what the numbers are telling us for @NetNetCap this week 1. the dilution figure supply went from 67.8k to 80k robinhood:0xca9c78dd337a67f6e0077f65f5e9218719d30edf this week, +18.1%, still gated by the premium above NAV, capped at 0.45% per epoch. > 90.2% of supply is staked, basically flat versus last week's 89.3% > 7d dilution around -6.5% staked, -15.8% unstaked dilution keeps happening, and at a similar clip to last week. 2. the offset supply grew 18.1%. assets grew almost twice as fast. > true rfv: $11.98m to $15.97m, +33.3% > treasury alone: $8.64m to $11.93m, +38.1% > nav per robinhood:0xca9c78dd337a67f6e0077f65f5e9218719d30edf including the rwa sleeve: $176.82 to $199.52, +12.8% dilution up 18%, backing per token up 13%, treasury up 38%. still the whole game. 3. where the reserve actually came from cumulative inflows since inception: $7.29m to $9.25m, +26.9% this week. > primary bonds: $5.45m to $7.09m, +30.1% > trading tax: $1.27m to $1.51m, +18.9% > premium sales: $233.9k to $280.6k, +20.0% > other: $168k to $196.1k, +16.8% > genesis bonds flat at $35k, expected, one time launch pool bonding is still the biggest single driver of reserve growth by a wide margin. 4. revenue is still growing ahead of the games total revenue estimate: $1.32m to $1.56m, +18.2%. > tax revenue made up $1.51m of that > game fees made up $54k, now just 3.46% of total revenue, down again from 3.9% last week > trailing 30d tax revenue: $1.19m to $1.39m, +16.8% game fee share keeps shrinking as a percentage even as the dollar amount ticks up, tax is just growing faster. 5. what backs it, and the part that matters most rwa sleeve: $3.34m to $4.04m, +21.1%. but the shape of it changed, not just the size. > $SPCX, $NVDA, $AAPL and $GOOGL are now mostly posted as collateral into netnet credit ($743k/$625k/$392k/$236k) > four uniswap v3 positions across those same stonks are worth $2.16m at marks > turbo's desk pots are worth $368.6k > the sleeve borrowed $712.3k against that collateral, about 35.7% ltv against a 62.5% cap price to nav compressed again. it was ~5.5x last week, now around 2.53x. implied price fell about 48% while nav per token kept climbing. third straight week of compression. 6. the protocol looks stronger than it did a week ago, again > backing grew almost twice as fast as supply nav per token up 12.8% > price to nav compressed from 5.5x to roughly 2.53x > treasury up 38.1%, cumulative inflows up 26.9% to $9.25m > rwa sleeve up 21.1%, now actively working across credit, lp and turbo instead of just sitting there > revenue up 18.2% to $1.56m, still tax led, game share keeps shrinking as a percentage, but that will change once the DK style game drops.. backing keeps compounding while price keeps getting cheaper relative to it, and that gap doesn't stay open forever. (🥅,🥅)

bullish on eval api, and this update is exactly why > robotics becoming the next vertical is the real tam here > backed by an actual shenzhen trip, the actual home of robotics hardware > live demo in singapore in front of two real ai companies, not just reppo's own claim > meeting institutional partners for the next leg of @reppo growth its all lining up nicely and we are still at the early stage here. base:0xff8104251e7761163fac3211ef5583fb3f8583d6 | $EVAL

