哇塞你们期待已久的玩具测评来啦～ 😳🔥 今天的兔子震动棒 #Valor# 是来自 @Lovense 还没上市的新玩具👀 刚刚简单试玩了一下… 它的感觉居然有点像真实手指🥵💦 Wow… the toy review you’ve all been waiting for is finally here 😳🔥 Today’s rabbit vibrator #Valor# is an unreleased new toy from @Lovense 👀 I only tested it for a little while… and the motion honestly feels surprisingly similar to real fingering 🥵💦 原创投稿： @ToBulaer @ToBuerma @KawasawaSen @BulmaList #宝宝米奇# #测评# #玩具测评# #Lovense# #Valor#

Web3 版本的 HTTPS——机密协议 HTTPZ 要来了。 它使用 FHE 为每个应用默认启用端到端加密。 FHE 应用之所以一直没有普及，就是因为运行速度过慢。 这正是 @Zama 团队过去五年持续攻克的问题。 如今的 FHE 已经足够高效，能够支持任意类型的应用， 并能使用 Solidity、Python 等主流语言开发， 速度比五年前提升了 100 倍以上。 FHE 还具备量子级别的安全性，目前没有任何已知的量子算法可以破解它。 很多人以为 Zama 是新的 L2， 甚至我最开始也这样理解。 但实际上它不是新的 L1 或 L2， 而是 构建在现有区块链之上的跨链保密层。 这意味着用户无需桥接到新链， 即可直接从任意链与保密的去中心化应用（DApp）交互。 Zama 协议能够在现有的公链上，以保密方式发行、管理和交易资产。 本质上，Zama 协议就像 DEX 背后的“语言机”。 你在前端看不到它，但应用的每一步都在依赖它的基础能力。 ---------------------------------------------------------- The Web3 equivalent of HTTPS — the confidential protocol “HTTPZ” — is on the way. It brings default end-to-end encryption to every application through FHE. The reason FHE hasn’t gone mainstream in the past is simple: it used to be far too slow. That’s exactly what the @Zama team has spent the last five years fixing. Today, FHE is finally efficient enough to power real applications. It works with familiar languages like Solidity and Python, and it’s now over 100× faster than it was just a few years ago. On top of that, FHE provides quantum-resistant security, with no known quantum algorithm capable of breaking it. A lot of people still think Zama is launching a new L2 — I actually thought the same at first. But Zama isn’t a new L1 or L2. It’s a cross-chain confidentiality layer built on top of existing blockchains. This means users don’t need to bridge anywhere. They can interact with confidential DApps directly from their current chain. The Zama protocol enables confidential asset issuance, management, and trading across existing public blockchains. At its core, the Zama protocol works like an execution engine behind the scenes — invisible on the front end, but powering everything underneath.

#CDCClub# X Space Roundtable From Chengdu to Global Web3 — where ideas meet real builders. 复盘香港·追问未来 #RWA# 的资产突围与流动性困局 Join builders & creators to discuss: 📍 RWA的本质与现状，到底解决了什么？ 📍 当前RWA的主要资产类型？ 📍 RWA的核心问题：“信任”与“风险”？ 📍 RWAWeb3新的“基础资产层”？ 📍 接下来RWA会爆在哪？哪些方向最值得提前布局？ 🎙 Hosted by: @CindyCreation #CDCClub# 👥 Speakers: @xizhe_chan @RWA_LTD @ThePointOfU @AzothFinance @0xMagicA @0xForsay 📅 Apr 28, 21:00 (UTC+8) 🎧 X Space (CN) 点击预约:

最近在新加坡，很开心听到很多关于Web3➕AI的项目在规划中，因为以前经常听到很多垃圾项目rug，交易所跑路，最近也有很多，今天不就有个2折收号的么…… 很多人对币圈的理解是盘子币，对币圈的人嗤之以鼻，但是其实区块链有很大的意义，真正做事的人，到哪里都受欢迎，区块链的核心是可信、透明、可编程，而AI的核心是自主、高效、智能化，当这两大技术碰撞，诞生的AI支付基础设施就有极大的意义！ AI支付/AI算力层/AI数据层/AI治理层 Great to see so many Web3+AI initiatives kicking off in Singapore! Sure, we still have rug pulls, exchange troubles and sketchy deals. But blockchain & AI are game-changers. From AI payment to computing, data and governance — these are real utilities.

