Eli5DeFi

On my way back from vacation.

I've realized one key lesson: taking a break requires minimizing market exposure.

Prior holiday, I’ve de-risked most of my portfolio, which has significantly reduced the stress of managing it (NFA + DYOR):

- 50% High-yield stablecoins like @levelusd, @OpenEden_X, @infinifilabs and @0xCoinshift, LP’d at @SiloFinance, @pendle_fi, and others
- 20% $BTC
- 10% $SOL
- 10% $HYPE
- 10% in more volatile assets i.e.: $MIXIE, $USELESS and more.

And so far @arbusai terminal has been invaluable tools, saving me time by filtering out unnecessary noise and highlighting worthwhile projects.

Btw, you only need 100,000 $ARBUS (~$580) to access the terminal.

Imagine if every app interaction happened directly on-chain.

From gaming and social apps to fintech and transactions.

It's closer than you think.

Let's dive in 🧵

➥ What You Need to Know About Somnia

What @Somnia_Network is building might initially appear to be just another infrastructure play, but that's a misconception.

Somnia L1 = Extreme Scalability

⎯ Supports 1M+ transactions per second
⎯ Sub-second finality
⎯ Sub-cent fees
⎯ EVM compatibility

These achievements are possible because Somnia is supported by @Improbableio and @msquared_io, utilizing innovative technologies like Multistream Consensus, Sequential Execution, IceDB, and Advanced Compression.

This advancement enables fully on-chain games, real-time social applications, advanced DeFi solutions, and even on-chain machine learning training without performance degradation.

Somnia is currently live on its testnet, Shannon, boasting impressive metrics with over 1 billion transactions.

This is the perfect opportunity to explore the Somnia ecosystem, encompassing NFTs, games, DeFi and many more. Such as:

- @EuclidProtocol
- @SomnexXYZ
- @NFTs2Me
- @4UAICrypto
- @goplaylag
- @playSparkball
- @Sogni_Protocol
- @LootMogul
- @MaelstromRise
- @QuickswapDEX
- @coin98_wallet

And plenty more—check out the latest ecosystem update on @SomniaEco.

For active Yappers, the Somnia @KaitoAI Yap Storm leaderboard is your compass! Yap Storm rewards the top Yappers weekly, based on mindshare ratio:

- Top 20 Yappers share $5,000 USDC
- Top 100 Yappers divide 100,000 Somnia Points

And there's even more to come!

There's no better moment to dive into Somnia than right now!

Just linked my Spotify with @UNWRAPPED_DATA and got a glimpse of what my listening history is actually worth.

Turns out, my music data has real value

It’s early, but the idea is simple: if your streams power the industry, why shouldn’t you earn from them too?

Plug in your Spotify. See what your data’s worth

No shocker here—less than 3% of micro-lowcap traders actually succeed.

But what if we could flip the script?

This thread could be your ticket to generational wealth 🧵

Hey GM Fam,

Sorry for the delay in getting back to you on DM or Telegram.

Real-life business had me tied up, and now I'm diving into a quick vacay with the fam.

I've got a ton of exciting ideas brewing—stay tune!

➥ Solana DePIN Wireless Comparisons

Many projects are working to improve internet accessibility using DePIN infrastructure, with most of them launching on Solana.

Today, let’s compare four leading DePIN wireless projects on Solana in less than 30 seconds. (See the tables for more details.)

➢ @DabbaNetwork
➢ @helium
➢ @dawninternet
➢ @XNET_Mobile

—

📌 Dabba / $DBT

The Dabba Network is a decentralized wireless internet infrastructure project, originally launched as Wifi Dabba in Bengaluru, India, in 2016. Its main goal is to provide affordable, high-speed internet—especially in underserved rural and urban areas across India.

The project has grown from a local Wi-Fi provider into a tokenized, community-driven ecosystem that rewards participants for helping expand connectivity.

—

📌 Helium / $HNT

Launched in 2019, the Helium Network aims for global coverage, starting with IoT devices using LoRaWAN and later expanding into 5G for mobile phones.

