With all the market noise, we haven’t said enough about the actively managed baskets we released on @longdotxyz (more is coming) a lot of our releases so far doesn't require direct user engagement they run on auto pilot. I think this is one of our biggest leaps in fulfilling a bigger vision of stock-fi by enabling stock pairs to express VERY specific narratives and amplify them(remember these are stock based communities that generate flows by being dist engine for stocks and capture these flow into deep stock liq in the pair pool, community vault and external LP) Stocks increasingly represent more than individual businesses. The strongest performers often become proxies for entire categories. But sometimes the category itself is not yet exciting or the stock didn't even recognized in it. Crypto already works this way: zcash → today privacy(in the past a more secure/efficient BTC) HYPE + LIT → onchain perps(maybe 2y ago it was about onchain crypto perps eating CEX perps but now liq market infra/RWAs perps?) Community-owned and managed baskets bring that same thinking to stock pairs, letting communities accrue value from net long bets while amplifying an underpriced narrative behind their stock before it gets massive. AI/compute related pairs → datacenter + supply chain baskets Pharma pairs → GLP / peptide baskets Memory pairs → Leopold/bottleneck style baskets Imagine the NVDA community building a datacenter basket five years ago, while everyone still called it a GPU gaming company. A way to gain exposure to the compute thesis while reinforcing the bigger bet: NVIDIA becoming the backbone of global AI infrastructure. Stock communities can now own the future they see coming. Distribute it with via basket pairs. And even enable multiple diff thematic "bets" via baskets. The design space is infinite. And we’re still completely underestimating how much “delusional,” conviction driven communities on LONG will impact the financial system. LONG.

LONG is exclusively laser focused on RWAs. We pioneered them. Turned them into a real category, not just another meta. Do not underestimate how insanely powerful the compounding effect of high conviction holders can be when supported by a platform that isn’t constantly trying to pivot attention elsewhere. We believe two things: 1. LONG assets are a net new asset class enabled by crypto, unlike pure attention coins that simply rotate between the meta of the day. 2. They are the first crypto native asset class with the potential to onboard the masses at a scale nothing else has achieved. What you’re seeing now is the early adopter group: roughly 70–100K hardcore holders who understand the thesis and are building deep domain expertise. Eventually, many more will join them. So far, every high volume day on LONG has led to the creation of multiple mega runners, or pushed existing ones through previous ceilings. I’ve never seen such a strong correlation between volume and the emergence of runners. For me, the most important thing is to provide certainty. Being opportunistic about volume and constantly switching between 50 different metas is the exact opposite of what we’re trying to build. Because that’s effectively a soft rug of both the category and its users. And it’s one of the main reasons why the trenches have failed to produce a single sustainable category. The cycle is always the same: Launchers amplify a meta. Traders rotate into the leaders and their betas. Volume grows. Volume decays. Traders exit. Launchers pivot to the next “focus.” Everyone is playing the same rotation game. But you cannot build a sustainable category if everyone involved is constantly looking for the exit and the next opportunity. Conviction compounds. Expertise compounds. Liquidity compounds. Communities compound. But only when you give them a reason to stay and build. We’re not here to chase the next meta. We’re here to build a category that outlives them all. We go LONG.