Loading video...

Video Failed to Load

Go Home

We know #pDAI parity is required before the bridge + Railgun releases are fully activated. But what about the rest of the PRC-20 copies? There are two routes: BEFORE 1⃣PRC-20s are already matched with their wrapped ERC20 equivalents on the L2. 2⃣The L2 reports down the correct state: pricing,...

21,126 views • 9 months ago •via X (Twitter)

0 Comments

No comments available

Comments from the original post will appear here

Related Videos

zkgm to $U all! as you may know, Union announced its BTCfi Flywheel Point Campaign a few days ago. this program rewards users with points for actions like bridging, providing liquidity through Union. basically, you bring value — Union gives you hourly points in return. the points increase depending on the LST you use, the bridging method, the pool you provided liquidity etc. so, i made a quick tutorial video to help you earn the maximum possible point multiplier in this campaign. but before we jump into the video, let’s take a look at what we’ll need: - $ETH on Ethereum ( $USDT, $USDC, or $DAI also work, but ETH is still needed for gas fees ) - $BABY on Babylon Genesis chain by the end of the video, we’ll have added liquidity to two different uniBTC/eBABY pools on Tower, which is a native DEX on Babylon Genesis. let’s get started. #UnionBTCfiFlywheel 00:00 - go to and make a deposit to receive uniBTC. 00:28 - head over to and bridge your uniBTC from Ethereum to Babylon Genesis using Union. this process can take 15–20 minutes depending on Ethereum finality. 01:32 - use to liquid stake your BABY and receive eBABY in return. 01:55 - add liquidity to the uniBTC/eBABY pools on Tower. since these pools currently have very low liquidity, you can only add in small amounts. that’s why i added liquidity in several smaller batches. by doing this, we followed the most optimal path to earn points. you can see the Union point multipliers next to each pool on the Tower interface. currently, there are 3 pools with a 2.5x multiplier, two of them are the ones we added liquidity to. the other one includes pumpBTC, feel free to try that as well. more liquidity for other Union-bridged BTC LSTs will be available over time.

utku 🦥 | Huginn

23,748 views • 1 year ago

I have spent the last 3 weeks working on a complicated tool/software for $AERO LPers to track their profits and losses across various liquidity pools on Aerodrome I have made immense progress so far but there is much more to accomplish before going public Not sugar coating it but there isn't a similar tool out there that is able to give accurate metrics and proper accounting Here's what it does right now > Compiles all your LP mints and withdrawal events > Computes the difference in USD value between entering an LP position and exiting it > This feeds to your impermanent loss or gain depending on the price movement of the underlying assets > Compiles all AERO rewards > Compiles all Fees earned (Since Aerodrome merges fees + LP position amounts when you withdraw, the tool had to separate principal from yield) > Compiles all gas fees paid > Gives you a USD denominated PnL > Gives you a net APR and a net return based on the period Here's what it doesn't do right now but will be added later > All AERO rewards have the USD value equivalent based on the price they were claimed at - future implementation would give them proper USD value based on your actions (selling vs holding) > No holding IL included (that's IL that is computed based on the difference between the moment an asset enters your wallet, either via purchase, transfer or LP event, and the moment it exists, either via a sell event, LP event or transfer. If it entered your wallet and you're still holding it then it gives your PnL between purchase timestamp and current price) > veAERO yield in case you've locked those claims and started voting with them > Live AERO rewards that are accruing in an active CL position > Full accounting for all Liquidity pools at once as it currently operates based on one LP / Gauge Once everything is tested and these additional things added then it will go public Prompting this terminal is going to be fully AERO aligned, meaning priced in AERO Would appreciate feedback

