Looks like @ZEALZdotfun is hitting ATHs, almost touching $6M I'm telling you, this one is special. The team is ass-kicking at shipping features. The trading experience will eat FOMO's lunch soon. I really think this ecosystem is special and will be a big deal over the coming months. $ZEAL is going to be cheap. I'm going to buy more personally now. Give the trading dashboard and new launchpad a spin. Everything is new, and we are literally at day zero in this product cycle, but you can see the potential here.

Asking for a friend: Would any @fomo or @Polymarket employees please start insulting @beniduboss? Personal preference: FOMO, because the entire cabal of fake 'traders' (who are also the investors) slaughter the average person via inside trades on that platform, and use the so-called ranking "leaderboard" to lure in more victims to the guillotine. And the company literally steals 10% of a trade through bad fill slippage, stealing from its own fucking users on every sandwiched trade. The app is a vibe-coded piece of slop, exactly engineered to lack the most basic trader-friendly features to optimize fleecing traders.

I've seen a lot of action in some of the new DeFi protocols ($PARE and $NOTE, for example). It's great to see the infra thesis starting to playing out on RHC. There are definitely some mispriced assets right now if you look around. $EARN has a TVL of 1.4M and sits at ~3.3M FDV, down about 50% from its ATH a week ago. The developer ships new features weekly. Yes, this is not as 'sexy' as some of the more flashy new DeFi protocols. But it's valuable, and imo it will inevitably experience TVL expansion as tokenized equities grow on RHC. It's the only protocol that offers significant yeild just by depositing your onchain equities into one of the omni pools (or an automatically managed pool). They are building a new DeFi primitive with the Omnipools, which shares liquidity between multiple assets The addition of leveraged omni pools to increase yeild adds even more optionality for yeild. With the recent bullish news about the SEC innovation exemption onchain equities, it's clear that the tokenized RWA market is going to see huge growth. And $EARN, as the yeild layer, is poised to benefit. The dev is shipping rapidly, and the project sits at the heart of this cycle's strongest narrative. I think the market cap will reprice soon. I find it strange that the price has dipped given the rise of other protocols tied to tokenized stocks, but it also means you can get a good deal. I've got a very large bag of $EARN, but I bought more here at this market cap because it's so mispriced increasing my position. I've bought in at 1.5M, 2M, 3M, 5M, and even 6M. So I'm probably just a little bit over my cost, given the capital invested between 3-6M. But I feel these buys will look cheap in some weeks and months, when @EARNONHOOD is sitting at 30 to 100M cap and is the number one yeild protocol on RHC, with 9 and even 10 figures of TVL locked into the protocol. We are still early here.

How to get rich this cycle? Simple: Invest in and hold tight to those brand-new DeFi protocols on RHC that are building entirely new on-chain equity primitives that will be the new money legos of the tokenized stock DeFi ecosystem RHC has gone from 0 to ~1B in onchain equity assets in just 2 months. What the fuck do you think will happen over the next 12 months? Explosive, monumental, exponential growth is what happens. And what do you think happens to those brand-new DeFi protocols positioned right in the center of this narrative storm, building out the new-money legos around on-chain equities? Yeah, I'm feeling very fucking good about my robinhood:0x15d36b6a28d8327abc7afabf0f106ae2c9af5c4d and robinhood:0xc4f730335fb9e439ca5552f7b52b8e638c4245b0 bags. Both can be the next 9-figure DeFi protocols on RHC. I expect a LOT of attention coming to these once they go live to mainet and start building markets around their new DeFi primitives.

