Licensing shapes how quickly you can launch a stablecoin product. Join @Surus_io, @FiptoHQ, @CoinGatecom and @balance_canada for Ep. 14 of our Stablecoin Builder Series on choosing the right licensing model. 📅 Oct 15 | 11 AM ET Register:

Who shapes AI, and how do you keep people at the center of it? Stanford HAI Denning Director James Landay (@landay) spoke with Imagination in Action about educating lawmakers, working with industry while staying independent, and what the AI Index shows beyond the headlines:

Liquidity shapes explained: As you may know, you can LP using different shapes. The shape you choose comes down to one question: Where do you expect price to go? We’ll explain this using a real-life analogy. Treat your liquidity like jam. Spot → Jam is spread evenly across the toast. It covers the entire range, with no strong view on where price is going. Curve → Jam is layered in the middle and thin at the crusts. It’s concentrated around the current price, meaning you earn more fees while price stays around that level. Bid-Ask → Jam is layered at both edges of the crust, with almost none in the middle. You earn little while price isn’t moving, but when the token starts pumping or dumping, your patience gets rewarded. To summarize, if you have no clear view of where price is going, use Spot. If you expect it to stay around the current level, use Curve. If you expect it to travel, use Bid-Ask. The best liquidity shape isn’t universal. It’s the one that matches your outlook on the token.

A launch mechanism shapes more than the first buy; it defines the market you create. - Universal Subscription opens a window for pro-rata allocations. - Royalty directs on-chain payment flows. - Likwid redefines post-graduation trading. Five live mechanisms on OpenFour. Pick one rule set for your launch.