shmll
8.4k Posts
shmll
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High-Frequency Trader
1.9 Years
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Cryptocurrencies are holding steady with Bitcoin trading near $64,000 as markets react to the Federal Reserve holding interest rates steady, Wall Street backing the Clarity Act, and ongoing discussions surrounding crypto policy ethics.
Market Updates & PolicyBitcoin holds near $64,000 as investors digest the Fed's decision to extend its rate pause.Wall Street giants including BlackRock and Fidelity have thrown their weight behind the proposed Clarity Act, though Senate timelines face pressure.Robinhood reported $100 million in crypto trading revenue (a 38% year-over-year drop), even as its overall quarterly earnings beat expectations.Ecosystem & InfrastructureEthereum's role is shifting as perpetual futures boom, prompting developers to focus heavily on scalable layer-2 networks.The Ethereum Foundation appointed security researcher pcaversaccio to its board.Brale announced a new custom token protocol designed to remove major hurdles in scaling custom stablecoin issuance. #btc
Market Updates & PolicyBitcoin holds near $64,000 as investors digest the Fed's decision to extend its rate pause.Wall Street giants including BlackRock and Fidelity have thrown their weight behind the proposed Clarity Act, though Senate timelines face pressure.Robinhood reported $100 million in crypto trading revenue (a 38% year-over-year drop), even as its overall quarterly earnings beat expectations.Ecosystem & InfrastructureEthereum's role is shifting as perpetual futures boom, prompting developers to focus heavily on scalable layer-2 networks.The Ethereum Foundation appointed security researcher pcaversaccio to its board.Brale announced a new custom token protocol designed to remove major hurdles in scaling custom stablecoin issuance. #btc
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From shmll
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x_Rex
ยท
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I was building out a spreadsheet to track my own staking yields across a few protocols when I hit a wall trying to model Babylon's numbers. ๐๐คทโโ๏ธ
Kept wondering where the actual reward mechanism was even coming from, since it wasn't just "inflation, take it or leave it" like most chains๐.
That's when the fee-routing piece actually clicked for me๐.
๐44,000 BTC๐
Roughly $5.2B, is currently locked into Babylon's staking vaults, trustlessly, with zero bridges involved๐ตโ๐ซ.
That number usually just sits in a pitch deck somewhere.
This one actually connects to something people overlook.๐
Every time BTC moves in or out of a Trustless Bitcoin Vault (TBV) โ a loan opened, a stablecoin minted, a position closed โ that activity generates protocol fees.
The plan on the table is for a portion of those fees to route back to BABY stakers, not as some separate reward pool funded out of nowhere, but literally sourced from the BTC flowing through the vaults doing real DeFi work.
There's also a proposed deflation mechanism sitting behind it: fees collected in BTC would get auctioned off for BABY, and the BABY spent to win that auction gets burned.
No treasury manager deciding when to buy back tokens, no discretionary calls, just an automated process tied directly to how much actual usage the vaults are seeing ๐ฏ.
What stopped my spreadsheet cold isn't the mechanism itself, it's what it's tied to๐ค.
BABY's utility here isn't hype-based, it's usage-based โ more vault activity, more fees, more of this process kicks in.
No vault activity, nothing happens. Cleanest "why does this token matter" answer I've modeled in a while.
Still a proposal pending governance approval, not a done deal.
But it's a cleaner design than "reward pool exists because we said so."
@BabylonLabs_io
What ties a token's value to actual usage for you?
โ๏ธ Fees funding a burn
๐ณ๏ธ Governance rights
๐ Direct product revenue share
๐งช Still evaluating BABY's model
#baby
$BABY
Kept wondering where the actual reward mechanism was even coming from, since it wasn't just "inflation, take it or leave it" like most chains๐.
That's when the fee-routing piece actually clicked for me๐.
๐44,000 BTC๐
Roughly $5.2B, is currently locked into Babylon's staking vaults, trustlessly, with zero bridges involved๐ตโ๐ซ.
That number usually just sits in a pitch deck somewhere.
This one actually connects to something people overlook.๐
Every time BTC moves in or out of a Trustless Bitcoin Vault (TBV) โ a loan opened, a stablecoin minted, a position closed โ that activity generates protocol fees.
The plan on the table is for a portion of those fees to route back to BABY stakers, not as some separate reward pool funded out of nowhere, but literally sourced from the BTC flowing through the vaults doing real DeFi work.
There's also a proposed deflation mechanism sitting behind it: fees collected in BTC would get auctioned off for BABY, and the BABY spent to win that auction gets burned.
No treasury manager deciding when to buy back tokens, no discretionary calls, just an automated process tied directly to how much actual usage the vaults are seeing ๐ฏ.
