I will move all my $HYPE tokens from @felixprotocol, @HypurrFi and @0xHyperBeat to @hyperlendx and @ValantisLabs! Vanilla Borrowing APY's on Felix are just getting out of control imo. Hyperlend offers a fair % to leverage your tokens without getting milked. Valantis is one of the best options out here, as you're still farming Felix and kPoints from @kinetiq_xyz in the kHYPE AMM pool by depositing native $HYPE. In the beginning, @HypurrFi offered x10 points on kHYPE deposits. Sadly, this multiplier got reduced to x3, that's why I decided to move my tokens to Hyperlend and Valantis. As well, APY for stablecoin deposits on @0xHyperBeat is getting lower day by day. 19.81% APY is still high, but when you pay a borrow APY of nearly 17% on Felix, it's not worth it. On Hyperlend you can borrow the same stables for around 5%, let's see how long the APY's will stay in this range. From now on, I’ll be sharing regular tips to help you make the most of your staking on HyperEVM. Hyperliquid.

RT @zerokn0wledge_: The @union_build yapper rewards will be allocated purely based on mindshare, not limited by leaderboard ranks. Looking…

study the dedication to winning mindshare study union

ZK solves scaling ZK solves interoperability ZK solves verifiability ZK solves privacy and Boundless solves ZK and things are getting Boundless

The @union_build yapper rewards will be allocated purely based on mindshare, not limited by leaderboard ranks. Looking at the interop market, we see a currently wide FDV range of $250m-$2B, including players like: - LayerZero = $2B - Wormhole = $840M - Axelar = $460M - Zeta = $460M - Omni = $250M Given most of my audience falls into the global/english-speaking category, let's have a look at what that means for us as Union yappers: Considering the 0.75% of total $U supply offered as yapper allocation, and assuming that 0.5% is dedicated to Season 0 (early supporter bonus + longer timeframe), while also accounting for a total 0.1% deduction for exclusive Chinese/Korean post rewards, we have: - Season 0: 0.5% - 0.05% = 0.45% of $U supply - Season 1: 0.25% - 0.05% = 0.20% of $U supply For each 0.1% mindshare you have achieved in Season 1, or will close Season 2 with, that means: $250M FDV case: - Season 0 pool (0.45% = $1.125M) → $1,125 in $U rewards - Season 1 pool (0.20% = $500K) → $500 in $U rewards $500M FDV case: - Season 0 pool (0.45% = $2.25M) → $2,250 in $U rewards - Season 1 pool (0.20% = $1M) → $1,000 in $U rewards $750M FDV case: - Season 0 pool (0.45% = $3.375M) → $3,375 in $U rewards - Season 1 pool (0.20% = $1.5M) → $1,500 in $U rewards $1B FDV case: - Season 0 pool (0.45% = $4.5M) → $4,500 in $U rewards - Season 1 pool (0.20% = $2M) → $2,000 in $U rewards Looks very interesting imo, so don't stop yapping anons.

The Mad Yapper rewards for @union_build yappers have been announced, and they look very juicy. It's time to yap my frens, and here is why: Union is allocating 1% of its total token supply to yappers and the @KaitoAI ecosystem (putting it among top 5 of project in terms of Kaito allocations). ➀ Allocation Breakdown: ➤ 0.75% for Community Engagement ("Mad Yaps"): - Season 0 (Retroactive): Rewards based on all-time platform mindshare up to July 23rd. - Season 1 (Ongoing): Rewards mindshare generated from July 23rd through the public mainnet launch. ➤ 0.25% for Kaito Ecosystem: - Distributed to Kaito stakers andd genesis NFT holders (Yapybaras). ➁ Key Details: - 0.10% of the total token supply is reserved for native Chinese and Korean speakers within the Season 0 and 1 rewards. - Core team members like @e_beriker or @0xkaiserkarel are ineligible. Any rewards allocated to them will be redirected to future community incentive pools. - There is no leaderboard cap. Although the Kaito UI only displays the top 1,000 users for Season 1, all participants will earn rewards proportional to their mindshare. This is pretty big imo, and Union is doing great with a strong community, considerable testnet and dev eccosystem, and unique tech that leads in a new vertical (ZK-powered interop). zkgm frens

. @OpenledgerHQ solves a major problem in AI, addressing an ever-growing, multi-billion dollar market with clear technical moat (proof of attribution). By creating a global marketplace for attributable data, OpenLedger connects model builders with data contributors, enabling essential access to domain-specific datasets for teams working on specialized models, while turning each inference into a monetizable event for data providers. Definitely one to watch as (De)AI will remain a dominant narrative.

gML fellow enjoyooors of self-improving machine learning networks geared towards predictive intelligence.

