Making DeFi great again; BD @HatomProtocol & @0xSoulProtocol ( ) @xAllianceDAO genesis member

All is Not Financial Advice
Joined April 2022
How did we end up polling on Discord for Nepal’s next leader? Here’s a rundown: tldr; Nepali government was overthrown in 48 hours and I think i just witnessed the first internet native revolution. Over two decades ago, Nepali citizens overthrew the Monarchy to establish a multiparty democracy hoping for a better future. However, two decades later, the leaders of three major democratic parties, who overthrew the monarchy, were still fighting for power and greed. They went from no slippers on their feet to living in lavish mansions, but the common men were still poor, with no sign of improvements. However, something changed from around late 2010s. People who relied on national TV and radio for their information started getting wide access to internet. People could see every mishaps these politicians made in real time, every frustrated candid stories of every Nepali citizens, and the rapid development of every other country that used to be on a similar level to Nepal. Frustration started accumulating rapidly among people, all enabled by the internet. Fast forward to around August 2025, Nepali youths, frustrated by the corruption and incompetencies of the government, started a trend on TikTok called "Nepo Babies" where they created reels comparing the lavish lifestyle of politicians' kids with common citizens of Nepal who couldn't even afford a proper restaurant meal. This exposé got widespread traction on TikTok and Instagram, which infuriated all the citizens of Nepal who had already lost hope from the current politicians. Everyone started cyberbullying their kids for their lifestyle. Coincidentally, Nepali government imposed a ban on almost all major social media sites on September 4th 2025 saying they need to register their entities in Nepal and follow a strict content moderation rule imposed by the government, which obviously, these sites declined to. The problem is over 20% population of Nepal resides outside the country and suddenly they had no proper way to communicate with their relatives back home. This lack of empathy, combined by the suspicious timing around the rise of nepo baby trend and a long standing disappointment in the current establishment was too much for everyone. Suddenly, on September 5th, a call for a peaceful protest on September 8th started circulating on TikTok, Reddit, Discord, Instagram, etc. What’s interesting is, this was a decentralized protest, all organized via internet without any central figure. Since it was organized collectively by youths on internet, this protest was given the title of “Gen-Z protest.” A huge 12,000+ mass appeared on September 8th protest. It started peaceful, but things suddenly got violent. The government gave an order to shoot which led to the death of 20+ people and 300+ injuries by end of the day. Gut wrenching pictures and videos from the protest started floating on internet which led to a widespread outrage against the police and the government. Later that night, Government gave a very lackluster and apathetic response to such a devastating situation. With this, peace wasn’t an option anymore. Reddit, Discord, and TikTok was filled with rage and call for revenge on September 9th. People started sharing tutorials on how to create a Molotov cocktail, how to disarm tear gas, etc. This felt like the heat of the moment, but no one expected what was about to come the next day. Next day, everyone from every part of country started coming out of their houses and protesting against the government. Around early afternoon, news started circulating on internet that a big group was headed towards the house of the Prime Minister. Then another group headed towards another big politician, then another, then another. All of their houses were burnt. Internet facilitated a realtime coordination for mimetic actions across the nation. This is why “burn their mansions” became the trend for the day within a couple hours across the country. Police force, who were already demoralized from last day’s actions and reactions, showed little resistance on this day. Almost every major politician’s house was burnt, and many politicians were even beaten brutally by the crowd, on streets, on rivers, and in their mansions. I was on Reddit and Discord all day. It truly felt like dropping at a warzone where everyone is coordinating attacks, sharing real time updates, and even telling which locations to avoid, etc. By late afternoon, the prime minister resigned and took refuge under the army alongside many other politicians. Army took control for security later that night and wanted to host negotiations with the protestors. The problem was, there was no representative for the protest. It was all a collective decentralized effort. So people started discussing and polling on Discord and Reddit on who should represent the protestors and who they should nominate as their future leader. It’s been a chaotic effort (who knew decentralization would be chaotic), but they’ve finally agreed upon who they want to nominate. Discussion between Army, the President, and the protestors is still ongoing, but it’s almost guaranteed now that the leader nominated by the Discord polls will take the position within a couple days. It was an unfortunate event where many things went wrong and the destruction pushed Nepal back by years, but the sequence of events were very unique, where almost everything originated and accumulated from the internet. The dissatisfaction accumulated for years on internet, and suddenly in two days, the government was overthrown, all coordinated via Internet with no central figure. In many ways, the protest happened on the internet for years, but the government didn’t listen. I suspect this pattern will emerge across many other countries now that the world has seen what’s possible. The Network State is becoming a real thing.