ever wanted to 1,000,000x long or short btc, eth, sol or hype? well @NetNetCap just shipped it. $9 dials into $8.87m of notional on a live perp feed, wrapped in a fake win95 modem app called dialup.exe. this is one of the cleanest pieces of distribution design i've seen out of this ecosystem. the mechanics are simple enough that anyone can pick it up in one round: > pick a stake, $9, $22 or $44 > pick a market, btc eth sol hype are live now, nvda spcx aapl msft googl coin are already listed and waiting on the paused switch > pick long or short > dial. one open round per wallet, 60 second tape clock, price sourced straight off hyperliquid's perps what actually settles the round is a z score, how many standard deviations the market's own recent minutes moved by the time your ticket freezes, sorted into a payout ladder. payouts: > local, pays 1.25x, hits about a third of rounds > long distance, pays 2x, roughly 1 in 10 > international, pays 3x, about 1 in 40 > satellite, pays 20x plus a shot at the drum, under 1% > jackpot, z at 7 or above, pays the pool on top of everything else every print, fill and settle is published so anyone can verify a round themselves, which is the part i think gets undersold. here's the part that actually makes it good for $NET holders and not just fun for players. deposits buy net and pay the 5% trading tax. withdrawals sell net and pay it again. so every single round trip through dialup.exe taxes twice, win or lose, and that tax is the same reserve levy that's been growing the treasury everywhere else this quarter. the jackpot itself sits in $snet, 11.75 snet | $8.2k at time of writing, compounding on the staking rebase the whole time it waits to be won. in my mind this is the best distribution mechanic al dunlap has shipped so far. it turns pure degen energy, people who just want to dial in on btc for nine bucks, into recurring taxed volume that flows straight into the same reserve backing the token. the stock rung is still paused, so whether spcx and aapl dialing goes live next is the one i'm watching for. dialup is one of many gamers being shipped, with lots more coming. soon the market will realise $NET isnt just a ohm fork/ rebasing token it has a whole suite of games driving real revenue to the treasury with a lot more coming. hella undervalued

stonkbrokers just quietly announced the first options market in crypto where lp's can't get rugged by a liquidation cascade, and the mechanics are actually insane. stormm is a uniswap v4 hook that turns concentrated liquidity into an options market maker. deposit ethereum:native as puts, deposit $NVDA as calls, pick your strike range and your duration. the position pays you three ways at once > normal lp fees from trading inside your range > premiums from options buyers who pay to reserve your liquidity as a strike > stock token dividends stacked on top, while the position auto resets after every expiry so you never manually rebalance but thats not even the part that actually matters: > every options position mints as an nft, long boi for calls,shorty for puts, both tradeable on the open market before expiry > theres an easy mode where you just type a price and a date and it executes the trade for you, no strike math required > buyers can never get liquidated, worst case they lose the premium, thats a structurally different risk profile than every perp exchange in crypto right now stacked roadmap lined up: > leverage machine ships september > five special projects with blue chip nft teams, routed through anvil amm > ico boost pot pushing toward $1m > a $1m twap buy off that pot, routed through @MancerXYZ, once it fills this is the first time ive seen someone actually try to make options as easy to use as a fomo buy button. if it works the way its written, this is the primitive that finally makes stock tokens behave like a genuinely better product instead of just a wrapped stock clock the f in solana:92LKNLj4aU9sjUKkgH5mQCuQTPSr42HwF2QrdWDApump

most founders spend a year trying to land one meeting like this. The @ArAIstotle founder is doing multiple a week a week. that's the part people keep skipping past. this isn't a project chasing attention. ArAistotle is a project that institutions are chasing. > Doris Sohmen-Pao took an interest in the tech. Forbes has her families wealth at $5.7b > @TimDraper backs it and sits on the advisory board > angels already in, vc's circling, government delegations requesting demos > Singapore government backing plus a grant > a $530k Homeland Security pilot behind the behavioural layer. 312 experiments, 91 mock crimes, IRB approved that queue does not form for a reply bot. it forms because verification is about to be the most valuable layer in AI, and base:0xfac77f01957ed1b3dd1cbea992199b8f85b6e886 is the token sitting underneath it.

most founders spend a year trying to land one meeting like this. the @ArAIstotle founder does multiple a week... that's the part people keep skipping past. this isn't a project chasing attention. it's a project that institutions are chasing. > Doris Sohmen-Pao took a look. Forbes has her family at $5.7b, now thats serious money > @TimDraper backed it and sits on the advisory board > angels already in, vc's circling, government delegations requesting demos > Singapore government backing plus a grant > a $530k Homeland Security pilot behind the behavioural layer. 312 experiments, 91 mock crimes, IRB approved that queue does not form for a reply bot. it forms because verification is about to be the most valuable layer in AI, and base:0xfac77f01957ed1b3dd1cbea992199b8f85b6e886 is the token sitting underneath it.