Roy

19,378 views • 5 months ago

So what exactly is Enosys Loans, and why should you be interested? Enosys Loans is an upcoming Collateralized Debt Protocol utilizing assets on the Flare ☀️ (FXRP, wFLR, stXRP, sFLR, etc) as collateral to mint a stablecoin (CDP). This differs from a traditional lend/borrow market like Kinetic.Market☀️ in that the Loans protocol itself is the counterparty to the loan, rather than a pool of user assets that are allocated for lending. In Enosys Loans, borrowers set their own interest rates, with 75% of the interest being paid to that collateral asset’s stability pool. (The remaining 25% is split between Enosys and the APY Cloud.) CDP holders can stake their CDP into one of the collateral branches' stability pools to earn real yield from the protocol, as well as incentives paid out in rFLR and APS. While in the stability pool, CDP staked by users may be used to cover debt during a liquidation event. If this happens, the value of the CDP used to pay the debt is rewarded with 1.05x its value in the collateral asset. Here is an example: A user takes $10,000 worth of wFLR and opens a new loan, taking debt of $5,000 CDP at a user set interest rate of 4%. Their wFLR being used as collateral is automatically delegated to DeFi Oracles, and they continue to receive delegation rewards and FlareDrops, claimable through Enosys. The user then takes $4,000 CDP and places it in the stability pool for FXRP, earning a share of 75% of all fees generated by the FXRP branch, as well as a share of rFLR and APS incentives being rewarded to that stability pool. They take the remaining $1,000 CDP and pair it with USDT0 in the Enosys DEX V3 LP, now earning swap fees, rFLR, and APS incentives based on their share of active liquidity on the CDP/USDT0 pair. A liquidation event happens on the FXRP side and $100 CDP of the users stake is used to cover the debt, leaving the user with a reward claim of $105 worth of FXRP at the liquidation price. So, the user is now earning delegation rewards, FlareDrops, CDP interest yield, FXRP liquidation yield, CDP and USDT0 swap fees, rFLR incentives and APS incentives. All at a user set interest rate of 4% on the initial debt. #XRPFI

Ēnosys

48,697 views • 10 months ago

🚨EVERYONE THINKS ETHEREUM IS DEAD That's exactly why I'm paying attention The market is treating $ETH like it's just another altcoin It isn't Ethereum has already fallen almost 70% from its all-time high, while Bitcoin has held up much better That underperformance is exactly why the narrative has become so one-sided "ETH is dead" "The cycle is over" "Just buy BTC" I've heard this before The easiest way to see what's happening is the ETH/BTC chart The ratio has been crushed for years and is sitting near levels we haven't seen in a long time After months of underperformance, people stopped comparing Ethereum to Bitcoin and started comparing it to every failing altcoin That's the mistake $BTC and $ETH are still the only two crypto assets with more than a decade of history, no insider unlocks, no VC emissions and real institutional adoption The difference is that their economics are no longer the same Around a third of all $ETH is staked, earning native yield while remaining locked inside the network Bitcoin doesn't do that New $BTC is still issued every day, and miners regularly sell part of it to cover electricity, hardware and operating costs Then look at the corporate treasuries Companies holding Bitcoin own an asset that doesn't generate cash flow on its own Companies building Ethereum treasuries can stake their $ETH and earn yield while they wait It's the difference between holding an asset... And holding an asset that pays you to stay patient That's why I think the market is pricing Ethereum like a broken asset while ignoring how much its structure has changed over the last few years Could ETH still go lower? Of course. Markets always overshoot. That's why my interest starts between $1,400 and $1,050 Not because I know the exact bottom, but because that's where the risk/reward finally becomes asymmetric Last cycle everyone was calling for $10,000 $ETH It never happened This cycle everyone is calling Ethereum dead Markets have a funny habit of disappointing the majority I'm not bearish on both I just think the asset everyone has already given up on often becomes the one that surprises the most That's why I'm buying fear instead of chasing strength Maybe I'm early But I'd rather accumulate when everyone hates Ethereum than fight the crowd after it starts making new highs again Follow and turn notifications on Next few months could completely change the narrative

