what’s the hit rate of spies on CEOs?

i’m a plonkabot!

feel so honoured, all of pika’s projects are fkn epic - and this one will be no different

tysm 🥹🙏

Expanding on why I believe "ETH as store of value (SoV)" makes much more sense to focus on than "ETH as fee-burning token".

Three primary reasons:

1. ETH as fee-burning token never was as strong as it seemed
2. Optimizing for ETH as fee-burning token would demand Ethereum and ETH function in ways that are very hard to make compatible with decentralization and capture resistance.
3. Meanwhile, optimizing for ETH as SoV is aligned with Ethereum focusing on its unique strengths (decentralization and CROPS)

EIP-1559 (including its burn) is fine and good, we should keep them. But we should not feel sad if fee burn is < 10% of breakeven indefinitely; the value of ETH comes from elsewhere.

The core idea: the big thing that people appreciate about Ethereum is decentralization and CROPS. The main pragmatic benefit that these things translate into is stability. SoV is the category where that is not an unneeded extra we merely put effort into for ideological reasons, but rather a pragmatic strength from the perspective of people putting in their assets. And in the era of AI disruption, stability will be highly valued.

$ETH will be a post-quantum store of value btw

after 3 months of bad diagnoses, i think I finally found a physio that found the issue

feels so good 🙏

what are some good movies or documentaries to privacy-pill normies?

5/ Ethereum as financial infrastructure

→ From Treasuries to Onchain Finance: how ETH is moving beyond treasury holdings into staking, collateral and onchain finance
→ Trading Tokenized Assets: the liquidity, market data and settlement tokenized assets need to trade at th @julianzawist, @BradleyDuke_ and @cjrtyrer, from @bitmnr, @StanChart, @Bitwise, @Bullish, @Citi, @StateStreet, @GolemFoundation, @OpenZeppelin, @Capgemini and @chainlink.

1/ More than 200 leaders from banks, asset managers and market infrastructure providers join leading researchers building Ethereum in London next Thursday (November 12th).

Two sessions on the protocol, four on what institutions are building onchain.

The agenda.

si estás en paraguay y te preocupa poder acceder a tus ahorros, merecés información clara y tiempo para decidir. nadie debería apurarte a usar un producto financiero mientras intentás saber si vas a poder pagar tus cuentas.

para quienes están afectados por la situación de ueno, lo primero es consultar la información del banco central sobre los pagos del fondo de garantía de depósitos. esta es su página para verificar qué entidad fue asignada para recibir tu anticipo:

bcp.gov.py/web/institucio…

ethereum no puede recuperar dinero que ya está bloqueado en un banco. abrir una billetera no cambia eso.

pero vale la pena explicar qué podrían ofrecer estas herramientas a alguien que quiera tener otra forma de guardar y mover una parte de su dinero en el futuro.

con una cuenta bancaria, dependés del banco para procesar tus pagos y retiros. con una billetera bajo tu control, vos tenés la clave que permite autorizar transferencias a través de una red compartida.

si ya tenés fondos en esa billetera, un problema en tu banco local no te impide automáticamente enviarlos a alguien que los acepte.

imaginá a alguien que trabaja de forma independiente y cobra de un cliente en el exterior. podría recibir en su propia billetera una stablecoin vinculada al dólar y guardarla o transferirla sin tener que depositar primero ese pago en su banco local.

la parte difícil aparece cuando necesita guaraníes para comprar comida o pagar el alquiler. sigue necesitando a alguien dispuesto a cambiar esos tokens, un medio de pago que funcione y un tipo de cambio razonable. durante una crisis, todo eso puede volverse más difícil de conseguir.

esa es la pregunta práctica que conviene hacerse antes de usar estas herramientas: ¿puedo volver a convertir mi dinero en algo que realmente pueda usar para pagar?

hay algunas diferencias importantes.

ethereum es la red. ETH es su activo nativo y su precio puede variar mucho. no necesitás hacer una gran inversión especulativa en ETH para aprender a usar la red.

las stablecoins, como USDT y USDC, son otros tokens diseñados para mantener un valor cercano al dólar. dependen de sus emisores y de las reservas que los respaldan. pueden perder esa paridad, sufrir restricciones o volverse difíciles de cambiar. además, si tus gastos son en guaraníes, tener un activo vinculado al dólar te expone a las variaciones del tipo de cambio.

una cuenta en una plataforma de intercambio también es distinta de una billetera que vos controlás. dejar dinero en una plataforma significa depender de otra empresa para poder acceder a él.

