The irony right now is as retail's checked out, Wall Street has rapidly moved onchain, specifically onto Ethereum. The biggest institutional bull run ever. Time to lock in! 👊 "We are seeing the largest institutional bull run in the history of digital assets at the same time that retail investors are checking out and tuning out and their sentiment is abysmal. And that is a big bullish divergence, but it is also a troubling and worrisome gulf to me because I think that if people are not in the trenches chasing memecoins on Solana or some bright shiny object and getting filthy rich, they have a tendency to look elsewhere for the next thing that's gonna, you know, pump this week as opposed to recognizing the huge amount of value and the fundamental adoption that's happening in this space and allocating patiently and allowing the market to come to them... They're going to onboard trillions of dollars of capital in various ways, and it's gonna take time to roll all of this out, but it's not slowing down. The genie's not going back in the bottle. and that's the opportunity here. You're already seeing Ethereum leading on adoption across all of these things, across tokenization, across stablecoins, across all these things. The usage of Ethereum keeps making new highs, Ethereum keeps innovating and adapting and unlocking new forms of applications and activities and innovations that weren't possible before. We're gonna see things like high frequency DeFi and agentic commerce and all these things, right? So yeah, the long winded answer, but yeah, it's the institutions get it, they've got it, and they're they're they're coming for it." -@BitcoinJesusETH Full @Edge_Pod on Spotify:

"I can't get more excited about what's ahead of us, because we've done all those years of long building and we're nearly there... we're very close." 🎧 Full @Edge_Pod on Spotify:

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"All of the serious capital allocators that we talk to on a daily basis, they wanna stay on Ethereum. They don't wanna go and bridge their funds elsewhere and change the whole security profile of their assets. And similar, the RWAs, well, the RWAs are just gonna follow where the people's assets are... and the people's assets they want to stay on Ethereum." 🗣️ @jaibhavnani, Founder of @roycoprotocol 🎧 Link to full @Edge_Pod:

So the protocol @re has been getting lots of attention, thanks to their $600M FDV token launch for RE, but I'm telling you the actual business behind this team is one of the most scalable to ever be built onchain. DeFi nerds will dig this, cuz it's proof what can be built onchain, with real yield, but better than its TradFi counterparts. Both of their offerings, reUSD and reUSDe, earn from real-world reinsurance premiums, but the reUSD has senior tranche protection (6% APY) vs reUSDe is the mezzanine tranche (12.3% APY). If either of these fit into your yield portfolio construction, consider locking in the fixed yields via their Pendle PTs for up to 160+ days. PT-reUSD = 9.4% APY PT-reUSDe = 15.4% APY Pendle links:

🎙️ New @Edge_Pod 💥 How Royco Risk Tranching Is Working Through Its First Real World Stress Test | DeFi Frontier 0:00 - Intro 2:37 - A DeFi risk tranching protocol 6:01 - Why RWAs are the future of yield 11:32 - What is Royco Dawn? 13:30 - The perfect asset to tranche 18:07 - Screenshare Royco live markets 22:01 - Observation period, first stress test 25:05 - How seniors stay protected 27:00 - What could end the observation period? 30:04 - How Royco tries to restore markets 31:25 - Estimating losses after 21-day period 33:40 - Design for juniors to not be wiped out 37:40 - Tranching vs insurance 41:23 - Is security in DeFi cooked? 43:49 - Opting for delayed settlement 47:54 - Royco Dusk preview 53:42 - Closing 🙏 Thanks to @roycoprotocol Founder @jaibhavnani for joining us!

Just was rereading this report by @Etherealize_io. Their productive money thesis is that ETH uniquely qualifies as an objectively better form of productive money, albeit one that's still widely understood by the market. "Productive money will outcompete dead capital. Over a long enough time horizon, productive assets outperform unproductive ones, because productive assets compound. The only question is how long it takes the rest of the world to figure that out [with ETH]." In the report, they make "the case for ETH as a superior monetary good—and how, if it captures the monetary premium currently held by gold and BTC, the implied long-term price could exceed $250,000 per token." They highlight the combined monetary premium of gold + BTC = $25.5 trillion. If ETH ever captured that premium, distributed across 121 million ETH in circulation, the implied price per ETH would be $211,535. Today, ETH is trading around $1,600, which would require ETH to re-rate 131x in the future.