solana:92LKNLj4aU9sjUKkgH5mQCuQTPSr42HwF2QrdWDApump has been toying with us for a while now... broke the downtrend, now moving inside an expanding wedge. next i want to see: a break through the green box resistance on real volume, pushing to the top of the wedge. clear that and we test the higher green box, maybe pull back from there. fail the breakout and we're heading to the lower line. keep printing HLs, a LL breaks structure. planning for the upside. clock tf in

what the numbers are telling us for the @NetNetCap since inception... and they are looking good. 1. the dilution figure nobody quotes everyone posts the apy. nobody posts this. > estimated staked dilution, 7d: -8.36% > estimated unstaked dilution, 7d: -17.54% staking is not paying holders. it is diluting them roughly half as fast as not staking. that is the same distinction that broke ohm stakers who read rebases as yield rather than as a defensive move against the printer. 2. the offset, which is real assets are outrunning supply on every window measured. > 7d: assets +217%, supply +21%, mcap +341% > 30d: assets +2994%, supply +108%, mcap +9196% all two marked accretive. so backing per token rises while each holder's share of it falls. both are happening at once. 3. where the reserve actually came from $3.5m cumulative inflows since early july. latest single day $517k. > primary bonds $2.2m > trading tax $867k > premium sales $173k > rwa desk $139k > other $65k > genesis bonds $35k bonds are 63% of every dollar that ever entered. the 5% trading tax that gets all the attention is 25%. genesis put in $35k, so the seed is up 100x in six weeks. the tax path itself: > trade on the mapped pair >> 5% clipped in $NET >> taxcollector >> sells $NET for solana:2u1tszSeqZ3qBWF3uNGPFc8TzMk2tdiwknnRMWGWjGWH >> treasury >> morpho at up to 70% + 2% haircut 30d tax revenue $816k, 9.19k NET collected cumulative. 4. the arcade is not the revenue revenue estimate $91k total. game fees are $42.4k of it, ~4.6%. > the button $35.27k (nfts pumped) > coinflip $3.78k > superstore pack desk $2.05k > spacex invaders $927.57 > msft flight simulator $326.62 > crash cards $395.64 > blackjack est. $24.00 the button is 83% of all game revenue on its own. 38.3k daily active wallets across the whole ecosystem producing less than one day of trading tax. 5. what backs it is the most important part $6.14m total assets against 56k $NET supply, 89.46% staked. > treasury $4.01m: morpho $2.4m (59.9%), liquid usdg $1.6m (~40%), pol rfv $22.3k (0.56%) > sleeve $2.13m: $NVDA $1.01m (~48%), $SPCX $773.08k (36%), $AAPL $333k (15.60%), $MSFT $7.86k, $GOOGL $2.67k, $COIN $1.8k @NetNetCap is the largest holder of nvda and spcx price $1.4k against treasury nav of $69.77 is 20x. counting the sleeve at $106.88 it is 13x. fdv $82m. issuance to date: rebase 19k $NET, genesis bonds 21.7k, other 7.5k, primary bonds 6.2k, premium sales 1.6k protocol is looking healthy stats care of @latentliq's dashboard (🥅,🥅)

eval apis are about to become the most important piece of infra this entire cycle produces everyone's fighting over which model is smartest. nobody's building the layer that tells you if the output is actually trustworthy. @reppo just quietly locked paying partners before the thing even has a public rollout date > full eval api rollout targeted second week of september > 3 engagements locked, more closing, a backlog already forming pre launch this is the exact bottleneck every agent and robotics company hits the second they try to scale, and almost nobody's pricing it in yet my nodes ready and waiting bullish base:0xff8104251e7761163fac3211ef5583fb3f8583d6

So @NetNetCap built an improved Olympus Dao (OHM) and is about to launch an improved version of DeFi Kingdoms. I don't think anyone understand how big $NET will be in a few months. For your idea: OlympusDAO (OHM): > peak market cap: roughly $4.3 billion > peak treasury: about $929 million > peak TVL: roughly $3 to 4 billion > peak users: tens of thousands of stakers, likely around 100,000 holders DeFi Kingdoms: > peak market cap: just over $1.1 billion > peak TVL: over $1 billion, reached in under four months > peak users: over 273,000 active wallets by December 2021 And with multiple hints of NetNet's games being integrated into the Robinhood app, these games and ponzis with an APY of 13,335%, will be instantly exposed to 26,5 millions users. This will become the BIGGEST project on the Robinhood chain, and bigger than OHM and Defi Kingdoms were. I think you can retire of this one. You just need the strength and patience to hold your coins. (🥅,🥅)

