tl;dr - subagent behaviour working on adding multi chat and subagents to the agents starter (yay!) and I have a curious product direction/question. our subagents can be full fledged chats themselves. which means they could not only be async while they work on their thing and you continue, but you could continue "talking" with them after they've "returned" a result. so what should the default behaviour in the starter be? - readonly, no input. this is what most (all?) products/devtools like this do atm - have chat, but it's only followups, doesn't affect the main chat - add a "send back/summarize to main chat" this feels powerful and underexplored I'll probably ship option 1 for now, but there's something here... anyway, multichat/subagents in starter template coming this week

TL;DR (and this is HUGE): looping makes sense for a select few niche markets again because of a NEW MECHANISM that sustainably compresses borrow rates relative to demand. Despite arguing that Junior tranches are often superior to leveraged loops, there's ONE META that actually makes looping interesting for me again. And if you're not obsessed with DeFi, you probably haven't heard about this. IN SHORT, teams like @fraxfinance and @Paxos give kickbacks equivalent to the TBILL yield for institutional LPs holding or lending frxUSD or USDG. THAT MEANS, big'ol LPs can hold NON-YIELD BEARING assets like PYUSD, USDG, and frxUSD and get 3-4% yield paid to them on a semi-regular basis. On top of that, they can then lend those assets on money markets for the 3-4% base yield PLUS whatever the interest rate pays. But here's the kicker. Because those rates are paid OTC to these lenders, the borrow DOES NOT PAY the additional TBILL yield like you would if you were borrowing a yield-bearing stablecoin. So the borrower might only be paying 4% in interest, despite the collateral depositor making 5-7%, which is very juicy for an institution who wants to be holding USDG or PYUSD or frxUSD, e.g. This means lower interest rates for borrowers, because lenders are no longer depending wholly on interest rates for compensation. Of course, this is unique to specific markets, but I feel fairly confident this meta will drive some insane TVL growth in the near future.

TL;DR: To ensure a highly liquid and impactful launch, we are moving the Token Generation Event (TGE) to the end of June 2026. To reward your patience, we are increasing the Season 2 reward allocation from 12% to 18% of the total supply. The upcoming $GRVT token will serve as the membership key to the Grvt ecosystem, unlocking premium platform benefits and capturing protocol value through strategic token buybacks. 🎙️ Join our AMA live at 11:00 AM UTC, our CEO @hong_grvt will be answering your questions. 📍

Tl;dr: We’re focusing the Base app to be trading-first to drive demand and distribution for every asset and to be the best app for whatever you do in the onchain economy. Since announcing the Base app in July, hundreds of thousands of you have used the app to create, trade, save, spend, and build. Seeing the adoption has been incredible. We've also heard clear feedback about what's landing and isn't. Three themes stand out: - The app felt overly focused on social. It came across as too close to web2, and didn’t show support for the full breadth of assets that people want to trade. - Everyone wants more high quality assets. In general there is a desire to engage with and trade high quality assets. This is the most important opportunity as we bring capital markets onchain. - The feed needs to surface everything: Having a feed of what's happening onchain is a good idea, but it needs to surface apps, stocks, predictions, and every asset class (with social tokens are just one of many). In a world where everything is tokenized and tradeable, the single most valuable thing we can do is drive demand and distribution to everyone. That’s exactly what the Base app is going to do. We’re going to make the Base app the best place to trade and use every asset. Concretely this means: 1. We’re going to build for trading first. Having trading as our primary focus will help us bring demand and capital for all rapidly growing asset classes in the economy. 2. We’re going to bring more high quality assets onchain. To best serve the trading use case, we’re going to make it so everything is tradable in the app — protocols, apps, stocks, predictions, memes, and yes creators too. We’re going to lean into a finance-first UX. We be 3. We’re going to lean into a finance-first UX. We believe it makes more sense to layer social features on top of finance, than the other way around. This means we'll continue to experiment with features like copy-trading, feed-trading, and leaderboards. This is going to be hugely additive to the Base economy because it's going to drive more capital and users to every asset and app. Base app will be the best self-custodial wallet to trade and use every asset, globally accessible, with fast, simple onboarding for everyone, everywhere. Base chain will continue to be the best chain to build anything, now supercharged with even more distribution. We’re building this together, in the open, and seeing how people use the app keeps teaching us what matters most. Thank you for the continued feedback. Stay based.