la autocustodia puede reducir esa dependencia, pero también pone más responsabilidad en tus manos. perder las palabras de recuperación, compartirlas con un estafador o enviar fondos al destino equivocado puede provocar una pérdida permanente. los emisores de stablecoins pueden restringir transferencias incluso cuando vos guardás los tokens en tu propia billetera.

por eso tendría cuidado con cualquiera que presente esto como algo “a prueba de corridas bancarias”.

si querés explorar estas opciones, empezá por aprender sin mover dinero. entendé cómo recuperarías el acceso a tu billetera. nunca compartas tus palabras de recuperación con nadie, ni siquiera con alguien que se ofrezca a ayudarte.

después, revisá el recorrido completo: pasar de guaraníes a un activo compatible, retirarlo a tu billetera y volver a convertirlo en guaraníes. verificá el token y la red exactos, las comisiones, los montos mínimos y cómo vas a pagar el costo de la transferencia de regreso.

la documentación pública de el dorado incluye medios de pago paraguayos y retiros de USDT a través de arbitrum one, una red que permite operar dentro del ecosistema de ethereum con menores costos. es una opción que merece verificarse localmente. no la he probado, y que un medio de pago figure en una lista no demuestra que funcione hoy.

faq.eldorado.io/en/articles/12…

Ethereum stops being a collection of chains and starts acting like one system again.

That’s the pitch. The other 49 minutes are in the talk! Watch it, it’s a good one, demos and all :D

And it’s live today. Explore here: build.eez.io

Someone is impersonating me on Telegram!!! BE CAREFUL!!!

RT to help others!

"Over the last year, we've seen stablecoins, tokenized assets, DeFi and AI agents all land on Ethereum at the same time, creating an economic big bang that will deliver a period of unprecedented growth.

As the world's second-largest corporate holder of ether, we look toward to utilize our balance sheet of permanent capital to accelerate the transition through targeted investments and reward shareholders at the same time.

We stake our ETH to help secure the network, put the first liquidity into new protocols, and help fund groups like @ethlabs_org, @ethereuminsti and @eth_systems so Ethereum is ready for the people and institutions coming next.”

— @Sharplink CEO Joseph Chalom @joechalom on what productive treasury ETH looks like.

Full report below 👇

Julian Zawistowski says DeFi should be built around $ETH, not stablecoins.

“I’m absolutely certain that we can create those markets.”

“We can have ETH-denominated financial instruments.”

“We can have more ETH in DeFi, so DeFi that is more based on ETH than on stablecoins.”
we just need to grow up to this task.”

@julianzawist @GolemFoundation

Expanding the investment horizons of ETH—helping treasuries put their ETH to work

Ethereum is the home of onchain finance.

Say what you want about treasuries holding assets, but they now hold a big chunk of all ETH - so it's definitely worth paying attention to.

A new report says public companies own 8.03M ETH, or 6.6% of supply.

Yet, a lot of it isn't doing much, according to the report from Foundation and @ethereuminsti.

Across the 28 treasuries it tracks, about 74% of visible ETH is staked and about 21% sits unstaked. For context, The Ethereum Foundation holds about 191K ETH and keeps about half unstaked.

At a 2.2% yield, every 100,000 idle ETH gives up about 2,200 ETH in yield per year. PER YEAR!!! That is wild.

But still, the service providers surveyed in the report called staking yield "a base, but not enough on its own."

Golem Foundation and @OctantApp keep shipping since 2019.

A brief tldr on the report of ETH treasuries in partnership with @Kairos_Res and @ethereuminsti.

> Staking yield halved: 4.5% in 2022 → 2.2% today
> Public companies hold 8.03M ETH (6.6% of supply)
> 74% of treasury ETH is staked
> Lending (1.3%) and LPing (1.2%) pay less than staking
> Only first-loss cover (4.8%) and covered calls (7.6%) beat it, with more risk
> 328 hacks in 2026, $8.78B stolen
> Staked ETH last year: +2.4% in ETH, -36.8% in USD
> Governance, not yield, is the main blocker

A fresh, data-driven snapshot of ETH treasuries. Great work by @Kairos_Res, with input from @ethereuminsti and us at @GolemFoundation.

following on our report @julianzawist diving deep into how @GolemFoundation's treasury is looking at ETH yield

spoiler alert: we're way too bullish on ETH lol

x.com/i/broadcasts/2…

Proud to have partnered with @KairosResearch on this.

What stands out to me is how many treasuries in this report put their ETH back into the ecosystem, through grants, public goods funding and supporting builders in a variety of ways.

For us at @GolemFoundation that's work done through Octant... since 2023 our ETH yield has funded all of our work with the principal intact, and sent 5,273 ETH to users and Ethereum's best teams.

Excited for the next stage of this!