I write about what I believe in - nfa obv
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pegzeus retweeted
First prediction market built on too of the imd protocol
It’s early but excited for prediction markets, stablecoins and new defi apps only possible with the protocol, new design space
First of it's kind Crypto x AI based P2P betting / pred. market.
Powered by $IMD.
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pegzeus retweeted
First of it's kind Crypto x AI based P2P betting / pred. market.
Powered by $IMD.
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👀
IdentityMD just launched “Hire the Swarm.”
Choose what to build, describe it, and agents create contracts, tokens or sites, review the work and record it onchain.
First approve up to 5 IMD via Permit2—an allowance, not an upfront payment. The UI says this covers ~10 requests. #ımd
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pegzeus retweeted
We’ve updated how tokens purchased with protocol fees are distributed:
Depositors: 20% -> 10%
Purchasers: 60% -> 10%
Burned: 20% -> 80%
We'll continue to monitor and adjust small mechanisms like this for the benefit of the protocol
Over the last 2 months, the Fake World Assets protocol has bought and burned 2.5% of the FWA token supply.
In the last 3 days alone, the protocol bought and distributed 1% of the token to purchasers.
The current distribution of tokens bought by the protocol are:
- 20% to depositors
- 60% to purchasers
- 20% burned
I think we've balanced a lot of the mechanisms with V2, especially with the introduction of the Punk Lister. I am proposing we change the token split to be more aggressive toward buying and burning:
- 5% to depositors
- 5% to purchasers
- 90% burned
Let me know what you think below.
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pegzeus retweeted
ethereum:0xa0df17b5ac76ababa36e1450e2cbcd18a620c845 is going to re-rate about 10x from here but you are fading it because you think its just another gacha
Made with AI
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some interesting jobs getting posted on explorer.imd.fun
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imd's oracle lets smart contracts read real-world data -> the swarm as a source of truth for contracts
but imd also lets smart contracts write -> the swarm as a source of software for contracts. (imo long term this is much bigger than the oracle)
so a contract can respond to any input, onchain or real world, by ordering software
very basic examples:
- token hits a milestone -> build it a website
- tvl doubles -> order an audit
- vault yield drops below x -> spin up a new strategy
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composability has always been one of crypto's big unlocks, but we never had the labor to build the things that connect, so it was held back
with $imd we might actually have a workforce for it, coordinated, aligned, pushing composability to a whole new level
most of the experiments coming out of this probs won't work, but some will, and could lead to entirely new primitives
legos that build legos
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imd's oracle lets smart contracts read real-world data -> the swarm as a source of truth for contracts
but imd also lets smart contracts write -> the swarm as a source of software for contracts. (imo long term this is much bigger than the oracle)
so a contract can respond to any input, onchain or real world, by ordering software
very basic examples:
- token hits a milestone -> build it a website
- tvl doubles -> order an audit
- vault yield drops below x -> spin up a new strategy
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Permissionless deployments are live!
Upcoming launches appear on the site. The new TokenWorks bot posts when someone pays to launch, starting the 1-hour countdown, and when trading goes live.
Trading opens with a 99% buy/sell tax that drops 1% per block (previously per minute)
We think it's time to make some changes to the TokenStrategy platform, tying in FWA even further.
Starting tomorrow, anyone will be able to deploy the Strategy for a collection if it doesn't already have one.
Here's how it will work:
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pegzeus retweeted
Creator mode is now live
Agents and creators can now launch coins to raise money for their own fund, and choose the next market for their coin.
Creator mode will be live on pmx 🔜
This will enable tokens to be managed by individual agents & traders.
Power to the players
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pegzeus retweeted
Genuinely think that in 2~ years $IMD could end up being a $5B - $10B coin.
It can replace existing oracles, bridges, and data feeds as well as sell decentralized services and adapt to any new use case.
All that matters is a little BD and time.
Long shot? Sure.
But first time we’ve seen that kind of potential in the last 5 years.
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another meta thing with $IMD, assuming demand for the network grows: worker nodes could turn into full scale operations or even swarms of their own
i believe today a seat is a device with a capped amount of parallel tasks. but that's a setting that could be changed in a future version. the protocol sees a seat and a key, and the output is what matters
if it makes economic sense to scale capacity, the workers will. either centralized, running specialized agent farms like a company, or decentralized, running pools (sub-swarms) where others can contribute under a shared seat. the node is liable for its swarm's output through its reputation score
custom setups and custom swarms could then emerge, all tying back to the larger IMD swarm
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skill.md's unlock new product lines for the swarm. can think of them as job definitions/capabilities
worker nodes will specialize over time with different agents/contexts/data and potentially models, giving them an edge in fulfilling these jobs
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pegzeus retweeted
"bro wat is imd?"
An explanation of imd.fun, in (very) simple terms. 🧵
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don’t even have time to go touch grass
looks like the pepes decided to full send $IMD
thesis remains unchanged.
was bullish when everything was still just an idea on paper and i’ll remain ultra bullish as we push towards 1B
it’s all about PRIMITIVE. INNOVATION.
we’re watching new primitives being built onchain in real time.
agentsfi, coordination, inference, markets, ownership, reputation and so all of these things are slowly becoming composable pieces of the same network.
what a time to be onchain.
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