BLADE

27,548 views • 1 month ago

Ronda’s most famous bridge was built after the first one collapsed into the gorge and killed around 50 people. That happened in 1741. The town still needed a way across El Tajo, the gorge that cuts Ronda in two, so they tried again. The replacement became the Puente Nuevo. Construction took decades. It was finally completed in 1793, with the bridge rising roughly 98 meters from the bottom of the ravine. If you’ve ever seen a photo of Ronda, you’ve probably seen it. What I didn’t realize at first was how important the bridge actually was to the town. El Tajo doesn’t sit somewhere outside Ronda. It runs right through it, with the Guadalevín River far below and neighborhoods on either side. The bridge wasn’t built to look impressive. People needed to get across. Much of the stone used to build it came from the gorge itself, which explains why the bridge looks almost like part of the cliff when you see it from below. I wouldn’t come here, take the usual photo and move on. Walk across the bridge first. Look down into the gorge. The drop is enough to make you watch where you’re standing. Then get below it. That’s where you really understand how big the thing is. From town, it’s a bridge. From the bottom of the gorge, it looks like someone built a stone wall nearly all the way up to Ronda. There’s plenty beyond the bridge too. The old quarter still follows streets laid out long before the Puente Nuevo existed, and Ronda’s Islamic past is still visible in places like the Arab baths near the river. There are older crossings as well. It’s called the New Bridge because Ronda already had bridges before it. I’d stay overnight if I could. Ronda is the kind of place that’s easy to turn into a quick stop on an Andalusia itinerary. Arrive, photograph the bridge, eat lunch, leave. I’d rather be there later, when some of the day-trippers are gone. Walk through the old streets. Cross the bridge again. Have dinner somewhere nearby and come back to the gorge without watching the clock. The Puente Nuevo is impressive even if you know nothing about it. But knowing that an earlier bridge collapsed, that the town spent decades building another one, and that people have been crossing it since 1793 makes it a lot harder to look at it as just another photo stop. The photo might get your attention. The story is usually what makes you care about the place. If that sounds like your kind of travel, subscribe to my newsletter.

The Timeless Traveler 🇺🇸

162,812 views • 17 days ago

Let’s make this clear: Arch is not an L2. The label gets thrown around because people see our custom execution model, and assume a familiar category. But categories only help when they reflect how a system actually works. Calling Arch an L2 only creates confusion about what the architecture is doing. L2s require that users bridge or wrap their assets in order to access greater programmability. They maintain a separate state machine that only syncs back to Bitcoin, if ever, when transactions are posted back as post commitments or proofs on the base layer. Their transactions aren’t dependent at all on what is happening on the Bitcoin base layer, since their execution and validator lives entirely elsewhere. The ArchVM works differently. ・The same validators that approve the transactions within the ArchVM also have proportional key shares within Arch’s FROST + ROAST cryptography on Bitcoin. ・State changes are reflected accordingly, with a real-time mempool indexer and a DAG (Directed Acyclic Graph) that keeps track of the state transitions on arch and the corresponding asset transfers on Bitcoin to ensure they remain atomic. ・Its rollback/reapply method ensures state consistency, allowing Arch to give applications a pre-confirmation, allowing users to break away from the user experience issues that come with Bitcoin’s slow block times. That’s how Arch can bring financial logic to UTXO-based assets on Bitcoin, keeping actions taken within our suite of apps and aligning them at every stage with the base layer. Developers can coordinate activity, enforce rules, and build onchain applications without introducing wrapped assets, bridging models, or security assumptions that force users to move their assets elsewhere. It’s a model unlike anything Bitcoin has ever seen… and unlocking a form of Bitcoin programmability that has never been feasible until now.

