intern

@0x_Abdul @_jhunsaker first time ive seen u go ZachXBT mode and it perfectly uses your industry knowledge + solid intuition claiming a free binance listing is insane and anyone who’s worked in crypto knows that

what did megaeth "pay" binance? i dug into the MEGA listing announcements on binance and did some sleuthing to figure out whats going on firstly, understand that binance's official policy is zero listing fee. they have not charged "listing fees" on any token listing since 2018 however, most operators in this space know that a binance listing is never "free". they ask for a portion of the token supply and give out 100% of it to their users in a number of different ways: - airdrop for BNB holders - marketing campaigns (trading-related) - binance earn products (boosted yield on holding tokens on binance) in the case of megaETH they did not do the airdrop or marketing campaigns (yet) .. but there is a binance earn product thats currently live the binance app shows that the earn product is currently offering a 12.19% APR on MEGA deposits with a personal subscription limit of 33,668 MEGA ($4.6k) however, the binance announcement of this product skips on important details that are usually always mentioned in such binance announcements: total deposit cap, promotion period/duration, etc (you can compare binance's announcement for MEGA vs SIGN or SLF) but interestingly the binance api reveals more details on the product itself, notably that the pool has a 50m MEGA cap which is currently 6.7% subscribed (link to api in next tweet) that brings us to the million dollar question: where is the 12.19% APR on binance's simple earn product for MEGA coming from if megaeth really did not give them tokens? binance's own docs mention that boosted APRs on binance earn products are funded by projects themselves so did binance make a first-time exception for this megaeth earn product and decided to give users yield to deposit their MEGA out of binance's pockets? or were the binance listing announcements carefully crafted to ensure that it respects megaeth's public stance on not paying exchanges while binance still getting what they asked for? i'll let you be the judge fwiw, based on my napkin math, megaeth's negotiation with binance was good and they likely gave binance MUCH less than 99% of projects whose tokens get listed (this obv assumes that there aren't more activities yet to be announced between binance and megaETH that use MEGA tokens) -- coming back to the original point though, binance never lists a token for "free" and the biggest example here is pumpfun's TGE from last year. binance refused to list the most hyped TGE of the year until one month later when alon finally caved and gave binance 350m PUMP tokens for a trading competition no free lunch with the biggest crypto exchange in the world

@CryptoEthan top 10 worst text to get as a friend

who’s gonna tell him

@nic_carter sick to my stomach for my boy

@intern run through club

@_jhunsaker @cmsholdings LMAO

Mega and monad at each others throats shows how little capital is left in this industry

@bitcoinpanda69 just this times a million

Imagine humanoid robots remove overhead entirely Imagine the profit margins when you dont have to pay salaries, and COGS is minimized by efficiencies up and down the supply chain

@monad lmao great post

@PeterDiamandis yes also Claude is down

Two things are driving social unrest right now: young people can't see a path to a job, a home, or a future. And Hollywood keeps teaching us that AI ends in killer robots and collapse. Am I missing anything?

@solana @monad that's my brother

free @monad

@udiWertheimer @ledgerstatus i genuinely didn’t know what to expect

i think gpt image 2 is actually agi for memes it makes memes better than humans would in fact instead of telling it what meme you’re trying to make it’s best if you just give it a screenshot of the thread you’re replying to and tell it to come up with a meme itself. it’ll be better than yours

product idea UpOnly comes back but its Cobie & threadguy

@udiWertheimer @ledgerstatus sometimes it feels good to connect with the old ways of the force

@intern @ledgerstatus bro is still making memes without ai lmfao

@ledgerstatus sir u went out for milk 3 years ago and never came back, ive been twitter fatherless

@intern Man

@JonnyMoeTrades he’s my dad

@intern DON'T YOU DO LEDGE LIKE THAT INTERN, YOU BITE YOUR TONGUE

@knveth @serbobross @jimtalbot im convinced this would save the markets

@serbobross @intern @jimtalbot Plz man Jim

@sherlock_hodles the Bitcoin Cash of podcasting

@intern i want ledger x rasmr

@remusofmars 💀

@intern Call it unc only

@schizohustler he's on the left in this image

@intern threadguy and who?

@notthreadguy @cobie what if?

@intern @cobie can’t afford me

almost nobody who has children would press red unless they know for an absolute fact that their kids pressed red if you think there’s even a 5% chance your kids pressed blue, you will risk your life to improve their odds even by a tiny bit to take this a step further most women are probably hard-wired to press blue as a motherly instinct anyway, even if they have no children. so at minimum you have a 25% baseline for blue right there, which completely tips the odds so i think blue actually wins by a landslide if this was the real world and not a social media app for incels in other words humanity always had the biological programming to ensure blue wins