quux_foo retweeted
1/10
If you know me, you know I 've often said:
“Finance is 90% getting the accounting right.”
Meet CavalRe Ledger: a standalone service for holding assets and managing accounts, built on hierachical double-entry accounting.
First implementation: @solana 🧵
Good sign. Very good sign
$ANON Triples After Daniele Sesta Deploys AMM On Robinhood Chain
@danielesesta says Equilibra, a custom automated market maker with adaptive fees and optional auto-repeg, is testing on Robinhood Chain and sits under the HeyAnon token, which set an all-time low a day earlier.
Read more here:
thedefiant.io/news/defi/anon…
Interesting analysis from @jonaslamis worth a read at least
Global macro set to go haywire, geo-politics same. Climate related events increasing (heat waves, fires, floods).
Heading to the nursery to buy some blue asters to put in front of my yellow house. Think that will look nice.
Happy Autumn folks …
quux_foo retweeted
Tomorrow, we’re hosting a Space with CEO @RhettShipp, COO @JFSaine, and Lead of Capital & Partnerships @avantayman to discuss the current state of Avant and where we’re going next.
We’ll cover the product vision, what’s shipping next, and what to expect from Avant in the coming months.
Join us tomorrow for the full discussion ↓
xitter.cf/i/spaces/1MJgNbrBdYPGL…
quux_foo retweeted
“We are going through an energy shock. Ukraine has decided that they want to blow up Russian energy assets. This is creating pressure on prices globally,” – Bessent.
Ukraine has “decided”?
Are you fucking kidding me???
Russia has spent years bombing our power plants, destroying our energy infrastructure, attacking our cities and trying to freeze Ukrainians in winter.
Ukraine didn’t wake up one morning and “decide” it would be fun to attack Russian energy infrastructure.
We are fighting a fucking war of survival because RUSSIA INVADED US.
So sorry about your “energy shock.”
We’re experiencing the slightly bigger inconvenience of trying not to fucking die.
quux_foo retweeted
Avant has crossed $175M in TVL, a new all-time high.
The last time we approached these levels, the story was largely avUSD. This time, the growth is broader.
avUSD remains the foundation, while avETH has grown ~60% over the past month, and our BTC product suite continues to expand with the launch of avkBTC.
This is the thesis we've been building toward from the start: onchain capital should not be limited to a single asset, strategy, or risk profile.
USD established the model. ETH and BTC have shown how much further it can expand.
The next generation of onchain asset management will be multi-asset, actively managed, and built around defined risk.
$175M is our strongest validation of that thesis yet.
quux_foo retweeted
Today @HeyAnonai $ANON releases ARP:
→ smart ai agent request routing.
→ this means your AI agent can find the best possible agent to answer it's query.
→ this technology stack includes the payment, escrow, and settlement terms (and a launch pad).
quux_foo retweeted
What happens when AI systems disagree?
Model A says YES.
Model B says NO.
Model C says "it depends."
The problem isn't choosing the smartest model.
The problem is understanding why they disagree — and what the system should do next.
That's where AI gets interesting..
quux_foo retweeted
Why hasn't onchain lending replaced traditional banking
Trillions of dollars move through global credit markets, yet only a fraction of that activity has made its way onchain.
What's still missing?
Join @flipdazed, @itsgleninnit, @avantayman, @RhettShipp and @StaniKulechov as we unpack what it will take for onchain lending to compete at institutional scale.
quux_foo retweeted
Welcome to the future of agentic cooperation. Delegate tasks. Outsource compute demands. Settle payments with escrow. The missing piece of A2A engagement.
quux_foo retweeted
.@avantprotocol is back at $150M, a level we first crossed ~1 year ago.
Absolute TVL looks flat. Our share doesn’t.
We’re at ~47% of combined TVL vs. InfiniFi, Reservoir, Resolv, and Yuzu Money, an all-time high for the cohort.
I have real respect for every team in this set. Our category has seen more hard days than good this year. Today we get to celebrate our performance through it.
Couldn’t be prouder to work alongside what I believe is one of the best teams in the industry.
quux_foo retweeted
Hello @RobinhoodCrypto testnet:
app.caval.re/robinhood-testn…
You aren't ready for what's coming.
quux_foo retweeted
BREAKING:
SEC Chair Paul Atkins just laid out the fallback plan.
"I'm optimistic that Congress will pass the CLARITY Act."
But listen to what comes next.
The SEC is "ready, willing and able to come out with rules."
Either to implement the bill.
Or if Congress fails to act.
The top securities regulator in America.
Just said crypto rules are coming either way.
"We need the certainty of a statute that will help future-proof so that we have clear direction to go forward."
That's the preference. A law, not agency discretion.
But the message underneath it.
Washington isn't debating whether crypto gets regulated.
It's debating whether Congress or the SEC writes the rules.
Congress passing the CLARITY Act is the clean path.
The SEC acting alone is the backup.
Either way, the era of regulatory ambiguity is ending.