Arch Network

13,601 views • 9 months ago

Given the current bullish market sentiment and the evident shift of users towards more volatile assets, there's a steadily increasing demand for stablecoins within the ecosystem. This shift is underscored by the growing use of leverage, where users borrow stablecoins to amplify their exposure to preferred volatile assets or to implement various strategies in DeFi. As the #MultiversX ecosystem currently lacks a native stablecoin, it faces challenges in achieving mature stable liquidity. Recognizing this gap, Hatom has significantly advanced in developing $USH, the first native stablecoin for #MultiversX. This stablecoin is akin to $DAI, the pioneering decentralized and over-collateralized stablecoin known for its resilience through numerous stress tests over the years, but will also feature some unique characteristics and design implementation. Within the #MultiversX ecosystem, the currently limited liquidity of stablecoins has led to notable metrics in the Hatom Lending Protocol. Here, the yields users can generate on their $USDC or $USDT have escalated to impressive middle double-digit percentages. This situation offers a golden opportunity for individuals with idle stable assets in their portfolios. The Lending Protocol is an appealing option to leverage these assets, offering remarkable flexibility—there are no lock-up periods, and it carries no risks of impermanent loss. This makes it an excellent choice to generate additional revenue while waiting for those assets to be deployed. Breaking down the current yields through the Lending Protocol as follows: • A 36.83% yield on $USDC, with 32.88% APY derived from the natural supply and demand within the lending protocol—where borrowers are paying the lenders. Additionally, the yield can be increased by 3.95% through the Booster. • A 40.24% yield on $USDT, with a 33.68% APY from providing liquidity to the Lending Protocol, which can be further boosted by 6.56% by staking $HTM into the Booster. All rewards generated through the Booster can be further amplified by 5% with the Accumulator if claimed in $HTM. *For a comprehensive understanding of how the Booster and Accumulator work, please read Hatom's official documentation. Clarification on the yields is crucial, as there is considerable interest in understanding the mechanics behind these attractive rates. Essentially, the yields on both $USDC and $USDT within the Lending Protocol are derived from the dynamics of supply and demand. Suppliers contribute funds to a pool from which other users borrow. As borrowing increases, so does the pool's utilization rate, leading to higher interest rates in both the supply and borrow markets. To achieve an optimal balance, borrowers are incentivized to repay their loans due to the higher cost of loan, which, in turn, provides lenders with more attractive returns on their deposits. This self-regulating mechanism ensures the Lending Protocol maintains a healthy equilibrium between supply and demand, optimizing yields for all participants. Rewards are paid out in the same assets that users deposit. For instance, if a user deposits $USDT into the money market, the yield generated will also be paid in $USDT. The sole exception to this rule applies to Booster rewards, which are paid out in $USDC or $HTM, with the latter offering a 5% premium. **Please note that the yields presented in this post represent current values at the time of posting and may differ by the time you read this. The most efficient way to take advantage of the high yields on the stablecoins is to bridge liquidity into the ecosystem through the official bridge developed by the #MultiversX team. The process is simple and efficient, allowing users to bridge from both #Ethereum and #BSC. You can access the bridge through the following link: To participate in the #MultiversX ecosystem, you will require a compatible wallet, which can be found here: Once your assets are ready, you can supply on the Hatom Lending Protocol by accessing this link: To facilitate your journey, please follow this step-by-step video tutorial, which covers all the basics, from the creation of a #MultiversX wallet to bridging and depositing in the Lending Protocol, to take full advantage.

Hatom Labs

159,969 views • 2 years ago

Tether’s announcement of a $1 billion profit in Q1 2025 is an impressive headline, but when placed in the broader context of financial history, it’s also a textbook symptom of a buildup before collapse‼️ This mirrors precisely what Stefan Ingves warned in this video. A high performing institution that is rapidly scaling appears profitable in the early phases, while its internal vulnerabilities are quietly compounding. In the current high rate environment, sitting on over $90 billion in reserves especially with allocations into U.S. T-bills generates significant passive income. But here’s the kicker. This kind of yield only works as long as users trust the peg and do not redeem in large volume. If redemptions spike or liquidity is questioned, Tether would need to liquidate those assets, possibly at a discount, especially the risk-weighted parts (gold, BTC, unsecured loans). Now think of the eerie parallels to history. In 2007, Lehman Brothers reported strong quarterly profits, fueled by mortgage backed securities and repo leverage. On paper, they looked healthy until liquidity evaporated, collateral was questioned, and counterparties stopped trusting their balance sheet. By the time the public saw weakness, the internal rot had already materialized. Their quarterly profits before collapse were not signs of resilience, but of mispriced duration, leverage, and risk. A billion dollars of profit in Q1 looks impressive to retail. But to systemic analysts, it’s confirmation of fragility. It’s the profit spike before enforcement hits, before liquidity is pulled, before redemptions test the narrative. I cannot make this any clearer. Tether will implode ☢️

