rig.service

$SKY is +45% YTD, the question for me is whether @SkyEcosystem is getting the credit it deserves. USDS has grown from $1.3B in January 2025 to $8.14B today, now the #3 stablecoin on Earth, ahead of both DAI and USDe. Sky earns ~$1.09M in recurring revenue, down over the past month even as USDS supply grew 39% YTD (watching this divergence) At $0.086, $SKY trades at 11.7x P/S on $171M annualized revenue If you use trailing year numbers (~$250M), it trades at 8x, the cheapest it's been on a revenue basis since the rebrand. Even if revenue were to stay flat at $171M with no growth catalyst, you're stuck at 11.7x; that's the floor. Buybacks are live, albeit at a reduced rate, which is good as it allows Sky to use their surplus toward rebuilding the capital buffer vs. just $SKY buybacks. Assuming governance does not extend it, we should see buybacks back at $300,000 per day by mid-June 2026. $300K/day in ~8 weeks, and at 8x trailing P/S, is very cheap. Lastly, we saw how Circle has behaved over the past month (Drift Hack, trying to liquidate Aave traders by changing the rates), the industry needs another stablecoin, and USDS fills this void. Sky deserves more credit than the market gives it. It's a matter of time until it reprices.

🚨Andrew Tate reveals the secret to manifestation: “Every single thought you have inside your head is basically the only thing that is real. You can completely change the facts of the universe.”

This is what me and my wife are doing now. Seems like the right time. Let us know what you think.

The truth will set you free.

@RichardHeartWin how's pulsechain doing sir

Happy Saturday!

Visual representation of someone pretending to help whilst causing pain.

@rustyrockets 🤝 Are a valuable commodity that most ppl neglect because of the 🤳

We’re being quietly destroyed by loneliness.

@SunnyDetect420 @pmb2007 all Pulsechain did was reveal a piece of who I truly am... y'all have no true leaders on chain... won't even shake hands with one another... the one great leader is a known con artist and scammer... just like the rest of the ppl who operate within it...

@SunnyDetect420 how we feeling now that $Atropa and $pDAI ecosystem is trending back to where it belongs. Running pulsechain

@TheGreekGod11 @SaschaKei @binance It's was fun while it lasted...

@binance A dozen more since then.

You are my _______

I’ve seen men with nothing build empires. And I’ve seen men with everything build nothing. The difference was never resources. It was always hunger.

The curse of awareness.

@benshapiro Ben loves "GRASS" puff puff pass...

“Only this president had the balls to keep the promises other presidents have made.”