🚨 Nepal's Gen-Z, who overthrew the Nepal's govt, have chosen their new leader via a poll on a discord server. — The new leader is expected to meet Nepali Army Chief and form an interim govt to hold new elections in Nepal.
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I have a hard time understanding a CFO asking why ownership % matters. User A invests at $30M valuation, owns 1%, holds for 7 years through all the failure risk. Gets diluted once to 0.5% 2 years ago. Now forced into yet another 90% dilution (1% → 0.05%) at arbitrary $1B market valuation. x3 current market nominal price but with 6-month lockup risk. He took maximum risk at $30M for meaningful upside. Now he has minimum upside with continued risk exposure. Return to risk ratio is now destroyed. Not all invested at current valuation, some invested at 0.3, 0.4, even 0.6. For the price to return to those level company will have to be valued 3,4, 6B$. Early investors deserve a fair participation in the success they helped create. This breaks the entire social contract, with investors not even given the chance to invest at the last round valuation (don’t have info but was 100% not 1B)
Replying to @vinibarbosabr
Appreciate you raising this. Let me clarify: XMN isn’t just a bridge of UTK onto Sui. It’s a new token with a wider scope: loyalty, rewards, grants, and incentives that UTK simply couldn’t support. That’s why we designed a fresh model instead of a 1:10 supply migration. The conversion options were built to reward UTK holders: - 1:1 with 6m lock - value preserved, APR boost + a unique OG NFT with lifetime benefits - 3:1 without lock - immediate liquidity, still with staking incentives. So rather than “losing share,” holders get choice, upside, and extras that reflect the growth and expansion of xMoney. Why is share of total supply important to you?
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The soul of Ethereum was Cypherpunk. It _is_ Cypherpunk. It will always be Cypherpunk. You can chase your glossy, VC-driven narratives, build your fancy protocols, but the ones that will endure are the ones that preserve our privacy, defend against censorship, and stand tall in the face of tyranny. Those are the projects that will outlast all the distractions, all the fleeting trends. Because principles do fucking matter. Because this is our fight, it's my personal fight, it's our soul. Cypherpunk will always rise. And in the end, Cypherpunk will win.
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I was always AGAINST the fixed supply. You can’t find a single tweet of mine talking about EGLD scarcity, and many criticizing it. Screenshot below is from 2.5 years ago. There are some from 4 years ago as well, but that one perfectly explains my position. The goal is to build a solid decentralized network, and not optimizing for the token value accrual in the long-term. (Can happen, but as a secondary result and not as the main objective). With this said, MultiversX foundation played its own cards extremely bad. It allowed the community (but also used in communication many times) shilling EGLD with the scarcity card cause it was convenient. The end result is that we have ton of investors into the chain cause of EGLD scarcity narrative. It was convenient not going against them, hoping price would recover or adoption would kick in. Bitcoin people are doing the same thing, despite the issue will be obvious only a decade from now. For now, the scarcity card is convenient for them so the issue is better being resolved when it’ll present itself. Build an investor community around a scarcity narrative, and once you’ll remove the scarcity you’ll see riots. I was never a supporter of the fixed supply nor I care. But I see how this will be a HUGE issue. I hoped foundation could be on our side showing how this could be a possibility, but staying silent was convenient.🥲
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There's a huge elephant in the room we're scared to talk about. Will $EGLD supply be potentially increased? This is @beniaminmincu's answer. a. Stay as we are, with no results b. Make some decisions to change things No clear answer, but seems a yes. What do you think?