An update to this, and not a good one. A catastrophic move. I'll let the chart speak for itself. So the short of it is that this fucker @cyotee is not just an autistic dev; he's an artistic rugger using autism as an excuse to scam. After a week of dodgy behavior and weird delay excuses, which included the "downto_finance" X site being 'hacked' the day it was supposed to launch. Cyotee launched the project. But apparently, anyone who staked their tokens ended up having their tokens used to fuel the liquidity pools, which Cyotee used to funnel the ETH into his wallets. So he set up a honey trap to farm token holders and stakers. The result was 6M to 17M, then to 3M, and now to...300k He was apparently one of the original OHM devs but left before the protocol launched. Probably more like fired for something illegal. Sad end to this. It was risky, though, and the dev was doing all sorts of weird bullshit leading up to the launch. In Trenchland, that's always the sign to get the fuck out, something I did not listen to. I sold my NUDES for about 90k, threw that into DFT. I also had an existing 30k in there. So about 130k at about a 6M FDV. I walked away with about 45k when I exited at 3M FDV a few days ago. Turns out I skipped the 99% loss because the day later, the market cap is 300k So @cyotee, a big fuck you scammer. You are not a dev but a scammer. Everyone, stay away from anything this fuck touches. Avoid @Indexedex, it's just another rug. On the positive side, I redirected those funds into @notesystems at 2-3M FDV. And I started rotating my non-conviction bags into robinhood:0xc4f730335fb9e439ca5552f7b52b8e638c4245b0, which might turn out to be one of my best moves going forward. I feel for anyone else caught in this scam dev's trap.

Great to see @notesystems choose @cyfrin to audit NOTE SYSTEMS. This is a big deal and instantly sets them apart from 99% of the memefi 'infra' that launches on dodgy, unaudited contracts—a disaster waiting to happen. CYFRIN has audited some of the top DeFi infra protocols that hold or transact billions in TVL, including: - Chainlink - Uniswap - Lido -ZKsyn - Curve Finance -Wormhole -Ethena -Uniswap This is something you should seriously take robinhood:0xc4f730335fb9e439ca5552f7b52b8e638c4245b0 of. This is a real project here. Frankly, if they hit up VC funds, they probably could have easily raised $5-10M at a $30M–50 M valuation. But here we have it available to the public, ready to launch, at around 6M FDV, with revenues feeding back to token holders. I am becoming more and more bullish about NOTE and have increased my sizing significantly. Along with PARE and EARN, NOTE is my third-largest conviction bet in RHC DeFi infra. While I still think the Structured Note Product being built here is maybe far more niche than PARE STOCKS (splitting dividends is a HUGE market that everyone can clearly point to as being a big future deal), some of these lesser-known financial transactions are PERFECTLY suited for DeFi, because if they prove workable, they can easily scale and be integrated into the wider DeFi infra, offering NEW additive yeild that was not possible before. So I'm personally very excited to see these new DeFi protocols building completely novel markets around new primitives that are now possible because of RHC's on-chain equities. Entirely new yeild strategies will form around earning from equities and slotting them into existing DeFi infrastructure. And imo, the most exciting ones are brand-new kinds of markets now possible onchain, such as @PareStocks's new Split Dividends markets and now Note Systems' autocallable barrier notes protocol. Brand-new markets that never existed onchain, and ones that were dominated by centralized banks, are now decentralized, with ownership of the actual protocol going to the token holders, NOT the banks! This is a powerful moment because you, the token holders, become the actual shareholders of what might be core pieces of the future of finance. Yes, we are in the early days here, but it's an exciting time to be in right now. I remain convinced that the long-term investment play here in this market is to invest in the novel FIRST MOVER DeFi protocols building entirely new markets around new onchain equity primitives. The bet is on these protocols: if they show there IS a profitable market, it will rapidly scale because they offer new yeild opportunities for holding equities that never existed, which will attract an avalanche of new capital as the entire market expands.

Well, it looks like $DTF is live. Way more issues than there should have been, due to the dev going silent for several days in the middle of the X account hack + website delay. But true to his word here, it looks like he deployed and the protocol is online. Now we wait to see if this all works and a new financial primitive is born. Or not, and we all go broke. There was a buy-the-FUD moment where the price literally crashed 85% to 1M FDV (from 5M), only to recover to about 50% where it stayed (~3M FDV) for an entire day. Now that the dev has actually done what he said and launched this thing, let's see where we go. I'm underwater on my trade here from where I bought in (~6M FDV), alas, but I'll see what happens. The fact that this isn't, in fact, the rug everyone thought it was is the best news. It's been a rought ride buying into $DTF run by an autistic dev. But I'll give this a chance to see if autism can win.

