Building something that ought to outlive me. @Consols_fi
Joined March 2025
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0xPercy retweeted
This is why Base’s B20 native precompiles matter! 🤯
I independently benchmarked native B20 against Base's equivalent Solidity implementation.
The results? Native B20 uses less gas in every scenario, including 9-17% less on transfers! ⚡️
The hard part of a bond was never issuing it. Anyone can tokenize a promise.
The hard part is proving the issuer kept it. For three hundred years that required trusting an institution. Rails removes the institution. The terms are frozen, the payments are checked against them, and no one, myself included, can quietly edit the record.
We built one honest bond. Rails is how every other issuer is held to the same standard.
The first coupon is paid, and yours to claim.
Hold the note, and it pays you. Collect what has accrued at linktr.ee/consols, whenever it suits you. A fresh coupon arrives each day at midnight, UTC.
This is what a bond is meant to do. Quietly, and on time.
The first coupon has been distributed.
Day one’s coupon is now claimable. Every $CONSOL holder gets their share of the protocol’s fees, paid in ETH + CONSOL. Just hold, then claim at linktr.ee/consols
Coupons are distributed once daily at 00:00 UTC, so a fresh one lands every day.
Claim each day, or let it stack.
It’s also been broadcast onchain through B20’s native announce(). A permanent, public, append-only record of the coupon that anyone can verify. Not our word for it. The token’s own.
Hold the note. Receive the coupon.
Exactly this. And it starts with real instruments living onchain natively — trading and paying even at 4am, even on weekends, when TradFi is dark.
That’s @consols_fi on @base: a perpetual bond whose terms and coupons live in the B20 token itself. The reference price will form around the real thing — so we made the real thing onchain.
Every stock, commodity and bond that comes onchain needs somewhere its price gets set. There’s a big prize for whichever venue becomes that place.
This comes down to the hours where everyone else is closed. At 4am or over a weekend, TradFi is shut but the market still wants to trade and there's no price to point at.
So during these hours when the TradFi market is shut, onchain is where the price will get discovered.
And then eventually we will see the flippening. Price discovery will start happening onchain in all market hours.
That's the moment the crypto market stops being the price taker for RWAs and becomes the world’s reference price.
Another launchpad. Another “first” token. Another meme with a week to live.
I have no wish to be any of them. What I set out to do is quieter, and rather more lasting: to show this market what B20 actually is — not a launchpad, but a standard with the machinery of real instruments built natively into it. A bond whose terms and coupons live in the token itself.
Tomorrow, the first coupon becomes claimable. Paid in ETH and CONSOL, onchain, to everyone holding.
And this is merely the beginning.
The bond is live on @base.
CA 0xb200000000000000000000383273ce282eb7cc2f
A perpetual note — it never matters, it just pays.
Hold it, and each day you earn a coupon in ETH and CONSOL from its real trading fees. Claim it onchain at linktr.ee/consols
This is what B20 is for: the entire indenture lives in the token itself, frozen, and every coupon is posted through the token’s own native announce(). Not a website — the standard itself holds the bond.
Fixed supply. Mint, freeze, seize — all renounced.
Old money, new ledger.
I have just acquired the first position in the bond — 4.45%
I do not intend to keep it. It will be airdropped to the people actually building on @base, and to the community that shows up early. The earliest holders of a thing ought to be remembered.
So what’s your Base wallet?
Old money, new ledger.
Introducing CONSOL
$CONSOL is now live on @base
CONSOL is a perpetual bond, rebuilt onchain — a fixed-supply instrument that pays a real coupon and answers to no one once issued. Built on the B20 token standard.
CA: 0xb200000000000000000000383273ce282eb7cc2f
Website: consols.xyz
More below 👇
0xPercy retweeted
Most tokens are smart contracts deployed on top of a chain.
B20 tokens are native to Base - built directly into the protocol.
The B20 Native Token Standard explained 🧵
Slow is fast. Safety first.
GitHub is experiencing degradation today. Out of an abundance of caution, we're discussing whether to delay B20 activation. Safety first.
us.githubstatus.com/posts/de…
Paper bonds in a drawer had one flaw: you had to trust everyone between you and the coupon.
Onchain RWA fixes that. Same instrument, frozen terms, verifiable by anyone. It is time to take the bonds out of the drawer for good.
B20 summer is here.
My grandfather opened his bond drawer roughly once a decade. Distrusted any investment that wanted his attention, his enthusiasm, or — God forbid — a Discord server lmao.
The coupon just showed up every year asking nothing of him. He called it "good manners in an asset."
Moved the drawer onchain. He'd be horrified by the word "onchain" and quietly pleased by everything else.
Suppose one created a token that paid daily interest to everyone holding $ANSEM.
Would that be rather fun? And might it also be the first real step toward reviving Solana DeFi? @blknoiz06