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DavyCrypto retweeted
CLMM is a must for the #MultiversX ecosystem. 🚀 Be ready 🛠️ big things are coming soon! $EGLD
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The end of open banking in the US, and what does this mean for blockchains? Last week, Visa announced it pull itself out from "open banking", a fintech API alliance that allows customers to share their bank account access across different services. Cited reasons are - Trump undoes the regulation which says banking API access must be free - JPMorgan started to charge for this The spat is between JPMorgan and Visa. It's a bit ridiculous. Because neither of those should own your bank account, transaction history, etc, you, as a customer, should own your own account. If Visa and JPMorgan cannot agree, and corporates with conflicting interest never can, the system is in a metastable state and only holds together by regulatory duct-tape, which Trump is now undoing. And this, ladies and sers, is where public blockchains shine: credible neutrality. - You own your account on a public blockchain: you do not need to ask a bank or anyone else if you are allowed to use your own account in a fintech application, like earning yield on DeFi - There is no owner of a public blockchain, so no one can hike the fees, deny access, or rug pull the API from you as a user This will also serve as a warning story for permission blockchains and private blockchains. These have existed since 2018, but there hasn't been any really successful Hyperledger project, for example. Hopefully, companies building "with" JPMorgan on their Kinexys chain realise the game is rigged against them long term. As shared by @LexSokolin archive.ph/PqOIB
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I've seen some vibe-coding crypto applications handling users' assets. It's in your own interest to NOT trust those. Wait for serious devs to have a look at the code and ideally an audit.
One would think that building things on Blockchain now with emerging AIs will be super easy, barely an inconvenience. But one update of the docs or depreciation of a module hooks will make AI give bad code 8 out of 10 times. But the worst thing is not bad code, but the wrong logic and outdated or completely wrong advice. If your chain got an upgrade or a new capability the AI will not know it for a long time. If you are coding with UX in mind bad advice can make you create user flows that might end up super wrong. If you are diving into Blockchain dev and you are getting help from AI, question everything.
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MultiversX, what will we offer? First LayerZero and Wormhole offer to acquire Stargate. Now multiple offers for Ronin to change from a sidechain to an L2.
So Arbitrum offered Ronin $360K worth of ARB to become an L2 w/ them Polygon then offered $11M+ in total value including $3M+ in direct grants (contingent on hitting certain goals) Optimism offered $5M+ including over $2.4M in direct grants (also a contingent-on-milestones offer) (zkSync also made an offer, no major grant public but included about $180,000 worth of ZK for gas subsidies) The lesson? Always rough to be the first offer in the room.
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1/ EVM PROXY HACKERS ARE BACK ON MORE CHAINS If you are a smart contract developer and deploying upgrade proxy contracts, you are at risk. This is even if you're deploying on chains without MEV, like @base A thread 👇👇👇
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“Confidential transactions, anonymous and verified credentials and so many more things will become possible.” I’ll wait for the implementation, hopefully it’ll be efficient and easy to integrate for projects. It’s extremely important for mass adoption.
the road does not end with SuperNova. Although that is the biggest upgrade since genesis, the biggest engineering marvel on all the crypto space. One shot finality on a sharded ecosystem with 600ms blocks, all in super low cost hardware. Because we never compromise on permissionless and decentralisation primitives. But we promised ZK crypto integration as well, and we are going to deliver on that as well. ZK crypto opcodes for developers. Fast, easy, seamless, audited. All for the convenience and to improve everything on web3. Confidential transactions, anonymous and verified credentials and so many more things will become possible. Development never stops. This is MultiversX.
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DavyCrypto retweeted
chose to become a strategist! if you know nothing about DeFi and want to start making your assets work for you, @HatomProtocol just launched its Hatom Academy. videos to make everything easy for you to begin your journey towards financial independence.
Since July 2023, thousands have chosen Hatom to build their path to financial freedom. They weren’t traders chasing noise; they are strategists chasing yield. Today, we open that path to everyone as we launch the Hatom Academy. Our academy is here to turn curiosity into confidence, and confidence into passive income. Become a Strategist. Join the leading financial platform on @MultiversX: • 10,000+ users have deposited on Hatom • 4,700+ weekly active lenders, week in, week out • 0 bad debt. 0 halts. • 35+ audits & pen-tests; safety first • Consistently 60%+ of MultiversX TVL This is your home for on-chain finance. Beginner Track is live. Advanced & Expert are next. To discover the Hatom Academy channel, head to the next post 👇
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Unfortunately there's no shortcuts. Increasing fees would simply make any chain not competitive and decrease any success chances we have. Let's not try to optimize for speculative value accrual, but for ecosystem activity growth. There's not other sustainable way.