Ok making a calculated move here. Sold my $Nude position and moved the entire position to double down on @downto_finance ($DTF), a day before the protocol is turned on (September 7). All tokens are staked and ready for the protocol launch tomorrow. This could either be a massively successful trade or a dramatic fail. It's risky, it's dangerous, it's shoving your hand into the fire and hoping you don't end up with permanent scars. $DTF is trading at around ~6M FDV. Delays and antsy holders have beaten down the cap by 50% over the past few weeks. WHY? Novel DeFi. That's why. You can stop there and leave if you don't like long, windy, and probably boring threads. A lot of infra has pumped this week, especially some of the memestock launchpads (SHROOMS, PAIR, STONK, STONKX) I get the trade there, and there are clear revenues and a dartboard marketcap on the ceiling (PONS), where you can play a game of 'throw the darts' to guess what market caps are achievable on what chain. Great. Money to be made there. Easy trades. But all of these launchpads are basically competing with each other, slicing into each other's pie here, contesting for the same damn volume. We are NOT pulling in new users here, onboarding retail money, offering unique products that will service the trillions in tradefi. We are simply rotating crypto bags and calling it volume. Yes, gains are being made. The dry spell walking through the desert is over, and degens have found the oasis full of fruit trees and are ravaging everything edible. Beyond this frenetic orgy of gains, there's a bigger story unfolding: creating the infra that can handle the 95% of the world's finance NOT plugged into crypto. This is the world of tradfi, the world of equities, and a world that is just starting to be bridged over into our web3 realm. It's starting as a trickle, but it will become a roaring flood soon. Protocols and apps that build the infrastructure to channel, maintain, control, and access this will be the next billion-dollar protocols. And the landscape is wide open, a yet-unviolated wilderness ripe for conquest. That infra is being built out. The new stuff. The cool stuff, the novel stuff that is creating new spaces where there were none before. And @downto_finance, if it works, is one of those new and completely wild protocols. It's doing what Uniswap did for tokens, but for tokenized funds. One of those new financial protocols that are bringing something brand new to the table, offering yeild where there was, before, no yeild, creating markets that previously did not exist or were too difficult to access efficiently. Or simply taking markets that exist in TradFi and tokenizing them. I think these kinds of protocols are interesting, and because they are pushing into new frontiers, there is no comparable ceiling by which to easily value them. This can lend to some outrageously ridiculous market cap expansions when the trade becomes the consensus. Let's talk about WHY I'm DTF @downto_finance. @downto_finance ($DTF) is trying to create a new kind of product that doesn't yet exist: Decentralized ETFs. Fund strategies are issued as tokens, and a strategy is composed of tokens: onchain equities, chain protocols, infra, memes, etc. This turns Downtown Finance into the layer that every onchain asset can be plugged into a vault, managed and monetized. It opens an entire new layer of finance, a new base primitive around which new markets can be created. TradFi ETFs hold ~14% of the world's investable assets. @downto_finance is going to issue a decentralized version of this (the DETF). The dev is autistic, and he's trying to solve a very hard problem. This is novel DeFi, the kind of experiment that, if it works, is going to be repriced rapidly. It can also fail dramatically. The developer, one of the original Olympus DAO team, is taking the Ponzi that ran to billions and trying to tame it and leash it, and direct the mechanisms into a self-balancing ecosystem that allows for decentralized ETFs. I don't know if this will work. But if it does, I want to be there. And at about 5M FDV, this is cheap (but hell of risky here, as the protocol might not work). We've seen other novel DeFi experiments speed-run market caps, with the most recent being SHROOMS, which is altogether far less interesting or innovative than what @downto_finance is doing. Let's see how this one plays out. If this works, this will be a 50M+ new DeFi protocol with a path to 9-10 figures.

Looks like @Hookrfun is going for it. v4 hooks are game changers for DeFi and will unlock a completely new suite of applications. The market does NOT know how to price this in yet. And @Hookrfun will be the distribution platform for this tech, partnering with launchpads, platforms, and services accross the space. I have no doubt this is going to be $50M soon, and then 9 figures. It could well be one of the 10-figure infra platforms this cycle. You absolutely want $HOOKR in your bag for exposure to v4 hooks.