Over the past two weeks, our team XDO has been working closely with @worldlibertyfi — and honestly, it’s been a real surprise for me. 最近两周，我们团队XDO开始和 @worldlibertyfi 密切合作，狠狠的教育了我！ Tbh, I had my own stereotypes at the beginning. Trump-backing, access to top-tier global resources — I assumed the team would be the type like: big vision, endless resources, everyone coming to them instead of the other way around. I mean, you can easily afford to be a “laid-back” team with this level of privilege and prestige.😂 说实话，刚开始接触的时候我是有刻板印象的。总统家族背景，全球顶流资源，我assume团体风格会是：愿景很大、资源很多，一定是所有的资源去找他们。可以猜想这种有顶级资源的美国团队有多么躺。 But after two weeks of working with them, I was genuinely impressed — even humbled. 但接触下来非常惊喜，甚至教育到我。 On nye, co-founder @ZachWitkoff was still handling interviews job. By Jan 2nd — when most people were still in holiday mode — their entire team was fully back in action. Every sync was well-prepared, execution was fast, and nothing was half-hearted. Even though many team members didn’t come from a Web3 background, everyone was actively and intensely learning. In every discussion, they consistently identified the single most critical key to success, made fast decisions, and mobilized the entire team to execute. From @ZachWitkoff & @zakfolkman founding-team-level market strategy decisions to execution, implementation, and even contract reviews — all of that can happen within a single day. 新年当天，Co-founder @ZachWitkoff 还在处理这面试的工作。1月2号，当大多数人还在休假模式的时候，他们已经全员到岗火力全开了。每次对接，准备充分，执行迅速，一点不含糊。虽然，很多人之前没有Web3背景，但是每个人在饥渴的学习Web3的知识。并且每次探讨中，总是可以找到决定事情成功的最核心的KEY，然后快速决策并全团队响应执行。是的，从大市场战略的Founding team决策到对其执行到落地执行包括审核合同，一天足以。 This made me reflect: why is a team with such a background working even harder than many startup founders? 这让我开始反思：为什么有这种背景的团队，反而比很多一般的创业者还拼？ My guess? Because the whole world is watching. If a normal project fails, you pivot and start over. But WLFI is different — with this kind of background, success is expected. That expectation pushes the founding team to focus on how to succeed even more. That pressure forces them to put in 200% effort to prove that what they build goes far beyond what their so-called “background” could ever hand them. 我猜的——因为全世界都在看。普通项目失败了，换个赛道重来就是。但 WLFI 不一样，顶着这种背景，成功变成了是应该的。所以，整个创始团队更聚焦在如何可以更加成功！这种压力，逼着他们必须用 200% 的努力去证明自己可以做的事情要远远超过他们“所谓的背景”可以给予的。 Another detail I noticed: their execution logic is extremely clear. It’s not the “we have resources, let’s just throw money at it” mindset. They are deliberately building long-term value step by step. They value every partner and every dollar — while also knowing how to turn those into weapons for rapid market capture. And when it comes to critical decisions, they don’t hesitate to invest heavily. You can imagine what this combination can ultimately become: top-tier resources + top-tier execution + a massive market = Massive future for @worldlibertyfi $USD1 By the way, this also validates a thesis I shared in my previous article (link below): in 2025, stablecoins are increasingly becoming the bridge to mainstream assets. Sustainability at the business level matters — and this is exactly the direction we’ve been betting on. 而且我观察到一个细节：他们团队做事的逻辑非常清晰，不是那种「有资源就随便造」的心态，而是真的在一步步构建长期价值。珍惜每一个合作伙伴，珍惜每一分钱，但是同时这些也可以成为快速抢占市场的武器。对于关键事情上，丝毫不吝惜。我们可以想象这种组合——顶级资源 + 顶级执行力 + 超级大的市场 WLFI USD1可以成为什么样最终形态。顺便说一句，也验证了我在之前一篇长文里的思考，今年稳定币成为连接主流资产的趋势越来越明显了。业务本身的可持续性。这也是我们一直在押注的方向。 So YEP! My view on WLFI has completely changed. This is a team that genuinely takes execution seriously, and have the power to make all dreams come true. 所以我现在对 WLFI 的看法彻底改变了。至少从合作体验来说，这是一个认真做事并且有实现造梦能力的团队。 If people with backgrounds are working this hard, what excuse do those without one have to be laid-back?? 「Don't make excuses for not being where you want to be. It usually comes down to not trying hard enough, or focusing on the wrong things.」 「Jiayi never used to create anxiety. But from now on, anxiety and self-reflection start with Jiayi.」 有背景的人都在拼命，没背景的凭什么躺平？ 「不要给自己的不够优秀找借口。大多数就是自己不够努力，或者努力方向不对！」 「Jiayi之前不制造焦虑。但是从现在开始，焦虑和反思从Jiayi开始。」 Side note: after deeply engaging with the founding team, I started allocating heavily into $ALTS (already 100% in profit so far) and $WLFI. I’m happy to say that so far, the results have been very encouraging. 题外话： 正式因为深度的接触了创始团队后。我开始重仓WLFI的DAT股票 $ALTS (且翻倍了）和 $WLFI。很开心，目前为止，让我看到了好的结果。 LONG Crypto 🚀 LONG Stablecoin 🚀 LONG Myself