Known as “The People’s Network,” Helium emphasizes decentralized infrastructure and challenges traditional telecom models through community-powered growth. The network moved to Solana in April 2023 for better scalability and uses Proof-of-Coverage to validate hotspots.

—

📌 Dawn Internet

Dawn Internet, developed by @andrena_wifi, aims to decentralize broadband access by letting users buy, sell, and share bandwidth.

The project positions itself as a user-driven network, working to disrupt traditional ISPs by creating a peer-to-peer connectivity model. It uses multi-gigabit wireless transmitters on Solana, with a points-based reward system for validators.

—

📌 X-Net / $XNET

X-Net, or XNET Mobile, focuses on decentralized mobile connectivity by offloading data traffic from traditional cellular networks. It uses Hotspot 2.0 technology and enterprise-grade Passpoint infrastructure to boost efficiency.

XNET’s main coverage area is in the United States, with plans to expand partnerships with more Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MVNOs) both domestically and internationally.

I’ve been getting a lot of DMs asking why the combination of SVM and ZKP is so impressive, especially with @soon_svm and @boundless_xyz recent announcement.

The integration of SOON with the OP Kailua framework from Boundless uses @RiscZero ZK proofs, allowing validators to directly verify computations and transactions.

This ensures the integrity of L2 transactions without the long wait times that come with optimistic rollups.

Which leads to three major benefits:

— SOON delivers faster finality for transactions, which improves user experience, lowers fees, and makes it easier to build innovative apps.

— SOON Chains get zk-based security without needing traditional challenge periods.

— SOON can support new verifiable apps on zk-VM, creating new opportunities for both ZK and SVM developers.

So, still think infra play is boring? 👀

Today's mindshare was quite interesting:

- @yapyo_arb: +5.95%
- @virtuals_io: +3.61%
- @KaitoAI: +3.49%
- @arbitrum: +2.06%

Yapyo seems to be taking a blueprint from @stayloudio with some twist.

To succeed, they need to address some launch and post-launch issues, particularly with the third-party LP + leaderboard transparency. Currently, there are no specific details, so I'll be keeping an eye on this for now.

FYI, this coincides with the launch of the Arbitrum Yapperboard on Kaito.

It could be an intriguing option if you're interested in short-term or narrative plays for InfoFi. Obv, NFA +DYOR

h/t @arbusai for great Terminal to use, you can access it by staking $ARBUS

The upgrade from the $MKR token to the $SKY token marks a major step forward for Sky Protocol governance, infrastructure, and ecosystem.

Here’s what you need to know:

→ This upgrade process is voluntary and non-custodial for MKR holders.

→ MKR holders retain full control and can choose when to initiate the upgrade via a smart contract.

→ If they choose to upgrade, they will receive SKY tokens at a fixed rate of 1 MKR to 24,000 SKY.

→ Upgrading early helps avoid the Delayed Upgrade Penalty. Starting September 18, a 1% penalty applies to all MKR to SKY upgrades. This penalty increases by 1% every three months, up to a maximum of 100% over 25 years. This mechanism is designed to encourage timely participation in the upgrade.

→ MKR tokens no longer carry governance rights, as full governance authority has now been transferred to SKY. This change is intended to eliminate overlap between tokens and streamline participation in governance.

→ MKR holders can upgrade using any of the following platforms:

- @SkyEcosystem (Link provided after this post)
- @summerfinance_
- @defisaver
- @CoWSwap

This is a gradual transition shaped by open governance, with community input through public discussions and on-chain voting.

Ultimately, the upgrade aims to unify liquidity, simplify governance, and improve integration and infrastructure across the Sky ecosystem.

The upgrade from the $MKR token to the $SKY token marks a major step forward for Sky Protocol governance, infrastructure, and ecosystem.

Here’s what you need to know:

→ This upgrade process is voluntary and non-custodial for MKR holders.

