WE ARE NOW IN A LONG THE DIP REGIME GRAB YOUR FUCKING NUTS AND BUY THE DIP IF YOU GET IT

Sometimes you stumble upon a gem, something special that reminds you why you still spend countless hours onchain, diving through endless vapour and bundles. Reminds you why you came here in the first place: the boundless innovation, and a better way forward.  @prism_lp has been this for me the second I really understood what was going on. The tokenomics and mechanics are so novel and ingineous I’ll post some materials at the end from the source. Meanwhile, I’ll give you the smoothbrained ape version: there are 5000 Prism NFT’s. Whenever you trade the erc-20 token to fractionals and “brake” one, it’s burned forever. So, deflationary supply. We are at about 4k already, two weeks in.  These Prism NFT’s basically represent ownership of the protocol, not in a memetic way, but in a direct value accrual thank god way, where they take a hefty 60% of fees.  They do so directly: this means that there's no staking, LP wrapper, router approval, no bullshit. You simply hold the PRISM in your wallet. Thank you Uniswap V4 hooks. This is increasingly important both because AI becomes ever better at surfacing attack vulnerabilities in staking contract but also cause: adoption! It’s clear that utter complexities to take full advantage of crypto’s possibilities is not something that nocoiners want to do. More on this as we go, as Prism adresses this 3 ways. So, what are we accruing value from? Indexes! Yes, exactly the thing that almost every non professional uses to get exposure to stocks, and narratives in general. One of the biggest markets in the planet, that charges you a hefty yearly fee for the privilege. So, via Spectrum, the launchpad built on Prism, to whom all value accrues, you can “one click create” what are basically on chain ETF’s everyone will have access to. First one live is a good example: a basket of Base AI projects with VVV as the main position at 50% or so and then a sliding scale of 20% to 1% of a dozen baby clankers. That’s some good low effort exposure to a strong and growing narrative most nocoiners wouldn’t have any idea how to get access to, nor time for. But the fact that onchain we have already exposure to erc-20 of Stocks, and highly efficient and regulated commodities like Paxgold, and new primitives like baskets of tcg cards means we can create something like 20% gold 20% btc 20% vvv 10% fucking pokemon cards 30% the fucking S and P 500 if our boomer inclinations so desire 😂 Possibilities are endless. And again, this is non memetic, and here’s the incentive for big names to do so. Whoever launches the ETF is entitled to 30% of all fees ever produced. But unlile other ETF’s where you have to PAY a yearly management fee here you are PAID to hold that ETF with 10% of all fees created. And 60%, reminder, goes back to PRISM holders. I assume the 0 to 1 moment will be when @VitalikButerin his DeFi ETF or @punk6529 his art/TDH on chain ETF or @blknoiz06 will make his Solana ETF. People with reach and credibility in their own domain. I don’t put Vitalik there randomly, because he just wrote a longass post describing the next phase of DeFi, very same week this this launched basically, and all I could think reading it was: $prism ! The one thing I don’t particularly like about this model is that the ETF’s are fixed in allo. Wich, most etf’s are, but nature of crypto needs more flexibility imho. The reason for that choice is sound: not allowing people to just rug or buy random shit with it. Makes sense. I was happy though to know it was more of a “stylistic choice” and less of a constraint. Down the line flexible ones where “social trust” does it’s thing will be good: again, Vitalik there as an example, or 6529 and it’s TDH crew make A LOT of sense in this context. So much can be done in that sense my brain was tingling with crazy possibilities of TDH crossovers in this system.  But I digress 👇

SGF - SuperGemma Foundation Roadmap&Vision revealed. Full vision in Video. Roadmap 🧵

Some people are finding out the hard way that it wasn't kosher to sell $atbash @ATBASHai on the shabbos

Getting a few dms asking about the novelty of @prism_lp / DStable: TLDR this is a first of its kind stable where collateral is the liquidity, which solves the stable cold start problem whilst at the same time baking in passive yield just by holding the stable. The thing is a stablecoin like this only became buildable with @Uniswap V4 hooks. As this fuses the AMM pool and the mint/redeem contract into a single thing. Before V4 you could not do this as a pool was a rigid constant product curve, and issuance lived in a completely separate contract. V4 hooks changes this by letting a pool intercept a swap and run its own logic in place of the normal curve: take the input, do whatever you want with it, hand back a custom amount. Where Dstable takes this and runs with it is it uses that to route you straight into collateralized minting instead of trading against LP inventory. That basically means zero cold start which any new stable suffers from. It solves this because liquidity is the collateral, so it is deep at fair value from the start, so the single biggest killer of new stablecoins simply is not a problem here. It also means no mercenary LPs, no impermanent loss and no emissions. Normal protocols burn huge token incentives renting liquidity (the entire Curve wars economy exists for this). Dstable rents none, so there is no structural sell pressure from incentives. Free distribution. Because it presents as a V4 pool, every aggregator, router, and wallet that speaks Uniswap can route into it with zero integration work. You inherit Uniswap's distribution instead of building your own. Stronger peg. Mint and redeem both clear at fair value through the hook, so there is no separate secondary market to drift into a premium or discount. The price is the reserve value by construction, not by hoping arbitrageurs show up. Passive yield with no clicks. 70% of each harvest lifts the redemption value of the base token itself, so holders capture yield without staking, wrapping, or claiming anything. Better UX than sDAI-style wrappers. A flywheel that is mechanical, not narrative. More float means more Aave yield, which means more PRISM bought and burned. $prism value is tied directly to how big and how active the stablecoin gets.

VC's are subsidizing $200 Claude subscriptions that cover thousands in real inference costs There's a reason they're willing to write those checks and Chris broke it down on stream: "Make the model super cheap, get everybody to lay off their employees, entrench the tooling, then hike the price...that's what's playing out right now." - @0xgilbert Subscriptions resold in a secondary markets still generate multiples in profit if the underlying inference value is thousands @squire_bot is positioned as the infrastructure layer for this $SQUIRE

Let me break down the structure of the Supergemma Foundation so it's easy to understand. We are a project built to help open-source developers easily step into the on-chain world and secure their living expenses. The $SUPERGEMMA token sits at the very center of this structure. Built on the Bankr Partnership structure, verified developers will launch their tokens and earn trading fees. A portion of the Bankr allocation fees will be claimed by the Supergemma Foundation and fully used to buy back and burn $SUPERGEMMA tokens to support the price. Furthermore, 70% of the trading fees from $SUPERGEMMA will be claimed weekly and locked for 1 year. The rest will go entirely toward events and grants to onboard more developers, boosting overall volume and liquidity. Currently, we are undergoing a strict legal review regarding token reward distribution to ensure compliance. Every token under our umbrella will be a utility token, not a meme coin, providing legitimate rewards to holders. This allows open-source developers to earn a sustainable income valued by the market, driving them to focus deeply on project quality. Technical development is also underway, and updates will be shared sequentially. Our goal is to break away from the negative stereotypes of crypto and create a true win-win: stable income for developers and fair rewards for buyers. Thank you for waiting. Once the legal review is wrapped up, I’ll be joining live podcasts to share the full vision. We've received a lot of requests, but we are holding off to ensure we don't accidentally share any misinformation. Stay tuned.