和Quant Alex @StochAlex07 讨论： SABR Theta与Spot Theta+Vol Theta+Cross Theta的异同与应用，以及SABR模型自洽性分析。 **English Summary of the Chat** **SABR Theta vs Spot Theta + Vol Theta + Cross Theta** The conversation between **Alex Wu** (white bubbles) and **Jeff Liang** (green bubbles) is a technical discussion focused on **SABR Theta versus Total Theta** (i.e., Spot Theta + Cross Theta + Vol Theta), model self-consistency, PDE residual, and the correct definition of SABR Greeks. ### Key Points Discussed: 1. **SABR Gamma = Spot Gamma** (first major question, raised by Jeff) Jeff asked whether SABR Gamma (\(\partial^2 P / \partial F^2\)) is identical to Spot Gamma and whether it includes the dependence of \(\sigma_B\) on \(F\). He also provided the full chain-rule expansion of SABR Gamma in terms of Black-76 Greeks. Alex confirmed the understanding and **later affirmed in code** that this is exactly how SABR Gamma is implemented in their system. 2. **SABR Theta vs Total Theta and Model Self-Consistency** (main topic, led by Jeff) Jeff shared a clear 3-point understanding: - SABR Theta is computed directly via the SABR approximation formula to obtain \(\sigma_B\), then applying the Black-76 chain rule: \(\partial P/\partial t =\) BS_Theta(\(\sigma_B\)) + BS_Vega \(\cdot \partial\sigma_B/\partial t\). - Total Theta is the exact decomposition from the SABR PDE (Spot Theta + Cross Theta + Vol Theta). - When the model is **fully self-consistent** (Residual = \(\partial P/\partial t + \mathcal{L}P = 0\)), SABR Theta = Total Theta; otherwise the difference is the unexplained PnL caused by the approximation error in the Hagan formula (especially pronounced in long-dated, high vol-of-vol, or high-skew options). 3. **Practical Implication – Theta Decomposition Decision** (comment by Alex) Alex noted that whether to perform Theta decomposition depends on the risk-management approach: - Without decomposition → use SABR Gamma vs. dP/dt. - With decomposition → SABR Gamma maps to Spot Theta, Vanna to Cross Theta, and Volga to Vol Theta. **Overall Tone**: The discussion is highly technical and collaborative. Jeff drives the conversation by asking clarifying questions and presenting a well-structured 3-point summary of his recent study. Alex provides confirmations, practical insights, and code-level validation. Both participants demonstrate a strong command of SABR model nuances, particularly the relationship between approximation error, PDE residual, and real-world risk management.

来了来了——基于 Zama FHE 协议的 首个自托管银行 要来了。 @raycashxyz 团队把“链上隐私”和“传统支付体验”整合到一起，自托管银行由此诞生了。 不同于传统银行，自托管银行的余额和交易在链上是 完全加密 的，既能计算、能验证，又不需要信托机构代持。 换句话说： 你的钱不进别人手里 协议（@zama）也看不到你的账户余额 但系统依然能正常工作 他们的目标非常务实： 链上： 资产是你的，别人动不了 链下： 仍然能用借记卡、IBAN 做支付、兑换、质押 安全与隐私由协议保证，而不是靠人品或机构背书。 如果真能做成，体验会非常接近一个功能完善的银行账户—— 但资产 完全在你自己的钱包里，没人能冻你、卡你、动你、替你保管。 整体感觉这不是在“发明新银行概念”， 而是把加密世界该有的底层安全性 和现实世界金融该有的可用性 真正整合成一个 终于能落地的东西。 @zama #ZamaCreatorProgram# Here it comes — the first self-custodial bank built on Zama’s FHE protocol is on the horizon. The @raycashxyz team is combining on-chain confidentiality with the traditional payment experience, and that’s what makes a true self-custodial banking model possible. Unlike traditional banks, balances and transactions are fully encrypted on-chain. They can still be computed, validated, and processed — without any trusted custodian. In other words: Your money never sits in someone else’s hands Even @zama can’t see your balance Yet the system runs smoothly Their goals are impressively practical: On-chain: your assets are yours — no one can touch them Off-chain: you can still use debit cards, IBAN, payments, swaps, staking Security and privacy come from the protocol itself, not from human trust. If they succeed, the experience will feel like a fully functional bank account — except all assets stay entirely in your own wallet, immune to freezes, holds, or custodial risk. This doesn’t feel like “inventing a new type of bank.” It feels like merging crypto-level security with real-world financial usability into something that can finally be deployed. @zama #ZamaCreatorProgram#

The real victory is the respect you earn from your teammates and opponents.⏹💘🥵30939 每日财经快讯传递市场行情政策动态，在天津上班族习惯浏览财经新闻资讯和科技突破带来的产业升级变革，紧跟时代发展步伐选全国妹妹👉@_BrooklynMuniz