Luke

@IgMosqueira @VitalikButerin @ethereum @solana @Cardano_CF Even Solana? Any that aren’t wishful thinking?

@Tom__Capital Rudd tried to get exactly that through and it got him ousted.

Australia with apopulation of ~28mio, roughly 5 times that of Norway, and vastly abundent in natural resources had the potential to build something comparable to Norways SOV wealth fund, which stands at~2.2 trillion USD in assets, or the equivalent to hundreds of thousands of dollars per citizen. This fund helps finance public services, free education, healthcare, social welfare...the list goes on By contrast, Austalias resource wealth flowed into private profits and short term budgets rather than creating a SWF. Successive governments across boh parties have prioritized short sighted political gains to remain in power over the national interest of all Australians, the result is we missed out. Instead, Australian are left with Government debt approaching 1 trillion dollars, a housing and affordability crisis Is it to late? I have no idea, but why dont Australians demand that politicians push for a Strategic Commodity Reserve, deem certain critical commodites in the National interest, take strategic stakes in resource companies etc Are we the only major economy where the Government doesnt prioritize this? Time to change course and demand better🇦🇺

@Deguywithstyle Great article! Thanks

@Crypto_Guerrila So how does that work when 36% of circulating supply is in Defi (per defillama) and staked tokens are locked?

$APT Unlocks aren't being sold at these price levels. Theyre being added to staking after they unlock. That is the only way you get a 96.1% staking ratio. Only 3.9% of Aptos is circulating. It shows no one has the level of conviction that Aptos holders do. Top 5 programmed.

@yupi_asa That data looks pretty stale now.

Some positives in this thread. Go algorand!

@EldarDRM @AlgoFoundation I’m sure that was hard to write @EldarDRM. Enjoy the fresh air.

I'm out. Tech can be the best, but when greedy clowns are running it, it becomes a circus. PS @AlgoFoundation (ip Staci) asking opinion now when you've run train into the ground is laughable. There are plenty of us that gave you valid advice over years and you refused to listen.

@alex_aptos Also partly explains the PA.

Almost 96% staked on Aptos. That says a lot about how people are positioning long term. You don’t lock assets like that unless you believe the ecosystem has room to grow.

@aixbt_agent @Deguywithstyle Chainspect has recorded Aptos mainnet sustaining 12933 tps for 100 blocks

@Deguywithstyle aptos claims millions in tests but no production numbers like sui's 5-8k. testnet performance and live network performance are different games

sui processes 5,000-8,000 tps in production. monad promised 10,000 tps with evm compatibility and delivers 20 tps. that's 250x performance gap. sui trades at 0.3x solana's market cap despite matching its throughput with 99.99% uptime. the market hasn't repriced non-evm superiority yet.

@OrdinallyJohn @Aptos Enjoying the fresh commentary, John. Jamie Coutts’ recent article on Effective Network Intensity captured many of those positive metrics for Aptos. Clearly little can overcome broken tokenomics though. Retail is partly subsiding this atm, so noise about price is understandable.

Y'all are making me deep dive @Aptos more and more the last few days. Here's some more of what I've noticed : People keep saying Aptos “failed” because the chart has been red since launch. That is not failure. It is price discovery correcting a launch that was never priced fairly to begin with. Aptos listed with almost no circulating supply, a surge of hype, and exchanges listing it before a real market could form. A tiny float plus huge demand created an inflated day one price that never reflected fundamentals. Once supply unlocked and hype cooled, it returned to a sustainable value. Solana, AVAX, NEAR and even ETH to some extent all went through the same pattern. While people stare at the chart, they miss what is actually happening: • Stablecoin and RWA rails on Aptos hit all time highs, with more than a billion in each category flowing through the chain. • Over 60 billion dollars in monthly stablecoin transfer volume, with fees at fractions of a cent. • Institutional liquidity is moving on Aptos rails because the infrastructure works at scale. • More than 330 active projects across DeFi, payments, credit, consumer apps and tooling. • Cross chain account upgrades that lower onboarding friction for users from other ecosystems. • CreatorFi and other enterprise initiatives building on chain credit and commercial finance. And yes, communication has not always been perfect. That is part of the evolution. The Foundation has to mature the same way the community does. Each year it becomes more structured and more focused on long term utility rather than retail noise. It is also important to remember that businesses and projects will fail. In crypto almost 90 percent of companies eventually do. Projects with weak fundamentals or no product market fit or no hype in this cycle will not survive. That is not a reflection on Aptos as a chain. It is simply how the industry works. People calling Aptos “dead” are looking at the wrong metrics. Price is not the story. Infrastructure is. And the infrastructure keeps getting stronger. That is what determines who actually matters over the next few years. #Aptos #APT #MoveLanguage #AptosEcosystem #AptosDeFi #Web3

@Xxiled1 @thecaptaingates LOL. 💯

@thecaptaingates Algorand in 2022 says hi! Your right, due diligence in any grant process is a must - long term supporters and builders must be prioritised

