Jonah

In my view, one of the winners from the battle over stablecoin yield will be pendle.finance If yield can't be paid to stablecoin holders it will be transformed in DeFi. Pendle is the platform for this. $PENDLE

@marcarjoon @smyyguy @drakefjustin Rough numbers but since start of 2025, ETH supply has inflated by ~$5-6B and ETH staking contract has gained ~$14B of inflows. And realized cap overall has grown by ~$50B. Way I see it the market is answering that question directly

@_Jonahw @smyyguy @drakefjustin That's a fair take but do you think Ethereum is overpaying for security?

Ethereum's supply growth rate is the highest it's been since the merge. I know and agree now's not the time for monetary policy changes, but my genuine question is - what growth rate and time frame indicate we probably need to revisit this taboo topic? The idea of allocating to a deflationary asset used to light up investors' eyes when I pitched ETH ETPs back in the day. It's important to the SoV narrative that the Ethereum community wants. The demand side is, at best, years away from offsetting this growth through burns, especially with upcoming gas/blob target increases. Supply side seems like the only feasible lever, and with staking rates near all-time highs, staked ETFs launched, and an entry queue of 3 million - this implies that the yield is more than enough to attract validators. Now we don't want this demand disturbed but Ethereum moves slow (for the right reasons) and a trigger for bringing this discussion back would help mitigate against an erroding SoV narrative risk.

@marcarjoon @smyyguy @drakefjustin The only thing to do here is for the people who sold this originally to come out and say "we were wrong about deflationary. We are now prioritizing hardening the open source autonomous policy."

@marcarjoon @smyyguy @drakefjustin Deflationary was unfortunately an original selling point, but it never actually materializing is just basic function of how markets work.

@smyyguy @marcarjoon @drakefjustin Going back to change policy here would do the most harm to SOV prospect than anything else. Let it harden. Also deflationary was never in the cards. Commodity markets don’t work tht way

@smyyguy @marcarjoon @drakefjustin that the issuance appears steady, and the policy remains open source algo driven (vs a human driven box policy) is biggest value prop imo

Pendle is proud to power the yield curve for @OCRRate, the first standardised onchain benchmark for stablecoin yields. OCRR uses Pendle's fixed-rate markets to construct a full term structure, bringing institutional-grade rate infrastructure to DeFi 🤝

Looping season

amazing times we live in

@Old_Samster @mccrinbc @IOTA_SN9 Super easy setup

Good morning Have earned ~$200 in the past two weeks contributing my mac mini to IOTA's decentralized model training runs come taste the future

global yield marketplace

Bittensor fixes this

Team is running master class on how to ship and scale new DeFi products

Introducing @global_dollar USDG (14 May 2026 maturity) T-Bill backed RWA stablecoins issued on federally-regulated infrastructure Now transformed into institutional fixed income markets on Pendle 🤝

@laurashin Chart by Skycatcher, data from Artemis

@_Jonahw Where is this chart from?

Aave's share unchanged Morpho trade look like mostly multiple expansion Looking fwd to Aave Labs next gov proposal

I love this team

@llamaonthebrink @omgcorn @poolpitako @gizatechxyz

Are there any agentic yield aggregators yet? Imagine if Yearn introduced agentic liquidity allocation. That could bring back triple digit APY farms again. Except this time it would be sustainable, organic, grass feed, free-range, the whole shebang. cc @omgcorn @poolpitako

@anondotinc @RAILGUN_Project can I join

The window is closing for closed beta invites to the first @RAILGUN_Project integrated browser extension wallet. Interact with this post and follow @anondotinc for a invite (open dms).