What's this chart called? My favorite project on RH @Hookrfun is crushing it. Happy ATH day for the project. @Hookrfun leveraged LP pool hooks bring something very unique to the table. Expecting this to only be the first of many unique and novel innovations brought to DeFi. Defi will never be the same ONCE these hooks start to be used at scale. Huge. Conviction here that this is a 100M project larping as a ~10M to ~12M. I think the market is going to wildly reprice this once @Hookrfun starts rolling out the features and adoption starts showing. Need to hold back from top-blasting even more in an already decent position. Definitely one of those quality projects I feel comfortable keeping a big part of my portfolio this season. Only a few I feel confident where I feel holding a big amount and leaving it to roll this season as the infra expands: $HOOKR $DELTA $ARROW (and $BOW) $EARN I don't have a position, but it seems like $AI seems like a good hold to have over the bull. Obviously, take your profits when you can, and don't go all in and hold everything with zero profit taken in case the market fucks you. Don't get caught with your pants down if the market changes. But if RH is a 'thing,' then I think we are early, and some of these will be 100M+ foundational projects with billions of TVL and 10s of thousands (as a start!) to show. Going to be some bumps and dips along the way, but I feel the trajectory is up as @RobinhoodApp helps usher in a 'tokenize everything onchain' world order.

What am I investing (new) in this cycle? I'm focusing my picks on the early infra plays and will focus on the projects that look like they can turn actual revenue and pass that revenue back to token holders in unique, novel, and experimental ways. I'm throwing my investments into two categories right now: 1) Replicated Solana/Etheruem infra "Replicated infra" is an easy bet to make early on. The idea being Robinhood is so new that the infra is still being developed. Everyone is trying to find the next financial protocols on RH. The next 'Meteora', the next 'Aava', the next 'OHM', and so on. Ofc it's hard to say what's going to be sticky here, but at least early on, I think you can make some big multiples jumping in some early infra. If RH eco explodes (as I think it will), you may end up sitting on the next 100M+ platform. 2) Novel / Experimental Infra (RWA, Uniswap4 hooks, etc) These are protocols that are new, or at least a tweak of something old, combining something new to add a speculative spin. A lot of these new infra experiments combine RWA, NFTs, and memecoins. I think this is the most interesting (and risky) category. But since we are pushing into NEW territory here, the valuation the market may give some of the new protocols, especially if they show revenues, is uncapped. My guess is that any unicorn protocols will be in this category. MY RECENT INVESTMENTS AND WHY 1) $HOOKR (@Hookrfun) Saw this early on at about a 300k market cap and again at about 1.2M. Picked up close to ~3% of the supply to hold. Setting aside the project's utility, the name slaps and is catchy. Turned out to be the right move because over the past week I've seen a 20-30x from that (price hit ~7M recently and seems poised to cross the 10M threshold). Probably my favorite RH bag atm. I threw in something like 13-14k and am sitting between 150k-200k USD, so I have a bag bias here. WHY DID I? The short is that $HOOKR is bringing v4 Uniswap hooks to Robinhood but doing so via a new kind of launchpad for programmable markets. This falls under my 'novel experimental infra' thesis. Instead of yet another launchpad for shitty, scammy projects no one gives a fuck about, HOOKR is creating a marketplace where you can launch a new token that offers a feature set to liquidity providers and token holders not available anywhere else. Basically, a new token liquidity pool becomes its own DeFi suite. Launch a new token pair via HOOKR, and the swap fees become something that can be 'defied' on. The accumulated pool fees, for example, can be used to lend to token holders, with the fees shared back out to the LP providers, providing extra yield not possible with a normal pool. The LP pool itself could also be used as a loan platform to issue loans, earn fees, and share rewards with LP providers, token holders, and so on. And some percentage of all this activity is fed back to HOOKR tokens. I actually think HOOKR could borrow some mechanisms from, say, @PrismMothership, where some kind of limited NFT is minted per X amount of @hookr tokens held, and the yield is shared out