Ansem 🐂🀄️
RT @ThinkingUSD: In celebration of our best release ever, here's a list of all Terminal Employees:

@DenisCJN - CTO
@ephemeris_eph - COO/Product Head
@aIlseeingeyes
@Sokio8D
@mikaxbt
@mofgato
@khaidot
@TranceGeniK
@1xHooDoo
@0xSpaghetty
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chainyoda
RT @sandeepnailwal: BIG update - As the largest holder of POL and someone who dedicated his life to development and success of @0xPolygon from the very beginning, I have decided to take full control of Polygon Foundation and will be its CEO going forward. Polygon Foundation owns and oversees multiple entities including one of the major contributors, Polygon Labs, which will continue to be led by Marc Boiron @0xMarcB as its CEO, who in my mind is the best executive/leader in the entire crypto industry.

I’ve always stayed away from moving into the CEO role because I’ve been focused on building PF as an institutionally governed foundation. But right now, Polygon needs clear direction and focused execution and that means stepping up.

With a healthy treasury and several hundred million in cash, we’re in a great position to keep building for the long term, without any distractions or pressure to raise.

Today, I’m announcing a series of much-needed changes designed to deliver greater value to POL stakers and bring increased clarity to the broader market.

1. We will depreciate Polygon zkEVM next year. Polygon’s razor focus is going to be Polygon PoS and @Agglayer, nothing else. Polygon PoS will focus on Stablecoin payments and RWAs, while Agglayer will focus on building a trustless Internet of Blockchains.

2. The first milestone of the Polygon POS's Gigagas roadmap is now live in testnet. This first upgrade pushes network capacity beyond 1,000 transactions per second early July and it's only the beginning. We already have the plan to move to zero reorgs and <15000 TPS achieved in a devnet enviornment. This will put Polygon PoS amongst the most performant blockchains by Sept-Oct timeframe. And beyond that, we have a clear path to scale to 100k+ TPS over next few years. These upgrades massively increase the economic viability of Polygon protocol and thereby the value for POL stakers.

3. Agglayer v0.3 has been in the making and I am announcing week of June 30th as the rollout date. This version of Agglayer is feature complete except fast interop which we anticipate to be completed by end of Q3. We are back to massive shipping mode.

4. The Agglayer Breakout program will continue to spin off projects resulting in increased focus for Polygon PoS and Agglayer and massive airdrops to POL stakers. We are in the business of building blockchain networks and ZK is an important tool to bring that internet level scalability to blockchains. We have contributed a lot to ZK and will continue to do so in a more neutral way by spinning out more of ZK research efforts. Next up is Polygon ZisK led by Jordi Baylina @jbaylina. More to come.

5. Now that the SEC has dropped its investigations and lawsuits related to MATIC as a security, which should have never existed given the nature of MATIC (and now POL), we are excited to see several large market makers coming back to the table in recent days to make markets in POL that strengthens the liquidity of POL on exchanges globally.

6. The Foundation will also engage in educational campaigns to ensure everyone is aware of the upgrade of MATIC to POL.

7. Bringing the Polygon brand front and center into what was previously the neutral Agglayer brand. It’s time to align the ecosystem more clearly and boldly under the Polygon identity.

Also, going forward, major announcements from Polygon often will come from my twitter account, so follow me to be up to date and turn on your notifications.

So why am I doing this?

During 2021-22, we made a real effort to institutionalise the project by onboarding some amazing people as co-founders and board members and laying the foundation for scaling Polygon from the 10-100 stage of a venture.

But little did I know, Ethereum itself was going to go [...]

into an existential crisis that would pull Polygon and the entire Ethereum ecosystem right back to the 1-to-10 stage … or by some measures, even 0-to-1.

And the 0-to-1 stage is a different beast. It needs speed, courage to make bold bets, and the ability to handle failure. Also, the crypto industry has changed from being research centric to user centric and Polygon needs to change accordingly. Institutional setups and board structures are great for stability, but they tend to produce average-case decisions — not the sharp, aggressive moves needed to deliver exponential outcomes.

