a faster, more reliable, and frictionless way to trade — even during periods of high network congestion. Here’s all that it offers users 👇 1/7 🧵

RUJI Trade and Pools contracts are live on Mainnet! Just a bit more testing with real money, then we will work with @NamiProtocol, @AutoRujira and @LiquidyFinance to migrate their liquidity, and then it is launch time!🔥

As Express soft-launched a few days ago on GMX, let me introduce you to what this means for on-chain trading and the future of GMX, as well as how it empowers the new One-Click Trading (1CT) functionality on GMX. $GMX $ARB

#Chutes just processed 90 billion tokens in a single day With total token usage now approaching 3 trillion Decentralized AI is going mainstream 🔥 $TAO

Such a beautiful graph tbh

On-chain TWAP orders are now live on $GMX. Use TWAP orders to scale in or out of positions with minimal to zero price impact.

The $RUJI merge exchange rate starts to decay in 9 hours. By the 1st June, the merge will get you 8% fewer token than if you merge today. Don’t delay. Search your wallet and convert / merge all you can ASAP. No $KUJI network user left behind!