Chivas

My @Pixelmon story: Like a dumb idiot I fomo’d into pixelmon the first day spending 10 eth on 4 pixelmon… just to watch it initially burn… I didn’t sell.. I didn’t panic.. maybe I did cry but you will never know 😂 Afterwards I waited and waited but stayed in the loop

@0xSoju @BedrockFndn This only works if token valuation is 1-1 correlated with what could be the actual economic true valuation of the company. As of now there seems to be a strong mismatch between economic value and token value. Investor appetite will require tokenomic models to mature

internet capital markets has an adverse selection problem. founders who raise from crypto, raise from crypto because they have no other choice. the best founders don't need us yet. @BedrockFndn is trying to change that by improving the economics for tokenholders. enter the Takeover Clause. anyone can redeem the equity held with Bedrock by accumulating 30% of a token's circulating supply and paying a premium to buy out the rest of the holders. what this means in practice: even under-performing tokens have a floor. someone who believes in the underlying business can take it private — which improves the odds for everyone holding on-chain. Bedrock, and by extension @MeteoraAG, aims to be a valuable custodian of equity. if we can add real value to founders, more of them will come on-chain to raise. the goal: let VCs have the adverse selection problem. not us.

@Trader_CSK Thank you sir, it’s hard to judge bonk, when Meteora, Magic Eden, jup and even solana foundation have plenty of questionable behavior (these are just examples)

@chivasweb3 Article is well written but I think we're talking about two different things here. Fwiw they are both the same thing imo

I'm probably going to get crucified for speaking out and upset some friends, but the one team I'm disappointed in with their latest move is bonk. I've always been a huge fan, but this just ain't it for me. They went from saving the ecosystem with airdrops, donating to animal charities (love this initiative), and bringing people together at quality events (attended a few, probably waving goodbye to future invites) to a shitcoin rug spewing casino? What's next? Roulette and slot machines? It feels off brand and toxic in general. I don’t care about sugar coating where or how the fees are distributed. It’s the principle. I don’t disagree with the mechanics of their fee split, but using a gambling meta to pull it off is the problem. Adopting and promoting a meta proven to be a net negative for most people, rewarding connected insiders/grifters for a second time, and pushing blatant gambling while diluting the Solana ecosystem? Distasteful imo. It comes across like they ran out of ideas, I don’t know. It didn’t seem necessary when they’d built a solid reputation. This move all but solidifies a toxic narrative that a reputable entity is now promoting. Not to mention that there are several other low effort launchpad copies firing up left and right. Bonk was one of the last teams I expected to go down this route. Disappointing. I’d expect this from others, just not them. Imagine onboarding new people to this mess. I get the impression that too many are afraid to voice their opinion and are just running with it because of who jumped on board. Maybe there’s something I’m missing? Happy to hear genuine responses

@0xFrisk @sol_goldrush There is a good one coming soon, I heard in hallways

@sol_goldrush the old cooks and research, bro it was fun

i would kill for a good airdrop farming opportunity right now something i can just fuck around with, speculate on and hopefully wake up to money in 6-12 months from now

X is a breeding hub for false dichotomy's, polarization, and overgeneralization. Any intellectual comment will selectively be ignored.

@therealchaseeb @tokens Not sure if this the hill you want to die on, this logic might apply to tokens, but there are plenty of questionable things. Like promoting bad Ponzi’s

Lots of misunderstandings about @tokens. I would not work at foundation, or I would fight it to the death if we were actively doing harm to the ecosystem. Distribution and awareness of tokens is good for everyone.

@italoacasas Also fits within discussion you had with Jacob, initially the majority of state supported sectors have been infra focused (high speed rails etc), correlates closely with their distribution argument.

@italoacasas Sol Foundation seems to have strong resemblance with China political dynamics, ETH foundation has more similarities with US political dynamics. There is no easy binary conclusion to be drawn, but one could understand past present and future by potentially studying the history

the whole foundation discussion, at least from my side, was simply about trying to understand * in public * what the strategy is going forward. somehow that got reframed into me wanting preference, being worried about competition, thinking existing releases are competitive with jupiter, etc, etc, etc. as for the foundation, i walk away with a bit of a bad taste. there was a lot of attitude from one side, while others (like jacob) approached it much more constructively. hopefully the direction ends up closer to what jacob explained. otherwise, i think it could be negative for the ecosystem over time. at this point, if i were leading the foundation, i’d probably run a simple survey across the major solana teams to understand how they actually feel about the organization. purely for signal. my guess is that the feedback will be surprising. ultimatelly today is one of those days where i’m reminded not to try to have real conversations on twitter. it’s just not the place for it. people don’t really try to understand what you’re saying, they pick one piece of context, fill in the rest, and run with it.

