Node Capital

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Node Capital

Node Capital

@Node_Cap

Node Capital is a cryptocurrency fund focusing on decentralised infrastructure.

Distributed Katılım Mart 2021
179 Takip Edilen1.9K Takipçiler
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ether.fi
ether.fi@ether_fi·
Here's to one hundred thousand cardholders. Next, one million.
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Edgars Nemše
Edgars Nemše@EdgarsNemse·
We've just released an open-source LLM router with an advanced policy engine and cost tracking If you're juggling many providers and models, and don't want to pay a 10% cut just for passing some tokens along, this is for you. It even supports your OAuth subscriptions
GenLayer@GenLayer

Stop hardcoding one model name in your code. Now you can give each request a policy: a small rule for what the call needs It picks the right model for the job, on your own keys This is unhardcoded, our new open source routing for AI models, live today

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CJ (晨杰)
CJ (晨杰)@cjhtech·
Limitless has now booked over $3.4M in trading fee revenue in May, up ~100% from the previous month, and reaching $40M annualized revenue run rate Prediction market Q2 report is going to be interesting 👀
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ether.fi
ether.fi@ether_fi·
The system wasn't built for you. But EtherFi is.
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Amos Meiri
Amos Meiri@AmosMeiri·
Be @AskVenice . The values you want your AI to have.
Erik Voorhees@ErikVoorhees

3 million registered users achieved this morning in the sunny lagoon of venice.ai 🌅 • 3 million who wanted a ChatGPT that didn't spy on them • 3 million who wished to avoid the intellectual degradation of paternalistic censorship • 3 million sovereigns avoiding a future of serfdom We don't store or log your prompts. We don't package your personal life to be sold to advertisers. We don't train on your conversations or share them with any criminal or government (redundant?) who asks for them. • Text, image, video • 230+ models • Web, app, and API Unrestricted intelligence for today's sovereign individual, whether human or agentic. Try for free at venice.ai

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Erik Voorhees
Erik Voorhees@ErikVoorhees·
It was 2 years ago today that we launched Venice. So much has changed since then, but not the principles on which we're building it. The separation of mind and state remain just as important. "Search the world’s information, have rich conversations, analyze documents, create interesting images and art of any style at the push of a button. Various AI services offer these things, so what makes Venice unique? • Venice doesn’t spy on you • Venice doesn’t censor the AI In other words, Venice is private, and Venice is permissionless." moneyandstate.com/blog/the-separ…
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Erik Voorhees
Erik Voorhees@ErikVoorhees·
DIEM & VVV tokenomics... • 1 DIEM = $1/day of daily renewing AI compute credits, spendable on any model from Qwen to Opus 4.7 to Grok to Nano Banana via Venice (app or api) • As demand for AI compute rises, DIEM is bid up. Supply is very constrained (see DIEM price chart below since inception last fall). How does this relate to VVV? • VVV has the exclusive right to "print" DIEM, which locks the VVV until DIEM is paid back (and thus burned). • Every VVV holder basically has a growing pile of instant cash/liquidity, because at any time they can lock some or all of their stash and get DIEM to sell on the market. • Thus as AI compute demand rises, DIEM price rises, and temptation to lock up VVV and mint DIEM grows. • Fundamental to DIEM's design, is the "mint curve." This defines an exponential curve specifying the rate at which VVV can be locked to mint 1 DIEM. • The higher the DIEM supply goes, the further up this curve we go, meaning exponentially more VVV must be locked for a marginal increase in DIEM. • This keeps Venice's liability constrained (remember each DIEM is a liability to Venice, which must provide $1/day of compute) • And this also means an increasing amount of VVV is taken out of supply and locked up until some day in the future if DIEM is paid back. In the image below, price of DIEM has risen gradually along demand for AI compute at Venice, and the tan portion of the VVV bars shows the locked supply, rising from ~5m in Nov to ~9m today. For that VVV supply to ever unlock, DIEM must be bought back and burned... but doing so raises DIEM price and thus tempts more VVV back into locked position. Equilibrium is hereby established and both VVV and DIEM price should ultimately correlate a) to demand for AI compute generally and b) to quality of Venice's AI compute offering specifically.
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CJ (晨杰)
CJ (晨杰)@cjhtech·
Hello world 🇺🇸
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Node Capital
Node Capital@Node_Cap·
@ether_fi and it's founders are true mission driven and are here for the long run. they dont just say. they do. We are proud to be seed investors.
Mike Silagadze🛡@MikeSilagadze

Why did @ether_fi commit 5k ETH to the Kelp hack recovery fund? Because we believe there was a very real risk that this could have killed DeFi. The default path was: Kelp bankruptcy -> $1.5B of rsETH tied up for years -> $30B Aave lending market locked up -> Cascade of DeFi and CeFi implosions. Game over for crypto. FTX would have looked small in comparison. In the face of these systemic risks we saw almost everyone pull back and hide behind lawyers. The worst case scenario was playing out. The one team that stood out and stepped up was Aave. In many ways they were the least to blame (and there was plenty of blame to go around) but they took ownership and immediately began raising funds to fill the hole left by the hack. If the @ether_fi team helped in some small way, it was mainly to open up communication help others see the gravity of the situation. There’s a lot more to be written about what happened, and things are still playing out. But I think the worst case scenario has been averted. Lots of soul searching to be done about systemic risks and decentralization theatre by everyone. We’ll do a longer write up in a few weeks.

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Rok Kopp 🛡️
Rok Kopp 🛡️@KoppKnows·
Been a brutal week in DeFi but has been invigorating to work to fill this gap. The smart contracts didn’t fail, humans did. We will get better as an industry and come back stronger. DeFi will win
ether.fi@ether_fi

The EtherFi team has been working closely with @aave and other parties to help close the rsETH shortfall following this week's exploit. The EtherFi Foundation is proposing to contribute 5,000 ETH to the dedicated relief vehicle. This vehicle will protect users and prevent bad debt across DeFi. The Foundation believes a coordinated, ecosystem-wide response is necessary for a proper resolution. More details below

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Amos Meiri
Amos Meiri@AmosMeiri·
Two @Node_Cap portfolio working together on something big is always a good start of the day. ✊🏽
ETHGAS@ETHGasOfficial

ETHGas 🤝 @ether_fi We’re announcing a $3Bn deal to advance the development of institutional blockspace markets on Ethereum.

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Node Capital
Node Capital@Node_Cap·
We are actively deploying from our second fund. Two new investments last quarter. DMs are always open
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