→ MKR holders retain full control and can choose when to initiate the upgrade via a smart contract.

→ If they choose to upgrade, they will receive SKY tokens at a fixed rate of 1 MKR to 24,000 SKY.

→ Upgrading early helps avoid the Delayed Upgrade Penalty. Starting September 18, a 1% penalty applies to all MKR to SKY upgrades. This penalty increases by 1% every three months, up to a maximum of 100% over 25 years. This mechanism is designed to encourage timely participation in the upgrade.

→ MKR tokens no longer carry governance rights, as full governance authority has now been transferred to SKY. This change is intended to eliminate overlap between tokens and streamline participation in governance.

→ MKR holders can upgrade using any of the following platforms:

- @SkyEcosystem (Link provided after this post)
- @summerfinance
- @defisaver
- @CoWSwap

This is a gradual transition shaped by open governance, with community input through public discussions and on-chain voting.

Ultimately, the upgrade aims to unify liquidity, simplify governance, and improve integration and infrastructure across the Sky ecosystem.

CT is filled with noise, and many projects focused on genuine building don't receive the attention they deserve.

F- mindshare. I already had enough.

It's time to change that.

I am now introducing a Highlights Form for any projects wishing to be featured in our weekly highlights.

Participation is free and open to all projects.

We will review each project using a combination of manual assessment and powered by @arbusai scoring system.

Fill it out here ⤵️

Happy Friday, everyone,

Apologies for the late response.

I'm currently on a business trip and will be taking a few days off for a family vacation.

Given the current market volatility, coupled with the Elon versus Trump situation, it might be wise to stay vigilant and keep your dry powder ready for buying fundamentally good project, especially in projects you believe could be major runner.

I've noticed that several projects I'm interested in are approaching the buying zone.

The key is patience and adaptability.

Also, ensure you have varied timeframes for your investments or trades, along with disciplined take-profit and stop-loss strategies.

Turns out attention is not all that you need.

To be success, every single token in crypto needs robust product that really solve the problems.

And this is why @gvnrdao with its upcoming $GVNR Public Sale on @joinrepublic should be in your watchlist.

Let's dive in 🧵

To claim the trenches champion title, you need the ultimate tool.

Among countless options, The Thing by @privateAIcom stands out for fans of fast-paced signals, thanks to its real-time discovery engine.

Let's dive in! 🧵

I still have three invites available for @wallchain_xyz. Let me know if anyone hasn't received theirs yet.

Let's QUACK!

It’s interesting that the crypto community remains quiet about @circle’s upcoming IPO on the NYSE, set for Wednesday, June 4th.

Circle will be valued at $7.2 billion, up from $6 billion, with 32 million shares priced between $27 and $28 each.

Notably, @BlackRock and possibly @ARKInvest are looking to take stakes as well.

➥ Key Facts:

→ USDC is the second largest stablecoin
→ Current supply: $60.3 billion (+92% year-over-year)
→ USDC represents 66% of the total stablecoin supply
→ Annualized revenue: $2.3 billion (+59% YoY)
→ Annualized gross profit: $932 million (+46% YoY)
→ Annualized net income: $259 million (+61% YoY)

➥ Possible 3-Year Scenarios (per @jonbma / @artemis):

→ Base Case: $19 billion+
→ Bull Case: $30 billion+
→ Bear Case: $5 billion+, with a possible acquisition by @cbventures

Are you ready for $CRCL?

I've accumulated a significant amount of @KaitoAI YAP.

The strategy?

Focus on the non-diluted protocol leaderboard.

That's why @NEARProtocol deserves a top spot on your list; it's just launched a $150k Kaito campaign for Yappers!

Check it out below 👇🏻

How can you earn fees without cracking the @stayloudio Top 25 leaderboard?

Simple: Master the art of smart LPing. :)

h/t @HawkFi_

Okay, let's talk the most underrated stablecoin strategy with ROI potential of ~52%.

Yes, we're talking about $csUSDL on @pendle_fi.

Let's check it out 🧵