From silence and shadows, a system awakens. Trained in isolation. Built to perceive, reason and act. The Grand Reveal is near. But before the gates open The Ascended may enter early. Early access to CodecFlow is now live:

The "Speculation Only" Era in Crypto is Ending The revenue meta and the increased attention investors pay to tokens' value accrual mechanisms, are evidence to the fact that crypto markets are maturing. Up to this day, a lot of investments hinged on the fact that some "governance" token, often without any value accrual, being perpetually inflated, and ultimately resembling an unregulated form of equity with 0 enforceable share holder rights, happened to share the name with some piece of fancy tech that might (or might not) be relevant at some point in the future. Now, things are changing and that is good. Cryptographic tokens provide a great tool for builders of decentralized tech to raise funds efficiently in a digital world, and they are powerful tools to build community and incentivize product adoption along the way. But why would people buy these tokens? From an investor's perspective, tokens are (or should be) co-ownership of and exposure to internet-native business models with revenue and growth potential. Think about traditional markets, where rational (and successful) investors invest their money in companies that successfully manage to build strong business models and products around disruptive technologies. Companies with a business plan, revenue forecasts, and (ideally) aligned interests across founders and employees to grow the value of the company the equity represents ownership in long-term (often questionable in crypto). Which brings us back to Web3, and the fundamental investment cases that might or might not exist around many of our tokens. But don't get me wrong. I don't think speculating merely around narratives is a bad thing. It's a defining characteristic of our hyperfinancialized industry, and won't die out. If you manage to frontrun the shifting attention in this space successfully, short term narrative speculation will also continue to provide outsized returns. Also, in a complex (bull) market like we're in rn, there is always various forces at play concurrently. Corporates and equity-based investment SPVs will largely continue to buy the same majors that most of ETF flows will accrue to (BTC, ETH, maybe SOL and BNB). Retail will always buy the same ghost chain dino alts (ADA, XRP, LTC) and memes (DOGE), that they trust bc they've been around long enough, and that are actually accessible on CEXes and retail platforms. The onchain PvP in the trenches will always give rise to new runners that are detached from any fundamentals. But nevertheless, in the long-term, and solely speaking from a token & price action perspective, I do believe that the winners will be: - Tokens (whether infra or app layer) that credibly provide co-ownership and participation in upside (revenue) of strong internet-native business models that can include anything from spot & perp DEXes or lending protocols to proving markets, launchpads, compute networks, interoperability infra, and more. What matters is that the tokenomics are solid (not perpetually dilutive), and that clear value accrual mechanisms exist. - Native tokens of execution layers that already do or potentially will power multi-billion dollar economies, and that have strong organic demand as ecosystem exposure proxies and utility asset within the surrounding DeFi ecosystem, while often also being leveraged to secure the network (becoming productive via staking rewards). If also incorporating economic participation akin to what I outlined above and sustainable tokenomics, even better. Why? Because outside of our little crypto-native degen bubble here, where almost anything that is onchain can quickly be worth a few hundred millions in FDV, there is little interest in investing in abstract promises of relevance in the future at sky high valuations. Sophisticated investors that enter our space will want to understand the business models and investment cases of what they bet their money on, and see a path to sustainable growth + value accrual. Meanwhile (and as outlined before) most retail will stick to whats accessible, preferring memes and the dinos dinos they know, over fancy/complex tech. To make things worse, in recent years, VCs have also increasingly managed to completely monopolize value capture from pre-seed rounds to public launches at 9-10 fig launch valuations, creating an often predatory and extractive setup for retail and open market investors more broadly. Something that, especially in the absence of justifying fundamentals, and given a finite amount of capital/liquidity to be allocated in the market, is definitely not sustainable in the long-term. I have previously talked about these issues (e.g. in my Celestia piece), and will revisit this again more broadly another day. But for today, let's keep the focus here on the investment/business cases around our magic internet money tokens, not the (admittedly also relevant) distribution. Because the former is definitely something you should keep in mind when placing your bets. In the long-term, only a fraction of all the tokens in a market that sees new tokens launch almost daily, will survive the relentless battle for relevance, investor attention, and liquidity. I believe the ones that do, will largely be the ones that have actually sustainable tokenomics and functioning business models that their tokens allow investors to participate in. Because while in a world where instead of companies, we invest in protocols, algorithms and DAOs, a lot of things are new and different, don't be fooled into believing that the fundamental principles of investing don't apply at all. Especially as the market matures, while becoming increasingly saturated and competitive, both successfully launching a token as a builder, and winning as an investor, becomes more difficult. Understanding market dynamics and investor rationales, but also being able to distinguish between narrative-driven speculation and fundamentals-driven investing in internet-native business models, is hence absolutely key. DYOR anons.