coincounta

The first 6 months of 2027 in Ohio will be transformative. That includes aggressively prosecuting the waste, fraud, and abuse in Medicaid & returning that money back to law-abiding taxpayers in Ohio.

@sershokunin Amen.

RT if you want to see Sonic on Nansen.

@AndreCronjeTech @sayinshallah aww shit.. here comes @danielesesta in his revenge arc.

All these AI agent nonsense are making me miss the metamask support bots. Those were simpler times.

@Tetranode @Rabby_io already solved this with their gas account feature, iirc

@TophCoins @tayvano_ @btbulla69 @hosseeb @wsbmod @LewiLewiLewi X is amazing. where else can you find literal bag holding retards engaging with security researchers about decorum for reporting issues.

@tayvano_ @btbulla69 @hosseeb @wsbmod @LewiLewiLewi i literally don’t work there so you’re asking the wrong person. i’m going to continue about my day now thanks.

Yikes. Horrendously bad take. @tayvano_ is an OG. Every white hat in crypto respects the hell out of her and everything she does to keep this industry safe. And no, North Korea probably did not suddenly get into leveraged crypto trading overnight.

@dcfgod perfect timing for the newly launched bean fork to go parabolic imo ($pinto).

@0xShual Kero from DYAD.

Dips are for buying. What's on your shopping list?

@CarryWorm @mert Great point. A high % of founders in crypto are driven by greed vs true passion to solve a problem. It also comes down to fact that no one is focused on actual pain. Irl, pain drives behavior. Nobody cares about just decentralization because that is not immediate pain to them.

@mert Actually mostly agree with your point. But I think the root cause is not that crypto is somehow more social or more based on group think than other industry, it's that there's just a lot less skill and a lot more greed than in probably any other industry

an observation for the lack of exciting ideas in crypto crypto is socially driven narrative, group think (social consensus), and mimetic thinking are fundamental that's how most of these coins get their value, social belief but it's also how the cycles are determined, for example: - someone started the points meta? everyone else now adds points - airdrops? everyone else now adds airdrops - people are buying NFT X or Token Y? everyone is now looking at it and trying to buy it - someone succeeded off a memecoin? now let's launch 100k more - Polymarket started betting markets? everyone is now looking into it and perhaps most importantly: - project X got funding? now project X but on chain Y will get funding the market participants are entirely social animals — VCs, traders, but most importantly: even founders this is actually a much bigger problem than we think in regular tech, you are encouraged to be contrarian and come up with bold ideas — Peter Thiel captures this by noting that there's something interesting about the most successful founders having some sort of Asperger's syndrome — they simply don't care about social norms the opposite is true in crypto in crypto, you actually get short-term rewarded by being consensus, not contrarian — due to i) the liquidity of the markets ii) the values being determined socially this is obviously not a blanket rule, you can of course be contrarian and rewarded in crypto, just like how you can be consensus and rewarded in regular tech the point is that it's a numbers game the incentives in crypto are too skewed towards short-term consensus, which results in less founders building truly bold things, because i) they'll get mobbed on twitter, ii) they can get rich 10x quicker than the regular tech approach (illiquid equity, long vesting, not socially driven) and without founders being incentivized to build truly bold things that go against current social norms, you end up getting a lack of new interesting apps I mean this "cycle", we basically had nothing new or interesting — but I'm not sure if anyone even noticed because the price was going up, until it wasn't luckily the fix is simple, though not easy: update the culture to encourage bold ideas, rather than shunning them a good but controversial example of this is probably something like algo stables they blew up before, and now everyone automatically assumes the founder is a scammer or idiot if they attempt this idea again yet, the industry is only a few years old and it's precisely these kinds of problems that end up changing everything when solved bold ideas from founders who aren't affected by short-term monetary incentives and social shunning are how the industry will make it roughly 80% of this app is people saying "thing sucks, it is stupid" and then getting engagement, and then repeating it every day as their entire personality — nihilism might make you feel more secure for a few moments, but it doesn't build the future independent thinkers do

@adamscochran M&A for L2s seems like the next meta.

This year there will be hundreds of L2s and L3s. Next year maybe thousands. Five years from now? Maybe two dozen at most. Why? Most of them aren’t any different. “It’s an app chain for X” That has no new features, no new tooling, no new purpose. When incentives dry up, users leave unless there is actual value.

@censored___user @AtlasSowed Why do you think serious capital is not moving into the silo in hordes or not taking the 239x assymetric bet as well?

@AtlasSowed @DefiNation18 Beanstalk always pays its debts. When the protocol is over peg heavily, the mints are pretty substantial. They might not be for someone who has .05 eth in the silo LP..but for serious capital..the notion that the debt burden is too big to farm it..is kinda nonsensical.

Seed gauge not bringing us to peg is...depressing. Very demoralizing. People not active or still not incentivized? Either way, we still have to rely on eth. Until multi flow...a year from now

@AtlasSowed Well I get that everyone has their opinion but imo the only thing that will pass is a complete “state change”. Restructuring is never easy. If everyone is unhappy then that is restructuring done right.

@DefiNation18 Maybe. Atlas would support burning unripe stalk but restructuring pods is too far in my opinion.

Read this and tell me a blockchain doesn’t solve this trivially. But no, we need mass adoption through celeb coins. smdh. “Crypto” deserves every bad rep it gets because it normalizes extremely mid “KOLs” singularly driven purely by greed and fame.

@0xNesk @OneTrueKirk @lukedelphi @rowlandgraus DYAD has got this right imo. Overcollateralized but bringing in efficiency by tokenizing the overcollateralization.

@OneTrueKirk @lukedelphi @rowlandgraus It’s not even about being endogenous. You could use ETH, collat 1 to 1, and still become insolvent because ETH is a volatile asset that can dump and leave a hole in the balance sheet. There’s a reason why every (successful) stable backed by volatile assets is overcollateralised

Kind of want to try Luna again but without the mistakes

Bean and DYAD are the only ones attempting a completely decentralized stablecoin.

@mert @hexonaut Rai, amp, float. No peg no demand. @beanstalkmoney the only scalable, decentralized, sufficiently stable option.

@hexonaut what makes you say there's no demand?

don't let this distract you from the fact that it's actually a colossal problem that we don't have a really solid decentralized stable

@0xShual @vec0zy Stalk = ownership %, seeds = ownership growth factor. I mean there is more nuance in beanstalk than your average protocol but the doubling down on bespoke farming terms is completely unnecessary.

@0xShual @vec0zy End of the day, it boils down to staking for mints, term-independent debt and (newer/fert) term-independent pari-passu debt. The terms and intricacies of stalk/seeds make it unnecessarily seem complicated.

amazed $bean is still a thing tbh anyone remember this farm?