Mr. Man

40,223 views • 1 year ago

🚨 WARNING: MONDAY COULD BE THE WORST DAY OF 2026!! Urgently take a quick look before the weekend. Trump just said 1,000 missiles are locked and loaded and aimed at the Islamic Republic of Iran. Markets will be hit from ALL sides. 1,000 missiles. If you're holding assets right now, you MUST read this: When markets open next week, this won't be "just another dip." Stocks will dump. Bonds will dump. Metals will dump. Bitcoin and crypto will dump even harder. Insiders and big funds are already selling EVERYTHING. They're not chasing rallies. They're cutting exposure and preparing for increased volatility. At the same time, pressure is building across the global financial system. The Federal Reserve has signaled that higher interest rates are here to stay. Japan has officially entered the market with yen intervention. Meanwhile, both China and Japan continue reducing their U.S. Treasury holdings, putting additional pressure on the world's largest bond market. When the biggest foreign holders of U.S. debt step back, liquidity vanishes. → Interest rates are staying higher for longer. → Japan is actively defending the yen. → China and Japan are nonstop dumping U.S. Treasuries. → Liquidity conditions are tightening across financial markets. → Bond market volatility continues to increase. → Funds are reducing equity exposure. → The AI-driven rally is rapidly losing momentum. → Risk appetite is fading across multiple asset classes. This is no longer a single-market story. Multiple sources of stress are converging at the same time. That's how financial chain reactions begin. As liquidity disappears and capital flows reverse, fear spreads quickly across every major asset class. This is no longer just about positioning. It's about systemic pressure building beneath the surface. When liquidity dries up, markets don't correct gradually. They crash fast. I have spent decades studying macro cycles, liquidity flows, and systemic market reactions like this. Keep in mind: I’ve called every major market top and bottom for over 10 YEARS. I was one of the only people who called the top in October, and I’ll do it again, that’s literally my job. If you still haven’t followed me, you’ll regret it.