@SIN3R6Y @AxisAlive starts from the leadership of the chain there isn't any

I've been working in silence for quite a while now. Tbh, I don't really even know where to start, so cue the rambling and ranting. Regardless of which side of the fence you sit on, no one can argue the past few years haven't been politically and economically wild. For crypto as a whole it feels like a never ending game of tug of war. A lot of X content has become toxic, so I just largely am not interacting these days. But I read, I read a lot of it. I think we like to forget history a bit in this community. $PLS launched off the highs, and the SEC swooped in right after. Very few people want to admit it, but it shook confidence immediately. I mean no other crypto project has survived such a thing at the time. But #PLS $PLSX and $HEX did. However, winning doesn't unshake that confidence. And RH during and after that event took social precautions to protect himself and his creations. Thing is, the guy isn't stupid. Someone once asked me if I thought certain aspects of the launch we rushed because he knew it was coming? And honestly, maybe. I'd attribute at least a non-zero probability to it. And If that were the case, im glad it was rushed. That case may have gone differently otherwise. Do I still think #PulseChain, #HEX, etc... all have futures? Yes. RH has had the opportunity to just straight up bounce from all of this. Why hasn't he? You could point to exhibit A, B, C, D, etc... of how he's likely got the funds to do that and we all could relatively do nothing about it. So why is he still around? I think it's pretty simple. The usual answer, he wants to win. It's in his twitter handle for Christs sakes. I'll go a step further and say he likely also wants us to win by extension, arguably not as much as he wins, but I mean that's pretty locked in at the moment 🤣 That's not to say he hasn't long been encumbered. And in that state, at lot has gone on without him. Much of which is / was bad. $pDAI guys... I pointed out from day one how building all this around a protocol in a dangerous state was a risky move. And I was right about that.... on multiple occasions... But does that matter now? I suppose not as much. In its current state, it's seemingly no longer exploitable. No different than a meme token now. (presumably, not like I have deep dove on any further risks since ESM). So I guess just whale risk mainly now? Now a lot of people here are in the anti-pdai camp. Me too for what it's worth. But I don't care as much about it's negative anymore in its current state. A lot of people are still in the #pDAI camp strongly. We view this as tribalism, but it's important to note that makes all of us in the #PulseChain camp universally. So these day I find myself relatively pDAI neutral. If you guys want to send it to $1 do it. Only whales can stop you, they run out eventually. (insert super strong this is NOT financial advice). Hell you can maybe even use Sigma to help? Or maybe it wont help, idk. Depends on how people use the software. Conversely, when looking at chain state overall... Why is there nearly $50M in stables sitting on the sidelines. Why not just bridge it out if you want out of what you think is a dead chain. Surely leaving it there exposes you to bridge risk? Why all these yield movements, why the $HEX dusts.... Something is happening. People are seemingly waiting to see what that something is. Or I am reading into things, NFA as always. This whole post is just ramblings of someone trying to do the best they can and certainly not any kind of advice. When I look at other ecosystems, I see a level of polish we don't have. I see tooling we don't have, I see a fostered developer environment we don't have. So I've just been building it, painstakingly.... Because someone has to if we want to be taken seriously. And what I've been building has allowed me to get Sigma to where it is. Sigma is so close... Really just in UI mode, performance optimization, going through nice to haves. I don't believe in launching in a non-finished immutable state. So yeah, I take my time. As with everything. But my point with all of this, and the "why" #Sigma question.... It's unifying, anyone can participate. Which tribe you're in doesn't matter. And if you don't like it, don't use it. It's just software you can use or not use. As it should be. The years of tooling work to deliver this has been a lot of work for one guy in silence. In that time AI has appeared. My take, every dev should be using it. Given the right direction and context. It will make you better. If you blindly trust it, it will make you worse. GPT 5.4 audits smart contracts better than most auditing services. Especially if you give it the context of what you are trying to do. Anyways I digress, testnet is soon. Soon more meaning a feeling of near completion not always reality. That how software is. I do think Sigma stands to unify the chain in a common goal, and shift liquidity into more meaningful places, but ultimately it up to the people the decide to use the software or not use it. And after these frameworks I've built will be applied to what I am tentatively calling the universal hex UI. More or less something aggregative of every derivative I can reasonably support. With data and analytics we since lost. So not just $HEX, $HDRN, and $ICSA, but others as well. However, that depends on some aspect of $Sigma to exist first, so sigma first, chain unity first. And last but not least, take care of yourselves and strive to do cool things. If we aren't doing cool things then what's the point? Hope you think my UI looks good, I spent a while on it. /rant

Men don't chase beauty... they chase THIS feeling

A tree shaped by the wind We are all shaped by our environment

@GeO_RiG1 @Waller7J And many mistresses

@Waller7J ...no they had wives...

The men who built this country didn’t have a podcast about it. They didn’t have a mentor. They didn’t have a course or a blueprint or a five step framework. They had a problem that needed solving and they figured it out. That work ethic didn’t disappear. It just got laughed out of the room by people who never built a damn thing.

@WWebprods62564 @PulseProveX lol... he's already in "prison"... at this point he might enjoy jail time tbh... least then he'd a valid excuse to complain... and a reason for you all to bitch and moan... ENJOY PULSECHAIN!

@PulseProveX Yeah. RH will enjoy prison

Something big is about to happen, I can feel that... $PLS $PLSX $HEX $PRVX