The top 737 users (top 0.2%) did half of @opensea's volume last month. The top 72 users (top 0.02%) did half of @Polymarket's volume last month! New essay on power users coming next week.

.@pmarca says the best startup ideas don’t look smart. They look insane. That’s why no big company touches them. That’s why they can work. “Breakthrough ideas often seem nuts the first time you see them. And the fact that they seem nuts can be a very positive signal.”

Last year, we had a SEC that was trying to kill crypto. Today, the SEC launched 'Project Crypto': - The SEC aims to bring crypto activity back to the U.S with this new project - SEC to introduce clear rules for all kinds of onchain primitives - tokens, NFTs, stablecoins and more - Clear guidance will be given on what is a security and what isn't - Safe harbor for companies doing ICOs and airdrops - Allow trading platforms/exchanges to trade both security and non-security tokens (and do DeFi + staking services) - and much more This is all incredibly bullish and a complete change in strategy from the previous SEC. The SEC now wants crypto to win and win big!

DeliSwap supports protocols, teams, and communities building on Base by: -enabling them to scale their native liquidity efficiently by pairing with wBLT, an auto-compounding yield asset that is integrated with all major aggregators. -not requiring token incentives to scale, but offering optionality for them to be included at team’s discretion which are not dumped by BMX holders but rather directly distributed to LPs (massive; no sell pressure) -supporting distribution and awareness with our BMX Media arm, which dives deep into selected protocols each week highlighting the amazing work these builders and teams are doing. We are the builders’ builder @BMXDeFi ❤️ 🟦 ❤️ 🥪