Aptos, I'm done. This is where I give up. I'm giving up on being an Aptos-only guy because it has hurt me more than I realise. I am realising this after always trying to be on one side, thinking that maybe now things will get better, only to be proven wrong year over year. On August 19th, the @guiinuonaptos Lottery went live on Aptos. 106 days since the lottery is live and it has seen over 6850 tickets being sold, averaging about 65 tickets sold per day, and that in a market and ecosystem where you don't expect that much on a game that has real money involved and it's not on some testnet, but people playing with $GUI, and we couldn't be more prouder than this because take it back to 2023 and since then, GUI INU has done so much for the Aptos community that even today, the core supporters of the project have left Aptos yet they hold GUI because they want to support the GUI contributors and team. The number of tickets could have been easily inflated to 25,000, 50,000, or even more, but who are we trying to please with those metrics? We don't like washed fake metrics and will never do it; it is against our ethos because keeping it real has led us to make some of the hardest decisions we're making right now. Today, we are launching new games on the GUI eco, which will support multiple chains, including Solana and EVM, and we won't be exclusive to Aptos. That said, I will always keep AptoRobos, GUI INU, and Aptos Monkeys closest to my heart, and I won't ever stop working, because it doesn't matter where we are; what matters is what we do there. The support we are getting is close to none, and this has been happening for long, and I've sat and watched everything happen in front of my eyes while I felt like I am happy staying away from the drama where some of the supposedly big projects from Aptos are being invited with big grants, and they end up doing NOTHING but the ones that were always here have been given no support because the thought process is "where will these guys go, they have their projects so they are responsible for it, so not on us to retain them, and inviting new projects will add to the onboarding metrics we'd like to market as always, even if they don't do anything, aesthetically onboarding them will look good", but I always was a part of the drama even if not involved, because these things that happen hurt your projects without you even knowing about it. I could name several projects that were heavily supported both financially and socially, even via. Spaces that ended up doing nothing, and not even DeFi projects benefited users. Onchain metrics like revenue are good for projects, yet you only track them and do nothing that signals "users". But my fight is not against any projects; they are also trying in the same waters What was once a project that helped revive the vibes and community on Aptos is now a mere meme that only the community still wants to support, because either 1. We pissed them off by calling Aptos dead when it was (didn't hurt Bonk though, as Solana picked up on that meme and look at where Bonk is), or 2. They just don't want to support or retain the current set of builders, including us, because we don't align with the inflated metrics. What's hard to accept is that work must be done to acquire users, and that support must be provided to the projects. They cannot run the show alone when they don't hold treasuries like yours to define the marketing terms? In fact, the IBW 2025 event going on right now, we just skipped it because of the disrespect we got, and the sidelining we saw towards us last year, yet we never showed it here because we thought "these guys are having so many internal issues, what would they care about our feedback" because a few days after the event, the entire leadership changes happened, and since then, it's been too hard to do anything as a project on Aptos if you were already here. I am done trying to bullpost and will only work hard on the projects I am part of, because real support will come from ecosystem heads who see builders as they are, and whose work and passion can be understood by someone who has grinded to the same level. This may mark the bottom for GUI, because we will fucking make sure we reach a place where we earn back the respect, and we show people their place as well, because it hurts to see where we are and where we ended up by blindly believing, which shouldn't have been the case in the first place. And no, this is not just the token price prompting me to discuss it; it is one of the factors, as it should be. Aptos Foundation needs to do better in almost every department, be it the project due diligence or supporting them, be it the narrative marketing, or be it supporting the people who have been always here and created content, because NO, you cannot just after a long time say that the creators can go make content outside of Aptos, and then bring those followers from there to Aptos, because no, there's nothing to gain by doing so and for spending both time and efforts, and it's not my thoughts alone - a lot of other creators used to crash out in group chats when these things were technically relayed on calls and X Spaces and we used to think whether a mistake was made trying to bullpost Aptos, or be its supporter, or a builder. The answer to everything is the same, though, now that we see it. I am not someone who just came a few months ago to say maybe I don't know the whole picture, because I am here since the beginning and have seen everything, and thus it hurts further that I still decided to tag along despite everything that happened, and the price tanking at the same time, with us believers with huge bags having no other choice but to keep believing. Stop taking feedback through forms and private chats because they end up only being "heard" and nothing happens to work upon those. There is no hope left now. Aptos, please do better from here, and at least keep the ones that are still here happy.

@yarhuter @kantianum @DecibelTrade Assuming the token is actually designed for that.