i think personalisation is about to become the biggest differentiator in llms, and not the kind most people think of. most people mean an assistant that remembers your name and what youve typed in the box previously. i mean one that already knows what you did and what you like before you ask it anything. @myrad_hq's already built that part. it skips the box entirely, it just reads what you did. > ask it what to eat tonight and it skips past japanese, since you've already ordered it four times this week, and puts mexican in front of you instead > ask for a gym routine and it already has your strava, three runs after work tuesday wednesday friday, two rides the other days, so it builds strength around the days you're already spent instead turning your legs to jelly before tomorrows run. > ask for a spending audit and it already knows your uber rides spiked the same week your food app orders doubled, so it flags the actual pattern instead of making you dig through two apps most chatbots guess from what you say. the myrad approach is reading what you did and never hallucinating based on inputs 3 context windows ago. your data mode is walled off, wallet gated, nobody else's data touches yours. the verification underneath runs on zero knowledge proofs, it confirms you actually watched something, rode somewhere, ordered something, without myrad ever holding your netflix password or logging into the account itself. proof of the activity, never custody of the account. this is what personalisation actually evolves into, not a memory feature bolted onto a chatbot, the actual next layer underneath every ai product built after this one. now picture that same verified context sitting inside a humanoid assistant instead of a chat window, one that already knows your routine and your habits before it opens its mouth to ask you anything. myrad is building for the future base:0x693bad964f815f32fabe0b9d4911865bffc30172

i told you this expedition will pull some serious media attention. pemba's last climb was broadcast on china's most popular science show. no token, no marketing budget, no coordinated push. the media just showed up. now put him on top of the world with @livekit, @virtuals_io, @eastworlds_io and @UnitreeRobotics all pushing the same moment to their own audiences at the same time. livestream from the everest summit. netflix doco by @14PeaksX this stops being a china story and becomes a global one. pemba is a media magnet, and the coverage will be insane. one token. base:0x296eb9c4d8fcbd00fbc6d5027e4202bf955fa76f

users have been begging for a real explorer on rh chain for weeks. @0xSimpleFarmer just shipped one that makes etherscan look like a spreadsheet from 2019 heres whats actually in it > token pages with full liquidity depth, order book, and per wallet accumulation > trending page ranked by contract fees generated, not just raw volume > a market cap heatmap, red and green, sized by share of the whole chain > a defi correlation monitor showing which tokens actually move together > full wallet and portfolio pages, no more copying an address from a scanner into DeBank... it all lives here now beta covers the top 100 tokens on the chain and it's rolling out imminently. this is the kind of infra every chain needs and solana:92LKNLj4aU9sjUKkgH5mQCuQTPSr42HwF2QrdWDApump's are rolling it out clock tf in!

lets see if this $NET breakout can sustain itself this time... need to see some more volume for it to hold. button pusher nft floor is now $800.. absurd lets push this higher (🥅,🥅)

the part nobody has priced yet. every AI lab on earth is racing to generate more convincing output. almost nobody is building the thing that tells you whether the output is true. one of those markets is crowded. the other one has government delegations queueing... base:0xfac77f01957ed1b3dd1cbea992199b8f85b6e886

government delegations don't request demos because something is trending. they request them when they've quietly realised they can no longer tell what's real. the generation problem is solved. anyone can produce anything, in any format, that looks completely legitimate. verification is the unsolved half, and it's now the only half that matters. > deepfaked clip of an official. it reads the video, pulls the claims, hands back sources > narrative outrunning the press office. it verifies live, mid-broadcast > accusation nobody can disprove fast enough. point it at @ArAIstotle, get proof > models that guess. this one says Unverifiable and shows why ➜ 118/120 on the Originality benchmark. TIME best invention 2024. Singapore government backed > @TIME best invention 2024, @Qualcomm incubated, Singapore government backed every frontier model is trained to sound right. this one is built to be right, and it shows its work. as we go deeper into a world where nothing you see is automatically real, that stops being a nice feature and starts being infrastructure. institutions figure that out first. they always do. base:0xfac77f01957ed1b3dd1cbea992199b8f85b6e886

parabolic move, profit taking, pullback. this is just what a healthy chart does... what the sellers can't touch is the @NetNetCap reserve. numbers straight off the reports page: > $3.15m of on-chain RFV. 40% in cash, 60% deployed to Morpho > 88% of the 55k supply is staked > 901 epochs of runway, 300 days, and that's the worst case at the 0.45% ceiling too > $4.9m circulating market cap against $3.1m of reserves the drawdown doesn't reach. pulled back to the golden pocket... im bidding $NET here