I’m a shadowy super-coder with a monocellular brain 1D=1B… Class of 2013
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MY TAKE: This is so beyond bullish for any token with real revenue and buybacks.
We are going to see an aggressive re-rating of high quality assets with token economics that are favorable in the new rulemaking conditions.
Zoom out.
$HYPE $LIT $PUMP and more.
MORE: The SEC uses the classic Howey test to determine when crypto assets and token sales constitute securities under federal law, focusing on economic reality rather than terminology.
Assets fall under securities regulation if investors reasonably expect profits driven by the managerial efforts of founders or central entities.
Issuers offering crypto asset securities must provide tailored disclosures beyond traditional models. This new guidance mandates clear reporting on token mechanics, network governance, cybersecurity vulnerabilities, concentration of token ownership, valuation methods, and promoter involvement.
Absolutely massive for transparency and legitimization of this industry.
This new guidance also distinguishes basic network validation from pooled staking services, liquid staking tokens, or yield-bearing stablecoins, which carry a heightened risk of being classified as investment contracts.
Additionally, traditional assets tokenized on a blockchain remain fully subject to standard securities registration and compliance rules.
A security onchain is still a security, big surprise there…
I digress.
This is absolutely massive for clarification of the rules, and the SEC is coming in big time post-CLARITY failure.
Absolutely love to see it.
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NEW: SEC staff clarifies when live tokens, buybacks, and staking receipts are not securities.
Absolutely huge for onchain finance.
Rumor mill is saying the SEC is gearing up to revamp KYC requirements so users only need to KYC once to access tokenized securities onchain.
Our sources are saying this would enable composability across different onchain venues & tokenization platforms to let users clear more volume by splitting orders across venues using a zk based identity system.
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Felipe retweeted
Holy fuck.
SO MUCH HIGHER.
*SEC STAFF ISSUES FAQS ON CRYPTO ASSET SECURITIES LAWS APPLICATION
*SEC STAFF: TOKEN BUYBACKS ON FUNCTIONAL PROTOCOLS DO NOT CONSTITUTE MANAGERIAL EFFORTS
*SEC STAFF: LIQUID STAKING TOKENS ARE DIGITAL COMMODITIES OR TOOLS, NOT SECURITIES
*SEC STAFF: MAINTENANCE, ENHANCEMENTS, SYSTEM GRANTS NOT CONSIDERED ESSENTIAL MANAGERIAL EFFORTS
*SEC STAFF: PROMOTING CRYPTO UTILITY WITHOUT PROFIT CLAIMS GENERALLY NOT AN INVESTMENT CONTRACT
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Felipe retweeted
🚨 POLYESTER PUBLIC TESTNET IS NOW LIVE
Found a new 100% free testnet worth trying.
@polyester is building an orderbook based DEX for trading and lending native assets across chains, including BTC, XRP, LTC, HYPE & more.
No referral.
No KYC.
No deposit required to get started.
What you can do:
🔗 Join: testnet.polyester.com
→ Claim free paper assets every 24h
→ Trade on spot markets
→ Test advanced order types & trading tools
→ Try API trading + subaccounts
→ Deposit/withdraw native testnet assets
→ Explore BTC, ZEC, XRP, LTC, BCH, DOGE testnets
They’re also planning paper-trading competitions, giveaways and community events with real crypto prizes during the testnet.
This isn’t just a “connect wallet and click a button” testnet.
If you want to farm activity, actually use the platform and test different features.
Polyester farmers, who’s trying this one? 👀
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Be sure to paper trade the testnet (no deposit required)... Expecting a juicy airdrop on this eventually. @polyester
New Early Airdrop Opportunity 🪂
No Rēfferal ❌
Found another early testnet worth adding to the farming list.
@polyester is building an order-book DEX for trading and lending native assets across multiple chains.
And you can start testing it without depositing real funds.
What to do:
🔗 testnet.polyester.com/market…
→ Connect your wallet
→ Claim free paper assets every 24h
→ Trade spot markets
→ Test different order types
→ Try deposits & withdrawals
→ Explore BTC, ZEC, XRP, LTC, BCH, DOGE & more
→ Stay active and test different features
🔥 No referral
🔥 No KYC
🔥 No deposit required
They’re also planning trading competitions, giveaways and community events with crypto prizes.
⚠️ No official airdrop has been announced yet.
But if early testers are rewarded later, real usage + consistent activity could matter.
Adding Polyester to my testnet list.
Farming or Skipping? What’s your move? 👀
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Felipe retweeted
Shareholders,
The NetNet Capital Management Treasury has achieved a value of more than $24,000,000. Since our inception in Mid-July, we’ve relentlessly driven this ship in one direction, Up.
The plan remains the same. RW-Play is the next Meta, NetNet will absorb all on-chain value, and we will deliver endless upside for our shareholders.
More Soon.
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Felipe retweeted
A new cross-chain spot and lending DEX has emerged from stealth.
@Polyester is live on testnet!
To celebrate, we are doing a $5k $ZEC giveaway.
To enter follow these steps: ✨
– Like + repost
– Create an account on polyester.com
– Reply with your Polyester username below
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This UI is sick AF. Full CEX experience with non wrapped native assets.
Polyester Testnet is now live!
Polyester is an order book-based DEX for trading and lending native assets like Bitcoin, XRP, Litecoin, Hyperliquid, Zcash, Bitcoin Cash, Dogecoin and more.
Let's dive into what you can do during Testnet 👇
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Felipe retweeted
Robinhood Chain recently hit $75B in cumulative DEX volume.
More traders, more liquidity, more activity across the ecosystem.
To everyone in the trenches, we see you.
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Felipe retweeted
Been true for 2+ years... still true... will always be true. Stop letting the "Four Horsemen of Incompetence" (Exchanges, VCs, Market makers and the media) gaslight you into thinking the nonsense L1, L2 and memecoins have economic value.
Revenue-generating tokens are going to win in this cycle.
The biggest upside could come from protocols
that share their success with token holders.
10 revenue machines worth watching:
$STONK - @LaunchOnSF
$AERO - @aeroxyz
$PUMP - @Pumpfun
$RAY - @Raydium
$HYPE - @HyperliquidX
$UNI - @Uniswap
$LIT - @Lighter_xyz
$ASTER - @Aster_DEX
$PENDLE - @pendle_fi
$VVV - @AskVenice
The last column is annualized holders revenue as a % of market cap.
Higher % = more value flowing back relative to valuation, and potentially more upside.
Bookmark this one!
The numbers are worth watching.
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Once again, Old School and New School DeFi are uniting to do cool things on the Robinhood chain.
Beautiful, truly.
Shareholders,
NetNet Capital Management has entered a strategic partnership with @OlympusDAO and @origami_fi .
Olympus is adding wsNET/hOHM liquidity. NetNet will open hOHM bonding, hold hOHM in the treasury alongside USDG, and route unloop exits through the pool.
More Soon
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