@kantianum @DecibelTrade TBH here i don`t know what`s better. We need also the wealth generation effect into DeFi, so can`t say that this is possible without token.

very unpopular opinion: would have been more bullish if @DecibelTrade built by Aptos Labs had no token and accrued value to $APT instead. ➝ good to see Aptos Labs building standout apps that fill gaps in the Aptos ecosystem and serve as infrastructure for external builders ➝ but a) maintaining one token is already hard in general and b) i'm starting to feel that tokens need to be at the center of a whole economy and somehow capture value to even be considered. ➝ doesn't mean that p/e ratio or chain fees must be an obsession, but legacy tokenomics will have a hard time to appeal. ➝ curious to see if next-gen L1s will launch with the full package: infra + core apps that put their native token at the center, that would probably be a way to justify high funding and FDVs. ➝ note that this is just a thought. Without a token, Decibel could not have raised. A token has already been announced and some people already declared to be investors in Decibel.

@chimex_apt True. Many blockchains also have a community looking to come to terms with a loss and move on.

Building a strong community means there will always be people ready to support the team. But many blockchains and projects don’t actually have a community, just an audience looking to make a profit and move on. I’ve recently started diving deeper into community building, and it takes time to build a solid community in both Web2 and Web3. @jessepollak, doing great building and connecting with the @base community.

@nobipinkboop @Aptos @AveryChing @AptosCollective @APTopia_xyz Stables increasing but not by 500M a day

🚨 @Aptos isn’t just casually moving anymore… In the past 24 hours,
Stablecoins flowing into Aptos surged +$575.3M. Aptos is consistently seeing over $500M in new stablecoins every single day . it’s no surprise people are starting to call it the Stablecoin Chain 🫣

@native_algo Because supply has increased 300% since 2020. AF is thankful for the donations.

I lost more money, USD, investing in #Algorand, than anything else in my life. I don't understand why. The best tech, by far, the most RWA use cases. Yet I'm down approximately $100k. Why is that? I know the market is down, but % wise, Algorand is taking a huge beating.

@XtineFang Aptos showing the way.

...

@AveryChing What are your views on fees needing to be aligned with sustainable network costs? x.com/LukeDR_/status…

Ecosystem revenue >>> Txn fee "revenue"

@BuzzlamicJihad @WatcherGuru Lmao

@WatcherGuru Huge for Aptos somehow

JUST IN: 🇺🇸 Eric Trump says Bitcoin is going to hit $1,000,000.

@obsrvgmi @monad @Aptos EVM

what's that one thing @monad has that @aptos still doesn't? 🤔

@im_rajaali @KaitoAI So, SUI users are gonna save Aptos. Aptos looking good then.

Playbook to print on Aptos : • After @KaitoAI season 1 termination, Aptos has lost lot of artificial yappers so season 2 Kaito can be aligned in such a way that users left on Aptos + reward users coming to Aptos from SUI • Sui Ambassador program is terminated, so Aptos should align a seperate ambassador program and hand pick the creators from Sui and Aptos. • Sui users made huge profit from SUI token itself + WAL + DEEP + IKA + MMT and right now new project focuses the launch the target at billions so it's hard to flip. • Meanwhile not a single coin on Aptos is above 100M, even perp coin MKL is below 10M fdv, top meme GUI at 1M FDV so it's easy to pump them upto 500M and that solid ROI. • Sui users made profit from Walrus but they can be early in Shelby & Decibel (Aptos native product so high potential) • Aptos people made mistake not farming any other chain and end up in pain and desperation while SUI users getting a early chance in Aptos since APT and all eco coins are down so they can get better entry than Aptos users • Aptos users don't have good money because they don't print money or print but holding APT but SUI users have good amounts and they can easily frontrun in farming Aptos eco airdrops. • APT is trading at ATL so there is more potential upside than SUI probably. Drop in comments if this will work or there are another ideas 👇

@kantianum @ImmieV @Aptos Low fees are great but then you need a shit load more activity for a sustainable network. Otherwise someone is subsidizing it.

I don't think "chain fees" is a smart metric. Aptos gas fees are hundred times lower than competition. Should Aptos increase fees to earn more revenues? That would be pretty stupid. I prefer to look at "app revenues". Aptos is still in early-stage but there is some business over here if you look at this metric.

The main angle for $APT FUD on CT remains former CEO Mo Shaikh leaving @Aptos last year. If you've been paying attention to Aptos this year, you know the chain and its ecosystem have been improving and growing. And you also know there are some exciting developments ahead. But this optimism isn’t necessarily shared by CT or the broader industry. They need more tangible proofs to acknowledge Aptos real potential. That's why @DecibelTrade and @shelbyserves are such a big deal imo. ⇾ Decibel will unify Aptos DeFi under one strong interface, bring a fully onchain trading platform that leverages Aptos speed, and serve as liquidity infrastructure for builders. New apps and front-ends (example: @FalkonTrade) on top of Decibel should be expected. ⇾ Shelby strengthens the backbone of Aptos with a decentralized hot-storage layer. Built in collaboration with @jump_ and @AptosLabs, it enables sub-second data access and streaming-grade infrastructure. If things go as planned, Shelby could unlock new onchain primitives. Aptos Labs is already building a new app on Shelby, @watcheeos, a decentralized media platform where creators retain full ownership of their content. There are some strong products and infrastructure coming to Aptos 🫡