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Steven9000 π (L1/acc)
@stvngts
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Founder @GoGoPool_ nothing I tweet is financial advice, views my own
Akron, OH
Joined September 2011
just got off a call with 30+ L1 founders this was our FIRST community call, will be repeating monthly my key takeaways; 1/ avalanche might be the ONLY ecosystem in crypto right now with such a high density of REAL products being built 2/ classically, bootstrapping an L1 is expensive and slow -- it's now obvious that after AVAX9000, any team in the world (even web2) will be able to ship a healthy L1 3/ this group is going to get very large over the next few months, and very tight knit / value add this is the most pumped I've been to be a part of this eco + industry, ever
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You can now loop ggAVAX -- the highest earning LST on Avalanche 85% LTV in AVAX e-mode (so up to 6x+ leverage when looping) 55% LTV in normal mode Some more fun surprises coming soon!
The wait is over: $ggAVAX is now available as a collateral token on @FolksFinance. Put your ggAVAX to use and borrow stables or AVAX against it while keeping all your yield and earning additional rewards from Folks and GoGoPool.
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@anuragarjun @StaniKulechov > rollup superior approach Why? L1s are so simple. Choose a good consensus algo, run validators, have interop if you want it, easy. L2s have a bunch of other infra on top that need to be orchestrated, and the RnD isnβt done yet for half of it
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Run your own blockchain Use stablecoins as its native token Use USDC to settle customer payments near instantly with almost no fees Eventually, decentralize the blockchain by issuing a $KLARNA token and let your power users / customers run the infrastructure Build DeFi primitives, introduce a liquid market on top of Klarnas cash flow Use 100% of fees generated to reward your best users
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its is extremely nice having a pure capitalist in charge for once the world is accelerating πΊπΈ
π¨BREAKING: Japan's Prime Minister Ishiba announces a bold plan to ramp up Japan's investment in the U.S. to an eye-watering $1 trillion. Golden Age. βWith the inauguration of President Trump, the momentum for Japanese companies to invest in the United States is even stronger.β
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if you are a dev or team who thinks building a fully agentic L1 is interesting send me a dm lots of people want to see you succeed
/arc_angels We're excited to release the Rig Onchain Kit, an intuitive toolkit that equips your agents with Onchain capabilities and native interactions on @solana and EVM networks (like @arbitrum and @AbstractChain) just reading data or simple chatbots. What does this mean? Let's dive in. (1/14)
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