Partner at @RockawayX | Previously data science and financial services
stuck in mempool
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This is amazing. Now let's get Solana natively on iPhone as nobody is switching to Samsung.
BREAKING: Samsung Wallet now holds stablecoins.
U.S. Galaxy users can buy, hold and send USDC on @Solana from the wallet built into their phone, on about 82 million compatible devices.
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Axi◎m retweeted
The Democrats have solved the inflation problem in 24 hours:
Everyone is poor now.
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I tend to repeat myself. Solana on top.
October is in the books. Solana founders led all other chains in app revenue... Again.
That's Solana dominance in 24 of the last 25 months... Wow.
& please check my second chart. This more or less holds over time even when you remove Pump.fun
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Trump promised crypto voters clear rules and still hasn’t delivered the CLARITY Act and instead delivered on WLFI and TRUMP memecoin.
This is a big opportunity for democrats. They don’t need to love crypto. Just be fair and consistent. Learning from the past vote where being anti-crypto was cost them presidential election. With a neutral plan, and the presidential election is up for grabs.
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Crypto teams have 2 year opportunity to embed themselves into the financial system so they cant be removed or replaced.
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The democratic sweep was a well telegraphed event. Nobody is surprised.
Time to go back to building. Markets will continue to go up.
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We need more leaders like Michael in defi. Making difficult decisions. Clarity on strategy and complete alignment on incentives. Onwards.
Today, I’m sharing my first letter to the KMNO community as CEO
Since joining @kamino , I’ve been asked a version of the same question by longtime KMNO holders and people getting to know us for the first time. As Kamino grows, where does the value we create go?
It’s a fair question, particularly as we work to bring Kamino into banks, brokerages and wallets, through which our goal is to allow millions of people to earn on their capital or borrow against assets they already own.
The answer starts with how Kamino was built. The Kamino Foundation owns the intellectual property and receives all revenue, including revenue from institutional partnerships. KMNO is the only token. The founders, our investors, the team and I have our upside tied to the same token our community holds. None of us has a separate equity allocation.
What we do with the revenue matters, too. We’re committing at least $20 million over the next two years to expand the assets people can use on Kamino, and bring Kamino's credit and liquidity infrastructure to more of the platforms consumers already use today.
I wrote my first letter to KMNO holders to put those decisions on the record. I also share why I chose to make most of my own KMNO allocation vest only when it reaches and sustains a series of valuation milestones.
One Kamino. One KMNO.
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Axi◎m retweeted
look the foundational problem with ethereum protocol design is that most of the people designing the protocol don't actually use ethereum themselves. you can't fix the right things if you don't use your own fucking product. you don't have enough skin in the game if you don't personally depend on the system you're designing & stand to lose money when it breaks. i understand, everything looks great from an ivory tower lol. things look very different when you're actually on the ground dealing with the consequences. if you don't use ethereum yourself but still think you're qualified to design its protocol, you're playing god with a system you don't have to live with and whose consequences you don't have to suffer.
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