to the NFT. Would be the right kind of ecosystem to introduce NFT ownership. Still early here. I think we have the potential for a 100M cap coin or higher IF the platform becomes the go-to integration for new token launches that want to offer extra programmable yield to token holders that isn't available otherwise. And the market grows even higher if this is offered to existing tokens as well, making old tokens more exciting. The growth flywheel is clearly here. Early, but I think this is going to be one of the leading, if not the leading, Uniswap 4 hook platforms on Robinhood. Sitting at 6-7M FDV. I could see this hitting the 30M-100M range here. I'm holding this and expect this may be one of my best trades this cycle. 2) $INDEX (@TheIndexFi) I took a small position in @TheIndexFi about 3 weeks ago, betting this project could be an early settlement layer for Robinhood-powered tokenized equities. After a few weeks of nothing, it seems $INDEX may just be front runner for the second Robinhood listing, right after CashCat. It's a fairly straightforward protocol to understand and hold: hold the token and you 'earn' a share of the RWA stocks that are distributed. I've earned a few hundred $ worth of NVIDIA, APPLE, PLANTAR, and the like, just for holding a few days. I don't have a massive position here, but I'm up 3x-4x on my buy at this point and sitting on a five-figure position. I'm going to let this one sit. It's simple, but there's something about getting free blue-chip stocks for holding a token, with the stocks coming from protocol revenue. I could see a world in which this hits 100M+ WHY DID I? Hold token, earn stocks. Easy to understand, easy for normies to understand. Nothing super fancy, but simplicity here could be the siren call to normies. I could see a world in which INDEX partners with platforms and becomes a sort of onchain yield layer for web2 and web3 applications all over the place. And if Robinhood lists this, it's going to be 100M+ 3) $PRISM (@PrismMothership) Ethereum has gotten a lot of hate over the past year, but the truth is that big institutional capital will gravitate to Ethereum, not your X, Y, Z new chain. Ethereum has shown new life again, and I expect capital and liquidity to start rotating back into Ethereum. The pump will surely be hated by CT, but I want to position myself for this. Prism is the dead center of the current narrative storm, a narrative that has knocked me back into the market hunting for the next big-thing investment: @Uniswap v4 Hooks, which are completely game-changing imo. Prism is building an entire ethereum (and even multichain) marketplace platform around Uniswap hooks where you can basically customize your functionality at the swap layer. Every action that happens before, during, and after a swap atomically can be customized via hooks. Prism is building an entire platform around enabling novel activities here, which enables ALL KINDS OF NEW DEFI BEHAVIORS NOT YET POSSIBLE. What I like is that they are building an entire multi-layer ecosystem, with all revenues shared back to $Prism token holders (every token mints you an NFT, and there are only 5000 NFTs). The more applications built on this ecosystem, the more revenue flows back to token holders. That's why I'm calling this DeFi 2.0 here. If this narrative takes off, we could be looking at the birth of a new DeFi primitive and a whole new slew of new applications built on this. It's exciting, and I think it's momentous for DeFi. If 2020 was the spark that launched DeFi, then 2026 Uniswap Hooks could well be the rocket that brings DeFi to orbit. WHY DID I? This is my bet on Uniswap v4 hooks + Ethereum. It's been one of the 'harder holds' so far, as the price has been crickets while my Robinhood infra picks have been flying. Ok, I'm the guy who lost millions holding gaming bags for two years, so holding this for a couple of weeks ain't nothing hard yet. Still, I think this is going to rage pump at some point, and I want to be there for it. I love what this project is doing, and if there is one hold on ethereum I'm making, it's on $Prism. If Uniswap 4 hooks start delivering a new wave of DeFi applications, Prism will be right at the forefront. I think this could well be a 100M coin if the narrative pans out, and a poential B-dollar token if we actually have a real bull market. Closest comparibles I see might be Yearn in 2020 or maybe Virtuals platform in 2024. We're early, but this is probably the most exciting hold. I want more tokens. If there is one single hold this cycle, $Prism is that hold for me. This one might be a bit of a hold, though, because the current focus is on Robinhood. Ethereum tokens are lagging. I'm holding this one tight because I think attention will shift back to ethereum and this one is poised to rapidly reprice when that happens. I'm sitting on nearly a 6-figure position here and have over 2% of the supply. I'm holding this on the expectation that it will reprice to a 50-100M range at some point. 