Polygon is now back as a zero to one startup setup. With the support of an incredible team at Polygon Labs, and strong leadership including Marc @0xMarcB, Mudit Gupta @Mudit__Gupta (CTO), Ryan (COO) @web3RyanN and many others we are going to BRING IT.

Let’s play!
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Ansem 🐂🀄️
RT @EasyEatsBodega: Market gonna flourish.
Playbook is playing out exactly how we thought it would.

Shocker. https://t.co/9Nqem48Wks

The reality of the Trump - Elon situation

- Trump calls for rate cuts after bad Job data (indicating recession)

- Powell says inflation is lowering, no need to cut rates, this is all part of the process

- Trump upset crashes out on Elon knowing Elon will retaliate and cause market to face pressure. With Tesla being in the NQ / S&P etc

- Powell now faces touch decision with market sell off occurring much faster then intended

- Elon n Trump make up, proper bill is established. Gov deficit finds way to decline vs increase. Elon keeps some EV credits

- Printer turns on, rate cuts begin, v shaped recovery, market flourishes, people happy with the political situation

My rough guesstimate of the next 90-120 days. - Easy
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chainyoda
RT @DefiIgnas: Block[.]one grift that never ends:

-> Raise $4B selling $EOS by inflating prices and fake demand.
-> Doesn't use the money to support $EOS
-> Instead, uses money elsewhere: Acquiring Coindesk, launching & closing NFT platform Voice, etc.
-> Launches Bullish CEX in 2021: No one in crypto uses it.
-> Files for IPO to ride the IPO wave

Peter Thiel-backed crypto exchange Bullish files for US IPO: FT https://t.co/WqLJjII0On - The Block
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chainyoda
RT @WuBlockchain: US May seasonally adjusted CPI monthly rate was 0.1%, vs expected 0.2% and previous 0.2%. May unadjusted CPI annual rate was 2.4%, vs expected 2.5% and previous 2.3%. May unadjusted core CPI annual rate was 2.8%, in line with expected 2.9% and previous 2.8%. Seasonally adjusted core CPI monthly rate was 0.1%, vs expected 0.3% and previous 0.2%. With CPI figures all below expectations, traders have increased bets on a Fed rate cut in September.
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chainyoda
RT @milesdeutscher: I am fully under the belief my peak happiness is NOW, not later, once I hit some arbitrary number.

Reaching your goals isn’t the fun part.

It’s the struggle, hustle, and little wins along the way that derive the most joy.
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Ansem 🐂🀄️
RT @sershokunin: https://t.co/Rz63WnX5T5
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chainyoda
RT @SpencerHakimian: So the deal we reached in London was that our consumers and businesses now get to pay 55% taxes instead of 30%? https://t.co/9X1OAptK7U
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chainyoda
RT @WatcherGuru: JUST IN: 🇺🇸 SEC could approve spot Solana ETFs within the next month, Bloomberg reports.
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chainyoda
RT @KaitoAI: He's not unemployed, he's yapping! https://t.co/tUChQyaEHY
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Mark W. Yusko - Two Point One Quadrillion
Math Is Hard

Good morning.

While everyone celebrates the fact that inflation came in under expectations, it is worth noting that prices are *still rising*, the dollar is *still debasing* and only hard assets like Bitcoin can protect you from this relentless hidden tax.

Have a great day. - James Lavish
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jesse.base.eth
RT @TYBXYZ: We’re excited to announce our $11M Series A funding round, co-led by @offlineventures and @strobefund, with participation from @cbventures, @CastleIslandVC, and @Unusual_VC.

TYB is reimagining brand loyalty through onchain community commerce, helping brands like Glossier, @rarebeauty, Saie, @UrbanOutfitters, and @drinkpoppi engage fans directly through challenges, rewards, and co-creation.

With this funding, we are accelerating our mission to bring brands and fans closer together — turning customers into community and engagement into long term growth.
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chainyoda
RT @WhaleInsider: JUST IN: BlackRock buys 30,084.39 ETH worth $80.6 million. https://t.co/xe6b9W0ZQy
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