It's been 3 weeks since I questioned @realpeterjm and @jasperflux about burning unlocked treasury tokens without any buybacks. Still no answer.
But the bigger picture is becoming clearer.
I suspect Peter and Jasper may be prioritizing cash reserves while base:0x306acd0c07c430abbbb2e74ef7bde94f32a898c0 continues to face selling pressure, potentially preparing for an eventual wind-down.
Stefan (Head of Strategy) is gone. Several devs have reportedly left too. This lead to tons of base:0x306acd0c07c430abbbb2e74ef7bde94f32a898c0 token finding exit liquidity. Who's next? My guess is Ben @BlJuane.
It's a sad ending for @sedaprotocol.
🤖 Made with AI
@sedaprotocol just printed a new ATL
Now?
No community.
No investors.
No buy back and burn (team unlock from treasury and burn without explaination explorer.seda.xyz/accounts/s…) -> @realpeterjm or @jasperflux should explain about this
Just inflation and lower lows. 💀
From ~$0.25 to $0.017.
At this point it's hard to believes the next “$SEDA burn” headline anymore....
So yeah… Uptober only for volume....
Mr Whites retweeted
seems like people are paying a lot of attention to a certain market data platform these past few days.
what i can tell them is:
- the tech is good and improving
- institutions and big players are rushing in to work with said "market data platform"
- the community is posting memes at an insane rate
Here’s a summary of @sedaprotocol Q3. Honestly, the inflation is still pretty scary. Just imagine base:0x306acd0c07c430abbbb2e74ef7bde94f32a898c0 somehow pumps back to $0.10 — with 70,700 SEDA entering circulation every day, that’s roughly $7,070 worth of daily inflation. How many projects would SEDA actually need just to generate enough fees to buy back and burn that amount every single day?
We’ll probably need at least another six months or even 1 year before we can really see how this project plays out — whether it fades away or actually turns into something meaningful
base:0x306acd0c07c430abbbb2e74ef7bde94f32a898c0
$PYTH $7.5M ARR is HUGE
Mr Whites retweeted
🇭🇰 100+ Hong Kong equities now live on Pyth Pro.
Tencent, BYD, Xiaomi, Alibaba, and the names that move the Hang Seng.
Mr Whites retweeted
6 years ago SEDA made a bet "Computation on data will be more valuable than simple data pass through"
The team put down their First Party Oracle Flux, and built SEDA, a programmable oracle layer for complex computation on data.
Now 6 years later the two biggest evolutions in finance are proving that thesis
1) 24/7 global markets run on pricing logic, not pricing data.
2) RWA finance (vaults/lending/loopìng) runs on asset context, not a static price update
Programmable finance, by definition, requires programmable data logic.
We proved this with $20B powered in 24/7 RWA perp markets on @HyperliquidX — now with assets from REITs to HELOCs onchain, programmable finance is demanding more logic at the oracle layer.
Perps showed SEDA's potential, programmable finance will scale it.
base:0x306acd0c07c430abbbb2e74ef7bde94f32a898c0 has lost 6 more validators compare with 1 month ago....