What stopped my spreadsheet cold isn't the mechanism itself, it's what it's tied to๐ค.
BABY's utility here isn't hype-based, it's usage-based โ more vault activity, more fees, more of this process kicks in.
No vault activity, nothing happens. Cleanest "why does this token matter" answer I've modeled in a while.
Still a proposal pending governance approval, not a done deal.
But it's a cleaner design than "reward pool exists because we said so."
@BabylonLabs_io
What ties a token's value to actual usage for you?
โ๏ธ Fees funding a burn
๐ณ๏ธ Governance rights
๐ Direct product revenue share
๐งช Still evaluating BABY's model
#baby
$BABY
. . .
King Bro Crypto
ยท
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[Replay] ๐๏ธ Hawk---An Ecological Balance Guardian, a Promoter of Freedom Principles!
Hawk and BVS have reached a strategic partnership!
Hawk is influencing every city around the world!
03 h 07 m 44 s ยท 5.3k listens
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๐๏ธ Hawk---Ecosystem Balance Guardian, a Promoter of the Freedom Philosophy!
Hawk and BVS have reached a strategic partnership!
Hawk is influencing every city around the world!
End
03 h 07 m 44 s
5.2k
65
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Mariaaa27
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[Ended] ๐๏ธ congratulations ๐ฅณ๐๐ง๐ญ๐ฌ๐จ
206 listens
came here
่ฑ้ธฟยณยณโ
ยท
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[Replay] ๐๏ธ The primary market is gradually heating up, while the secondary market continues with DCA into BNB
02 h 26 m 45 s ยท 9k listens
ยท
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๐๏ธ The primary market is heating up slowly, while the secondary market keeps DCA into BNB
End
02 h 26 m 45 s
8.7k
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M A X
ยท
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Claim Your Gift ๐
๐งง๐งง๐งง๐งง๐งง๐งง๐งง
๐งง๐งง๐งง๐งง๐งง๐งง๐งง
Hint: { fine }
Hurry up Binancians
$SHIB $ERA $BANK
#FedSeenHoldingRatesJuly29 #BitcoinETFsPostLongestInflowStreakSinceMay #GoldAndSilverExtendGains
#KoreanTradersCutLeverageToThreeMonthLow #AsianStocksRiseOnChipmakerRebound
๐งง๐งง๐งง๐งง๐งง๐งง๐งง
๐งง๐งง๐งง๐งง๐งง๐งง๐งง
Hint: { fine }
Hurry up Binancians
$SHIB $ERA $BANK
#FedSeenHoldingRatesJuly29 #BitcoinETFsPostLongestInflowStreakSinceMay #GoldAndSilverExtendGains
#KoreanTradersCutLeverageToThreeMonthLow #AsianStocksRiseOnChipmakerRebound
. . . .
PINDI BOY PKยฒโต
ยท
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๐งง Claim Your BNB Red Packet Now!
๐ Grab Your BNB Red Packet
๐ฐ BNB Red Packet Live
๐ BNB Red Packet Event
๐ BNB Rewards Are Waiting!
๐ฅ Don't Miss Your BNB Red Packet
โจ BNB Red Packet Giveaway
๐ Unlock Your BNB Rewards
๐ Free BNB Red Packet
โก Claim BNB Rewards Today
๐งง CLAIM YOUR BNB RED PACKET
๐ Limited-Time Rewards
#BinanceSquare #bnb #BNBREDPACKET #Binance #CryptoRewards๐
๐ Grab Your BNB Red Packet
๐ฐ BNB Red Packet Live
๐ BNB Red Packet Event
๐ BNB Rewards Are Waiting!
๐ฅ Don't Miss Your BNB Red Packet
โจ BNB Red Packet Giveaway
๐ Unlock Your BNB Rewards
๐ Free BNB Red Packet
โก Claim BNB Rewards Today
๐งง CLAIM YOUR BNB RED PACKET
๐ Limited-Time Rewards
#BinanceSquare #bnb #BNBREDPACKET #Binance #CryptoRewards๐
Goooo
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๐๏ธ Keep training. Greatness is destined to be aloneโafter all, there arenโt many spots at the very top, bnb
End
02 h 34 m 04 s
14.4k
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Zuby - PK
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[Replay] ๐๏ธ Geopolitics vs. Markets
04 h 07 m 06 s ยท 541 listens
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KelseyX ้พ
ยท
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[Ended] ๐๏ธ welcome sweet family ๐๐๐น
202 listens
ยท
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๐๏ธ Have you missed the train? Is it still not too late to get on now?
End
02 h 25 m 20 s
7.8k
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