DANNY

221,861 views • 1 month ago

North east Lincolnshire council are having a meeting today to discuss putting signs up around a bridge saying 'RAPISTS OPERATE AROUND HERE' CCTV and lighting is considered disproportionately expensive options 😲 Complete removal of the bridge is also an option We have had TWO RAPES and one VIOLENT ATTACK in the last couple of years on this bridge and all the council want to do is put up signs warning people that the bridge is DANGEROUS Full video in the comments 👇🏻 A petition signed by over 200 residents last year called for action to improve public safety at Fuller Street Bridge, such as lighting, improved signage "to allow the public to make informed decisions" about crossing a bridge where sexual assaults have been reported has been recommended with lighting and CCTV considered disproportionately expensive options. A decision on possible extra safety measures at Fuller Street Bridge, Cleethorpes, is due to be taken at a meeting today, Monday (January 26) after council officers reported back on the options to increase safety It followed the reports of alleged rapes to Humberside Police in January 2024 and February 2025 Cllr Ron Shepherd (Conservative - Scartho Ward), has since held two meetings on the matter, in June and September 2025. At the last meeting, he tasked council officers to report back with costings on possible lighting and CCTV measures, and for greater detail on the bridge's structural integrity and data on reported crime in the area These have now been put together. Based on the data showing Fuller Street has "less crime than the immediate surrounding area" and the bridge "significantly less", a council report concludes it would be a disproportionate level of spend to invest in lighting and CCTV for the bridge, or lighting for the North Wall area Complete removal of the bridge is mentioned as a possible option, with its proximity to the lit Suggitt's Lane footbridge referenced. But the report states public opinion must be considered. Instead, new signage is recommended A review of reported crimes between September 2023 and October 2025 found 294 recorded crimes in the local area, including neighbouring streets like Neville Street. Three crimes have been recorded as taking place at the bridge, two sexual offences and one violence against the person Options include: Lighting and CCTV on the bridge: £7,000 for the lighting, £21,000 to install the CCTV and about £3,000 a year to maintain the CCTV. Standard lighting at North Wall, from Fuller Street Bridge to Wonderland, and from the bridge entrance to the port entrance: potentially up to £325,000, with around £2,500 annual costs, but installation costs could be reduced dependent on permission to install columns behind the sea wall. Solar lighting along the same North Wall section: £200,000 installation costs, with annual costs potentially much less, but dependent on lack of vandalism For bridge lighting, Network Rail permission would be needed. For the North Wall lighting options, it is also recommended that a 110 metre footway be created for safe access between the wall and bridge. This cost has not been estimated. The North Wall options require not just the green light from Network Rail, but also landowner's permission and the Environment Agency's sign-off too. Council officers have also looked further into the bridge's structural integrity "The minimal work required to make this site safe is to fix protective panels over the failed areas," the council report states But it recommends replacement of the parapet mesh to avoid possible future problems, and other works The cost of these is not detailed. But linked to this, the council would have to pay for a legal agreement and track possessions to be reached with Network Rail It is stated these costs are decided by Network Rail and can range from £5,000 to £250,000. "There’s no way to know what it will cost before it’s been created," the report says

Active Patriot

38,892 views • 7 months ago

March is almost here… And IDOs will start blooming 🌺 We have some really cool projects lined up that we think you will love! The first one is here: say hello to Ordify 👋 Let's face it… in the blockchain playground, currently, there are two biggest guys who call the shots: Bitcoin and Ethereum. Both the chains and currencies reign supreme in the crypto world. Ordify is now entering the scene as the first launchpad on the Bitcoin blockchain, pioneering the integration of BRC20 tokens in a never before scene move in the space. They aim to streamline the token launch process by integrating BRC-20, Stacks, and Rootstock layers, providing end-to-end support for projects. As part of their efforts to enhance user investment experiences across chains, Ordify is set to launch the multi-chain ORFY wallet that boasts compatibility with BRC-20, ERC-20, Stacks, and Rootstock tokens, enabling seamless participation in Ordify's IDOs. The team has everything carefully thought out, so if you're wondering how this project works with tokens from different chains, they already have an answer for you. The ORFY Bridge is crafted to enable transfers of native BTC tokens to the Ethereum network. This will be a key feature for projects aiming to operate on both ecosystems, that will be able to enjoy this disruptive connection in the crypto scene. This connection not only allows BRC20 projects to access dApps within the ERC20 ecosystem, but also solves the liquidity limitations that may be found on the Bitcoin network, by opening the doors to other chains. Their token $ORFY will be the first one to cross the bridge, as it will be minted on Ethereum, for broader ecosystem access, and then a certain percentage will be transferred to the Bitcoin network, capitalizing on its robust security and inherent value. Ordify's expansion plans are ambitious: become a launchpad across multiple chains, such as Ethereum, Polygon, Avalanche and others, create their own NFT platform and turn the ORFY wallet into an app, continuously integrating more features, with a common goal in mind: enhancing user experiences across various blockchains. The IDO of Ordify is arriving at Seedify in March, and we're certain you don't wanna miss it 😌 Stay on the lookout for more news!