@KidPaddle591 🤣🤣🤣 so true, meanwhile divorces increased by 10% because AI said your partner is prob cheating

Use extended thinking on your AI. Then observe when you push back on its conclusions. Count how many times it thinks "[your name] is right." That tells you how unreliable it becomes when stress-testing ideas. The moment you outsource your judgment to it, you've already lost.

@KidPaddle591 🤣🤣

All charts going up in crypto aren't necessarily good news.

I mean the token was designed like this, founders are OG. In other words nothing that could not be expected with low float, high fdv and constant emissions. If you design something, you design it to work right both on product side as well as token. Product seems to work very well, which brings the question why the token is not working well also. Working here specifically means stable or increasing token price due to yield generation.

@chivasweb3 @valueverse_ai @yieldbasis Inflation is scary I guess.

Yield Basis is doing the best numbers in DeFi. I’ve been checking the @valueverse_ai dashboard for @yieldbasis and the metrics are impressive. Right now, the Market Cap / Revenue ratio is sitting at 3. To put that in context, the only project performing better in the entire market is Pumpfun. It is literally ahead of giants like Aerodrome or EtherFi. But the real madness happens when volatility spikes: that ratio drops below 1. Even when the market cools down, the average stays around 1.1, which is just insane efficiency. I wanted to double-check this on @DefiLlama and the data holds up. If you look at the 3-month average, Yield Basis has a ratio of 0.82. The protocol is a beast, but we have to look at the full picture. There are still technical and trust issues that need to be fixed, and people need time to understand how things like TRD work. Plus, we can't ignore the inflation: we are looking at over 150% more tokens this year. That is a lot for any investor to digest. However, if they manage to fix the trust issues and the revenue keeps scaling, this token could be a massive long-term play for late 2026 or 2027 once the inflation starts to settle. It’s rare to find this level of revenue generation. It’s definitely one to keep on the radar, but only if you understand the risks involved. Do you care more about the pure revenue or does the 150% inflation keep you on the sidelines for now?

@Seb_Moriarty Depending on where you are located they could be operating unlawfully. I objected to it and informed them it is not compliant with European consumer protection law and they removed it.

honestly fk adobe. thankfully they are slowly becoming irrelevant.

@mert @vibhu Not a binary question indeed. Working on an article right now: “Understanding Ethereum and Solana Through the Lens of China and the United States.”

@vibhu solana but I don't think one can meaningfully mark the eth approach as wrong, it's a very large set of heterogenous markets

I am glad that both solana and ethereum are taking opinionated stances on the future they want to build towards if you agree with their stance, you join and help build. if not, you don't. simple. net result is that we build the foundations for sovereign individuals together

Funny enough I’m currently reading Breakneck and it made me notice something similar. Solana’s ecosystem feels closer to China’s model: coordinated, actively supporting builders, trying to win. Ethereum feels closer to the U.S. model: neutral platform where builders compete independently. Working on an article right now: “Understanding Ethereum and Solana Through the Lens of China and the United States.”

The mandate of the Solana Foundation is to help Solana win.

The biggest point you are making is that those who use ai are more productive than those who don’t. The quality of AI output is still determined by the quality of human input. Seniority is not about years it is about understanding. A senior with AI experience will generally outperform a junior with ai experience or even a middle layer due to insight and input. Your thesis does not seem to properly value experience and its direct effect on quality of input.

The talent pipeline in 2026 is breaking in a weird spot It's not at the junior level like everyone thinks. It's in the middle. Here's what's actually happening: Junior roles are disappearing because AI handles most entry-level output. That part everyone sees. What people miss is that senior people can't use the tools either. They have the title and the years but not the reps. A 10-year VP trying to use Claude for the first time is functionally less productive than a 2-year analyst who's been running AI workflows daily for six months. The talent cliff is between people who have logged hours with AI and people who opened it twice. Seniority stopped being about years of experience. It's now about who put in the reps with the new tools first. The mid-level people who adapted early are becoming more valuable than the senior people who didn't. And the junior people who would've learned on the job never get hired because that job doesn't exist anymore. So you end up with: → Seniors who can't execute with new tools → No juniors coming up the pipeline → A small group of mid-level people who are suddenly irreplaceable That middle group is where all the leverage is right now. And most companies haven't figured that out yet.

if you been wondering why your bags always go to 0, i highly suggest you read this or at least just run it through your AI for a summary

@FabianoSolana @toly Nothing is wrong the system is working as designed

What went wrong? Crypto has a 1-year user retention of 2-4% Out of 100 new users just 2–4 people come back within a year

@raagulanpathy congratz sir to you and team, big achievement. An icecream well deserved

I guess the news is out. Bought a Gelato to celebrate and then straight back to shipping. Will comment more soon.