4) $0xZAPS (@0xzaps) Programmable execution layer for Uniswap hooks. This is by the same dev @NodarJ as $HOOKR. I normally don't like two tokens tied to a single developer, but these ecosystems are distinct enough that I can see this working. It's not ideal, but I do like how $0xzaps ties into the HOOKR ecosystem. While $HOOKR is sitting at ~6M+ at the time of writing, $0xzaps is $600k. WHY DID I? I think it's a side bet, but a cheap one, and a bet on @NodarJ as a developer. The actual platform being built there is substantive and valuable, so I 600k seems cheap. I could see a world in which the token hits 10M+. I accumulated a nice chunk on that speculation. While HOOKR is focused more on being a programmable launchpad for V4 hooks, with unique offerings like leveraged tokens, 0XZAPS focuses on packaging DeFi steps into capsules you can drag and drop into your platform as needed. It's a more generalized platform, but directly ties into the HOOKR ecosystem. $BOW (@longbowlend) This is trying to be the credit layer of Robinhood. You can take out loans against your assets. Think AAVA of Robinhood, but instead of loans against blue chips, you can take out risky loans against shitcoins, NFTs, and RWAs. This more closely matches the old ethereum lending platform that got 'hacked' (Matcha), where you could take out loans against worthless shitcoins. No surprised gamblers dumped insane TVL into it unless the platform got 'hacked' (i.e., the team ran off with the funds). I mean, it's not hard to see why this too is probably going to blow up (and I hope not in the bad way here, as some of these lending platforms have in the past). WHY DID I? Any protocol that enables riskier speculation and caters to degens is probably going to grow exponentially. That's basically my thesis: enable even riskier speculation. @prismassets Trying to be the Amazon of tokenized assets. Tokenized assets are a bit of a mess to find. Everything is all over the place: different chains, different platforms, and so on. PrismAssets is trying to make this easy and bring everything together under a single platform. They are also building a DEX for RWAs, which goes live next week. Could be a bullish price point for the project. It's confusing as fuck with the ticker name because $PRISM by @PrismMothership is also a Uniswap v4 hook platform on Ethereum, while $PRISM by @prismassets on Robinhood is a marketplace for tokenized assets. Please change your name to something else! WHY DID I? Honestly, I find tokenized assets confusing, and a marketplace that brings everything together and makes it easy to find what you want is useful. The marketcap was also attractive at the time. This project has less of a moat than some of the more technical infra plays. It's more of a useful UI dashboard. But the developer seems to be busting ass here. RWA Dex is interesting. If they nail this, that adds a bit of a moat here. This project is going to live and die, though, by how well they can attract actual users to use and stick around. Not going to be easy. This one has a wait-and-see for me. MICRO CAPS I GAMBLED THE FUCK ON Some other micro caps I'm holding. These are highly risky, but they may just blow up into something big. Buyer warning: these ones could go to zero. 1) $SCOPL (@scopl_live) - 500k ish DELTA is trying to be the Meteora of Robinhood. Useful. But DELTA is 10M FDV, and SCOPL is like $500k and doing some of the same things, with some new, very interesting mechanisms. It has a working platform you can actually use, and it's already pulling in some revenue. What sold me: you can set limit orders to sell your position with zero fees and zero slippage. But your limit order position earns you money from the protocol, since it doesn't sit on the order book but becomes part of the liquidity pool at your target price. This effectively means you are setting up a single-sided LP pool, earning fees while you wait for the order to fill, and, if your order hits, exiting with no slippage. Pretty cool, and I think given the platform is working and earning revenue, it has a lot of growth potential from this market cap. I think it's a good alternative to DELTA, even