vibe/vibe

90,072 views • 2 years ago

World Cup 2026 kicks off June 11, accompanied by 48 teams, and billions of dollars are expected to flow through prediction markets in real time. With these events unfolding, prediction markets are finding their fit as the world stage for expressing opinions on real world outcomes like the World Cup 2026. But most of that money will flow through systems that are designed to take it from you, like traditional sports betting. Traditional sports betting is built around a house and a bookie that sets the odds and profits from your losses. The house controls whether you can even withdraw or not. Pots Market is built differently. With the Polymarket integration, it inherits deep peer-to-peer liquidity from day one. Users buy "Yes" or "No" shares for an event, with prices fluctuating based on supply and demand, representing the crowd's estimated probability. There is no bookmaker that's control every bet like traditional platforms do. And Pots Market will have functions similar to a stock market. You can enter or exit a position at any time by selling your shares at the current market price before an event concludes, allowing you to lock in profits or cut losses. Here is what makes it different from anything else launching right now: (1) Resolution is on-chain, where the rules are visible to everyone and changeable by no one, making the code the referee rather than a central authority. (2) Capital is also programmable, where DeFi lending primitives let you size positions intelligently, sub-accounts isolate strategies, and the MCP interface lets you deploy autonomous AI agents to execute on your behalf. (3) And prediction is not limited to football, as crypto prices, and any real world outcome with a verifiable resolution becomes a tradeable position. The rate at which gambling amongst the younger populations is increasing is quite alarming, to say the least. It feels like almost every person within the age range of 18-30 is doing sports betting. With the largest sport event happening in just a few weeks, it is also the single largest coordinated prediction event on the planet, arriving at the exact moment when a generation of young, digitally-native bettors are looking for something better than what the house has been offering them. That generation already knows how to take risk. What they have never had is infrastructure that is not rigged and actually works in their favor. Pots Market is that infrastructure. Pots Market Pots Money

lefttoorz 👑

36,825 views • 3 months ago

The $250,000 ETH Productive Money Price Target Explained "You just have to look at the monetary premium that currently exists in gold and Bitcoin. If ETH is better money than gold and Bitcoin, it should capture the monetary premium of those two assets. Today gold has a market cap of ~$30 trillion and Bitcoin has a market cap of ~$1.5 trillion. If you divide that by 121 million ETH, you get a price somewhere between $250,000 and $300,000." Michael McGuiness continues: "I view Bitcoin and gold as the rough TAMs for scarce assets without counterparty risk. That's what gold is and that's what Bitcoin is... and I actually think that could end up being low because it doesn't include other TAMs like the broader money supply -- M2 is ~$22 trillion. There's a monetary premium in asset classes like luxury real estate -- you're not buying an apartment in NYC for the cap rate; it's more of a store of value. If the world converged on ETH as its store of value, it might win that monetary premium as well." Vivek Raman adds: "It sounds audacious but Ethereum is audacious. It's a new technology and people need to start thinking in exponentials... Institutional investors are starting to realize too that it's not just a discounted cash flow model -- Ethereum is not a software company. It's going for money. The repricing from an asset that's not well-understood yet to a productive money that's the global reserve asset is not something that's going to stop at a 10x... And that's what the opportunity is. There aren't many assets out there that have an intrinsic value floor with actual fundamental value plus a monetary premium -- and you have the ability to capture the growth of an entire network that's kind of like owning a piece of the Internet early on. That's what ETH is. It's one of the greatest assets I've ever seen." Mike adds: "I know the number can sound crazy on the surface, but one sanity check I like to do is: there's ~60 million millionaires and there's ~121 million ETH. If every millionaire globally tried to buy some ETH, they'd each be able to own ~2. Obviously there are people out there who own a lot more than 2 ETH, so it'd be less than that. So that's another way of thinking about these few-hundred-thousand-dollar price targets. I used to think about Bitcoin the same way. It's just a nice sanity check: If this is the global reserve asset and the world converges on it, and everyone tries to buy it, how much is left to go around?" Read the full report and watch the full The Edge Podcast interview with Vivek Raman and Michael McGuiness in the links below.