Why @MultiversX economics are brilliant and everyone will win / pure mathematics: General calculations - perspective / not 100% accurate: Currently $EGLD inflation is about 2800 EGLD/day , meaning about 6.5% APR distributed to those who secure the network Gas fees collected daily are ~35 egld What if : 1) we would vote an increase of 100x in transaction cost => we would have 3500 egld daily generated from transactions fees and ZERO inflation and 100% auto sustainability of the network ; meaning also an increase in APR to 8% 2) What if we would have on top of that , 2x network utilization ? 7000 EGLD generated would translate into 16% APR All this could happen pretty easily because there are many flexible factors with which you can play and obtain success. Study harder 🧠 always bullish on $EGLD
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Adoption is about facilitating access to new users. They don't know the lingo, they're not used to DeFi complexities. They need a place to learn how to use it with easy terms. 🔥That's Hatom Academy.🔥 Congrats to the guys for the work done.
Since July 2023, thousands have chosen Hatom to build their path to financial freedom. They weren’t traders chasing noise; they are strategists chasing yield. Today, we open that path to everyone as we launch the Hatom Academy. Our academy is here to turn curiosity into confidence, and confidence into passive income. Become a Strategist. Join the leading financial platform on @MultiversX: • 10,000+ users have deposited on Hatom • 4,700+ weekly active lenders, week in, week out • 0 bad debt. 0 halts. • 35+ audits & pen-tests; safety first • Consistently 60%+ of MultiversX TVL This is your home for on-chain finance. Beginner Track is live. Advanced & Expert are next. To discover the Hatom Academy channel, head to the next post 👇
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What would you vote for $EGLD? A. 10x price but substantial value added to society and better value distribution (higher GINI) B. 100x price but speculative value, little to no value added Black or white here, decide 👇
61%A
39%B
197 votes • Final results
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the best is yet to come! next steps will go faster 😉
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"Institutions will NEVER transact on public blockchains in the absence of enshrined privacy" This means you either focus on privacy, or institutions will not adopt this tech to handle financial operations for their customers. Personally, I'm glad they're not until we have privacy as it's risky for users to show balances and operations publicly. It'd enable bad actors to know your position and net worth.
There are many first-principle truths that exist outside of the crypto-native bubble One of those truths is that institutions will never transact on public blockchains in the absence of enshrined privacy There are actual regulatory requirements around client data confidentiality and compliance reporting that literally make it a non-starter for any credible enterprise or institution The counter to this is that Blackrock and Franklin Templeton are already using Ethereum and Solana today The reality is these institutions are simply using blockchains as a distribution mechanism for products like BUIDL and BENJI to advance their principal goal – grow AUM and clip more fees They themselves are not moving any of their operations on-chain In the absence of optional privacy, blockchains look more like marketing vehicles than backend infra for institutional finance
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DavyCrypto retweeted
i am very excited about this integration we pitched 1 year ago with @robolteanu_ to @sergiubiris from @xPortalApp. blockchain tech makes those kinds of partnerships a pure win for all stakeholders involved, and it's magical. - xPortal users win (earning opportunities) - xPortal wins (revenue opportunity) - Hatom wins (more TVL and revenue) - HTM holders win (more revenue = more buy-backs) - MvX ecosystem wins (integrations = more activity) big thanks to all the xPortal team members who've been involved in making this happen!
Safe earning opportunities for everyone, everywhere. Now you can earn passive income by lending your USDC directly from @xPortalApp. This is the power of blockchain, the simplicity of xPortal's UI, and the safety of Hatom's infrastructure. Fantastic work from @xPortalApp 🤝
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Safe earning opportunities for everyone, everywhere. Now you can earn passive income by lending your USDC directly from @xPortalApp. This is the power of blockchain, the simplicity of xPortal's UI, and the safety of Hatom's infrastructure. Fantastic work from @xPortalApp 🤝
Putting money in the bank? LOL ok boomer 🙄 Putting stables on-chain? Now we’re talking 😈 Stake USDC in xPortal, let it drip ⤵️
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