if the mechanisms aren't exactly the same. At 1/20th the price, it's a go for me. 2) $IMPRO (@impresio_ ) - 300k ish SocialFi on Robinhood. I'm not a fan of social fi at all. I hated the likes of Kaito. However, this is a low-market-cap bet that probably gets a fat pump. It looks like it actually works right now: bounties can be set up by projects (with the token used as escrow) for content creators to promote content on X. It looks like the sort of thing that might catch a bid and it's the first social fi project I've seen on RH. I bid on this given the market cap. 3) $DMND (@DMNDBasket) - 500k ish "Create programmable mixed-asset ETF-based baskets and indices across the entire landscape— stocks, memes, utilities" The ticker kind of sucks, but the project does not. Basically, create a basket of assets (ETF) with anything: memecoins, RWA/tokenized stocks, utility tokens, etc. The ETF can include both crypto assets AND traditional stocks, and it's going multichain (Robinhood, Base, and Ethereum). Why are there a number of new platforms that are allowing baskets of assets to be created and managed? But this team seems to be cranking out the work fast and adding a ton of new features daily. I don't think I've seen another product that allows multichain asset creation either. Big selling point: it's ~500k market cap and doing some of the same things projects that are 10-20x the market cap are doing, so... OTHER SHIT I DON'T HAVE A POSITION IN YET THAT'S INTERESTING 1) $DELTA (Meteora of RH, sitting at ~10M FDV. Probably goes way higher). 2) $NET (OHM Ponzi reimagined with new speculation by trying to tie in speculative games and RWA payouts. Cult crowd, insane APYs to be had. I think it's likely to blow up, but who knows where the top is. The worst thing about a cult ponzi is not actually being in that ponzi as it goes bananas) SUMMARY I wouldn't say I was extremely early here. I just started throwing in liquidity the past two weeks. But the market (at least on Robinhood) has been remarkably PvE. I'm getting mid-2024 vibes where you can take swings at brand-new projects with tiny market caps and try to decide which projects will attract liquidity. It's PvE, at least for now. How long that lasts, I don't know. I feel the Robinhood chain has some gas left in it, though. Let's see how my new investments perform over this next cycle.

Looks like those ICO participants who locked their @megaeth allocations for 12 months also get to join the "Stake for MEGA KPI rewards" fun over at the new staking dashboard: I assume this applies to all the public MEGA rounds (Sonar, Echo, Fluffles). Waiting on more details, but it appears your locked/vested $MEGA will by default be staked into the pools along with the rest of the stakers (i.e., those who stake their liquid MEGA). BUT WON'T THE LOCKED TOKENS EAT ALL THE REWARDS AND ADD TO SELL PRESSURE No. They will dilute the rewards, yes. But this won't add to the early circulating supply over the first year (and longer, depending on the kind of vesting). All earned rewards from KPIs will follow the same vesting schedule as the underlying tokens. So, if your ICO tokens are locked for the next 12 months, all the $MEGA rewards earned from unlocked KPIs will accrue and be released in 12 months at the same time as your locked tokens. So you get your tokens + a big chunk of KPI-earned rewards added to the pot. Cool. None of the ICO participants gets left behind. Conviction got you a bigger chunk of tokens, and you can also share in the rewards. I think this inclusion helps bind everyone closer to the ecosystem: now, there is a good reason for those with long locks to participate more closely in what's going on. This is a fair way to do it, as locked tokens don't receive liquid rewards until their vesting, so there isn't a supply dump. It also prevents unfair vesting where large chunks of investor/team supply get the bulk of the reward pool to sell. We've seen that trick play out with some of the other ecosystems (@LooksRare had this trick, @celestia as well), where 'investors' and 'team' are all locked at TGE, but they are able to stake their huge cheap supply of tokens into the reward pools and get liquid tokens, which they can sell into a tiny circulating supply. No such tricks here! With a huge chunk of the ecosystem incentives locked behind KPIs, staking here is far more interesting than the usual "stake and get X%" offers. Combined with the utility flywheels to build demand for $MEGA, it earns by staking for the KPI unlocks could pay out handsomely IF the ecosystem successfully expands.