Etherealize

171,344 views • 4 months ago

Recorded on my laptop 50 mins ago, some footage of #Earth2's #WIP 510,000,000km2 geologically accurate #Metaverse, #E2V1, to be widely powered by $ESS 🌎✌️ This footage shows seamless navigation in a 1:1 scale virtual #Earth from space down to detailed biomes, geological accuracy, satellite image overlay, #Player owned properties, interactable / playable environments and so forth. Development on this scale takes time, but we have set a good foundation and continue to make progress plus we have a few new exciting updates to share over the next couple of months. The early stage #prealpha testing is running behind schedule, but will be going ahead in #Q3. We do have a shortlist for that test but emails have not yet been sent out just yet. I know a lot of people are watching the $ESS token closely, but as I mentioned a few times before it launched, we expected a number of #Players to sell, especially those who acquired their $ESS in the early days when it was easier to mine & then from the high #staking rewards that I said would never been seen again. But at the end of the day people sell for different reasons. The #Web3 market is also taking a hit right now with $ETH and $BTC dropping over the past week, further dropping 5-6% over the past 24 hours. As you know, we are not in control of the pairing or pools, if the pool is linked to $ETH as opposed to a stable coin like $USDC, the movement of $ETH will also have an affect on $ESS, whether up or down. There are many well established coins with years of trading that are down 10-20% over the past week. It is important to remember these are still very early days, we still have a lot of steps ahead of us and we are still actively building our flagship product, something I believe is going to develop into a very robust product built with the future in mind. #Earth2 #Metaverse #E2V1 #Earth #Earth2Version1 $ESS

Shane Isaac 🌍2️⃣

30,862 views • 2 years ago

GERMANY’S GAS STORAGE AT 50% IN AUGUST: BLACKOUTS AND FACTORY DEATH AHEAD Former Austrian Foreign Minister Karin Kneissl delivers a blunt assessment of Europe’s energy and industrial outlook. German gas storage sits at roughly 50 percent in early August — a level that should already be climbing hard toward the 90 percent mark needed before the heating season begins in October. Instead Europe faces a tightening energy noose that is already destroying the industrial base of Germany and Austria. THE ENERGY REALITY CHECK ➡️ Diesel prices in Munich have already hit around 2.50 euros per liter. ➡️ Some filling stations are posting signs that petrol is temporarily unavailable. ➡️ Qatar’s LNG capacity remains partially offline after earlier disruptions, removing a key alternative supply. ➡️ The United States is debating whether to curb its own LNG and diesel exports to protect domestic prices. ➡️ Europe’s remaining options are shrinking fast as winter approaches. THE GAS SHORTAGE COUNTDOWN ➡️ Only August and September remain to rebuild stocks before the heating season starts. ➡️ Normal summer buying at lower prices has failed to deliver the required fill levels. ➡️ A genuine gas shortage in autumn and winter is now the baseline expectation across the continent. ➡️ Secret German government documents already outline preparations for widespread blackouts lasting longer than twelve hours. THE INDUSTRIAL COLLAPSE ➡️ BMW has announced 8,000 job cuts at a company that until recently still looked relatively solid. ➡️ The German automobile industry, long the heart of the national economy, is turning factories into museums. ➡️ Volkswagen has broken its long-standing generational job guarantees. ➡️ Asian competition, AI displacement, and crushing bureaucracy are finishing what high energy costs began. THE AUSTRIAN DOMINO ➡️ Roughly 360,000 Austrian jobs are tied directly or indirectly to the German auto sector. ➡️ Key suppliers in Styria and elsewhere now sit on the edge as German production shrinks. ➡️ Even traditional Austrian industrial sites such as the Lenzing fiber plants are under severe pressure. ➡️ What begins as German factory closures quickly becomes Austrian mass unemployment. THE BOTTOM LINE Europe is walking into winter with critically low gas reserves while its most important industrial engines are already shutting down. Germany and Austria will feel the damage first and hardest. The economic future of both countries is being decided right now by empty storage tanks and silent production lines. #EnergyCrisis #GermanIndustry #AustriaJobs #GasShortage #BlackoutRisk #BMWCuts #Deindustrialization HT: YouTube Flavio von Witzleben

Mark

48,475 views • 24 days ago